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FloQast has made month end close so much easier!
What do you like best about the product?
It's great that you can see month-end close progress in one spot. It's also an excellent way for new hires to figure out their tasks and responsibilities. Mark has also been fantastic to work with and so helpful!
What do you dislike about the product?
Nothing! So far everything is working as expected.
What problems is the product solving and how is that benefiting you?
Keeping a handle on tasks. Before utilizing FloQast, it was easy to miss entries and have to catch them later in the process. Now we have a comprehensive view of everything that needs to get done.
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Organize All Your Tasks in One Place
What do you like best about the product?
I like the flexibility of creating tasks in FloQast and assigning due dates for each task.
What do you dislike about the product?
I wish there was a summary on the home page showing the exact tasks that are overdue.
What problems is the product solving and how is that benefiting you?
It helps organize tasks among team members and making the monthly accounting process more efficient.
Best solution for Reconciliations
What do you like best about the product?
The best thing is this software gets connected with the ERP, which eliminates all the manual processes of doing the reconciliation.
What do you dislike about the product?
The task completion percentage is not correct and sometimes shows false results.
What problems is the product solving and how is that benefiting you?
FloQast helps in eliminating the redundant manual reconciliation process without compromising completeness and accuracy.
Flexible and easy to use!
What do you like best about the product?
So easy to use and maintain that it requires no training or specially dedicated admin.
I like the ability to attach and link files to checklist items and have multiple levels of review.
I like the ability to attach and link files to checklist items and have multiple levels of review.
What do you dislike about the product?
The last time I looked at the flux analysis option (a while back), I had difficulty getting it into a format similar to what we currently use so I was skeptical about user adoption.
What problems is the product solving and how is that benefiting you?
Account reconciliations prep and review is faster with rolling forward docs and notification when preparer-signs off
Month-end close tracking at a glance with useful, flexible dashboards with drill-downs to sections and users.
SOX Controls maintenance and support documentation storage as a central repository.
Month-end close tracking at a glance with useful, flexible dashboards with drill-downs to sections and users.
SOX Controls maintenance and support documentation storage as a central repository.
Great software to keep track of month end task.
What do you like best about the product?
What I like the best about the software is that it's easy to use and follow. You can add tasks as needed for some months and can easily remove the tasks the following month. Another feature I like is that I can keep track of what entries another team member has already completed. If my entries rely on other people's entries, I can message the other team members to complete their tasks.
What do you dislike about the product?
On the reconciliation portion, I have to upload the same excel file to each entity for the GL reconciliation. I wish there were a way to select multiple entities at one time when uploading the reconciliation excel file. Another issue I sometimes encounter is that I would get a very vague error message when uploading files. The error message should state the issue and how to solve the problem.
What problems is the product solving and how is that benefiting you?
FloQast keeps track of which task people are responsible for. It's also a great way to save and keep excel files. I can view past journal entries by checking the history. For the reconcilations, I can easily view the variance that needs to be solved.
very functionable
What do you like best about the product?
upload file, very easy to uploading file and support documents and it has warning to avoid duplicate upload.
What do you dislike about the product?
The working chart is sometimes very confusing.
What problems is the product solving and how is that benefiting you?
Reconciliation
Loving it!
What do you like best about the product?
Easy to navigate and use
Easy to track the the process of the close
Each team member knows exactly what they need to do and the deadline for each task
Easy to track the the process of the close
Each team member knows exactly what they need to do and the deadline for each task
What do you dislike about the product?
Switching/changing preparers from one individual to different individuals could be time consuming
What problems is the product solving and how is that benefiting you?
Selecting multiple periods and entities at the same time
FloQast is an intuitive platform that leverages infrastructure and brings order to close
What do you like best about the product?
FloQast is an intuitive platform that provides a tech-enabled workflow that optimizes accounting close and does so in a controlled manner.
What do you dislike about the product?
Certain income statement reconciliation and flux tools are limited in their capacity to tailor analytical procedures.
What problems is the product solving and how is that benefiting you?
FloQast solves the problem of bringing order to monthly close and document retention for audit purposes.
FloQast enforces accountability
What do you like best about the product?
FloQast is a tool that allows our team to be consistent with our monthly checklists and acts as the policing agent for keeping us accountable.
What do you dislike about the product?
The "roll forward" feature for documents is an all or nothing feature. I would like to be able to roll forward my own documents and allow my coworkers to roll forward their own when ready to do so. (Maybe there is a solution for this already?)
What problems is the product solving and how is that benefiting you?
FloQast has helped our team identify redundancies in our workflow and reconciliation process. On the flip side, it helped us fill some gaps in our trial balance reconciliations.
Director of Financial Operations and Transformation
What do you like best about the product?
Accountability and ownership in the close process is fantastic.
What do you dislike about the product?
Wish the fee would be a set fee for a range of users not per user.
What problems is the product solving and how is that benefiting you?
Shrinking our close process, and saving paper by not printing out binders for review.
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