FloQast
FloQastReviews from AWS customer
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Love the autorec function and prepaid amortization schedule in FQ
What do you like best about the product?
The document and the link/data sync between systems
The ability to tag the reviewer/add comment for their review and ability to close comment once we are all set with the task.
The Autorec feature for bank rec/CC rec
The prepaid amortization schedule. No need for manual and easy to find back up
The ability to tag the reviewer/add comment for their review and ability to close comment once we are all set with the task.
The Autorec feature for bank rec/CC rec
The prepaid amortization schedule. No need for manual and easy to find back up
What do you dislike about the product?
The long wait or sometimes crash when we are reloading and reviewing variance analysis
What problems is the product solving and how is that benefiting you?
Time saving for bank recs, cc recs, and prepaid amortization schedule and monthly entry to upload to NS, balance sheet rec and closing the month overall. Love the rollforward feature.
Floqast Long Time User
What do you like best about the product?
User friendly, great support team and easy to adminster.
What do you dislike about the product?
I think I would prefer only one way to roll over files so that comments always roll forward. Not really a dislike though.
What problems is the product solving and how is that benefiting you?
Central location for reconciliations, see progress of multiple entities.
Excellent tool that really does what it should: Makes Month End Closing easier and faster
What do you like best about the product?
Clean and easy UI. Reminders work perfectly and speed up the month end closing process
What do you dislike about the product?
Reconciliation can be improved. We are using NetSuite interface but somehow does not speed up our process.
What problems is the product solving and how is that benefiting you?
It significantly reduces the time for the MEC and notifies the colleagues that a task is complete so they can start working. This greatly improves collaboration.
Excellent tool for Process and Reconciliation Management
What do you like best about the product?
Automating our reconciliations with an integration with our ERP has transformed our close.
We use it every day across Close and non-Close elements of our business.
Customer Success is excellent, and the system is easy to use and robust.
We use it every day across Close and non-Close elements of our business.
Customer Success is excellent, and the system is easy to use and robust.
What do you dislike about the product?
Our integration uses SFTP and so isn't as "live" as we'd like.
What problems is the product solving and how is that benefiting you?
We're managing our period-end close, several operational cycles and our annual audit preparation through FloQast.
FloQast is a great tool!
What do you like best about the product?
It is very east to use and has the capabilities of segregating our close process into various workflow (such as reporting, SEC, close) which allows for efficient use of our team's time during the busiest period of our month.
What do you dislike about the product?
There is really nothing I can think of at this time.
What problems is the product solving and how is that benefiting you?
Time and responsibility management is one of the main things FloQast is solving for my team.
FloQast is an invaluable tool!
What do you like best about the product?
Real time analytics on progress of data analytics. It synchronizes with our accounting system. Very easy/clear to use (book-keepers to tech savvy controllers can manage using it). One stop shop for all support results in easier audits. Implementation was also a breeze. And last but not least, the customer support is second to none - they are AMAZING. They are always there for you (you won't need it frequently), but this team is very bright, motivated, and always willing to help.
What do you dislike about the product?
Cost - somewhat of a high barrier to entry for smaller companies but you will quickly understand the value in it.
What problems is the product solving and how is that benefiting you?
This tool is invaluable for my company where we have multiple branches. Myself and my corporate controller can monitor the progress of close, identify problem areas, follow up and offer assistance when we see that a close hasn't started, and set expectations on deliverables based on everyone's status. Having this project tool is saving us a lot of confusion and headaches, and allowing us all to work more cohesively together. Love this product so much!
FloQast has been very beneficial to our Accounting Team!
What do you like best about the product?
I love the auto matching feature and the auto amoritization feature. It makes our bank reconciliations so quick and easy!
What do you dislike about the product?
I wish that the auto matching feature for bank reconciliations could handle the large amount of checks that we issue. Sometimes it matches the wrong check to what actually cleared the bank. So we have to double check FloQast "automatching" capibilities.
What problems is the product solving and how is that benefiting you?
Our close deadline moved from 21 days to 3 day close. Having FloQast has made a 3 day close so dueable!
Floqast is great at managing your monthly close process
What do you like best about the product?
Organizes all the accounting duties of monthly close into one easy to use platform.
What do you dislike about the product?
Sort functions, by month or by person could be improved.
What problems is the product solving and how is that benefiting you?
Organizing a large remote workforce into one place to coordinate monthly close process.
Floqast Review
What do you like best about the product?
It keeps out team organized and accountable
What do you dislike about the product?
There availability to customize out instance to our individual needs
What problems is the product solving and how is that benefiting you?
managing a system of accountability and auto reconciliation
Floqast- overall a great addition to our organization
What do you like best about the product?
Floqast has helped our organization improve immensely. We have cut down close time, while improving visiblity for all team members.
What do you dislike about the product?
Dashboarding could be improved for managers that manage multiple workflows. (cross functional teams)
What problems is the product solving and how is that benefiting you?
Floqats has helped us improve our overall close time by reducing the number of days to complete our close process. We have increase visibility for both users and managers, giving us a better overall picture of team status. We utilize FQ for our external auditors, giving them direct access to our reconciliations and SOX controls.
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