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Making monthly, quarterly, and annual bookkeeping a breeze.
What do you like best about the product?
I think the most beneficial aspect is the checklist that helps you streamline your process. Each process differs from client to client, so the list helps keep the momentum moving forward.
What do you dislike about the product?
The beginning set up seems to take an inefficient amount of time to get going. Once done though the rollover function is where the streamline takes over. I would advise to take on one or two new floqast clients a month so the first month isnt so overwhelming with getting information in.
What problems is the product solving and how is that benefiting you?
Floqast offers a direct insight into taking trial balance numbers and providing a side by side of the balances associated with the workpapers to verify accuracy faster.
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Great at Task Distribution
What do you like best about the product?
I enjoy the ease at which a task can be assigned and distributed amongst a team so that each person can see if their colleague has done their part.
What do you dislike about the product?
A notation column could be a nice addition
What problems is the product solving and how is that benefiting you?
It is helping with organizing the distribution of tasks
I have found floqast to be a great organized way to store information
What do you like best about the product?
The organization for each month and the ability to compare months easily.
What do you dislike about the product?
That I can't view recs from different months at the same time as i can for checklist items.
What problems is the product solving and how is that benefiting you?
Before using the autmated rec system I was having to manually put all the information in an excel sheet. Now I just have to upload new information to floqast and I don't have to adjust for previous months.
Highly Recommended to Improve MEC
What do you like best about the product?
-Links directly to NetSuite or other ERP
-Rolls forward your checklist and files each month
-Decertifies your rec or flux sign-offs if the balance changes
-Rolls forward your checklist and files each month
-Decertifies your rec or flux sign-offs if the balance changes
What do you dislike about the product?
-Income statement flux tool may not work depending on how your opex and departments are set up
What problems is the product solving and how is that benefiting you?
-Streamlining MEC activities
-Real-time flux and rec updates mean nothing is missed
-SOX compliant control support
This keeps our MEC on track and auditors happy.
-Real-time flux and rec updates mean nothing is missed
-SOX compliant control support
This keeps our MEC on track and auditors happy.
Makes Month End Easy
What do you like best about the product?
I love the checklist feature in FloQast and how you can adjust the dates of when tasks need to be completed. This helps keep month end close a fluid and easy process because you know how far head or behind you are.
What do you dislike about the product?
There's not anything I particularly dislike. It does take a decent amount of time for Trial Balances to load in which can slow the process down a bit when you're ready to drop but nothing significant.
What problems is the product solving and how is that benefiting you?
FloQast is keeping me on track and on time. There is no questioning if I have everything clean and ready for dropping the financials, all I have to do is look through my FloQast checklist to know that everything is tied out and ready to go.
FloQast is revolutionary close tool!
What do you like best about the product?
Centralization of checklist and reconciliation in one place, automation of reconciliation and close deadline udpates
What do you dislike about the product?
Flexibility of close folder rename is restricted to admin, can't adjust close timeline by categorizing soft close vs hard close.
What problems is the product solving and how is that benefiting you?
the old manual way we maintain rec/checklist
Floqast helped to automate our close
What do you like best about the product?
I like the consistency and the organization of Floqast.
What do you dislike about the product?
I don't love some of the linking aspects.
What problems is the product solving and how is that benefiting you?
Before Floqast, we couldn't easily see the progress of the close. As someone who is heavily involved in the close, it makes the process easier.
Very intuitive and easy to use interface!
What do you like best about the product?
I like the fact i can filter for my open items as opposed to having to view the whole list
What do you dislike about the product?
It can be a bit slow to refresh depending on file size uploads
What problems is the product solving and how is that benefiting you?
It is making our balance sheet recs easily viewable and creating collaboration between the various streams within our business
Looks good
What do you like best about the product?
i like that everything is in one space and all together
What do you dislike about the product?
having to repeatedly mark balancing checks as complete
What problems is the product solving and how is that benefiting you?
Making check lists visible to everyone
Very user friendly and efficient
What do you like best about the product?
The thing I like most about FloQast is that it is very easy to operate.
What do you dislike about the product?
I receive too many reminder emails which sometimes can be overwhelming
What problems is the product solving and how is that benefiting you?
Creates a checklist, it gives me confidence that all the tasks I need to complete have been completed.
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