FloQast
FloQastReviews from AWS customer
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Great for Planning, But Slow NetSuite Integration
What do you like best about the product?
I like how it has due dates so I can manage and plan my days around what I need to accomplish and when.
What do you dislike about the product?
I find that FloQast can be really slow in connecting with NetSuite and I have to spend 10+ minutes refreshing FloQast to tie out my close items.
What problems is the product solving and how is that benefiting you?
It allows me to stay organized in all my close items and ensure I have correct numbers in my close items.
Month End Process tracker
What do you like best about the product?
It is easy to see my checklist of items to complete for the Month End Close process
What do you dislike about the product?
I don't like that it signs you out after a bit. I wish it would keep you logged in all day. The Refresh sometimes takes a bit longer than it should.
What problems is the product solving and how is that benefiting you?
Close schedule and tracking. It helps see where the department is in our Month End Close process
Streamlined Task Management, But Reconciliation Matching Needs Improvement
What do you like best about the product?
I like that it gives transparency of what are the tasks of each team. The FloRequest and adding dependency on a Reconciliation or checklist helps me streamlined the process of my task during close. The Reconciliation in FloQast helps me on saving time reconciling and preparing my JE.
What do you dislike about the product?
So far, the main issue I have encountered with the Reconciliation feature is that it matches transactions based on the exact amount, rather than always matching by check numbers. Sometimes, it automatically matches transactions by amount instead of the check number, which is not what I expect. In these cases, I have to go back and double-check the matches.
What problems is the product solving and how is that benefiting you?
Transparency on the task and streamlined the process of close and resolving issues.
Simple UI and Smooth DropBox Integration Make Floqast a Breeze
What do you like best about the product?
The UI interface of the platform is simple and easy to navigate. The integration with our DropBox to view reconciled amounts in Floqast from the workbooks is also very nice.
What do you dislike about the product?
Updating certain parameters like looking at certain months kind of get snagged and there is a lag when looking for several months in the parameters. It could be an issue on my end but it does happen often.
What problems is the product solving and how is that benefiting you?
FloQast addresses our need for a centralized platform to monitor our month-end close process, which is especially helpful given how dispersed our team is. Since we don't all work in the same office and rely on one another to finish tasks in order to complete the close cycle, it's convenient to be able to see which items are done without having to reach out to each person individually.
Reviewer
What do you like best about the product?
This is an excellent tool for closely tracking progress. It allows me to monitor developments in detail, making it much easier to stay updated and informed.
What do you dislike about the product?
There is none that I can think of that I dislike about FloQast.
What problems is the product solving and how is that benefiting you?
This is an excellent tool for closely monitoring progress and making sure that tasks are completed on time. It really helps keep everything on track.
Efficient Reconciliation with Helpful Alerts and Customizable Checklists
What do you like best about the product?
I've used other reconciliation software and I believe that FQ works very well. The email alerts are helpful.
An area that I believe is particularly noteworthy are the checklists. We have different checklists for month end close vs compliance. Having different checklists helps us to focus on close timelines which is great.
An area that I believe is particularly noteworthy are the checklists. We have different checklists for month end close vs compliance. Having different checklists helps us to focus on close timelines which is great.
What do you dislike about the product?
The only issue with FQ is that it takes too long to upload documents. I don't think the issue is from our end as we can upload documents to other sites without the long delay we experience with FQ.
What problems is the product solving and how is that benefiting you?
FQ helps with tracking tasks and letting me know when reconciliations are ready for review.
Exceptionally User-Friendly and Easy to Navigate
What do you like best about the product?
I like the user friendliness, makes the platform easier to navigate!
What do you dislike about the product?
There is nothing i dislike within floqast.
What problems is the product solving and how is that benefiting you?
Main purpose is acting as a repository and completeness/accuracy of our balance sheet.
Highly recommended for accounting teams looking to streamline their processes and enhance visibility
What do you like best about the product?
It helps keep tasks moving efficiently by providing a clear structure and timeline for close activities.
What do you dislike about the product?
Nothing from me, FloQast has significantly improved our operational efficiency and team coordination.
What problems is the product solving and how is that benefiting you?
FloQast helps keep tasks moving efficiently by providing a clear structure and timeline for close activities. The platform’s intuitive interface makes it easy to assign responsibilities, track progress, and ensure deadlines are met without unnecessary delays.
Keeps Our Close Process Organized and On Track
What do you like best about the product?
It keeps our close process organized and on track
What do you dislike about the product?
nothing as of yet. We have been using it for a while and nothing as come up as annoying or pointless
What problems is the product solving and how is that benefiting you?
Making sure all of our processes are completed each accounting period and that our reconciliations balance
Centralized Reconciliations Speed Up Audits, But Needs Better Intercompany Support
What do you like best about the product?
All of our balance sheet reconciliations and task are in one place and can be accessed by all staff as well as auditors. It makes our annual audits move much quicker and more efficiently.
What do you dislike about the product?
We don't have the ability to reconcile intercompany accounts between businesses in separate GP companies.
What problems is the product solving and how is that benefiting you?
Task completion and accounts reconciled can be tracked as a whole. We are able to see what areas we are having issues and where we need to step in and help to meet close deadlines.
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