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FloQast

FloQast

Reviews from AWS customer

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External reviews

1,385 reviews
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External reviews are not included in the AWS star rating for the product.


    Wholesale

Great Software for Month-end closing and Reconciliation

  • November 16, 2022
  • Review provided by G2

What do you like best about the product?
It makes the month-end closing much easier.
What do you dislike about the product?
The field to add explanation in Variance Analysis is too small and cannot be expended.
What problems is the product solving and how is that benefiting you?
It replaces the checklist in the spreadsheet.
It stores the files and tracks the records of month-end close.
It is good for training new accountants.
It also makes the year-end audit easier.
It offers great visibility of accounting and payroll tasks.
It tracks the task related communications.


    Alex Z.

Floqast review

  • November 16, 2022
  • Review provided by G2

What do you like best about the product?
every checked item has a date, preparer, and reviewer, all the items are very organized
What do you dislike about the product?
no, everything works fine, no problem so far.
What problems is the product solving and how is that benefiting you?
FloQast is a very organized and efficient tool for internal organizational use


    Marion P.

Love Floqast

  • November 16, 2022
  • Review provided by G2

What do you like best about the product?
Its easy to use and really helps me to keep track and be on top of my month end process.
What do you dislike about the product?
Some features are not free! Floqast remind should be free!
What problems is the product solving and how is that benefiting you?
The management of the month end process - Floqast really help me on planning on how will I tackle our month end


    Cullen W.

FloQast keeps us on track and organized. And the interface continues to improve.

  • November 16, 2022
  • Review provided by G2

What do you like best about the product?
I like the structure of it probably the most. But there are multiple quality features. It feels less cumbersome than some other similar tools I've used in the past, and the customization gives me everything I want to ensure monthly, quarterly and yearly close go smoothly.
What do you dislike about the product?
Not much really. If I had to pick one thing, it's that I'm not a huge fan of online Excel. It's not nearly as robust or programmable as the standard desktop version. But for the most part this is not an inconvenience.
What problems is the product solving and how is that benefiting you?
Getting everyone on the team into a very routine and easy to evaluate schedule is really helpful. Knowing exactly what is due, especially using the timeline view, helps to set priorities in weekly tagups.


    Mining & Metals

Great for organizing, efficient in display and very user-friendly!

  • November 16, 2022
  • Review provided by G2

What do you like best about the product?
FloQast is a great workflow organization tool, it has made viewing and reviewing our reconciliations so much more easier and efficient. Its checklist is also great for our month-end meetings, and am very appreciative of the impromptu support received whenever we have any issues/questions.
What do you dislike about the product?
The greatest downside would be that it's a third-party software, but that's difficult to mitigate unless of course it develops into an ERP system. So far, am well pleased with all that it offers.
What problems is the product solving and how is that benefiting you?
FloQast makes reconciling items easier, by displaying all recs under categories, it is easier to check off and keeps us accountable. Our business performance has indeed increased by meeting our deadlines on time.


    Valorie C.

I love #FQ!

  • November 16, 2022
  • Review provided by G2

What do you like best about the product?
The quality I most like about #FQ is the ability to stay on task and ensure I don't forget anything in my month-end close process. I've never used a product like this before
What do you dislike about the product?
I have not seen any downsides to using #FQ. If I had to choose something, it would be not fully recognizing the product's capabilities. Maybe periodic free tutorials with tips and tricks would be helpful.
What problems is the product solving and how is that benefiting you?
Keeping my accounts reconciled and the ability to keep notes have been a massive help to my productivity. Also, a big problem that #FQ helps with is that anyone on my team can see my productivity and step in to help if needed.


    Kristin M.

Floqast keeps it simple

  • November 16, 2022
  • Review provided by G2

What do you like best about the product?
The best thing about FloQast is its ease of use. As a Quickbooks user, I upload my Trial Balance and my reconciliations. FloQast verifies the reconciliation balance to TB, and the user confirms the match. A user can create the month-end processes easily to a close checklist, so no steps are ever omitted. You can add pre-close tasks as well and assign the tasks to various users. Depending on your company's segregation of duties level, a reviewer can also be assigned to sign off for compliance.

FloQast hosts a delightful, free, 2-day virtual conference, "Take Control," each September. FloQast consistently implements new features to assist with all accounting and business needs.
What do you dislike about the product?
FloQast has very few downsides, but if I needed to give one, it would be the initial learning curve to adding a new account to the reconciliation list. I could have initiated assistance from the fabulous FloQast support, but the best way to learn and recall the process is through trial and error. Once I figured out all the steps required, the process was logical and intuitive.
What problems is the product solving and how is that benefiting you?
FloQast keeps all of our brands' reconciliations in one location, which assists the corporate controller. FloQast keeps everyone on task for a smoother month-end. Also, having each reconciliation uploaded to FloQast, there is never a fear of overriding a reconciliation when rolling it forward. There is always a copy preserved.


    Accounting

FloQast review

  • November 16, 2022
  • Review provided by G2

What do you like best about the product?
Centralizing all your working papers which leads to an efficient audit. Also centralization of all checklists.
What do you dislike about the product?
Flux analysis does not include a budget column.
What problems is the product solving and how is that benefiting you?
Efficient and effective monthly close process which frees up staff time for other initiatives.


    Melody H.

Highly recommend FloQast

  • November 16, 2022
  • Review provided by G2

What do you like best about the product?
reading about improvements, the ability to earn certificates and using new areas like forcasting, planning, analytics
What do you dislike about the product?
easier mass updates and pre made templates for loading and updating.
What problems is the product solving and how is that benefiting you?
FloQast is solving the problem of time consuming reconciliations with auto rec (especially for multiple bank accounts), it's helping us better communicate across the team and provides visibility to where we are at with month end close and allows us to have one central location for our files. We are also looking in to how FQ could help us in the future with analytics. FQ has helped us greatly for reducing time spent looking for files when it's all in one location; it has made reconciling accounts easier!


    Accounting

Very helpful tool for tracking close process and provides needed amount of visibility

  • November 16, 2022
  • Review provided by G2

What do you like best about the product?
Percent tracker, ability to see where we stand towards progress
What do you dislike about the product?
Wish there were more options on comments - maybe a checklist
What problems is the product solving and how is that benefiting you?
Visibility