FloQast
FloQastReviews from AWS customer
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Great software for accounting teams!
What do you like best about the product?
I love that it is easy to see and roll forward work performed in prior periods! So much of our accounting work is similar month-over-month and I appreciate not having to start from scratch.
What do you dislike about the product?
I would appreciate if we were able to roll workpapers quarter-over-quarter in addition to month-over-month. This would be very helpful for workpapers that are performed on a quarterly basis.
What problems is the product solving and how is that benefiting you?
Floqast is solving the problem of manually tracking individual and team work performed for the close process. The progress reporting is simple to use and to understand.
Monthly/Quarterly tasks organized simply
What do you like best about the product?
The tasks checklist makes my quarterly SEC reporting tasks easy to organize and follow, and ensure things are done timely.
What do you dislike about the product?
I wish we had a little more control over the OneDrive folder structure as it relates to linking them back to the task checklist. Certain changes require help from Floqast rather than us being able to make the changes.
What problems is the product solving and how is that benefiting you?
A one-stop shop for all monthly and quarterly accounting team tasks, including Close and SEC Reporting. It has made me more efficient, productive and responsive in my day-to-day job.
Streamlined Close Review!
What do you like best about the product?
Having visibility into the entire close process in real-time. We have a team of 8+ individuals working on the close concurrently; FloQast allows me, as a reviewer, to see how we are tracking deadlines and identify areas that are falling behind.
What do you dislike about the product?
Overall I like the ReMind feature within FloQast; however, there are some enhancements I would like to see in the future. FloQast has done a great job considering any enhancement requests, so I'm confident this product will only improve!
What problems is the product solving and how is that benefiting you?
FloQast has allowed us to ditch our excel close workbook. The workbook was previously time-consuming to roll forward each month and was prone to errors as account balances could be changed and not identified. FloQast will now warn us when an account goes out of balance, which is a great control to have in place.
Seamless Reconciliation with Superb Simplicity
What do you like best about the product?
I genuinely appreciate FloQast for its ease of use and simplicity, as it makes my tasks significantly more manageable. The seamless integration with NetSuite and Excel streamlines my reconciliation process, simplifying the way I work with financial data from different platforms. This interoperability greatly enhances operational efficiency. Additionally, its reliability stands out, providing consistent performance that allows me to trust the system without much concern. The setup process was seamless, making the initial adoption and continued use smooth and hassle-free. Overall, these positive aspects contribute to my unwavering satisfaction with FloQast, underscored by my strong likelihood to recommend it to others.
What do you dislike about the product?
{"The time it takes for reconciliations to update"}
What problems is the product solving and how is that benefiting you?
I find the product simplifies reconciling data between Excel and NetSuite, enhancing our efficiency.
Easy Implementation and Helpful Services Team
What do you like best about the product?
The FQ services team is one of the best my team has worked with. They are quick to respond and always volunteer to go above and beyond.
What do you dislike about the product?
Not much to dislike about FQ. The only issue my team has had was related to the setup and mapping of our ERP entities into the FQ system.
What problems is the product solving and how is that benefiting you?
FQ allows me to view my team's status throughout close and catch any unreconciled accounts real-time.
Monthly Close
What do you like best about the product?
FloQast helps my Team keep the monthly close on track. It is helpful to have all important tasks and deadlines in one place.
What do you dislike about the product?
It would be more efficient if FloQast could connect to our ERP and update frequently, or in real-time.
What problems is the product solving and how is that benefiting you?
We have a new suprevisor and FloQast has been extremely beneficial in helping her keep track of what needs to be done and important deadlines. FloQast has been an invaluable tool for facilitating a remote workforce, replacing paper binders and wet signatures with an electronic process.
User Friendly
What do you like best about the product?
The daily reminders of items that are due and what is coming up
What do you dislike about the product?
I haven't come across any dislikes within Floqast.
What problems is the product solving and how is that benefiting you?
It has made our close process and account reconciliation process more efficient. By having the GL account balances within Floqast and being able to immediately sign off on your account recs once balanced has saved me tons of time.
Great help with tasks
What do you like best about the product?
a reminder of due tasks, auto-reconciliation
What do you dislike about the product?
There are no downsize in using FQ, i find it very useful
What problems is the product solving and how is that benefiting you?
matching application
Intuitive, orderly, easy
What do you like best about the product?
User-friendly interface that allows quick visibility of progress.
What do you dislike about the product?
(1) Include review notes with recs and checklists in the status export for all items within a given period. (2) Allow linked documents for recs.
What problems is the product solving and how is that benefiting you?
The platform for checklists replaced Excel for us - much easier and orderly. The recs environment allows for better control over consistent completeness.
the system is easy to follow
What do you like best about the product?
the system is simple and not complicated
What do you dislike about the product?
The flux analysis should be more friendly
What problems is the product solving and how is that benefiting you?
Consolidate all the WP and shows the gaps vs documentation
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