FloQast
FloQastReviews from AWS customer
0 AWS reviews
-
5 star0
-
4 star0
-
3 star0
-
2 star0
-
1 star0
External reviews
1,391 reviews
from
External reviews are not included in the AWS star rating for the product.
FloQast Review 8/29/2022
What do you like best about the product?
I enjoy seeing the progress of my team close checklist tasks all in one location. I also like being able to filter on tags. The new reconciling items feature is also great! I am also liking the different workflows and look forward to exploring this more.
What do you dislike about the product?
I wish I could select entities rather than having to see only 1 entity or select all. I also wish there was a way to "archive" old flux analysis reports so they didn't always show up as an option for the team. It often leads to confusion.
What problems is the product solving and how is that benefiting you?
More insight into close progress which results in timely and accurate internal and external reporting. Additionally seamless integration between Netsuite and FloQast allows my team to spend more time on analysis and review for accurate reporting rather than data input.
Great method for staying on task during the month-end close!
What do you like best about the product?
Having a checklist that keeps all tasks in one place is incredibly helpful. I also enjoy the alerts that are received if something is out of balance.
What do you dislike about the product?
Filters could be a bit more prescriptive.
What problems is the product solving and how is that benefiting you?
Keeping the entire team in step on month-end close was difficult, but FloQast has helped alleviate that issue.
FloQast is incredibly user friendly!
What do you like best about the product?
Ease of use, implementation, admin settings
What do you dislike about the product?
I wish there was a calendar view of items and that you could add a link to an item
What problems is the product solving and how is that benefiting you?
We don't need to coordinate to-dos in meetings or messages, it's easy to track who's doing what and when. Reconciliations and audit trails are also fantastic.
Floqast
What do you like best about the product?
It's extremely user friendly and has shortened our close cycle
What do you dislike about the product?
Sometimes the page needs refreshed a few times for items to stick
What problems is the product solving and how is that benefiting you?
It's shortening the close cycle and helping us meet our deadlines
Very Useful for Task Management and Reconciliations
What do you like best about the product?
The best part is the shared view of the tasks for your team and the utility of the reconciliation feature. I use both of these heavily each close and they help me stay on top of my responsibilities.
What do you dislike about the product?
The only thing I dislike within Floqast is the inflexibility of the auto-rec amortization of prepaid expenses. There are a few prepaids within our accrual reports that we need to add to the reconciliation after doing amortization, but there is no way to do this within FloQast
What problems is the product solving and how is that benefiting you?
FloQast is helping me with task management as it shows me what responsibilities I have each period and reminds me if I still need to complete them or not. It has made time management very easy.
Awesome for accounting
What do you like best about the product?
FloQast helps my team stay organized and on track. I really appreciate the notes feature.
What do you dislike about the product?
Sometimes the reconciliations do not match up correctly between the bank and NetSuite detail.
What problems is the product solving and how is that benefiting you?
FloQast solves the problem of missing deadlines. It benefits me that there are reminders about what tasks are due.
FloQast is easy to implement and is very user friendly
What do you like best about the product?
FloQast gives a snapshot in real time of the Finance Team's progress with close tasks. It helps team members plan their close efficiently. The comparison of reconciliation balances to NetSuite balances helps team members see if transactions posted that need to be addressed or added to reconciliation.
What do you dislike about the product?
I would like to see the ability to bulk update checklist and reconciliation items by due date, like the current process to bulk re-assign preparer/reviewer. Due dates are easy to update through the templates in settings, but if one-off changes have been made during the month, these changes are overwritten by updating templates.
What problems is the product solving and how is that benefiting you?
FloQast is helping to organize the close process. Tasks are transparent to all of the Finance Team, which is important so that questions can be raised to the appropriate person if needed.
Close Tracking Enhanced
What do you like best about the product?
FloQast has been great in helping us track our close process and provide analytics to show how we are evolving from period to period. It is great to log in and see an exact picture of where we are at each close status-wise.
What do you dislike about the product?
Not necessarily any dislikes. The technology is somewhat new and always evolving so there is a little learning curve with that but all positive changes which are good!
What problems is the product solving and how is that benefiting you?
FloQast helps us more seamlessly track our close progress. We are able to set due dates, preparers, reviewers, and the frequency a task is performed, which really goes a long way in giving us data on our close process.
Its easy to use and very user friendly
What do you like best about the product?
If your task is not completed then it's giving you reminder again and again till you complete the task
What do you dislike about the product?
I like everything in it so there is no dislike nothing are there
What problems is the product solving and how is that benefiting you?
It's a very good software to use its giving me the benefit to completing my record
Easy to use, great UI, definitely worth the price to decrease the time to close
What do you like best about the product?
FloQast is easy to use and easy to implement. It has allowed us to easily track our close progress and make sure all required tasks are complete. We can track bottlenecks easily which allows us to free up resources as needed to better manage the close. FloQast allows us to import excel files that our ERP system, Sage Intacct, can easily export. It tracks our review notes and their status as well so we have everything with our close in one place. I previously used this software at another company and loved it so much that I have been discussing getting a subscription with management since I moved. Unfortunately, the Company was too small at the time but as soon as its size warranted the switch, we moved to FloQast.
What do you dislike about the product?
At this point, I have not found anything significant that I dislike about FloQast. It would be nice if FloQast could develop additional features such as fixed asset depreciation and roll forward tools. There are a few small items I would like such as the ability to customize the order of tasks besides the due dates. Overall the software is very intuitive, easy to use, and has very little to dislike.
What problems is the product solving and how is that benefiting you?
FloQast has allowed our accounting team to increase the time to close. This has allowed our FP&A team more time for analysis and we have been able to start delivering financial data to our management team and board in a much timelier manner. It has easily saved us 3 plus days of close time. It has also allowed us to cut down time on certain tasks such as manual follow-up with various internal and external parties which has allowed us to decrease the time to close. The Flux tool in FloQast has moved the responsibility of the flux analysis from management to our accounting team which has enabled them to be proactive in making sure the balances in each account appear reasonable.
showing 841 - 850