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Extremely efficent and streamlines the close process
What do you like best about the product?
We recently started using FloQast and I must say this software has reduce my workload by several hours each month. I also enjoy how it is organized and enables me to stay on track and easily allows me to see what is completed and what tasking remains outstanding on any given day. Plus, it makes the entire review process easier. What a great product!
What do you dislike about the product?
I have no complaints. It is user friendly and easy to learn how to use.
What problems is the product solving and how is that benefiting you?
It has definitely streamlined the close process and makes the review process easier. It has resulted in a reduced workload.
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FloQast Review
What do you like best about the product?
FloQast helped automate our checklists and reconciliations. It seems like it will be helpful in streamlining our processes.
What do you dislike about the product?
FloQast seems to run very slowly when refreshing some of our companies, especially when we are trying to quickly close the books.
What problems is the product solving and how is that benefiting you?
It is allowing us to streamline our processes by using automatic reconiliations and showing our progress on checklist items, which we previously did manually in Excel.
Great tool for tracking month end close.
What do you like best about the product?
Software is easy to learn and use and I appreciate that it uses our existing Onedrive storage for housing the data and monthly reconciliations.
What do you dislike about the product?
There are a few features that cost extra, which I would prefer to be included in the price. For example, we need to pay extra for using more than 2 auto amortization calculations. I also wish they offered a payment option of simply putting a monthly charge on a credit card insdtead of an annual payment.
What problems is the product solving and how is that benefiting you?
Was extremely helpful in moving our paper close process to a pure online solution.
Floqast Review
What do you like best about the product?
It helps keep us organized and on task. It seems like if will be a useful tool for our company.
What do you dislike about the product?
It seems to run a little slow when we are refreshing.
What problems is the product solving and how is that benefiting you?
Floqast helps keep us organized and on task. Helps month-end run smoothtly.
Very helpful system for our finance team to centralize checklists and reconciliations.
What do you like best about the product?
The very user friendly interface is great for our team as we are in a position where things are changing rapidly and constantly. The team was very helpful during implementation. We've been able to add visibility to close tasks and reduce close timing while increasing quality of tasks and reviews.
What do you dislike about the product?
It would be helpful if there was an integration of FQ tasks/timing into calendar apps (Outlook/Google) so that team members can see everything in one central place.
What problems is the product solving and how is that benefiting you?
Prior to FQ, close tasks were being tracked in separate excel trackers and close timing changed each month without central review of all tasks that were done. FQ helped centralize everything into one place and provide visibility into timing, tasks and reviews. The reconciliation feature has also given us full balance sheet coverage over reconciliations . This baseline understanding and tracking has allowed us to reduce close timing and identify more opportunities for efficiency.
Accountant utilizing Floqast for month end checklist and account reconciliations.
What do you like best about the product?
Organizing the close all in one spot.
Easy upload for support.
Easy upload for support.
What do you dislike about the product?
Waiting for trial balance updates, but this could be due to the timing of the data feed into FQ.
What problems is the product solving and how is that benefiting you?
Centralized location for all supporting documentation.
Saving us time from searching in folder paths or asking other people where support is saved at.
Saving us time from searching in folder paths or asking other people where support is saved at.
Qaulity, simple product.
What do you like best about the product?
I work in the compliance management workspace and I like the simplicity of the product. Very straightforward and easy to use.
What do you dislike about the product?
I've experienced some bugs recently such as not being able to enter a control in the test tab. Resolution took more than 24 hours.
What problems is the product solving and how is that benefiting you?
Creates a one stop shop for all close and reconciliation activities.
Great onboarding and day to day usage
What do you like best about the product?
UI is organized and intuitive! Rollforward function is super helpful as well
What do you dislike about the product?
Nothing noted so far in my day to day usage
What problems is the product solving and how is that benefiting you?
Tracking progress of month end close and reconciliation
Floqast-Review-Gallaudet University
What do you like best about the product?
It helps with the organization and assignments in the team
What do you dislike about the product?
I wish there was a way for my team member to complete a task and it would update automatically in Floqast instead of logging in and uploading the document then complete it.
What problems is the product solving and how is that benefiting you?
Assignment to meet deadlines for all reconcliations and audits
Floqast - 10/10
What do you like best about the product?
I'm still in the implementation process but the team has been AMAZING. From the sales pitch, demos, to implementation process - it has truly been a pleasure!
What do you dislike about the product?
Still in the implementation process and so far do not have dislikes to report!
What problems is the product solving and how is that benefiting you?
FloQast is assisting in memorializing a close process and creating a check list of tasks to allow for better tracking within the team. There are also tools such as auto rec that could shave off time on redudant tasks.
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