FloQast
FloQastReviews from AWS customer
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Seamless Slack & Outlook Integration, But File Upload Limits Frustrate
What do you like best about the product?
A few of my favorite things is the integration to Slack and Outlook for daily close reminders, as well as the Dashboard showing overall close status for me as an individual (as well as my entire team).
What do you dislike about the product?
The file size upload limit can be a roadblock during close, sometimes after attempting to upload a file it won't be finalized due to the size.
What problems is the product solving and how is that benefiting you?
The application addresses the need for preparer and reviewer sign-offs, which is a crucial part of SOX compliance to ensure timely reviews. My reviewer can leave review notes on individual reconciliations, and I'll be notified through Slack.
user-friendly and efficient tool for managing financial close processes
What do you like best about the product?
user-friendly and efficient tool for managing financial close processes.
What do you dislike about the product?
Performance issues (slow, glitchy behavior)
Limited customization and automation gaps
Limited customization and automation gaps
What problems is the product solving and how is that benefiting you?
Improved Compliance and Audit Readiness-
FloQast maintains a complete audit trail and links documentation directly to SOX compliance modules, which is especially valuable for sensitive engagements and regulatory reviews.
FloQast maintains a complete audit trail and links documentation directly to SOX compliance modules, which is especially valuable for sensitive engagements and regulatory reviews.
User-Friendly and Perfect for Organizing Data and To-Do Lists
What do you like best about the product?
It's very user friendly and a great way to organize all of the data and keep track of to-do list items.
What do you dislike about the product?
Some of the navigation features on smaller screens aren't as user friendly.
What problems is the product solving and how is that benefiting you?
We would lose track of due dates for various items, including account recs, controls, and miscellaneous tasks. Having the checklist feature makes everything easy to see in one spot.
FloQast Keeps Me Organized and On Track with Timely Reminders
What do you like best about the product?
I really appreciate how FloQast helps me stay organized by keeping track of all the tasks I need to complete and sending reminders that ensure I meet my deadlines. It's especially helpful to receive notifications for tasks that occur less frequently, such as annual ones, which could easily be overlooked. As someone responsible for many account reconciliations, some of which are also posted to by others, I find it very useful to get alerts when an account goes out of balance. Before using FloQast, I might not have noticed these issues until the next month's reconciliation.
What do you dislike about the product?
I realize this might be a minor point, and I’m sure it’s something that’s already being addressed, but as a user of Transform, I would really appreciate having an integration with Netsuite. It would be great to pull data directly into the steps, instead of having to reference a file.
What problems is the product solving and how is that benefiting you?
This tool has been instrumental in helping me meet tight deadlines. As well as SOX reconciliation controls, which used to be a very time-consuming task.
Effortless Accounting Integrations, Minor Admin Navigation Hurdles
What do you like best about the product?
The seamless connections between accounting software, such as QuickBooks Online and Intacct. It's easy for me to reconcile balance sheet and profit&loss accounts to my account reconciliation files.
What do you dislike about the product?
Navigating the admin settings, but as long as you know where to find what you need, it's pretty easy.
What problems is the product solving and how is that benefiting you?
Account Reconciliations and Easy Review SignOffs
Keeps Me Organized with Seamless Sync and Timely Notifications
What do you like best about the product?
I like that it syncs to the Shared Drive and it helps me stay on track with all my tasks in one spot! I love the email notifications when something is due soon or when something is ready for review!
What do you dislike about the product?
N/A - currently no dislikes about floqast!
What problems is the product solving and how is that benefiting you?
Floqast helps me stay on track and has become my to do list for every month end close and every quarterly close. It organizes via tags that I can use to filter out which tasks I'd like to prioritize. Rather than having a physical to do list, a manager can comment directly in a task and it helps me have a digital trail
User-Friendly with Excellent Support, But Pricey and Missing AI Features
What do you like best about the product?
Easy to use. Easy to set up. Great customer service. User interface.
What do you dislike about the product?
It is a bitexpensive. Lacks AI capabilities.
What problems is the product solving and how is that benefiting you?
Streamlines the account rec and close management process.
AI-Driven Tools Enhance Efficiency and Explanations in Flux Analysis and Reconciliations
What do you like best about the product?
I love the new AI-integrated tools used in the Flux analysis. They can really help generate a general explanation to start from.
What do you dislike about the product?
Refreshing certain reconciliations can be very time-consuming, which may cause delays in sign-off.
What problems is the product solving and how is that benefiting you?
FloQast helps to take the pain out of reconciliations, which frees up more time to tackle complex accounting issues. I wish our team utilized it for more of our Flux analysis.
Loved and Loving Floqast - what a JEM*
What do you like best about the product?
Everything the close checklist t recs to the additional offers. It straemlines and documents work for accountants
What do you dislike about the product?
Sometimes it can be buggy or error out at the worst times
What problems is the product solving and how is that benefiting you?
Streamlines work, documents process, had an audit trail and maintains close records
Easy to Adapt, Multiple Access Options—Keeps Getting Better
What do you like best about the product?
There are multiple ways to access all of my information. ex: folders, checklists, description, assigned to me. Not to mention how easy it was to adapt to.
What do you dislike about the product?
I haven't found anything that I truly dislike since we have been tweaking it for our first 3 months. I only look for it to get better.
What problems is the product solving and how is that benefiting you?
Floqast defines what month end looks like, so we don't have to manually log, save, create, email and last of all dig for auditors. They can find it themselves!
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