FloQast
FloQastReviews from AWS customer
0 AWS reviews
-
5 star0
-
4 star0
-
3 star0
-
2 star0
-
1 star0
External reviews
1,386 reviews
from
External reviews are not included in the AWS star rating for the product.
Floast is an excellent tool for accounting teams
What do you like best about the product?
I love FloQast. It has helped me with my accounting and finance team; it keeps them organized during month-end close processes. In addition, I use it as a tool to help me manage my projects.
It keeps my team focused on moving quickly through the close processes. As a result, we don't forget items anymore.
It is also easy software to learn to use. I was confused at first, but then it was effortless. The learning curve is very accessible.
It keeps my team focused on moving quickly through the close processes. As a result, we don't forget items anymore.
It is also easy software to learn to use. I was confused at first, but then it was effortless. The learning curve is very accessible.
What do you dislike about the product?
I don't particularly appreciate that it can be complicated at the implementation time. It takes some getting used to. Also, I would like to be easier to connect with other tools and improve configurations.
What problems is the product solving and how is that benefiting you?
The analyses have been helpful for me in identifying the financial areas we need to take care of. It is benefecial that the documents are saved in the cloud because we can share them quickly and vew them as a team.
The accounting closing fucntions have helped me a lot in organizing my work. In addition, the reminders the software sends me have been essential for me, and I no longer forget some pending tasks.
The organized and precise work, in addition to the documents in the cloud, has helped us to consolidate the tasks of the financial closes as a team. The workflow is excellent, which has allowed us to detect error easrly and correct them quickly.
The accounting closing fucntions have helped me a lot in organizing my work. In addition, the reminders the software sends me have been essential for me, and I no longer forget some pending tasks.
The organized and precise work, in addition to the documents in the cloud, has helped us to consolidate the tasks of the financial closes as a team. The workflow is excellent, which has allowed us to detect error easrly and correct them quickly.
FloQast is an excellent tool for monthly analysis
What do you like best about the product?
What I like most about FloQast is that it helps e with my accounting and finance team because it keeps the organized during the month-end and quarter-end close processes.
The customer service is excellent; it always responds quickly. When I've had issues, I've resolved them with the company of consultants of FloQast.
The customer service is excellent; it always responds quickly. When I've had issues, I've resolved them with the company of consultants of FloQast.
What do you dislike about the product?
There aren't many bad things to say about FloQast; it's an excellent software. However, I wish there was an option to be able to place hyperlinks in PDF files so that I could use those files as an alternative to Excel.
What problems is the product solving and how is that benefiting you?
The implementation process is quick and easy. I can get it up and running on the basics and then begin to complete all the finer details of the closing processes.
It has allowed me to have everything related to the closing process in one place.
It has allowed me to have everything related to the closing process in one place.
Floqast keeps things organized!
What do you like best about the product?
FloQast is so user-friendly and customizable. I have used it across 2 different organizations, 1 that was well-established and 1 that is starting out. In both cases it was a value-add and I would recommend any teams who are doing a month-end close to utilize the software. It's so easy for the entire team to know what it is going on during month-end at all times which is especially helpful in a remote working environment.
What do you dislike about the product?
I haven't encountered any downsides of using FloQast. There are a ton of features that we haven't yet explored..
What problems is the product solving and how is that benefiting you?
FloQast helps keep our team organized. We are a start-up finance team with new members that are learning processes; FloQast acted as a one-stop shop for us to refer to during our month-end and regularly monthly tasks.
A good software for all month-end activities
What do you like best about the product?
Although it is designed for month-end or year-end closing, it helps the accounting and finance departments to maintain order. Having a single software that does everything related to this type of task is perfect.
The task list is excellent for monitoring progress in accounting and finance. This way, closes are more bearable because all the work before them is done.
Closes are done with simple clicks to make the process easy, provided the whole picture is ready for it.
The interface is very well designed because it is user-friendly and intuitive.
The task list is excellent for monitoring progress in accounting and finance. This way, closes are more bearable because all the work before them is done.
Closes are done with simple clicks to make the process easy, provided the whole picture is ready for it.
The interface is very well designed because it is user-friendly and intuitive.
What do you dislike about the product?
The to-do list is a good idea, but FloQast doesn't mark a list as complete until the period folder is locked. So, I would make this chance to keep better track.
Also, it is cumbersome to access old information because it does not allow changes to the folder if the period corresponding to the lock is over and the folder is not locked. So, it is a bit of a strange and unnecessary system.
Also, it is cumbersome to access old information because it does not allow changes to the folder if the period corresponding to the lock is over and the folder is not locked. So, it is a bit of a strange and unnecessary system.
What problems is the product solving and how is that benefiting you?
We use FloQast to know at all times the status of the accounting and financials of the other departments. All the workers involved in making the reports of income and expense allocations. Having all the information centralized is helpful for not having to compile it when it is time to close the accounts.
Of course, it is also our default software for closes, especially when everything is in order and only a few clicks are needed.
Of course, it is also our default software for closes, especially when everything is in order and only a few clicks are needed.
I have never used a system that places it all in one place. It's awesome!
What do you like best about the product?
The way it notifies me when a Reconciliation is out of balance.
What do you dislike about the product?
I wish it also allowed us to reconcile expense accounts (like payroll).
What problems is the product solving and how is that benefiting you?
It allows the close to be very transparent at all stages of the month. Without it, you have to email and find out where everyone is.
Floqast review
What do you like best about the product?
Floqast allows insight into the close. It can provide status checks throughout the month on where different team members are, which has been very helpful for our remote team distributed across different time zones.
What do you dislike about the product?
While I really like the product, I do feel there is a learning curve. This is not a negative, but just highlighting that you need to invest some time into navigating the product and understanding the information flow to get the most out of the product.
What problems is the product solving and how is that benefiting you?
Floqast is providing insight into the close, which can help optimize time to close, or identify bottlenecks in the process. The tool also offers flux analysis which allows you to document month over month changes, in real time.
Floast is the master key for a smoot closes
What do you like best about the product?
FloQast is the best tool we have used to improve efficiency as the closes date approaches. It is very simple, but it does its job perfectly.
I like that all the tools are used to perform financial closes and similar tasks only because it doesn't distract the department's attention from other tasks.
Also, the dashboard with notifications is nice for tracking and real-time updates.
I like that all the tools are used to perform financial closes and similar tasks only because it doesn't distract the department's attention from other tasks.
Also, the dashboard with notifications is nice for tracking and real-time updates.
What do you dislike about the product?
The program has no design issues, but from time to time, it is somewhat slow to update. I feel this can be easily resolved because it doesn't always happen. This would make the work even faster, though it's still not a problem.
What problems is the product solving and how is that benefiting you?
As a workgroup manager, I have to help from time to time at closing time by providing detailed information. I do it via the platform because it is much easier.
However, the most common use I make of it is to monitor month-end close profess, as notifications are often insufficient for staff to start tasks on time. As a result, the process is smooth and beautiful. In addition, errors are minimal, so the close almost every time is completed smoothly.
However, the most common use I make of it is to monitor month-end close profess, as notifications are often insufficient for staff to start tasks on time. As a result, the process is smooth and beautiful. In addition, errors are minimal, so the close almost every time is completed smoothly.
The ultimate simplifiction of closing processes
What do you like best about the product?
What I like most about FloQast is its ability to track activities related to month-end closings and year-end closings. It's not my primary function, but knowing the details helps me catch any irregularities early. On the other hand, the reminders are perfect, so I don't have to make individual wake-up calls to keep everyone on top of the to-do list.
The tool has an enjoyable user experience.
The tool has an enjoyable user experience.
What do you dislike about the product?
The program is a bit slow to update, but we've never had any real sync issues. It is just a little inconvenience.
Backups are always on time and accurate. I like this FloQast, generally.
Backups are always on time and accurate. I like this FloQast, generally.
What problems is the product solving and how is that benefiting you?
Month-end closings were a problem because we have clients whose projects require the intervention of several departments. Each month, it was difficult to collect all the data and manually do the summations and check for errors until the accounts match.
FloQast now performs most of these processes automatically, allowing department heads and area employees to see the progress of the closing processes.
The time spent on this task has been greatly reduced, and my staff is much less stressed from having to do very little accounting-related work.
FloQast now performs most of these processes automatically, allowing department heads and area employees to see the progress of the closing processes.
The time spent on this task has been greatly reduced, and my staff is much less stressed from having to do very little accounting-related work.
Excellent software to manage B/S recons and M/E close
What do you like best about the product?
* We had Floqast add the "Reconciling Items" field to the B/S Recon screen to see at a glance what issues are open in the Balance Sheet.
* Quick Filters in the B/S Recon screen make it easy to move between views
* Internal auditors can depend on the Checklist and B/S Reconciliations for SOX
* Quick Filters in the B/S Recon screen make it easy to move between views
* Internal auditors can depend on the Checklist and B/S Reconciliations for SOX
What do you dislike about the product?
Floqast has a great opportunity to train or reinforce with their new (and existing) users what a B/S recon is.
Most companies I've worked at used data dumps.
Force users to describe each account and add instructions for reconciliation.
Most companies I've worked at used data dumps.
Force users to describe each account and add instructions for reconciliation.
What problems is the product solving and how is that benefiting you?
Floqast helps with SOX, month-end organization, and reduces the impact of employee turnover.
Recommendations to others considering the product:
Make sure your team has enough time and direction to implement Floqast.
Floqast has Drastically Improved our Close Process
What do you like best about the product?
Floqast has drastically improved the visibility of the close process for our 14-person accounting team. We love being able to see our close progress in real-time using the analytics feature in Floqast.
What do you dislike about the product?
Honestly, not much, it has been an improvement to our process! Sometimes the documents on the cloud can be a little finicky, in that the updates made when opened to desktop might not flow through to the browser version right away. This has not been a frequent issue and the updates eventually make their way through.
What problems is the product solving and how is that benefiting you?
Again, it is improving the visibility of the close across team members, and also automating many close features. Reviewers can automatically see when a preparer has signed off on a JE or reconciliation document, which is very helpful. The team is also using the variance analysis feature to complete monthly budget to actual variance analysis, which has been an upgrade to doing it in Excel.
showing 931 - 940