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FloQast

FloQast | 1

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External reviews

1,201 reviews
from G2

External reviews are not included in the AWS star rating for the product.


    Stephanie T.

Incredibly helpful!

  • March 16, 2021
  • Review verified by G2

What do you like best about the product?
I like the Reconciliation and Checklist functions the best, which is essentially the entire platform, so overall, this system works great and is incredibly helpful for our month-end processes. Their support team is excellent in responding to questions and concerns, and for once, a company actually has a useful "FAQ" section.
What do you dislike about the product?
Nothing, I would seriously recommend this to any accounting team. Maybe the only thing that bugs me is the speediness of the Refresh button, but that's very minor in the grand scheme of things. Plus, they have been very responsive in any suggestions or critiques we have of small feature improvements, and many of them have already been fixed in the few months our team has been using this software.
What problems is the product solving and how is that benefiting you?
We've really cleaned up our books, quickened our close, and kept cleaner records now that we have an easy way to roll documents along from month to month. We used to use a shared Excel checklist to keep our organization streamlined during the month-end close process, and now we have this great and handy tool to check off in a much easier way. It used to take our boss an hour or more to get all of our end-balances in a list to start the Reconciliation process, and that's an hour of her time back that she now has due to the roll-forward features of FloQast.


    Ashish P.

FloQast has helped greatly get our business month-end process to off to a good start

  • March 12, 2021
  • Review verified by G2

What do you like best about the product?
I really like the AutoRec feature and how easily the application links your own papers to account balances
What do you dislike about the product?
The update from our ERP system to the application refreshes every 30 min, so if I make a journal entry in our system, I would have to wait a little while before seeing it on FloQast
What problems is the product solving and how is that benefiting you?
It's helping us establish a month-end close process and being able to keep track of account balances/activity each month.


    Consumer Goods

Excellent product to assist in refining your close process

  • March 11, 2021
  • Review verified by G2

What do you like best about the product?
There are many things to love about the software. What I appreciated the most was ease of setup and use. Makes it very easy to create buy-in with your teams to use the software.
What do you dislike about the product?
They should continue to improve their fluctuation analysis module. It is good, but basic.
What problems is the product solving and how is that benefiting you?
We have been able to successfully leverage FloQast to speed up our close process, document our controls, and bring greater insight of the financial reporting process to the organization as a whole.


    Katelyn A. B.

Easy to use, Highly Recommend

  • March 11, 2021
  • Review verified by G2

What do you like best about the product?
I love how easy to use it is. It is very simple AND helps streamline work. I love how I can easily keep tack of my open items. It really helps me stay on track with my daily priorities.
What do you dislike about the product?
I wish there was a way rollforward reconciliations easily even if someone has already put on in the folder
What problems is the product solving and how is that benefiting you?
FloQast has helped recons be completed more timely and signing off on tasks is much easier.
Recommendations to others considering the product:
The ease of use is a big one for me. Additionally, the support for FloQast is awesome. The FAQs gets almost every answer we need, and if we have any more questions - Edson and Shoshana are amazing. I cant speak highly enough of the great experience.


    Information Technology and Services

Simple But Powerful Month-End Close Platform

  • March 10, 2021
  • Review verified by G2

What do you like best about the product?
I like the onboarding process and how easy it was to implement and get started. The continued support from the team has been great as well.
What do you dislike about the product?
The customizations are currently limited. (i.e. we can use our logo in place of the floqast logo on the platform)
What problems is the product solving and how is that benefiting you?
We have been able to monitor better how long things are taking on the close and better tell where the entire stands during our close.
Recommendations to others considering the product:
It is a great product built by accountants or like-minded folks that gets the job done. If you're looking for a month-end close tool, I highly recommend you consider them.


    Kyle G.

FQ give you that peace of mind!

  • March 09, 2021
  • Review verified by G2

What do you like best about the product?
The email notifications you receive if a rec has changed after you've signed off on it. How it shows you the difference between your excel rec and the GL.
What do you dislike about the product?
Refreshing reconciliations can take some time and not work every time. Prepaid auto rec should have 'Class' column and the JE tab should be like Intacct's JE import so there would be no manually editing.
What problems is the product solving and how is that benefiting you?
Routine reconciliations are easier and require less maintenance due do FQ comparing our excel recs vs our GL. I think its saved us some time and reduced our closing by almost a full day!
Recommendations to others considering the product:
It can take a couple months to implement and get rolling but once you have everything setup it makes closing easier and holds people accountable for sign offs and fixing review notes.


    Education Management

FloQast

  • February 19, 2021
  • Review verified by G2

What do you like best about the product?
It was very easy to implement and is so easy to use.
What do you dislike about the product?
There isn't anything that I don't like. I am in it almost everyday and I rely on it so much to manage our month the close processes.
What problems is the product solving and how is that benefiting you?
It has really helped our team consolidate checklists and streamline our account reconciliation processes.


    Dany S.

Great Experience

  • January 06, 2021
  • Review verified by G2

What do you like best about the product?
I love the team (Debbie & Shoshana) - They have done a great job onboarding and training us.
The software has a lot of purposes, one of them is organizing everything for better and faster month end close.
What do you dislike about the product?
None! I have nothing to complain about!!
What problems is the product solving and how is that benefiting you?
I am able to analyze what needs to be improved in our process to close our books in a timely manner.


    Transportation/Trucking/Railroad

Major key for month-end close collaboration

  • December 28, 2020
  • Review verified by G2

What do you like best about the product?
FloQast is super easy to navigate and organize tasks across different teams and entities. Being able to "follow" a checklist task or reconciliation and know when it's complete is very valuable, especially if there are dependencies on getting the work done. From an Admin perspective, they've made significant upgrades on streamlining changes in bulk so it really helps as the company grows and makes updates.
What do you dislike about the product?
I would love to see a more robust calendar function that can maybe integrate with Google Calendar as a visual way to see what their workload looks like. From an admin perspective, I'd love to find an easy way to change deadlines in bulk (e.g: quarter end deadlines different from month end)
What problems is the product solving and how is that benefiting you?
Floqast helps us let our cross-functional stakeholders in other departments (FP&A, Reporting, Consolidations) know when things are completed or if work is falling behind. Using analytics, we can see which tasks and areas are of concern and can help us re-prioritize or shift resources to help areas that may be falling behind.


    Computer Software

Great Tool for Finance global team

  • December 01, 2020
  • Review verified by G2

What do you like best about the product?
It's very user friendly. Can be modified several ways
What do you dislike about the product?
The login is a bit tricky, but could be just the way our company has it setup
What problems is the product solving and how is that benefiting you?
Month-end close , Audit, CashFlow. Easy to track different tasks (your own, your team, other teams you depend on). All documentation is stored in one consolidated folder for easy retrieval