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FloQast Review

FloQast
Our score: 7.6 User satisfaction: 100%

What is FloQast?

FloQast is a closing software designed by professional accounts to help businesses close their books in the fastest and most accurate way. This platform is built with a number of essential and advanced features and tools needed to close books, such as tracking, organizing, and automating processes related to month-end. With FloQast, major procedures such as trial balance reconciliations as well as team members, documents, review notes, and audit suppot are streamlined.

Overview of FloQast Benefits

  • Upgrade Your Close Checklist
  • Organize Audit Support
  • Automate Account Reconciliations
  • Shorten Your Close Time
  • Improve Audit and SOX Compliance

Overview of FloQast Features

  • Collaboration Tools
  • Real-Time Figures
  • Intuitive Dashboards
  • Automatic Documentation Of Processes
  • Customizable Processes
  • Automated And Audit-Ready System

FloQast Position In Our Categories

Bearing in mind companies have distinctive business needs, it is only sensible they steer clear of settling on an all-in-one, ”best” software. Having said that, it is difficult to try to chance on such an app even among recognizable software products.
The practicable thing to do would be to narrow down the different vital aspects which demand examination including essential features, price terms, skill ability of staff, organizational size, etc. Next, you must double down on the product research comprehensively. Browse over these FloQast analyses and scrutinize each of the software options in your list in detail. Such comprehensive research ensures you steer clear of unfit applications and buy the system which delivers all the aspects you require company requires.

Position of FloQast in our main categories:

TOP 500

FloQast is one of the top 500 Accounting Software products

If you are interested in FloQast it may also be beneficial to check out other subcategories of Accounting Software collected in our database of SaaS software reviews.

Since each enterprise has particular business requirements, it is advisable for them to desist from seeking a one-size-fits-all perfect software application. Needless to say, it would be futile to try to find such an app even among popular software platforms. The smart thing to do would be to catalog the various vital elements that need consideration such as main features, finances, skill levels of workers, company size etc. Then, you should do your research thoroughly. Read some FloQast Accounting Software reviews and investigate each of the other solutions in your shortlist in detail. Such in-depth research can ensure you discard ill-fitting systems and select the system that presents all the aspects you require for business success.

How Much Does FloQast Cost?

FloQast Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Pricing is available by quote only. Contact FloQast directly for detailed pricing information.

User Satisfaction

Positive Social Media Mentions 11
Negative Social Media Mentions 0

We realize that when you make a decision to buy Accounting Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and FloQast reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with FloQast. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Video

Technical details

Devices Supported

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Small Business
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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FloQast Comparisons

FloQast user reviews

The lifesaver of our accounting department

Read full review >
Sabrina
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 07.10.2018 Company Size: More than 100 Employees Industry: Information Services

We are closing our books more efficiently

Read full review >
Fannie
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 30.08.2018 Company Size: More than 100 Employees Industry: Wireless

First -class product from a first-class company

Read full review >
Rodney
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 23.08.2018 Company Size: 11-50 Employees Industry: Financial Services

FloQast is our assistant controller

Read full review >
Wendy
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 08.03.2018 Company Size: More than 100 Employees Industry: Internet

This amazing product improved the efficiency and effectveness of our month end close

Read full review >
Caroline
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 21.02.2018 Company Size: More than 100 Employees Industry: Information Technology

What are FloQast pricing details?

FloQast Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Pricing is available by quote only. Contact FloQast directly for detailed pricing information.

What integrations are available for FloQast?

  • Intacct
  • Google Apps
  • Bitium
  • NetSuite

FloQast average rating:

Average score
5/5 (8 user reviews)
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Write your own review of this product

ADD A REVIEW

The most favorable review

Caroline

PROS: Our month end close process is really improved. I think the ones that appreciate it the most are our accountants, because the process is completely in their hands, and they always make sure that all employees are well-informed on their tasks, deadlines, and responsiblities. Reconciliations are housed under a single roof, meaning that they are always accomplished on time. Overall, an easy and innovative product that helps our company's growth.

CONS: GL accounts are being included in the FQ through the ERP system, meaning that a lot of useless verfication is involved. It would be much easier if we could sign off as preparers or reviewers of reconciliations.

Reviewed 2 years ago

Read full review >

The least favorable review

Bertha

PROS: Generally speaking, FloQast is an amazing product! It is the best bet of one company to follow progress closely, and to make sure employees are doing a quality job on time. It is very easy and intuitive, it tracks day-to-day tasks and recurs monthly tasks, and keeps management organized because everyone knows what he/she should do. Account balances are immediately fed upon updating (unlike the usual 24 h), while reconciliation balances are effortlessly tied to GL balances. It is perfect for startups that need organzied management.

CONS: I think there is a lot that needs to be done, but that's not such a problem because their support team is really responsive and open for suggestions. The moments I would like to see in future are: locking periods dows (would be a great incentive for public institutions to use it), giving non admins permission to add non-recurring tasks (JEs that need to be sign-off for reviewing), having real-time info on completed tasks upon completition (this way youhave to refresh the page inroder to see them), being able to customize even alerts and notifications, and finally there should be a multi-level approval procedure depending on JE's materiality.

Reviewed 2 years ago

Read full review >

More reviews from 8 actual users:

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Latest
  • Latest
  • Most useful
  • Most positive
  • Most negative

The lifesaver of our accounting department

Read full review >
Sabrina
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 07.10.2018 Company Size: More than 100 Employees Industry: Information Services

PROS: We are an F&A team providing services for multiple companies. Even if we're working with so many companies at once, we manage to perform a 5 day close, and it is all because we have Floqast to do end close tracking and TB to Subledger tie out. We spend signinficantly less time, being aware of where we stand in the process all along. That's how our team meets deadlines with such efficiency.

CONS: All the changes we thought were necessary were either executed by the Floqast team, or included on their list of future rollouts. We are absolutely satisfied.

What do you think about this review? Great Poor

We are closing our books more efficiently

Read full review >
Fannie
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 30.08.2018 Company Size: More than 100 Employees Industry: Wireless

PROS: Floqast reconciliated our ERP (SAP Business By Design) and Excel soft-copies with incredible efficiency, and there was automatically more time for us to perform qualitative review of financial statements. Needless to say, we've mastered tackling reconciliation differences detected via tie processes and manual ticks. Now, we have a single location from where support schedules and document comments and reviews. There is no need of hard-copy reconciliation binders for our auditors, because review and sign-off evidence is directly accessible via FloQast.

CONS: Unlike real-time closure, the program doesn't close periods permanently, and it leaves them open for changes.

What do you think about this review? Great Poor

First -class product from a first-class company

Read full review >
Rodney
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 23.08.2018 Company Size: 11-50 Employees Industry: Financial Services

PROS: If I could rank it higher tha 10, I would do it-FloQast has been indispensible ever since we started using it! It makes close processes transparent, and increases productivity and functionality within our Accounting team. There is a great support team to thanks for patient explanations and solutions, and creative innovations all the time. It helped us to take close checklists out of Excel, but that's just a small part of its capacity. It is our main productivity tool, and our most reliable task manager!

CONS: It would be awesome if we could perform GL reconciliations within the tool. I think that would be the biggest FloQast improvement ever!

What do you think about this review? Great Poor

FloQast is our assistant controller

Read full review >
Wendy
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 08.03.2018 Company Size: More than 100 Employees Industry: Internet

PROS: I was impressed by the reconciliation refresh tool that provides immediate access to GL balances from NetSuite and Box.com

CONS: An ideal improvement would be a Lock feature, meaning that once an item is signed and confirmed, it can no longer be modified unless the admin considers it necessary. I think that would help us to track and report audit logs (what I have in mind is SOX compliance). I would also appreciate textual notifications when a closed recon balance is changed.

What do you think about this review? Great Poor

This amazing product improved the efficiency and effectveness of our month end close

Read full review >
Caroline
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 21.02.2018 Company Size: More than 100 Employees Industry: Information Technology

PROS: Our month end close process is really improved. I think the ones that appreciate it the most are our accountants, because the process is completely in their hands, and they always make sure that all employees are well-informed on their tasks, deadlines, and responsiblities. Reconciliations are housed under a single roof, meaning that they are always accomplished on time. Overall, an easy and innovative product that helps our company's growth.

CONS: GL accounts are being included in the FQ through the ERP system, meaning that a lot of useless verfication is involved. It would be much easier if we could sign off as preparers or reviewers of reconciliations.

What do you think about this review? Great Poor

Didn’t expect nothing less from this company

Read full review >
Gertrude
5/5

Overall Impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 15.02.2018 Company Size: More than 100 Employees Industry: Computer and Network Services

PROS: Inutitiveness, first of all. Feels like a business's second nature, just like something we've always done. It is tailored the way we would like it to be, and provides unshakable balance between functionality and usability.

CONS: There is really nothing I can think of. FloQast is flawless ever since we bought it, and it has a reliable support team to count on.

What do you think about this review? Great Poor

Much better for the private sector than the public one

Read full review >
Bertha
4/5

Overall Impression

4/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 04.01.2018 Company Size: More than 100 Employees Industry: Human Resources

PROS: Generally speaking, FloQast is an amazing product! It is the best bet of one company to follow progress closely, and to make sure employees are doing a quality job on time. It is very easy and intuitive, it tracks day-to-day tasks and recurs monthly tasks, and keeps management organized because everyone knows what he/she should do. Account balances are immediately fed upon updating (unlike the usual 24 h), while reconciliation balances are effortlessly tied to GL balances. It is perfect for startups that need organzied management.

CONS: I think there is a lot that needs to be done, but that's not such a problem because their support team is really responsive and open for suggestions. The moments I would like to see in future are: locking periods dows (would be a great incentive for public institutions to use it), giving non admins permission to add non-recurring tasks (JEs that need to be sign-off for reviewing), having real-time info on completed tasks upon completition (this way youhave to refresh the page inroder to see them), being able to customize even alerts and notifications, and finally there should be a multi-level approval procedure depending on JE's materiality.

What do you think about this review? Great Poor

FloQast-The secret of staying organized

Read full review >
Alfredo
4/5

Overall Impression

4/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 21.12.2017 Company Size: More than 100 Employees Industry: Human Resources

PROS: I enjoy having the close standing in one place, and to know exactly what has been done and what hasn't. The information is accessible to every team member, which is how we manage to save so much time. As a manager, I know how difficult reviewing can get, and that's why I appreciate this software so much.

CONS: I'm missing on some critical features, at least such that could improve controllership for upper managers as myself. I wish I had more space to personalize a product according to our needs, or at least to know more details on tasks' deadlines.

What do you think about this review? Great Poor
Reviewed By Louie Andre
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