FloQast is our assistant controller

What are the best aspects of this product?

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

What aspects are problematic or could work better?

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 specific problems in your company were solved by this product?

FloQast is the most efficient tool for solving classic accounting problems, month end checklists, for instance. All tasks are housed under one roof, meaning that you can prepare tasks and review old ones simultaneously. A single refresh on the website takes me to the exact task or employee whose progress I intend to monitor, while the calendar shows me how much time I have available. I need this because I am the teams' manager, and it is highly critical for me to know everything that is happening. Finally, we obtained a streamlined process and we reduced miscommunciation.

Are you a current user of this product?

Yes