Is FloQast right for your business?

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best for

  • Accounting
  • Best For Most Business Sizes
  • Supports Cloud Based Platforms

what reviewers say

  • Great value for money
  • Great ease of use
  • Great functionality
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Frontrunner 2018

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What is FloQast?

FloQast is a cloud-based performance management platform. It allows users to manage HR, payroll and ERP solutions. FloQast’s key features include close process organization, collaboration and manual process automation. Its manual process automation allows users to eliminate manual ticking and tying with automated TB tie-outs and manages flux analysis. The platform also allows users to roll forward checklists, reconciliations and supporting documents. FloQast integrates with MS Excel, Oracle NetSuite, Box, Dropbox, Google, Sage Intacct, SAP, Microsoft, Workday and other accounting systems via standard FTP integrations. Its Excel integrations provide automation of TB tie-out process for workbooks. Pricing of FloQast is based on monthly subscription and it c... read more

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Analytics
Analytics
Reconciliations
Reconciliations
Checklist
Checklist
Accounts payable
Accounts payable
Review notes
Review notes
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User Review Highlights

4.81

42 Reviews

5
34
4
8
3
0
2
0
1
0
4.5

Ease-of-use

out of 5
5

Customer Support

out of 5
4.5

Value for money

out of 5
4.5

Functionality

out of 5
  • icon"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."
  • icon"It's also great that this software saves copies of all your files on their Box site."
  • icon"It created a great structure for making sure everything was done and out staff love the satisfaction of checking off their tasks."
  • icon"Decreases the communication with the team members which is a good thing but can become bad if you don't keep contact and you seem disconnected with the team."
  • icon"Dashboard view is limited at the summary level. Cannot filter notes by who I have assigned them to."
  • icon"I've had a lot of syncing issues, which can be very frustrating when the software isn't recognizing files or files don't show up."

Read user reviews

Which features does FloQast offer?

Core features:

Ad hoc ReportingAudit TrailBank ReconciliationBudgeting/ForecastingConsolidation/Roll-UpDashboardDocument ManagementDue Date TrackingFinancial ReportingGeneral LedgerShow more features +

People who reviewed this software give it a 4.5 star rating for functionality.

How easy is FloQast to use and deploy?

FloQast supports Cloud Based deployment options, including: Cloud, SaaS, Web-based.

People who reviewed this software give it a 4.5 star rating for ease-of-use.

What do verified users say about FloQast

4.81/5 out of 42 Reviews

Showing 1 - 5 of 42 reviews

Katherine

Verified reviewer

Company size: 501-1,000 employees

Industry: Hospital & Health Care

Time used: Less than 12 months

Review Source: Capterra

5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

March 2019

The product is so simple but so powerful

Pros

We have been working with #FloQast for about 6 months now and this is one of the best investments we have made. The Implementation process was so quick and easy. You can get it up and running with the basics and then begin filling out all the fine details of the close process. We were in a difficult process of implementing a new accounting software system in our organization when we became aware of #FloQast. I don't think we would been able to catch up and get back on track with our monthly close process so quickly without #FloQast. It created a great structure for making sure everything was done and out staff love the satisfaction of checking off their tasks.

Cons

Still looking for any significant deficiencies.

Stefan

Company size: 51-200 employees

Industry: Consumer Goods

Time used: Less than 6 months

Review Source: Capterra

This review was submitted organically. No incentive was offered
5

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

March 2021

Excellent product to assist in refining your close process

Pros

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.

Cons

They should continue to improve their fluctuation analysis module. It is good, but basic.

Reasons for choosing FloQast

We chose Floqast for their ease of setup, cost, and simplified functionality. Made it the perfect fit for a small to mid-size company.

Anonymous

Company size: 1,001-5,000 employees

Time used: Less than 12 months

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
5

Ease-of-use

out of 5
4

Value for money

out of 5
5

Customer support

out of 5
4

Functionality

out of 5

November 2017

Floqast allowed us to efficiently implement a month end close process making review easier

Better insight into our month end close for timeliness and accuracy.

Pros

The pros are ease of use and modification. The website is intuitive to use and has good visuals. The ability to link to our existing process allowed for easy implementation and instruction to our staff. The customer support has also been great with short response times for almost any issue. The FQ team have regularly reached out regarding additional items that could be added to the platform as well.

Cons

One of the cons we have run into is our use of OneDrive but some of our connectivity issues are not attributed to Floqast specifically. The biggest downside for our use of the system has been the inability to separate reviewer and preparer from having something due. If the preparer has not completed the task it is still shown as open for the reviewer. This also affects analytics as a reviewer can't control the timeliness of the preparer in some cases.

Janet

Company size: 201-500 employees

Industry: Computer Software

Time used: Less than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered
5

Ease-of-use

out of 5
4

Value for money

out of 5
5

Customer support

out of 5
5

Functionality

out of 5

December 2021

First time user of the software

Pros

Ease of use. Great resource during a close because at other places (heavily dependent on an calendar in Excel), it can be difficult to assess what parts of the close are complete without constant follow-up. Sometimes messages can missed or mis-understood. Floqast eliminates the confusion.

Cons

Enhancements to Floqast Reminders (ie dates to be set whenever and however often)

User Profile

Chris

Verified reviewer

Company size: 501-1,000 employees

Industry: Computer & Network Security

Time used: More than 2 years

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
4

Ease-of-use

out of 5
5

Value for money

out of 5
5

Customer support

out of 5
4

Functionality

out of 5

October 2017

FloQast gives me outstanding visibility regarding the close status and account reconciliations

Strong visibility and comfort regrading the status of the accounting close.

Pros

I like the reconciliation function that allows me to see the account reconciliation status and whether the recons have been reviewed and approved. The reconciliation tool integrates with NetSuite to identify unreconciled accounts and whether all the recons have been prepared, using a completeness check.

Cons

I find adding new subsidiaries, which includes a new checklist items, setting up recons and ensuring that storage provider is accurately set-up a challenge at times.

Showing 1 - 5 of 42 reviews

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