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FloQast Review
What do you like best about the product?
Managment of all reconciliation and dashboard
What do you dislike about the product?
Emails Excessive reminders that we get on a daily basis
What problems is the product solving and how is that benefiting you?
Management of Reconciliation
Recommendations to others considering the product:
Most definatelly
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Fantastic Organizational Platform
What do you like best about the product?
Keeps our team organized & adds visibilty to the close process.
What do you dislike about the product?
No clear dislikes as of yet. Our team is still figuring out how to adopt other features offered by Floqast.
What problems is the product solving and how is that benefiting you?
Floqast is helping our team to stay organized and to ensure the completeness of our close through the checklist & reconciliation features.
Much improved visibility of progress with month end close and snags
What do you like best about the product?
Keeping recs and tasks all in one place, with the ability to summarise progress at any point and track review points and responses.
What do you dislike about the product?
The Completeness check for new nominal codes on the TBs is still more manual than I would expect it to be. It would be great if FloQast could check the new TBs for new nominal codes automatically, add a rec for them and notify an admin user that it needs to be assigned a preparer and reviewer.
What problems is the product solving and how is that benefiting you?
Timekeeping across a large finance team. It is also much easier to find reconciliations and prove that we have covered everything for month end.
Great product. Easy to use
What do you like best about the product?
Ease of use. and Integration with slack. I like that when the GL balances are off, we get an immediate message
What do you dislike about the product?
I would like to have a single sign on feature
What problems is the product solving and how is that benefiting you?
Better quality reconciliations. Audit readiness
A game changer
What do you like best about the product?
FQ has enahabced the visibilty and the workflow of my team
What do you dislike about the product?
The only think I dont like about FQ is the way the equity account is handled.
What problems is the product solving and how is that benefiting you?
We were able to meet our 5 business days close through assigining tasks to my team and have comlete visibility on what's left to be completed.
Recommendations to others considering the product:
Floqast is a very worthy reconciliation tool. Numbers appearing in the books are automatically updated on real time basis as a result chances of errors are very less. With floqast dependency on others get reduced as all reconciliation are at one place in the floqast tool. In fact we can set up a deadline for the reconciliation to be updated on floqast and pop-ups are received accordingly in the email so that timeline is never missed. Snapshot of completeness is also available for ease of checking.
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.
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.
Amazing experience with FQ!
What do you like best about the product?
The ease of use has been the best part about FQ.
What do you dislike about the product?
The comments section could be a little more user-friendly.
What problems is the product solving and how is that benefiting you?
Helping our team effectively close the books each month!
Simplifying and Automating the close process
What do you like best about the product?
I am new to the accounting profession and am still learning.
FQ makes it easy for everyone on our team to set deadlines and meet them without constant monitoring.
I also like FQ consistently distributes news and tutorial to users to help them to stay on top of changes, both in the field and out.
FQ makes it easy for everyone on our team to set deadlines and meet them without constant monitoring.
I also like FQ consistently distributes news and tutorial to users to help them to stay on top of changes, both in the field and out.
What do you dislike about the product?
I have not found anything to dislike at this moment.
What problems is the product solving and how is that benefiting you?
We are maintaining books for different entities/subsidiaries, and before FQ, I've heard my team had a few hiccups.
After we adapted FQ, we have not run into issues keeping track of closing the books across our different entities.
Working from home was not an issue due to FQ, we were able to communicate effectively and clearly.
After we adapted FQ, we have not run into issues keeping track of closing the books across our different entities.
Working from home was not an issue due to FQ, we were able to communicate effectively and clearly.
awesome closing tool
What do you like best about the product?
Flowqast gives me a very clear view of where we are during the closing, from both reviewer and preparer's perspective. It is super easy to track the progress of each account category and communicate to preparers when item is past due. Not to mention the integration with Slack is also a plus for easy communication and reminders. Floqast has helped us tremendously to shorten the closing period.
What do you dislike about the product?
I literally don't have anything that I dislike.
What problems is the product solving and how is that benefiting you?
Floqast has helped us tremendously to shorten the closing period.
Great close software that aids in organization and timeliness
What do you like best about the product?
The interface - it is very easy to use and makes audit work so much easier.
What do you dislike about the product?
The flux analysis has yet to prove more useful than what we have been using in the past.
What problems is the product solving and how is that benefiting you?
Close timeline acceleration
Simplified month-end close process
What do you like best about the product?
I love the ease of the program. Easily assign tasks and reviewers to each item as needed. FloQast is a great way to document journal entry numbers from Netsuite, provide links, and backup as needed.
What do you dislike about the product?
I haven't found anything I don't like about the program.
What problems is the product solving and how is that benefiting you?
Our accounting close process is much more organized and centralized for the entire Finance department. Documentation, links, backup, and close dates are much more accessiable than when we used Google sheets. We have the entire close history at our fingertips which has allieviated the extra work and time looking for past information. Benefits include: better organization, documenatation, clearly define entries and reviewers.
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