FloQast
FloQastReviews from AWS customer
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Making the accountants life easy!
What do you like best about the product?
Checklist and Recons are the best features - gives real time status of close process. Plus the frequent upgrades to the tool with cool features show this is not the best yet
What do you dislike about the product?
Roll over of the checklist from one period to the other can be a bit tedious. Filtering options are a bit limited - i want to be able to filter multiple entities or multiple accounts
What problems is the product solving and how is that benefiting you?
Providing real time status of close, finding areas to shorten close
Simple and user friendly software for a Quick close.
What do you like best about the product?
As an administrator, I like how easy it is to make changes to recs, checklist and users.
What do you dislike about the product?
I wish it had an option to pull in more data, or have a drill down feature to see subsidiary and vendor information.
What problems is the product solving and how is that benefiting you?
Organized and efficient close process. Having a real-time watch on the status keeps the process moving smoothly.
Floqast Review
What do you like best about the product?
Floqast non solum miras notas pro computis habet, sed etiam eximium servitium. Ut familia tractamur et quaestiones nostrae semper responsa immediata habent. Maxime autem, auditores nostri hoc quoque amant et recensiones nostras multo facilius faciunt. Super usor amicus et certus.
What do you dislike about the product?
Refreshing credentials, would like to see some more reports, only pulling in current month activity than balance.
What problems is the product solving and how is that benefiting you?
Audits, monthly/quarterly closes. Assist our team with their responsibilities and review. Communication is best using FloQast.
Love FloQast
What do you like best about the product?
They are very responsive and take any and all feedback into consideration and most of the time will implement those changes.
What do you dislike about the product?
Would like a source column in the checklist to show what third parties are possibly holding up certain close items.
What problems is the product solving and how is that benefiting you?
Ensure we are completing recs for all BS accounts, much easier to track where we state in the close process at a given time. The matching tools has saved us many hours of work.
Recommendations to others considering the product:
FloQast has the best customer service hands down. They are constantly making improvements, listening to feedback and adding new features.
FloQast has improved our month end close immensely
What do you like best about the product?
Easy to track the progress of our close and keep everyone on task
What do you dislike about the product?
Can be a little manual to update for new accounts
What problems is the product solving and how is that benefiting you?
Close is much more organized. Can schedule out everyone's time. Keeps people organized and drastically reduces errors.
Amazing software for closing the books with confidence!
What do you like best about the product?
I love how much more organized our accounting documentation is, as well as how much more visibility we have into our month-end close process. I know that our trial balance will always tie out to reviewed reconciliation schedules, which in turn allows me to hand over the financials with confidence. Also, the implementation process was a breeze and only required a couple of hours of my time (much easier than I thought it would be).
What do you dislike about the product?
Having to manually upload the trial balance as of right now, but I've been promised that this is something that can be automated.
What problems is the product solving and how is that benefiting you?
We previously did not have a review process, so FloQast has made this transition seamless. Instead of having to constantly open an Excel checklist to see where we were in the close, with FloQast we can easily see exactly what's pending. The biggest benefits are increased organization, efficiency, and visibility.
Recommendations to others considering the product:
Go for it, you will be happy with how user-friendly it is and how much better it will make your accounting department.
Best product for workflow management
What do you like best about the product?
This product is the best I've used to manage workflow in accounting environment. Before FloQast, everyone on my team keeps an excel spreadsheet of their month-end close tasks, which is difficult to manage and with no viability. With FloQast, it keeps the team accountable for their respective tasks every month and makes it easier to track where we are in the close process. The reconciliation function is amazing, because of it, the monthly reconciliation is no longer a nightmare for my team.
What do you dislike about the product?
I wish the review note can be visible when I hover the cursor over the difference, instead of having to click into the note column on the far right.
What problems is the product solving and how is that benefiting you?
Monthly account reconciliation used to be a nightmare for my team, with Floqast, we are now completing the reconciliation in a timely manner.
Cannot have a seamless month end close without it!!
What do you like best about the product?
Floqast helps us organize our tasks/reconciliations, stay on task and meet our month end deadlines with ease. Upper management is able to easily look at the dashboard and see what the close status is of the entire team at any given point during the close. After month end, it helps us to easily reconcile our reconciliations to the GL.
What do you dislike about the product?
There is not really much to dislike about Floqast.
What problems is the product solving and how is that benefiting you?
No business problems. It helps us stay on task and deliver financials in a 2 day close deadline.
Recommendations to others considering the product:
Affordable product that delivers a great way to streamline your month end close.
Refer Floquast to a friend
What do you like best about the product?
Floquast is pivotal in keeping me current with my workload and status. It makes working through a monthly close less stressful, and aids in keeping me on track and on top of my tasks.
What do you dislike about the product?
I wouldn't say I dislike anything, but I would like to see a function in Floquast where I could check off Journal entries as they've been posted into our financial reporting software.
What problems is the product solving and how is that benefiting you?
Since implementing Floquast, we have been able to work through the close as a unified team. We are better able to communicate one-off issues as they relate to the journal entries we prepare, and we have shaved time off our overall close schedule. Floquast allows our team to plan our work effectively, and to find gaps in our process where we can improve efficiency.
Recommendations to others considering the product:
This product is the best I've used as far as managing workflow in an accounting environment. It is easy to use, and works as a documentation tool for any issues that arise during a close. This product is a major stress reliever, as one is not required to keep track of their assigned tasks either manually or by relying on memory. Having the ability to check off your tasks one by one makes for an enjoyable close!
Easy to use and very informative!
What do you like best about the product?
I like that everything regarding our close schedule can be tailored to the individual person/department and at-a-glance, it's easy to know where we are in the close process. It has made it so that I have less questions about the status of close items, can pull posted files and reconciliations from one place, and overall made it easier to complete the close since not everyone in our company is in the same physical location. It's also very nice to have the ability to post notes on items that will be late, or need more explanation, and not have to inform everyone via email or in person. They can just open FloQast and read the notes I, or others, have left.
What do you dislike about the product?
I wish that there was an easier way to use one-drive in order to update the files that I maintain for our close process. Since the files are stored in a centralized shared folder (not owned by me), the one-drive folder on my computer does not automatically update those files.
What problems is the product solving and how is that benefiting you?
We are not all located in the same physical location, so it has made it easier to be able to track where we are in the close process. Personally, I think that it's great to be able to see exactly where we are, and any support for our processes or for monthly data can be easily, and historically, found in one centralized location.
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