FloQast

Financial Close, Accounting, Audit
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paid★★★★★★★★★☆9

TL;DR

FloQast is cloud-based financial close management software that automates reconciliations, close checklists, and workflow visibility for accounting teams.

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Key Facts

VendorFloQast
Best fit
SMBMid-MarketEnterprise

Pricing

Free TierFree TrialSaaS

Details

What is FloQast?

FloQast was built by accountants for accounting teams, which shows up in its practical focus on month-end close tasks: reconciliations, evidence collection, checklist tracking, and approval workflows. It fits well between spreadsheets and heavyweight enterprise suites. Its best customers are teams that want close automation without replacing their existing ERP or accounting system.

Key Features

  • *Close management** — Track close progress with assigned tasks and deadlines
  • *Reconciliation** — Automated matching, supporting-document attachment, and review
  • *Status dashboards** — Real-time visibility into bottlenecks and exceptions
  • *ERP integrations** — Connect to NetSuite, QuickBooks, Sage, and other systems
  • *Audit trail** — Preserve evidence and approvals for auditors
  • *Reminders and confirmations** — Reduce back-and-forth during close

Who is it for?

  • Accounting and finance close teams
  • Mid-market companies on common ERPs
  • Controllers looking to replace spreadsheets

Who is it NOT for?

  • Teams seeking full FP&A or consolidation software in one tool
  • Very small businesses with minimal close complexity
  • Organizations without ERP adoption or integration support

The Bottom Line

FloQast is a smart close-management upgrade for spreadsheet-heavy accounting teams. Just keep realistic expectations about reporting and broader finance analytics.

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