Overview
FloQast's Advanced Workflow Solutions focus on the most burdensome areas of Finance and Accounting to help organizations reduce the burden of manual, repetitive work. With FloQast, teams can capture and codify key business processes to minimize the risk of error and ensure Finance and Accounting maintains a high level of velocity, accuracy, and audit readiness. To achieve long-term gains in operational excellence, FloQast delivers on the promise of financial transformation via three key themes: Close, Connect, and Control.
FloQast Close: FloQast Close provides a single place for your team to manage month-end Close tasks, enhance accountability, improve accuracy, and collaborate effectively from anywhere. With integrated sign-offs, automated trial balance tie-outs, and alerts if balances change, your team can ensure reporting is accurate and complete the first time. Improve transparency and collaboration by letting your team instantly view the status of all tasks, see notes, and easily communicate from wherever they are working. FloQast customers report an average 26% reduction in Close time, giving your team time to focus on more strategic projects by improving team coordination and automating workflows.
FloQast Ops: FloQast Ops is a workflow manager that extends the power of FloQast Close, providing greater control over accounting operations and optimizing workflows across every function. Drive centralized visibility by leveraging a centralized Accounting Ops Dashboard to manage by exception, balance workloads, and reduce stress related to missed deadlines and business disruptions. FloQast Ops allows your team to collaborate on tasks and share information seamlessly with colleagues and stakeholders on a single platform.
FloQast Compliance Management: FloQast Compliance Management reduces financial compliance complexity by streamlining financial controls together with the Close for always-on audit-ready compliance. Reduce complexity by embedding continuous controls capture into critical business processes like the financial close for clear visibility into control ownership and execution. Push controls accountability where it belongs - with business process owners - while increasing visibility into testing status and control effectiveness. Reduce your audit burden with centralized audit evidence and testing, automating your PBC processes for better transparency, collaboration, and assurance.
For custom pricing, EULA, or a private contract, please contact aws-marketplace@floqast.com , for a private offer.
Highlights
- Time Savings: Reduce your close time almost immediately upon implementation. Improve efficiency and time to close continuously over time. FloQast clients see an average 26% reduction in time to close the books monthly and a 26% reduction in time required for the audit process.
- Workload Balance: Unify and align siloed workflows. Collaborate and communicate in context. Always operate on the same page. Delegate day-to-day tasks with confidence. Foster collaboration and accountability without micromanagement. FloQast clients see an average 28% reduction in effort required to close the books and a 44% improvement in task/workload management.
- Increased Accuracy: Drive high-precision operations with predictable cycle times and minimal audit risk. Automate tasks, checklists, and data gathering with orchestrated workflows and centralized documentation that aligns the team and eliminates errors. FloQast clients see an average of a 23% reduction in discrepancies found by auditors and a 38% increase in accuracy of close date.
Details
Pricing
Dimension | Description | Cost/12 months |
---|---|---|
FloQast Primary Platform | Manage the Financial Close and other record-to-report operations | $40,000.00 |
FloQast Pro Platform | Primary + Automate reconciliations and enhance business analysis | $75,000.00 |
FloQast Premier Platform | Pro + compliance management, risk assessment & automated audit testing | $100,000.00 |
FloQast Compliance Management | Compliance management, risk assessment, and automated audit testing | $60,000.00 |
Vendor refund policy
Refunds are not offered for this product. All fees are non-cancellable and non-refundable as set forth in the terms except as required by law.
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Delivery details
Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
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Support
Vendor support
FloQast supports clients in every step of their journey, partnering with customers to ensure they reach desired business outcomes from implementation and beyond. An overwhelming majority of frontline Customer Success employees are former accountants, ensuring our customers are positively impacted by true industry experts.
During implementation, customers experience a seamless, lightweight, and fast onboarding journey from the FloQast Professional Services team or our exclusive network of Partner Implementers. Customers also benefit from personalized Integration Support, ensuring all interconnected systems are configured accurately and securely.
After a successful launch, customers receive ongoing care from our Accounting Success Management team, whose focus is on understanding client-specific goals and equipping customers to adopt new and existing FloQast features to achieve those business outcomes.
If a customer runs into any technical hurdles, FloQast provides a dynamic and responsive technical support experience. We have certified Product Support Specialists across the globe, making it effortless for our customers to get the support they need, whenever they need it.
FloQast also equips clients with on-demand resources through FloQademy, an online learning portal designed to empower Finance and Accounting teams to onboard, engage, and expand their knowledge of product solutions. Courses are eligible for Continuing Professional Education (CPE) and Continuing Professional Development (CPD) credits, ensuring that FloQast is supporting customers both within the product and in their professional endeavors as we seek to elevate the accounting profession. Support email: support@floqast.com
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
Customer reviews
Love this product!
Adds Efficiency & Accuracy to Month End Close
Great platform to manage the end month closing
Streamlined and Efficient Close Process
Additionally, FloQast enhances collaboration within the team, ensuring everyone is aligned and accountable for their tasks. This transparency has minimized miscommunication and errors, leading to more accurate financial reporting.
The benefit of these improvements is twofold: we not only save time and reduce stress during the close, but we also gain greater confidence in our financial data, which supports better decision-making within the organization