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What is FloQast?
FloQast is an AI-powered accounting transformation platform designed to streamline and automate the financial close process. Built by CPAs for accountants, it addresses the challenges of manual reconciliation, lengthy close cycles, and audit inefficiencies. The platform leverages artificial intelligence to optimize workflows, automate repetitive tasks, and enhance collaboration across accounting teams. Core capabilities include close management, automated reconciliations, compliance connectivity, and integrated report-to-report functionality. FloQast serves over 3,500 global companies, including SoundCloud and Gong, and is trusted for its ability to reduce close time by 20%, reconciliation time by 38%, and audit process time by 23%. It fits seamlessly into the workflows of accounting departments, finance teams, and auditors seeking to improve accuracy, efficiency, and strategic decision-making. The platform also offers a certification program for accountants to become FloQast Certified Accountants (FCA).
AI Tool Review Summary
4.5/5
High, consistent, and on-brand
Clean and intuitive, designed for accountants
To automate and optimize the financial close process for accounting teams.
Integrates with major ERP systems and accounting software via a library of integrations.
Subscription-based with custom pricing for teams
Features
Features with the highest value for users are highlighted here.
AI-powered close automation
Reconciliation management
Audit workflow optimization
Compliance and risk mitigation
Report-to-report integration
Real-time collaboration tools
Integration with existing tech stacks
ISO 42001 certified AI governance
How It Works
Connect your systems
Integrate FloQast with your ERP and accounting software via pre-built connectors.
Configure close workflows
Set up automated checklists, task assignments, and approval flows.
Automate reconciliations
Use AI to match transactions and flag exceptions for review.
Monitor and report
Track close progress in real-time and generate audit-ready reports.
Who Is It For?
Accounting teams
Finance leaders
Auditors
Controllers
CFOs
Public companies
High-growth startups
Global enterprises
Accounting firms
Non-profit organizations
Pricing
Starter
Close management Task automation Basic integrations
Professional
Advanced automation AI-powered workflows Full integration library
Enterprise
Dedicated support Custom AI models Advanced security
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Pros & Cons
Pros
Significantly reduces close and audit cycle times. Built by accountants for accountants, ensuring intuitive workflows.
Cons
May require initial setup and training for full adoption. Pricing not publicly disclosed, potentially high for smaller firms.
FAQs
Just Launched
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Quick FloQast Comparision
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