FloQast is an accounting software designed to streamline and automate the month-end close process. The platform is built by CPAs for accountants to simplify workflows without the need for complex IT setups. It helps teams to track progress and collaborate on tasks by integrating with multiple platforms.
FloQast also leverages AI to reduce manual work and let accountants focus on refined results only. Additionally, to improve operational efficiency it also includes a FloQademy. This resource provides continuous professional learning with CPE and CPD content for users. Whether you are a finance professional or a business owner, FloQast is the perfect solution for automating accounting tasks.
| FloQast Review Summary | |
| Performance Score | A+ |
| Automation Results | Great |
| Interface | Easy-to-navigate interface |
| AI Technology | AI Transaction Matching, Generative AI |
| Purpose of Tool | To optimize and automate the month-end close process. |
| Compatibility | Google Drive, Slack, Sage, Microsoft, Box, Google Analytics |
| Pricing | Contact for pricing |
Who is best for using FloQast?
- Finance Professionals: Automates month-end closing, simplifies compliance, and streamlines accounting workflows to improve efficiency.
- Business Owners: Simplifies financial management, tracks progress and ensures accurate reporting for better decision-making.
- Accountants: Reduces manual work, enhances team collaboration, and helps manage multiple tasks with ease.
- Continuous Learners: Accesses FloQademy for professional development and CPE/CPD resources.
FloQast Key Features
| Month-End Close Automation | Collaboration Tools | AI Integration |
| Compliance Management | FloQademy |
Is FloQast Free?
FloQast does not publicly share its pricing plans. In fact, it offers customized solutions based on the specific needs of each business. To get a personalized quote, please visit their website and contact the sales team directly.
FloQast Pros and Cons
Pros
- Increases efficiency and reduces errors by automating the month-end closing process.
- AI-powered tools help to reduce manual work and improve accuracy.
- Offers customizable solutions for specific business needs.
- Streamlines collaboration across accounting teams for better workflow management.
- Includes FloQademy for continuous professional development.
Cons
- May have a steep learning curve for some users.
- Integration with existing systems may require additional setup.
FAQs
Can FloQast help with year-end tax preparation?
Currently, FloQast just simplifies the month-end close process. However, the team is working on adding year-end close support soon.
What security measures does FloQast use to protect financial data?
FloQast deploys robust encryption and complies with the industry standards to ensure data protection and privacy.
Is FloQast Up to date?
Yes, FloQast regularly updates its platform. It continuously introduces new AI features and workflow improvements based on user feedback and industry trends.
