What is FloQast?
FloQast is the leading Accounting Workflow and Close Management Software designed to transform how accountants manage their workflows. With its powerful capabilities, FloQast aims to improve efficiency and accuracy throughout the accounting process, ensuring that teams can optimize their month-end close while maintaining connected compliance and streamlined reporting.
What are the features of FloQast?
FloQast offers a variety of robust features that cater specifically to the needs of accounting teams:
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Optimize the Close: Automates and accelerates the month-end close process, allowing teams to focus on higher-level analysis instead of manual tasks.
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Connected Compliance: Ensures that organizations are meeting compliance requirements with integrated controls and risk management features, which simplifies audit readiness.
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Integrated Record-to-Report: Unifies all accounting activities on one platform, facilitating seamless collaboration between internal and external teams.
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AI Scalability & Usability: Leverages artificial intelligence to enhance productivity, shifting accountants from preparers to reviewers who can interpret results and identify inefficiencies.
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Journal Entry Management: Automates journal entry processes, reducing the time spent on manual entries and enabling quicker reconciliation.
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Transaction Matching: Uses AI-driven tools to expedite transaction matching, ensuring accurate financial reporting.
What are the characteristics of FloQast?
FloQast is built with the accountant in mind, featuring a user-friendly interface that is easy to navigate without requiring extensive IT support or training. It provides:
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Real-Time Collaboration: Teams can easily track progress and collaborate on documents and tasks in real time, whether working remotely or in the office.
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Data Visualization: Offers insightful dashboards and reports that help in analyzing performance metrics and understanding team progress.
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Customizable Workflow: Enables firms to tailor workflows according to their specific accounting processes and requirements.
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Seamless Integration: FloQast integrates effortlessly with a variety of ERP systems, including NetSuite, Sage Intacct, Microsoft, and SAP, ensuring minimal disruption to existing workflows.
What are the use cases of FloQast?
FloQast is ideal for a wide range of applications within the accounting landscape, including:
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Financial Close: Streamline the financial close process and reduce the overall time required for month-end reporting.
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Account Reconciliations: Automate reconciliations to improve accuracy and accountability within financial reporting.
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Audit Findings: Facilitate easier management of audit processes and findings, enhancing communication with auditors.
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Controls and Risk Management: Support SOX compliance and other regulatory requirements with integrated risk management features.
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Pre-IPO Readiness: Prepare for initial public offerings by ensuring robust financial controls and streamlined reporting practices.
How to use FloQast?
- Sign-Up: Begin by signing up for a demo or contacting the FloQast sales team to get started.
- Integration: Integrate FloQast with your existing accounting systems and data sources for a seamless transition.
- Training: Attend training sessions through FloQademy to familiarize your team with the software's features.
- Customize Workflows: Set up and customize workflows according to your organization’s accounting practices.
- Collaborate: Use the platform for real-time collaboration among team members and stakeholders to enhance the efficiency of the accounting process.
