FloQast unifies accounting teams on a single platform to simplify global month-end close through collaboration and tracking. It automates workflows such as close management, account reconciliations, compliance activities, journal entries, transaction matching, and consolidations. Built by accountants, the platform integrates AI for operations like AI Transaction Matching to enhance accuracy and visibility. It supports documentation of close processes, monitoring of tasks against deadlines, and streamlining of ad-hoc projects across entities and teams.
Accounting teams connect FloQast to their ERP system. Close tasks, reconciliations, and journal entries are managed through structured workflows with approvals and status tracking. Supporting documentation is attached directly to tasks, creating a clear audit trail and improving cross-team collaboration.
Provides comprehensive understanding of close process and team progress
Reduces time to close books
Reduces time for reconciliations
Increases accuracy of close data
Reduces audit process time
Requires setup for integrations to automate workflows
Depends on user adoption for full close process visibility
