Description
️ 🖼Tool Name:
FloQast
🔖 Categories:
- Business and Operations Management
- Finance, Forecasting, and Dashboards
- Automation and Smart Agents
- RPA Automation and Repetitive Tasks
- Governance, Compliance, and Policies
- Integrations and APIs
- Education and Research
️ ✏What does this tool offer?
FloQast is an accounting and finance platform designed to automate and optimize financial close processes, with a focus on streamlining workflows, automating controls, and improving visibility into the close process.
The platform offers the Close Optimization solution, which helps automate accounting controls, standardize workflows, track the closing status in real time, manage controls, collaborate within a single source of truth, identify bottlenecks, and automate data requests using the Request Agent.
It also provides Close Automation to automate high-volume matching and reconciliation processes, match transactions using artificial intelligence, automate the preparation and posting of journal entries, and trigger automated procedures to build integrated workflows across different systems.
⭐ What does it actually offer based on user experience?
- Automation of accounting controls.
- Standardization of financial close workflows.
- Real-time tracking of the closing status.
- Management of controls within the platform.
- Collaboration within a single source of truth.
- Identify bottlenecks in the closing process.
- Automate data requests using Request Agent.
- Automate high-volume matches and reconciliations.
- Match transactions using artificial intelligence.
- Automate the preparation and migration of journal entries.
- Build integrated workflows across different systems.
🤖 Does it include automation?
Yes. FloQast focuses on automating closing processes, matching, reconciliations, and accounting controls.
This includes automating data requests via the Request Agent,automating high-volume reconciliations and adjustments, matching transactions using AI, preparing and posting journal entries, and running automated procedures to build workflows across different systems.
💰 Pricing Model:
A paid subscription with custom pricing that is not based on the number of users.
FloQast focuses on the value and results of the solution rather than the number of seats, and does not charge a separate fee per user. It does not offer fixed pricing for its solutions; to obtain a quote, you must contact the sales team.
🆓 Free Plan Details:
| Service | Price | Details |
|---|---|---|
| FloQademy | Free | A training platform offering more than 100 free CPE/CPD credits. |
| FloQast Certified Accountant (FCA) | Free | A professional certification program offered by FloQast. |
💳 Paid plan details:
| Solution | Price | Features and Differences |
| Close Optimization | Custom | Automate accounting controls, standardize workflows, track closure status in real time, manage controls, collaborate within a single source of truth, identify bottlenecks, and automate data requests via Request Agent. |
| Close Automation | Custom | Automate high-volume matching and reconciliation processes, match transactions using artificial intelligence, automate the preparation and posting of journal entries, and run automated procedures to build integrated workflows across different systems. |
| Implementation and Setup Services | Custom | Services related to platform implementation and setup for clients. |
| Specialized Support and Customer Success Management | Custom | Specialized support and customer success management, including proactive quarterly business reviews. |
🧭 How to access the tool:
| Access Method | Details |
| Web | Access the FloQast platform via the web. |
| Integrations | Ability to run procedures and workflows across different systems. |
🔗 Demo link or official website:
FloQast’s official website