FloQast
Accounting software
Financial close software
Audit management software
Accounting & finance software
Financial reconciliation software
Business management software
Compliance software
ERP for school management software
ERP for textile industry software
ERP retail software
Financial reporting software
Fixed asset management software
Foreign accounting software
Reporting software
AI finance agents
AI accounting agents
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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What is FloQast
FloQast is a cloud-based financial close and accounting operations platform used by accounting and finance teams to manage period-end close, reconciliations, and supporting documentation. It provides close checklists, task management, tie-outs, and workflow to coordinate work across team members and reviewers. The product commonly integrates with ERP and accounting systems and connects to spreadsheets to centralize close status and evidence. It also includes capabilities for audit support and compliance-oriented documentation during the close process.
Structured close workflow management
FloQast provides configurable close checklists, assignments, due dates, and status tracking to coordinate month-end and quarter-end activities. It supports reviewer workflows and visibility into bottlenecks, which helps teams standardize close execution across entities and periods. This focus on close operations differentiates it from general-purpose accounting suites that emphasize transaction processing over close governance.
Reconciliations with audit trail
The platform supports account reconciliations with preparer/reviewer sign-off and centralized storage of supporting documentation. It maintains an audit trail of completion and approvals, which can be used for internal controls and external audit requests. This is typically more purpose-built than reconciliation handled solely through spreadsheets and shared drives.
Integrations with ERP and spreadsheets
FloQast is designed to sit alongside existing ERPs/accounting systems rather than replace them, enabling teams to keep their general ledger in place. It connects to common data sources and spreadsheet-based workpapers to reduce manual status reporting and duplicative tracking. This approach fits organizations that want to improve close governance without migrating core accounting.
Not a full ERP or GL
FloQast does not function as a general ledger, accounts payable/receivable, inventory, or procurement system. Organizations looking for end-to-end accounting transaction processing or industry-specific ERP (for example, retail, textiles, or school management) typically need separate systems. As a result, value depends on the quality and coverage of integrations with the existing finance stack.
Implementation depends on process maturity
Teams often need to define standardized close tasks, ownership, and documentation requirements to get consistent results. If close processes vary widely across entities or rely on informal spreadsheet practices, initial configuration and change management can be significant. Without disciplined adoption, the platform can become another layer of tracking rather than a single source of close status.
Limited scope beyond close operations
While it supports audit support and documentation, it is not a full audit management system for planning, fieldwork management, and broader engagement workflows. Financial reporting and analytics capabilities are typically oriented around close readiness and tie-outs rather than enterprise BI. Organizations may still require separate tools for statutory reporting, consolidation, or advanced reporting packages.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| Close Optimization | Contact Sales | Centralize month-end close with real-time status visibility; automate accounting controls; standardize workflows; Request Agent to automate data requests. |
| Close Automation | Contact Sales | Automate high-volume reconciliations and rollforward schedules; AI transaction matching; automate preparation/posting of journal entries; trigger automated actions across systems. |
| Connected Compliance | Contact Sales | Streamline SOX/404a compliance management; automate evidence collection; integrated risk monitoring; customizable dashboards. |
| Compliance Pro | Contact Sales | Enterprise automated testing for internal audit; continuous risk and operational testing with automated sampling; remediation management; automatable attribute testing & annotations. |
| FloQast Reporting | Contact Sales | Multi-entity consolidation and reporting; AI-powered intercompany reconciliation; real-time consolidated financial statements; variance detection with AI explanations; custom drag-and-drop reports with drill-through. |
| FloQast Transform | Contact Sales | No-code AI agent builder for accounting workflows (accruals, allocations, journal entries, reconciliations); ISO 42001 audited AI workflows; integrates with existing tools. |
Notes: All listed product packages on FloQast's official pricing page require contacting sales for pricing. FloQast states it does not charge per user and that pricing is customized to organization needs.
Seller details
FloQast, Inc.
Los Angeles, CA, USA
2013
Private
https://floqast.com
https://x.com/floqast
https://www.linkedin.com/company/floqast/
