FloQast is a cloud-based close-management and accounting workflow automation platform built by accountants for mid-market and enterprise accounting teams.
FloQast is an accounting transformation and close-management platform built by accountants to organize and automate month-end financial workflows while working alongside existing spreadsheets and ERP (Enterprise Resource Planning) systems.
Core Features & Functionality:
- Close Management Checklists: Custom, collaborative task lists that guide teams through the financial close from initial reconciliations to final sign-offs with live updates.
- Account Reconciliations (AutoRec): Automated transaction matching for bank statements and subledgers that reduces manual prep work.
- FloQast Transform & AI Agents: A no-code hub enabling accountants to create, deploy, and manage custom AI agents using natural language to automate repetitive workflows like accruals and allocations.
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Variance & Flux Analysis: Tools to rapidly detect period-over-period budget discrepancies and track reconciliation exceptions.
- Connected Compliance: Built-in support for regulatory frameworks like SOX, SOC 2, and ISO 42001 to capture audit evidence and maintain strict human oversight.
Target Audience & Pricing:
- Best Suited For: Mid-market and enterprise accounting teams looking for audit readiness, standardization, and structured oversight.
- Pricing & Implementation: Annual contract costs typically range from roughly $30,000 to $120,000 based on company scope, with standard implementation taking two to three months.
