FloQast

What do you like best?

Floqast gives you the ability to have everything related to the close process all in one location include all communication with the people who are involved with the close. You no longer need to search for a spreadsheet or an email that contains info on the close.

What do you dislike?

I have not discovered anything I dislike. I am sure there will be improvements in the future that improve things going forward and look forward to them.

Recommendations to others considering the product:

Try and incorporate as much as of the close process as you can into Floqast. Even things that you think are not part of the close but in fact lead up to the close throughout the month. For example you could have weekly bank recs in Floqast to make sure that by the end of the month your bank rec is practically done and quick to complete since you only have one week to reconcile at that point.

What problems are you solving with the product? What benefits have you realized?

Reducing the time to process the month-end close. Having deadlines set really keeps my staff on track. Also we are no longer forgetting certain tasks as everything is listed within Floqast to remind us what needs to be done each month.