Floqast

What is FloQast

FloQast is a purpose-built accounting close management system that helps accounting teams manage month-end, quarter-end, and year-end close processes. The product centralizes close checklists, reconciliations, balance sheet tie-outs, task assignments, and evidence collection so teams can track status in real time and produce auditable close packages. FloQast is aimed primarily at corporate accounting, financial reporting, and controllership teams within mid-market to enterprise organizations that run regular period-end closes.

FloQast connects to common ERP systems and file repositories to pull trial balance data, reconcile accounts, and store supporting documentation with version control and audit trails. It is commonly adopted by teams that need more structure than spreadsheets alone provide, while avoiding the overhead of full ERP customization for close workflows. Customers use FloQast for internal control evidence, audit preparation, cross-team coordination, and to reduce close calendar variability.

The platform emphasizes accountability through assigned owners, due dates, and automated reminders, while tracking progress with dashboards and historical metrics such as days to close and overdue items. It also includes reporting capabilities for controllers and finance leadership to analyze bottlenecks, review task history, and generate documentation for external auditors.

FloQast features

What does FloQast do?

FloQast provides a modular set of features focused on planning, executing, and evidencing the financial close. Core capabilities include centralized reconciliations, close checklists with task ownership, automated data imports from ERPs, evidence attachment and versioning, and reporting dashboards that surface progress and risk to finance leadership. The platform enforces consistent close steps across entities and periods so teams can reproduce processes and shorten cycle times.

FloQast also supports integrations to automate data flows: trial balance and general ledger extracts can be ingested automatically to reduce manual copy/paste, reconciliations can be tied to subledger systems, and third-party storage solutions can host backup documentation. The platform offers audit trail features that capture who changed what and when, which simplifies auditor requests and testing.

Additional features include workflow automation for recurring tasks, configurable templates for recurring reconciliations, role-based permissions and single sign-on (SSO), dashboard visualizations for close health, and root-cause tracking to identify repeated pain points across closes. These features are designed to reduce friction around handoffs, bottlenecks, and evidence collection.

FloQast's product suite commonly includes modules for account reconciliations, task management, close analytics, and close binder generation so teams can package period-end artifacts for auditors or management review.

FloQast pricing

FloQast offers subscription pricing that varies by module selection, number of users, company complexity, and deployment requirements. Pricing is typically provided via customized quotes rather than one-size-fits-all public tiers. Typical engagements start with a base subscription for core close management, with optional add-ons for advanced analytics, extra integrations, and dedicated customer success services. Check FloQast's current pricing and plans for the latest rates and enterprise options.

Because FloQast is positioned for mid-market and enterprise finance organizations, contracts are usually annual and priced per company rather than per individual end user, with the total cost reflecting the number of legal entities, required integrations, and implementation effort. Vendors in this category commonly structure fees to cover software licensing, implementation consulting, and ongoing support.

Implementation and onboarding can involve professional services and configuration work to map existing close processes into the platform; these services are often billed separately or included in higher-tier agreements. For accurate budgeting, expect to request a formal proposal that outlines one-time implementation fees and recurring subscription costs based on your organization’s needs.

How much is floqast per month

FloQast starts at approximately $250/month for smaller accounting organizations when billed annually and using a minimal module set. This figure represents an indicative starting point for teams adopting core close management without extensive custom integrations. Actual monthly costs will scale with the number of entities, required modules, and whether you purchase implementation services.

Most customers negotiate annual contracts where the effective monthly amount reflects a larger annual commitment plus any onetime setup fees. For mid-market customers with multiple entities, the monthly equivalent often ranges higher depending on required capabilities.

For a precise per-month estimate tailored to your environment, contact FloQast sales and request a detailed quote via the provider's official contact form.

How much is floqast per year

FloQast typically costs between roughly $3,000/year and $30,000+/year for most mid-market engagements depending on modules and organizational complexity. Small teams using a base module set can expect lower annual subscription levels, while multi-entity enterprises with add-on modules, integrations, and premium support fall toward the upper end of that range. The annual price normally includes software access and standard support; professional services are usually itemized.

Annual contracts are standard and may include tiered pricing for additional modules, training, or dedicated customer success resources. Budget cycles for finance software often require combining the annual subscription with an implementation budget to cover data mapping and onboarding.

To confirm up-to-date annual pricing and what each level includes, review FloQast's current pricing and plans.

How much is floqast in general

FloQast pricing ranges from approximately $250/month (about $3,000/year) for small deployments to $30,000+/year for enterprise implementations. The variation depends on modules purchased, number of entities, level of integrations to ERPs and subledgers, and whether professional services are required. Vendors in this product category commonly have quote-driven pricing to reflect differences in company size and close complexity.

When planning, account for three cost buckets: subscription fees, implementation/professional services, and ongoing support and training. Subscription fees: cover product licensing; implementation fees: cover data mapping, integrations, and configuration; support and training: cover onboarding and ongoing enablement for new close processes or staff.

Get an accurate range by running a discovery conversation with FloQast sales or a reseller and requesting a sample statement of work that outlines all costs and deliverables.

What is FloQast used for

FloQast is used to manage and accelerate the financial close cycle. Teams use it to assign and track period-end tasks, standardize reconciliations, attach supporting documentation, and generate audit-ready close binders. The platform reduces dependence on fragmented spreadsheets by centralizing the close steps and providing a single source of truth for close status and evidence.

Finance teams also use FloQast for compliance and audit readiness: built-in audit trails, versioned attachments, and predefined signoffs make it easier to respond to auditor inquiries and demonstrate internal controls. Controllers use it to measure close efficiency through dashboards that report on overdue tasks, average days to close, and recurring exceptions.

Operationally, FloQast is applied across recurring processes such as balance sheet reconciliations, intercompany eliminations, reconciliations of cash and bank accounts, and validation of revenue or expense accounts. It is also useful for coordinating multi-entity closes, managing month-end checklists for shared services centers, and documenting management review notes.

Pros and cons of FloQast

FloQast provides strong fit-for-purpose functionality for accounting closes, but like any specialized system, it carries trade-offs.

Pros:

• Centralized close checklists and reconciliations that reduce spreadsheet sprawl and improve accountability.
• Integrations with ERP systems and cloud storage to automate data imports and evidence storage.
• Audit-ready features such as versioning, signoffs, and activity logs that simplify external and internal audits.
• Close analytics and dashboards that surface bottlenecks and help shorten cycle time.

Cons:

• Pricing is typically quote-based and targeted at mid-market and enterprise customers, which may place it outside the budget for very small teams or sole practitioners.
• Implementation can require professional services to map existing processes and integrate with multiple ERPs or subledgers, increasing up-front cost and timeline.
• Organizations with very simple close processes may find the system feature set broader than necessary compared to lighter-weight checklist tools.

FloQast free trial

FloQast typically offers product demonstrations and trial evaluations rather than a long, publicly listed free tier. Prospective customers can request a personalized demo to see how the platform maps to their close processes and to evaluate whether core modules meet their needs. Some customers arrange time-limited pilot programs or proof-of-concept engagements to validate integration and workflow assumptions before committing to a full contract.

During trials or pilots, expect to provide sample data and access to trial-balance exports so the vendor can demonstrate reconciliations and reporting on your real-world datasets. A pilot can also expose integration complexity and inform implementation estimates.

To explore trial options, reach out directly through FloQast's contact channels and ask for a trial or pilot tailored to your close process and ERP environment. See FloQast's product overview and contact resources for next steps.

Is FloQast free

No, FloQast is not a free product; it is a commercial subscription service. The platform is sold as licensed software with annual contracts; however, vendors commonly provide demos and pilot programs for evaluation. Small teams with minimal requirements might investigate free checklist tools initially, but these will lack FloQast's audit and automation capabilities.

Organizations considering FloQast should budget for subscription fees and potential implementation costs. For exact licensing and any promotional offers, consult FloQast sales.

FloQast API

FloQast offers API capabilities and prebuilt integrations to streamline data exchange between ERPs, subledgers, and third-party systems. The API surface typically supports programmatic uploading of trial balance data, reconciliation results, attachments, and status updates, enabling automation of routine data transfers and synchronization with source systems. Integrations reduce manual CSV imports and ensure that reconciliations align with the ledger.

The platform also supports webhooks and event notifications so external systems can react to changes in close status or task completion. For organizations building custom connectors or embedding FloQast data into internal dashboards, the combination of APIs and webhooks supports near-real-time workflows and reporting.

For specifics on endpoints, authentication methods, and rate limits, consult FloQast's integrations and developer documentation. Implementation partners commonly assist with API-based integrations to map fields, schedule extracts, and implement secure credentials handling.

10 FloQast alternatives

• BlackLine — Close automation and reconciliation platform with broad ERP integrations and an emphasis on controls and continuous accounting.
• Trintech — Financial close automation suite known for reconciliation and balance sheet substantiation across global organizations.
• Workiva — Integrated reporting and compliance platform combining data management, controls, and document collaboration for finance and audit teams.
• Oracle NetSuite — Cloud ERP with native financial management capabilities; often used by companies seeking an integrated ERP and close workflow solution.
• Sage Intacct — Cloud financial management system with core ERP capabilities and partner integrations for reconciliations and close tasks.
• OneStream — Corporate performance management suite that includes financial consolidation and reporting functionality for complex enterprises.
• FloQast (listed for context) — Close management built specifically for accounting teams focused on reconciliations and close workflow.
• Xero — Accounting platform for smaller organizations that can be extended with reconciliation and reporting add-ons.
• Microsoft Dynamics 365 Finance — ERP financials with native close and consolidation features for larger Microsoft-centric environments.
• BlackLine/Trintech combined workflows — Many enterprises evaluate combined or complementary tooling when they require reconciliation automation plus statutory consolidation.

Paid alternatives to FloQast

• BlackLine: Robust reconciliation and close automation for enterprise finance teams, often chosen for its controls and scalability.
• Trintech: Offers Cadency and ReconNet suites focused on reconciliation, task management, and financial governance.
• Workiva: Paid platform that combines data linking, reporting, and compliance features suited for audit-heavy organizations.
• Oracle NetSuite: Paid cloud ERP with integrated accounting and reporting modules, best for organizations seeking an all-in-one ERP and close solution.
• Sage Intacct: Subscription-based financial management with partner add-ons for enhanced close automation and reporting.

Open source alternatives to FloQast

• ERPNext: Open source ERP with accounting modules that can be adapted to manage reconciliations and checklist workflows; requires configuration and custom development for full close automation.
• Odoo (Community edition): Open source ERP that includes accounting apps; extensible through community modules to build close-related workflows and task management.
• GnuCash: Open source accounting software suitable for smaller organizations that need basic reconciliation capabilities; not designed for collaborative close management or audit packaging.

Frequently asked questions about FloQast

What is FloQast used for?

FloQast is used for financial close management and reconciliations. It centralizes close checklists, assigns task ownership, stores supporting documentation, and produces audit-ready close binders. Accounting teams use it to improve consistency, shorten close cycles, and supply evidence for auditors.

Does FloQast integrate with ERPs like NetSuite and Oracle?

Yes — FloQast integrates with major ERPs including NetSuite and Oracle. The product supports data imports from general ledger and trial balance exports and has prebuilt connectors or documented integration points to reduce manual data handling. Integration options vary by ERP and customer requirements.

How much does FloQast cost per user?

FloQast is typically priced by organization and module rather than per user. Indicative entry-level pricing starts around $250/month when billed annually for a minimal deployment, but enterprise contracts and multi-entity licensing will change the effective per-user economics. Contact FloQast for a custom quote.

Is there a free version of FloQast?

No, FloQast does not offer a perpetual free version. Evaluation through demos or time-limited pilot engagements is common, but production use requires a paid subscription and usually an annual contract.

Can FloQast help with audit preparation?

Yes, FloQast provides audit-ready features such as versioned attachments and signoffs. The platform records activity logs, attachments, and reviewer approvals that auditors can use to test controls and sample documentation, reducing time spent responding to auditor requests.

Does FloQast provide API access?

Yes, FloQast provides API and integration capabilities. APIs support automated uploads of trial balance data, reconciliation links, and attachments while webhooks enable notifications for workflow events. Refer to FloQast's integration documentation for endpoint specifics.

How long does implementation take for FloQast?

Implementation timelines vary but typically span several weeks to a few months. Small pilots can be completed faster, while enterprise deployments that require multiple ERP integrations, entity setups, and data mapping typically require longer professional services engagements.

Can FloQast handle multi-entity consolidations?

Yes, FloQast supports multi-entity close workflows. The platform can manage separate checklists, reconciliations, and signoffs by entity, and it helps coordinate consolidated close tasks across shared service centers and regional teams.

What security features does FloQast offer?

FloQast includes role-based permissions, SSO support, and audit logs. The vendor implements standard cloud security practices and can provide documentation on encryption, access controls, and compliance attestations relevant to enterprise deployments.

What training and support resources are available for FloQast?

FloQast offers onboarding, customer success, and training resources as part of its service. Paid customers commonly receive implementation assistance, training sessions, and ongoing support; enterprise customers may receive a dedicated customer success manager and tailored training programs.

floqast careers

FloQast hires across product, engineering, customer success, sales, and finance teams to support product development and customer onboarding. Available roles typically include software engineers, implementation consultants, solution engineers, account executives, and customer success managers. Careers pages list openings and provide details on the company’s hiring process and benefits. Visit FloQast's careers page for current opportunities and role descriptions.

floqast affiliate

FloQast works through direct sales and partnerships with implementation partners and accounting consultancies rather than a wide public affiliate program. Referral partnerships and reseller agreements are available for firms that provide ERP implementation and accounting advisory services. Interested partners should contact FloQast's partner program for terms and application steps.

Where to find floqast reviews

Independent reviews of FloQast can be found on software review sites and peer-review platforms that cover accounting and ERP-adjacent tools. Search for customer case studies, G2 and Gartner Peer Insights listings, and accounting community forums for firsthand accounts of implementation timelines, support quality, and ROI. For vendor-provided customer references and case studies, review FloQast's resource center and customer stories on their website.