What does FloQast do?
FloQast organizes the close and related accounting operations into a platform that blends task management, reconciliation automation, and compliance workflows. Recent product additions emphasize AI Agents for transaction mapping and anomaly detection, expanded automated evidence collection, and tighter integrations with ERPs and source systems.
Global Month-End Close
This feature centralizes global close tasks and schedules across entities and currencies, providing visibility into task ownership and completion rates. It helps teams standardize close steps and create a single calendar for cross-entity coordination, improving consistency for multi-entity organizations.
Automated Reconciliations
Automated reconciliations reduce manual spreadsheet work by matching transactions, carrying forward recurring reconciliations, and flagging exceptions. The feature saves preparer time and reduces the risk of reconciliation errors by enforcing reconciliation templates and reconciliation status tracking.
AI Transaction Mapping
AI transaction mapping analyzes transaction patterns to suggest account mapping and classifications, speeding up preparation of reconciliations and journal entries. Over time the model learns from reviewer confirmations to improve future mapping accuracy and reduce repetitive mapping labor.
Journal Entry Management
Journal entry management supports preparation, approval routing, and posting of entries with audit trails and supporting attachments. The capability helps ensure entries follow approval policies and that evidence is linked for later audit review.
Connected Compliance and Automated Evidence Collection
Connected compliance centralizes documentation required for audits and control testing and automates evidence collection from source systems and cloud storage. This reduces the time auditors spend gathering workpapers by maintaining an auditable repository tied to close activities.
AI Agents for Accounting Workflows
AI Agents automate routine tasks such as anomaly detection, evidence assembly, and repetitive mapping to reduce reviewer workload. They are designed to operate within guarded workflows so preparers and reviewers retain supervisory control over final accounting decisions.
Integrated Record-to-Report: Consolidation and Intercompany
FloQast supports consolidation and intercompany reconciliation workflows to help organizations maintain accurate consolidated results. The feature set helps teams identify intercompany mismatches and track elimination entries with linked supporting documentation.
With these features, FloQast aims to reduce reconciliation time, shorten audit cycles, and provide a central system of record for month-end close operations. The biggest benefit is replacing fragmented, spreadsheet-based processes with a coordinated, auditable close workflow that ties reconciliations, journal entries, and evidence together.
Core Capabilities of FloQast
FloQast Pricing
Pricing Overview
FloQast offers a range of pricing options tailored to meet the needs of different organizations. Below is a detailed overview of the pricing plans available.
Pricing Plans
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Standard Plan
This plan is designed for small to medium-sized businesses looking to streamline their accounting processes.
- Features include:
- Global Month-End Close
- Automated Reconciliations
- AI Transaction Matching
Price: Contact for details.
-
Professional Plan
Ideal for larger organizations that require advanced features and integrations.
- Includes all Standard Plan features plus:
- Connected Compliance
- Integrated Record-to-Report
- AI Variance Analysis
Price: Contact for details.
-
Enterprise Plan
Custom pricing for enterprises with specific needs and requirements.
- Includes all Professional Plan features plus:
- Custom integrations
- Dedicated support
- Scalability options
Price: Contact for details.
Free Trial and Freemium Options
FloQast offers a free trial for potential users to explore the software's capabilities before committing to a paid plan. Please visit our website to sign up for the trial.
Custom Pricing
For organizations with unique requirements, FloQast provides custom pricing options. Interested parties are encouraged to reach out for a personalized quote.
This pricing was last checked by our team on February 1, 2026
What is FloQast Used For?
Accounting teams use FloQast to manage month-end checklists and coordinate workflows across preparers, reviewers, and controllers, making the close process more visible and auditable. The platform is commonly applied to bank reconciliations, balance sheet reconciliations, journal entry processing, and intercompany matching.
Finance leaders use FloQast to reduce time spent on manual reconciliations and to centralize audit evidence, which can lower audit fees and reduce the number of auditor queries. It is suited to finance teams in software, retail, manufacturing, healthcare, and financial services that operate multi-entity or multi-currency accounting environments.
FloQast's Benefits and Limitations
Benefits
AI-Driven Features
FloQast incorporates AI for transaction mapping and anomaly detection.
Automated Reconciliations
It significantly reduces manual work by automating transaction matching and exception flagging.
Global Month-End Close
This feature centralizes close tasks across multiple entities, enhancing visibility and coordination.
Compliance Workflows
FloQast integrates compliance processes into the accounting workflow, streamlining audits.
Limitations
Pricing Transparency
Detailed pricing information is not readily available on the website.
Learning Curve
New users may face a learning curve due to the platform's complexity.
Integration Limitations
While it integrates with ERPs, compatibility with all systems may vary.
Frequently asked questions about FloQast
What is FloQast used for?
FloQast is used to manage and automate month-end close workflows, reconciliations, and audit evidence collection. Accounting teams use it to centralize close tasks, reduce manual reconciliations, and maintain an auditable trail of supporting documents.
Does FloQast integrate with my ERP?
Yes, FloQast integrates with major ERPs and source systems. You can review supported connectors and integration approaches on the FloQast integrations page.
How does FloQast help with audits?
FloQast centralizes audit evidence and links documentation to reconciliations and journal entries. This reduces auditor time spent collecting workpapers and helps teams provide an organized, auditable record for testing.
Can FloQast automate journal entries?
Yes, FloQast supports journal entry management and automation workflows. Entries can be prepared, routed for approval, and exported or posted to the ERP with linked supporting documentation.
Is there training available for FloQast?
Yes, FloQast provides product training and CPE courses through FloQademy. The learning platform offers role-based training modules and continuing professional education resources at FloQademy.
Final Verdict: FloQast
FloQast is a focused accounting platform that brings together close management, automated reconciliation, journal entry workflows, and compliance evidence in a single system of record. Its adoption of AI Agents and automated evidence collection is aimed at reducing manual reconciliation hours and improving audit readiness, which is particularly valuable for multi-entity finance teams seeking tighter operational controls.
Compared with BlackLine, which also targets enterprise reconciliations and continuous accounting, FloQast tends to emphasize workflow visibility and modular automation that can be adopted incrementally. Both vendors use enterprise pricing models that require vendor engagement for quotes, but FloQast differentiates on AI-assisted mapping and workflow orchestration while BlackLine is often chosen for broad reconciliation and system-of-record consolidation at scale.
If your priorities are reducing reconciliation time, improving audit documentation, and adding AI-assisted automation to existing close processes, FloQast is a strong candidate to evaluate. For pricing, deployment options, and a guided demo, view the FloQast pricing information or schedule a product demonstration.
