Has anyone ever heard of a service called FloQast ...
# accounting
l
Has anyone ever heard of a service called FloQast and can tell me about their experience with it? From my understanding it helps with month-end close process.
m
Hi @Lauren Rabe! I am a Product Manager at FloQast. Happy to answer any questions you may have if no one else in this channel chimes in!
l
Thanks! Our team went through a demo and just looking to see if we can get some additional references that can illuminate any things to be aware of with the platform
m
Ah cool makes sense!
l
Floqast is a tool that is really awesome! I have seen only demos and we did not buy anything (neither blackline nor floqast) because we were too small. I would jump on floqast but remember i never bought it.
Also, Sorry to not answer your question @Lauren Rabe - Floqast is an awesome month end tool - highly recommend seeing a demo.
l
Thanks for the info! Saw the demo but sometimes they can be deceiving lol or implementation can be harder than the initial pitch makes it out to be. Do you happen to know of any companies that implemented?
l
I personally don't but if I had a team I would implement it. I am with a team of 5-6 people right now and no one knows fully how to use blackline because it is such a big product. I guess the biggest question is what is the fit you are looking for - just reconciliations or other things?
j
I can personally attest that FloQast is awesome for month-end close.
c
I have a contact that swears by. Has used it at two different companies.
f
Integration is super simple, accounting team at my company looked at Blackline as well, but it was more tool than they needed. Currently Month End/quarter close/year end recs are all running through Floqast with multiple subs.
s
I really like FloQast, the accounting teams love its integration with NetSuite helps shrink the close