FloQast

floqast.com ↗

Coordinate the close with task ownership, reconciliations and journal review

SI Score
80/100
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Answers use saved listing facts and recorded sources.
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What it does

FloQast coordinates accounting close tasks, reconciliations and journal-entry workflows. It also offers variance-analysis drafts and accounting-operation tools.

FloQast puts recurring close work into a checklist with owners, dependencies and supporting documents. Tasks can roll forward to the next period, so the team can maintain the process instead of rebuilding it each month. Dashboards show work in progress, while reconciliations and journal entries connect the task list to the underlying accounting.

Journal Entry Management covers creation, validation, review and posting to a connected accounting system. Entries can be cloned for recurring transactions, reversed when required and linked back to the close checklist. Pre-posting checks flag entry and logic errors. Required documents, separate preparer and reviewer roles, and locks on approved entries help control what reaches the ledger.

Choose the required process coverage

Package Included scope
Close Management Checklist, account reconciliations, operations, projects, AI Assistant and accounting-system integration
Close AI Close Management plus agents, transaction matching, automated reconciliations and journal posting
Risk & Compliance Controls, audit work, risk management and testing; available separately or alongside a close package

FloQast quotes packages without per-user fees. Start with Book a Demo or Contact Sales and describe the systems, reconciliations and review steps the team needs.

AI can prepare work and draft explanations, while the accounting team retains approval. Developers can also use APIs for close-status reporting, data connections and user management. A generated API key should have only the permissions needed for that integration; the documented first request checks the connected user profile.

Strengths

  • Recurring checklists retain task ownership and supporting documents
  • Journal review separates preparers from reviewers
  • Approved entries can be locked with a record of changes

Watch out for

  • Journal-posting automation belongs to the Close AI package
  • Automated preparation still requires the team’s review and approval

Best for

  • Accounting teams coordinating a recurring period close

Sources