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FloQast

The Accounting Transformation Platform

Accounting

INDUSTRY

Saas Platform

STATUS

Trading

OPEN TO

Public

Investment Highlights


FloQast is a financial software company that provides accounting solutions specifically designed to streamline the close management process for corporate finance teams.
The company focuses on helping businesses achieve a faster and more accurate month-end close by enhancing collaboration, automating workflows, and improving the visibility of key financial metrics.

Company Overview


The software integrates with widely used enterprise resource planning (ERP) systems such as NetSuite, Oracle, Sage Intacct, and QuickBooks, allowing teams to leverage existing financial infrastructure while benefiting from FloQast's automation capabilities.

At its core, FloQast's platform addresses the inefficiencies traditionally associated with financial close processes. By offering cloud-based solutions, it allows finance professionals to collaborate in real time, ensuring that all team members have up-to-date information and can contribute to tasks such as reconciliation and reporting. The platform’s focus on transparency and real-time insights enables companies to mitigate risks tied to inaccuracies or delays, which can lead to more informed decision-making and a higher degree of financial governance.

Calculations

The company has positioned itself as an essential tool for mid-sized and large businesses looking to streamline their accounting operations and improve overall financial accuracy. Its value proposition lies in not only the time saved in closing books but also in the accuracy and compliance improvements that come with adopting automated, standardized workflows. FloQast has also integrated features like task management, audit readiness, and advanced analytics, which offer deeper insights into a company’s financial health and the performance of its accounting processes.

FloQast has grown significantly since its inception, securing partnerships with major enterprise clients and gaining recognition within the accounting technology sector. Its ability to modernize the traditionally manual and labor-intensive process of financial close, along with its focus on user experience, has allowed it to expand rapidly in a competitive market. By emphasizing efficiency, collaboration, and automation, FloQast has established itself as a key player in the financial software industry, catering to the needs of modern finance teams looking to scale their operations while maintaining strict regulatory and reporting standards.

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