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1,262 FloQast Reviews
Overall Review Sentiment for FloQast
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I love that if an account balance changes after it has already been reconciled, it alerts you to the change and to perform a new account rec! This has been super helpful in our organization. Review collected by and hosted on G2.com.
The only struggle we have had is with scheduling some of the weekly tasks. They seem to get mixed up from month to month, and sometimes you end up with duplicated tasks in the same week. Review collected by and hosted on G2.com.
I like the use of checklists and ease of sortability sortability Review collected by and hosted on G2.com.
Sometimes the updating of reconciliations can take a while if you are an organization with a lot of entities Review collected by and hosted on G2.com.
I love how easy it is to assign a task to a coworker. Once all tasks are assigned you feel way more organized and less stressed knowing that everything will be taken care of. Review collected by and hosted on G2.com.
No big issues or concerns, sometimes the reconciliations take a long time to update. Review collected by and hosted on G2.com.
It is beneficial for driving the period-end close.
It helps ensure that key tasks are performed in a timely manner
It allows the entire team to see what still needs to be performed in real-time.
It ensures that there are reconciliations for all accounts and that all accounts are reviewed. If an account balance changes in the general ledger after you've signed off on the reconciliation, then you get a warning that the reconciliation needs to be updated.
Overall, once you use it, there's no going back to other methods. Review collected by and hosted on G2.com.
Not much. There's room for improvement in terms of being useful for documenting internal controls, but there are ways to make it work. Review collected by and hosted on G2.com.
That is syncs with the accounting system and you can easily tell if any numbers changed or something is out of balance. Also, the ease of use to change on the go, create new tasks or delete tasks. Review collected by and hosted on G2.com.
We use this to track other projects as well. While we are using the system for above its intended use, i would like the option of easily moving a task from one month to another month. or not have everything segregated by months only. Review collected by and hosted on G2.com.
the ease of work between different apps..ease of communication within systems. Automatic cash reconciliations/matching is excellent. Review collected by and hosted on G2.com.
i can't think of anything right now ;( . . Review collected by and hosted on G2.com.
FloQast doesn't require you to redo your work in their product - you just tag balances in your existing reconciliations and it tracks changes, notes, due dates and completion dates,all in one location, perfect for audit support. Review collected by and hosted on G2.com.
Some of the auto reconciliation features can be a little hard to implement and use. Review collected by and hosted on G2.com.
