connected compliance
One Source for
Connected Compliance
Unify risk, compliance, and internal audit for seamless control and visibility across teams.
Increase Transparency
Promote accountability with visible, accessible risk and operational data to simplify monitoring across your teams.
Proactive Risk Mitigation
Stay ahead of risks with real-time monitoring through continuous control capture and control owner accountability.
Streamline Audits
Centralize audit evidence collection, testing, and remediation for improved collaboration and combined assurance.
Trusted by 3,000+ global companies
Proactively Manage Risk and Streamline Compliance
Financial Statement
Risk Management
One interconnected platform for your financial statement risk, controls, narratives, and flowcharts. Update information once — update information everywhere.
Automated
Evidence Collection
Capture control evidence at the source by linking internal controls back to the month-end close and workflows tracked within FloQast.
Enterprise Risk Management
Score your business risks, define risk treatment plans, and leverage heatmaps to drill into high-risk areas.
Multi-Framework Compliance
Reduce duplication of work by linking common controls to all applicable compliance laws and frameworks.
"FloQast has transformed the way we’ve been able to see our SOX and controls environment in a clearer fashion, it’s a totally improved program. We have fewer meetings, less back and forth, and I can report up to our CFO or CAO in a more thorough and meaningful way."
Christina Kang, Senior Director Technical Accounting,
Veracyte
Read the Case Study
FAQs
I thought FloQast was an accounting platform. Is FloQast really for risk, compliance, and internal audit teams?
Yes! The FloQast platform is divided into several independent products: Close Management and Compliance Management. Accounting teams use FloQast Close Management to perform month-end close tasks, balance sheet reconciliations, etc. Risk, Compliance, and Internal Audit teams use FloQast Compliance Management to run a GRC program.
How is FloQast different from other GRC solutions?
Most GRC solutions are designed for risk, compliance, and internal audit teams but are disconnected from other key systems where critical compliance activities take place. Some GRCs offer integrations to connect back to source systems, but this is often much easier said than done. Many FloQast products are already the source of truth for many key control activities. FloQast Compliance Management integrates seamlessly with other FloQast products (e.g., FloQast Close Management, FloQast Ops) for a connected GRC experience. The result is one fully connected GRC that encapsulates risk, compliance, and internal audit and links to underlying tasks performed by control owners.
I see the overlap between GRC and accounting in SOX compliance. Is FloQast’s GRC solution just for SOX?
SOX is a strong use case for FloQast Compliance Management due to the integration we offer out of the box to FloQast Close. Your Compliance team, Internal Audit team, and Control Owners can live in one interconnected platform. However, FloQast Compliance Management includes broad GRC capabilities. Many other use cases are supported across the platform – enterprise risk assessments, operational audits, multi-framework compliance, and more!
I am interested in FloQast’s GRC functionality, but I am not sure if I need any of FloQast’s accounting products. Can you use FloQast Compliance Management by itself?
Yes! FloQast Compliance Management can be used as a standalone product. FloQast Close or any other FloQast product is not required. These products offer great value when used together but can also be used independently.
How is FloQast different from Workiva’s GRC and AuditBoard?
The biggest difference between FloQast and Workiva or AuditBoard is that FloQast already houses key audit evidence (e.g., balance sheet reconciliations and operational workflows). If you are using FloQast in tandem with AuditBoard or Workiva’s GRC, someone is likely downloading evidence from FloQast and uploading it into one of those systems. With FloQast, everything would be in one platform, and that problem would be automated and eliminated entirely. Evidence requests (i.e., PBCs) would be drastically reduced, with controls dynamically linked back to underlying tasks.
If I use both Blackline and AuditBoard, can I replace both tools with just FloQast?
Absolutely! Blackline’s main product offering is Close Management. AuditBoard is a GRC solution. FloQast is a platform that combines both solutions into one.
Leverage Best Practices to Build a SOX RCM
Build the right SOX RCM from the start, saving time and effort as you begin your SOX journey.
Download the Template
Ready for your next step?
Schedule a Personalized Demo
Get a deeper dive into FloQast to see how it can work for you and your team.
Ready to Go
Get in touch with a member of our team. We’ll help you find the right solutions and pricing for your business.
