Use Cases - Audit Readiness
Audit-Ready, All the Time
Your relationship with your auditors matters; use FloQast to ensure work is complete, and reconciliations tie out before auditors arrive for fieldwork.
Audit Readiness in FloQast
Your relationship with your auditors matter. Make it a productive one.
Clean Audit Trails
Log all relevant activity for auditors, including time-stamped preparer and reviewer sign-offs. Role-based permissions and tracking provide greater granularity and control.
Efficient PBC Preparation
Find PBC documents easily by attaching them to checklist items and using filter functions to identify where schedules exist to provide to your auditors, streamlining the PBC process.
Lower Audit Fees
FloQast’s seamless workflows and task automation result in faster audits, leading to lower fees and a reduced burden on your team.
Use Case Companies
How This Helped Our Client
“FloQast organizes not only my close workflow but that of my entire team. It makes it easy for me to see exactly where everyone is in the close process. It keeps me audit-ready all year long!”Valerie Cardozo
Director of Finance and Compliance
Gain a Full View Into Data and Progress
Full Clarity Going into the Audit
Assure all tasks and reconciliations have been fully prepared and adequately reviewed. A completeness check confirms that all actively reconciled ERP accounts are reflected in FloQast. All supporting documentation is centralized for ease of review. Review notes capture qualitative evidence of review between management and staff both on checklists and reconciliations —automatically roll-forward reconciliations to the following period, ensuring consistency and accuracy going into the next period.
Build Trust in Your Environment
Provide date and time-stamped preparer and reviewer sign-offs. Unique user roles and associated access rights enforce the segregation of duties. Folder locking ensures all work is complete and data integrity is protected. Additional preventive and detective controls, such as audit logs, exist to mitigate risk. Compliance documentation provides auditors comfort with FloQast purpose-built controls.
The FloQast Advantage
By Accountants, for Accountants
Founded by former accountants who understand the biggest challenges to successful audits, FloQast was built to keep your team on track and strengthen your relationships with auditors.
Fast, Easy Implementation
Unlike most enterprise solutions, you can fully deploy and train your team on FloQast in weeks. Avoid costly, months-long implementations and start getting audit-ready.
FloQast Integrates With the Systems You Love
Connect to communication tools like Slack and integrate FloQast with your ERP for full visibility and audit-ready systems across the org.
Explore Other Roles
Chief Accounting Officer
Your team’s most scrutinized audit is most likely its SOX audit. Gain confidence in your control environment and quickly gather PBC requests for the auditors to reduce pain points in SOX compliance.
Controller
Get prepared for any audit with a standardized month-end process. Close your books quickly and accurately every month by automating accounting workflows and tracking Close tasks with a single solution.
Compliance Manager
Before your team is audit-ready, ensure all reconciliations are completed. Think all reconciliations are the same? Think again. Some processes should be automated, while others require manual, but efficient, management.
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Learn How Qualys Inc. Modernized Its SOX Compliance & Improved the Annual Audit with FloQast
Qualys Inc. streamlined and organized SOX compliance by moving the controls documentation, review, and signoffs to FloQast, giving internal and external auditors the ability to look at supporting documentation, review, and sign off
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Demo On-Demand
FloQast automates common accounting workflows helping to streamline and make them more efficient. Whether automating reconciliations, documentation requests, or other workflows such as the month-end close, financial reporting, or payroll, FloQast’s easy-to-use and quick-to-deploy solutions enhance the way accounting teams already work.
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