FloQast Integrates With Slack To Drive Greater Collaboration and Efficiency in Monthly Close

First Close Management Solution to Turn Slack Messages into Close Actions, Extending Company’s Position as the Market Innovator Delivering Unmatched Value to Accounting Teams

LOS ANGELES, October 22, 2019 — FloQast, a provider of close management software created by accountants for accountants to close the books faster and more accurately, today announced it has integrated the FloQast platform with the Slack collaborative hub to empower its customers to further streamline and optimize their month-end close process. With the first of its kind integration, FloQast customers using the new FloQast Slack app can now access and update close information in FloQast directly from a Slack conversation, and receive updates on their FloQast tasks through Slack – essentially turning Slack messages into month-end close actions. As the first financial close software to integrate with Slack, FloQast continues to lead the market in innovation, working within the daily processes and solutions accountants rely on to deliver the most up-to-date and accurate financial information.

FloQast is a comprehensive close management solution for managing the month-end close process, and aligning disparate teams, processes and data in one collaborative platform. FloQast integrates with an organization’s existing systems such as Microsoft Excel and their ERP system. With over 12 millions active desktop and mobile users, Slack has emerged as a critical communications tool across all companies for improving collaboration and unifying previously disconnected departments. More than 60 percent of FloQast’s customers currently use Slack, which made integration with the team messaging application a priority.

“FloQast’s development teams are laser focused on delivering greater capabilities and value to accountants to make their jobs easier, and this requires working with and adapting to the processes and tools that are essential to performing their jobs,” said Cullen Zandstra, co-founder and CTO, FloQast. “With FloQast’s integration with Slack, accountants can now remain focused on the task at hand and work within their daily business process. By continuing to expand the ecosystem of applications with which we work, FloQast continues to remove hours and days from the monthly close, and giving time to accountants to focus on what’s most strategic and important for the business.”

“FloQast’s integration with Slack connects two of the primary tools I use to perform my job as an accountant,” said Tiffany Hanken, accounting manager at Blue River Pet Care. “Rather than jumping from app to app and losing my train of thought, I can complete close actions from within Slack. This makes my team way more productive which results in more efficient processes, and a more accurate and timely month-end close.”

The integration between FloQast and Slack delivers numerous capabilities to make accounting teams more efficient and effective in their daily operations including:

• Real-time notifications: FloQast users can receive timely notifications in Slack for key updates – such as a procedure that’s just been completed and is ready for that user’s review – allowing them to be more efficient with their time.
• Remote Updates: Users can update FloQast directly from Slack, such as replying to a Review Note or changing its status, whether at their desktop or remotely using Slack’s mobile capability. For such changes, FloQast maintains a full audit record of the Review Note, whether updates are made in FloQast or via Slack.
• Queries Through Slack: Users can query FloQast directly from Slack for real-time updates on items such as current late items or a list of tasks due that day.

Plus, utilizing Slack’s mobile app, FloQast users can now securely engage with FloQast while on the go.

The FloQast Slack integration is currently in beta and will be generally available in 30 days. The integration is included in all subscription plans at no additional charge.

To learn more about how FloQast’s innovative close management software helps accounting teams close three days faster, visit floqast.com/products.

About FloQast

FloQast is close management software, created by accountants for accountants to close faster and more accurately. On average, accounting teams who rely on FloQast close three days faster. Seamlessly integrated with ERPs and leveraging existing checklists and Excel, FloQast provides a single place to manage the month-end close and gives everyone visibility. The cloud-based software is trusted by more than 750 accounting departments, including those at Lyft, Twilio, Zoom and The Golden State Warriors. To learn more, visit www.floqast.com and join the conversation on Twitter at @floqast.