FloQast and PwC Australia Announce Strategic Consulting Relationship to Elevate Financial Transformation Offerings in the Region

New alliance comes on the heels of continued international growth for FloQast; drives greater velocity, accuracy, and audit readiness

May 16, 2024 (SYDNEY) – FloQast, a Finance and Accounting Operations Platform provider created by accountants for accountants, announced today a strategic consulting relationship with PwC Australia, a global leader in assurance, advisory, and tax services. The alliance combines FloQast’s advanced Finance and Accounting Operations Platform with PwC Australia’s deep industry expertise to transform key accounting and finance operations, including the financial Close, compliance management, and internal controls.

Today’s businesses face mounting demands to modernize their accounting and finance functions, with the goal of ensuring greater accuracy and producing actionable insights crucial for shaping organisational direction. This imperative extends to bolstering internal controls to meet regulatory standards, ensure audit preparedness, and fortify business resilience.

FloQast addresses these needs by offering accounting teams a wealth of resources to improve

communication and transparency, automate time-consuming tasks, and assure financial accuracy. This empowers them to work collaboratively, reduce errors, and accelerate record-to-report and compliance management processes. PwC Australia’s deep understanding of finance transformation and optimisation, regulatory environments, and industry-specific challenges will enrich the relationship by providing tailored consulting services to clients seeking greater efficiency and accuracy.

“We are incredibly excited to expand our collaboration with PwC Australia. This relationship reinforces FloQast’s commitment to advancing financial transformation in the region, combining our innovative Finance and Accounting Operations Platform with PwC Australia’s deep industry knowledge and consulting capabilities,” said Jason Toshack, Managing Director of FloQast Australia.” As organisations navigate critical strategic shifts, we are dedicated to supporting our customers on their journey towards financial excellence.”

“We are hugely excited to embark on this journey with FloQast to help businesses in Australia to accelerate their digitisation of finance, transform ways of working and deliver operational excellence,” said Mathea Beck, Partner, PwC Australia “By combining our expertise in system implementation, business transformation and embedding risk and compliance into the design with FloQast’s best-of-breed advanced workflow automation, we aim to deliver comprehensive solutions that address the unique challenges faced by finance teams today.”

Earlier in 2024, FloQast announced a strategic consulting relationship with PwC UK to enhance financial Close solutions in the region. In 2023, PwC Germany also cemented its collaboration with FloQast. This latest collaboration between PwC Australia and FloQast is built upon PwC Australia’s dedication to delivering outstanding client service and FloQast’s commitment to innovation, forming a robust foundation for their strategic relationship.

About FloQast

FloQast, a Finance and Accounting Operations Platform provider created by accountants for accountants, enables organizations to operationalize accounting excellence. Trusted by more than 2,700 accounting teams – including Twilio, Los Angeles Lakers, Zoom, and Snowflake – FloQast enhances the way accounting teams work, enabling customers to streamline and manage the Financial Close, Finance and Accounting Operations, and Compliance Programs. With FloQast, teams can utilize the latest advancements in AI technology to manage every aspect of the month-end Close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration throughout the financial function. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com.

About PwC Australia

At PwC Australia, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with over 327,000 people who are committed to delivering quality in assurance, advisory and tax services.

The term PwC Australia refers to the PwC Australia network and/or one or more of the legally independent network companies. Further details at www.pwc.com/structure.

Contact:

Kyle Cabodi

FloQast Director of Corporate Communications

kyle.cabodi@floqast.com