FloQast Named SIIA Business Technology Product CODiE Award Finalist for Best FinTech Solution
May 07, 2019 | By GlobeNewswire
FloQast Close Management Software earns prestigious industry recognition for driving greater efficiency, accuracy and speed in closing monthly financials
Los Angeles, Calif. May 7, 2019 – FloQast, a provider of close management software created by accountants for accountants to close the books faster and more accurately today announced that FloQast’s Close Management Software was named a 2019 SIIA CODiE Awards finalist in the Best FinTech Solution category. Finalists represent the best products, technologies, and services in software, information and business technology.
Traditionally, closing the financial books has been a manual, time-consuming process. With FloQast, corporate accounting teams are streamlining their close processes, reducing the time it takes for their close while improving its accuracy. FloQast seamlessly integrates with an organization’s existing systems like Microsoft Excel, and cloud-based ERPs such as Oracle NetSuite and Sage Intacct and traditional on-premise ones, and is increasingly being deployed as part of an “accounting software troika” comprised of cloud ERP, FP&A and Close Management to modernize and increase the efficiency of corporate accounting departments.
The SIIA CODiE Awards are the premier awards for the software and information industries and have been recognizing product excellence for over 30 years. The awards offer 76 categories that are organized by industry focus of education technology and business technology. The FloQast Close Management solution was honored as one of 137 finalists across the 44 business technology categories.
“The 2019 CODiE Award finalists are some of the most innovative, high-impact products in the market. We are thrilled to place a spotlight on these innovations and the power they have to transform the future of how we do business.” said Jeff Joseph, President of SIIA.
“The entire FloQast organization is honored to be named a CODiE Award finalist for best FinTech solution as it highlights the enormous impact we are having helping corporate accounting teams become more strategic within their organization,” said Mike Whitmire, CPA*, CEO and co-founder of FloQast. “The month end close has historically been a tedious, time consuming and error-prone process for most companies. By empowering Controllers and their teams to better organize their accounting processes, FloQast is helping improve team collaboration and automate manual processes to close the books with unmatched efficiency, speed and accuracy. This means teams have more time to spend on analysis to help improve the business.”
The SIIA CODiE Awards are the industry's only peer-recognized awards program. Business technology leaders including senior executives, analysts, media, consultants and investors evaluate assigned products during the first-round review which determines the finalists. SIIA members then vote on the finalist products and the scores from both rounds are tabulated to select the winners.Winners will be announced during the Business Technology & Company CODiE Award Winner AnnouncementParty immediately following TechConText, June 12 in San Francisco.
Details about each finalist are listed at https://www.siia.net/codie/2019-Finalists.
About the SIIA CODiE™ Awards
The SIIA CODiE Awardsis the only peer-reviewed program to showcase business and education technology’s finest products and services. Since 1986, thousands of products, services and solutions have been recognized for achieving excellence. For more information, visit siia.net/CODiE.
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 hundreds of accounting departments, including those at Twilio, DocuSign, Zillow and The Golden State Warriors. To learn more, visit www.floqast.com and join the conversation on Twitter @floqast.