Automate Your Manual Processes

Automate Your Trial Balance Tie-Outs

  • Eliminate manual ticking and tying. FloQast integrates with your ERP to automatically match amounts in your Excel reconciliation workbooks to the trial balance.
  • Get automatic email alerts whenever an account goes out of balance with the corresponding reconciliation.
  • Run a completeness check to ensure that any new accounts added to your GL are being reconciled and tied out. Don’t get caught off guard at the end of the year.

Automate Reconciliations

  • Manual transaction matching is a highly-repetitive, tedious process. FloQast Matching uses artificial intelligence (AI) to expedite the reconciliation process, saving your team hours or even days each month.
  • Easy to set up and start using in just minutes thanks to pre-configured matching patterns and Microsoft Excel integration.
  • Auto-generate Excel reconciliations with the account reconciliation already prepared, along with the supporting details for easy auditing.

Automate Analysis

  • Leverage FloQast Flux Analysis to understand if a GL balance has materially changed from one period to another by a percentage or fixed amount.
  • Stop exporting to Excel — add explanatory text for material variances directly within FloQast. Group accounts any way you like.
  • Work on Flux Analysis any time. There’s no need to wait until the close is complete. Balances update dynamically.

Automate Compliance

  • Grant appropriate access with granular user type definitions.
  • Prevent changes to reconciliations and documentation for closed periods by locking down folders with one click.
  • Automatically maintain an exhaustive audit trail of checklist item assignment, progress, and completion.

Related Resources

Webinar

Automating Your Team's Most Tedious Work with Artificial Intelligence

Blake Oliver, Accounting Technologist and “40 Under 40” and Erika Heckscher, Product Manager of FloQast discuss what you need to know about AI in accounting and how you can start leveraging solutions taking advantage of the technology for increased efficiencies and improved operations.
Access Webinar

Featured Product

FloQast Matching - Our AI Matching Module

Manual transaction matching is a highly-repetitive, tedious process. FloQast Matching uses artificial intelligence (AI) to expedite the reconciliation process, saving your team hours or even days each month.
See Demo

Research

Understanding the Modern Controller: A Survey of Financial Controllers

The role of the financial controller is transforming. In fact, 95 percent of controllers say that their role has become increasingly important and strategic, and over two-thirds characterize the controller as a “risk manager” versus a “number cruncher.”
Access Report

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