FloQast™ Variance Analysis is a capability offered with FloQast Close for Finance and Accounting teams who need to manage business and budgetary performance through Flux and Budget variance analysis.
FloQast Variance Analysis offers a better way to perform your flux and budget variance analysis by automating the data collection and sign-off process. Integrated directly into FloQast's Close Management Software and your ERP, FloQast Variance Analysis lets accounting teams work on flux and budget variance analysis even before the Close is complete.
FloQast automatically pulls your reports, notifying you when something is material. Leave explanations in real time as you are completing your reconciliations.
Work with your team — track sign-offs and communication to deliver your variance reports on time.
Get your team out of the weeds and into analysis. Present your CFO board-ready reporting with input from the whole team.
Flux Analysis
Budget Variance Analysis
Automatic Notifications
Collaborate Across Teams
Export Reports
Execute flux analysis during the Close by finalizing account balances with reconciliations, automatically create reports according to thresholds and assignments, then assessing variances from past periods to dive into the story behind the numbers. Execute this detective control with ease to gain further confidence behind your Close.
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Utilize advanced features and customizable budgetary reporting to gain insight into fiscal performance. Compare your final account balances to budgetary amounts for variances in scope based on set thresholds, so your team can provide data-backed explanations to FP&A.
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Reduce your back-and-forth by automatically notifying people when an item needs attention. FloQast flags balance sheets and income statements when materiality thresholds are hit, alerts preparers when a fluctuation needs an explanation, and logs evidence of every sign-off.
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Easily see explanations, leave review notes, and see what’s outstanding. Team members can work on flux and budget variance analysis anytime, share explanations at the individual account or group levels, and use review notes to collaborate efficiently.
Download the Data Sheet
Easily export your flux and budget variance analysis reports to share with your CFO or anyone else needing it. FloQast Variance Analysis summarizes detailed activity into critical highlights, providing detailed information in a digestible format.
Download the Data Sheet
“FloQast completely simplified how we approached the flux. When someone is done with their account, they can go ahead and do their flux; there’s no waiting for someone else to finish.”Eric Domagalski
Automate the generation of flux and budget variance analysis reports with the flexibility to choose a variety of period-over-period reports so your team can focus on crafting thorough explanations for significant changes. Be confident presenting to your Board with a well-crafted story.
Learn MoreCreate and export your flux and budget variance reports to share with your CFO. FloQast Variance Analysis integrates with your ERP to ensure your reports use the most up-to-date numbers. Ensure nothing falls between the cracks during your flux and budget variance analysis processes and ensure accounting records are fully explainable.
Learn MoreFloQast Variance Analysis offers a centralized workspace to manage the entire flux and budget variance analysis, so Controllers have complete visibility into the process. Push notifications alert preparers and reviewers to every fluctuation needing an examination or when something is ready to review, and review notes facilitate communication at an account or financial statement line item level.
Learn MoreUnlock more value from your FloQast Flux investment with FloQast’s suite of seamlessly integrated accounting solutions.
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FloQast Variance Analysis Workflow automates the time-consuming process of building a report while giving you the flexibility to meet your unique business needs.
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