Automate and accelerate flux analysis to focus on analysis, not data entry.
Performing a monthly flux analysis provides critical insight to financial planning, but all too often is skipped as accounting teams are too busy and must prioritize their scarce time. FloQast Flux automates this time-consuming analysis, quickly alerting your team of actual variances by account.
Explanations are shared at individual account and group levels. Custom account groupings enable such by any way your company likes. Expand and collapse views for deep dives into account detail.
Flux Analysis offers flexible comparison periods, including month-over-month, quarter-over-quarter, and year-over-year comparisons.
Set materiality thresholds for Balance Sheet and Income Statement accounts on a percentage and/or fixed dollar threshold—spend your time on what matters.
When you’re finished with your Flux, share the report along with any explanations to stakeholders outside of FloQast.
“FloQast Flux 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.”
FloQast Close centralizes all month-end checklist items and supporting documents, assign and track all tasks in real-time and collaborate better with review notes. Get real-time notifications and updates in Slack™. Leverage cloud storage and integration with your ERP to automate trial balance tie outs.
Build a reliable flux analysis into your month-end close with FloQast Flux. Material fluctuations are automatically flagged and balances update dynamically. Flux allows your team to automate your fluctuation analysis in minutes rather than days.
Extend FloQast’s native Microsoft Excel and cloud storage integration with FloQast Connect. Seamlessly integrate with mainstream ERPs, such as Oracle, SAP, Microsoft, Workday, and hundreds of other accounting systems.
FloQast AutoRec™ uses artificial intelligence to automate the tedious and time-consuming reconciliation process, saving your team hours or even days each month.
FloQast Analyze provides valuable real-time insight to help improve your close process. Identify close trends and pinpoint gaps or bottlenecks in workload allocation to increase team efficiency and effectiveness.