FloQast Reconciliation Management

Think All Reconciliations Are the Same? Think Again.

FloQast™ Reconciliation Management is an advanced workflow automation solution that works with FloQast Close to deliver end-to-end account reconciliation management. Increase financial velocity and accuracy of the Financial Close while managing the risk of misstatement.

FloQast Reconciliation Management

FloQast Reconciliation Management allows controllers and their teams to automate and manage the end-to-end reconciliation process with a centralized solution trusted by accountants and auditors worldwide.

Optimize the Reconciliation Strategy and Process

Select an approach that will best address the risks unique to each account, as well as best practices to ensure consistency and continuity as your organization scales.

Choose Your Reconciliation Method

Some processes can and should be automated, while others require manual – but efficient – management. FloQast Reconciliation Management lets you choose the best method for your organization.

Manage All Reconciliations in One Place

FloQast Reconciliation Management provides a single dashboard where you can monitor reconciliations in real time. See a quick summary or dive into the details, check the status of your reconciliations, and understand the impact on your Financial Close.

Explore FloQast Reconciliation Management

Centralized View

AutoRec Transaction Matching

AutoRec Amortization Schedules

Track Reconciling Items

Centralized View

Reconciliation Tracking gives accountants a centralized view of the reconciliation status of each account with balance comparisons, preparers, reviewers, and sign-off dates. FloQast sends automatic notifications when reconciliations are due, items are ready for review, or the platform detects an unexpected out of balance condition.

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AutoRec Transaction Matching

Leverage AI to automate the account reconciliation process and speed up the month-end Close. AutoRec Matching automates the reconciliation process for bank, clearing, credit card, intercompany, and other accounts, saving your team signifiant time by matching thousands of transactions automatically.

Download the Data Sheet

AutoRec Amortization Schedules

AutoRec Amortization lets you set up automatic amortization schedules for prepaid accounts, making it easy to understand how each item is being amortized and ensuring the correct amount and number of months. Easily edit and preview your changes as needed.

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Track Reconciling Items

FloQast’s Reconciling Items feature ensures that all reconciling items are recorded, tracked, and managed in one place. The platform tracks timing and unknown errors, gives reviewers greater visibility into the age and materiality of each reconciling item, and has a documented audit trail of resolution.

Download the Data Sheet
“I saved so much time with AutoRec by not having to do all of the manual keying and manipulation with Excel. The transactions that match up automatically are set aside and I don’t even have to look at them. It gives me more time to focus on other issues or things that might take longer.”
Cassie Blubaugh
GL Accountant

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Experience the Power of Accounting Operational Excellence

Unlock more value from your FloQast Reconciliation Management investment with FloQast’s suite of seamlessly integrated accounting solutions.

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