About FloQast
FloQast is accounting workflow software that helps finance teams run the month end close, manage reconciliations and prepare for audits, with an AI layer for automation. Close Management brings the close checklist, account reconciliations, accounting operations and projects into one place, with an AI assistant that answers questions and helps prepare and review work. It integrates with ERP systems and with collaboration tools such as Slack, Microsoft Teams, Box, Dropbox, Google Drive, OneDrive and SharePoint.
Close AI builds on that with AI agents, prebuilt or custom, that take over repeatable workflows. It matches high volume transactions with AI, including three way matching, automates amortization, depreciation and subledger reconciliations, posts journal entries automatically, flags anomalous transactions for review, and explains account variances. The vendor says generative AI governance follows COSO requirements, and accountants control what the AI runs. Risk and Compliance is a separate module for designing, testing and remediating controls, mapping them across frameworks and keeping evidence ready for audit, including evidence from AI actions.
It is built for controllers, accounting teams and finance leaders at mid size and large companies. FloQast states that pricing is not charged per user and is instead packaged around value. The three packages are Close Management, Close AI, which includes Close Management, and Risk and Compliance, which can be bought alone or with a Close package. No prices are listed, and each package is quoted through the sales team.