FloQast Compliance Management logo

FloQast Compliance Management

by FloQast · Since 2013
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ActiveAvailable globallyCloud
Quick facts
VendorFloQast
Year launched2013
StatusActive
LocationFloQast HQ 14721 Califa Street Los Angeles, CA 91411 866-FLOQAST
Countries servedGlobal
Languages8
Integrations6+
Free tier
Free trial
Contact salesYES

About FloQast Compliance Management

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FloQast Compliance Management presents itself as a comprehensive solution for organizations seeking to streamline and enhance their compliance programs. The software's core proposition revolves around centralizing control management, automating key processes, and fostering a culture of accountability. By embedding compliance controls directly into existing business workflows, FloQast aims to make compliance a seamless part of daily operations, rather than a separate, cumbersome task. This approach promises to improve efficiency and reduce the risk of errors and oversights. The emphasis on real-time visibility into program status, testing, and controls effectiveness is a significant advantage, enabling compliance managers to quickly identify and address potential issues. The platform’s ability to synchronize Risk Control Matrices (RCMs) with process narratives and flowcharts ensures that audit evidence is always accurate and up-to-date, minimizing the time and effort required for audit preparation. The feature that enables business process owners to take ownership of compliance tasks is a notable strength.

Pros & Cons

What users like
  • +User-Friendly Interface: Intuitive design facilitates ease of use.​
  • +Comprehensive Integration: Seamlessly connects with various ERP systems.​
  • +Enhanced Collaboration: Built-in tools improve team communication.​
  • +Real-Time Visibility: Dashboards provide up-to-date financial insights.​
  • +Audit Preparedness: Robust audit trails simplify compliance processes.
What users flag
  • Pricing Transparency: Detailed pricing information is not publicly available.​
  • Learning Curve: Initial setup and training may require time.​
  • Customization Limits: Some users may find customization options limited.​
  • Feature Overlap: Certain features may overlap with existing tools.​
  • Mobile Functionality: Mobile access may have limited capabilities.

Features

Key features

1. Close Management
Streamlines the month-end close process for efficiency.
2. Reconciliation Automation
Automates account reconciliations to reduce manual tasks.
3. Compliance Management
Assists in maintaining compliance with regulatory standards.
4. AI Transaction Matching
Utilizes AI to match transactions accurately.
5. Integration with ERP Systems
Seamlessly integrates with various ERP systems for data synchronization.

Additional features

1. Close Management
Streamlines the month-end close process.
2. Reconciliation Automation
Automates account reconciliations.
3. Compliance Management
Assists in maintaining regulatory compliance.
4. AI Transaction Matching
Utilizes AI for accurate transaction matching.
5. Integration with ERP Systems
Synchronizes data with various ERP systems.
6. Real-Time Dashboards
Provides real-time visibility into financial processes.
7. Collaboration Tools
Facilitates team collaboration within the platform.
8. Audit Trail
Maintains detailed logs for auditing purposes.
9. Task Management
Assigns and tracks accounting tasks.
10. Reporting and Analytics
Generates financial reports and analytics.
11. Variance Analysis
Identifies discrepancies in financial data.
12. Document Management
Organizes and stores financial documents securely.
13. Notifications and Alerts
Sends updates on task statuses and deadlines.
14. User Permissions
Controls access levels for different users.
15. Mobile Access
Allows access via mobile devices.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
8
Interface languages
10
Billing currencies

Interface languages

SpanishGermanFrenchItalianPortugueseJapaneseChineseKorean

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇨🇦CAD🇦🇺AUD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇮🇳INR🇧🇷BRL

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