# BlackLine Financial Close Management vs FloQast Comparison | | BlackLine Financial Close Management | FloQast | |---|---|---| | **Star Rating** | 4.5 out of 5 | 4.6 out of 5 | | **Total Reviews** | 1,068 | 1,410 | | **Largest Market Segment** | Enterprise (58.7% of reviews) | Mid-Market (58.5% of reviews) | | **Entry Level Price** | No pricing available | No pricing available | --- ## Top Pros & Cons ### BlackLine Financial Close Management Pros: - Ease of Use (81 reviews) - Close Process (55 reviews) Cons: - Limited Functionality (22 reviews) - Implementation Difficulties (19 reviews) ### FloQast Pros: - Ease of Use (169 reviews) - Organization (98 reviews) Cons: - Missing Features (48 reviews) - Limited Functionality (35 reviews) --- ## Ratings Comparison | Rating | BlackLine Financial Close Management | FloQast | |---|---|---| | **Meets Requirements** | 8.7 (831 reviews) | 9.1 (1173 reviews) | | **Ease of Use** | 8.6 (854 reviews) | 9.3 (1183 reviews) | | **Ease of Setup** | 7.7 (479 reviews) | 8.9 (638 reviews) | | **Ease of Admin** | 8.0 (443 reviews) | 9.1 (440 reviews) | | **Quality of Support** | 8.6 (792 reviews) | 9.4 (1053 reviews) | | **Has the product been a good partner in doing business?** | 8.8 (435 reviews) | 9.6 (435 reviews) | | **Product Direction (% positive)** | 9.5 (843 reviews) | 9.5 (1120 reviews) | --- ## Pricing ### BlackLine Financial Close Management #### Entry-Level Pricing No pricing available #### Free Trial No information available ### FloQast #### Entry-Level Pricing No pricing available #### Free Trial No information available --- ## Features Comparison By Category ### Accounting | Product | Score | Reviews | |---|---|---| | **BlackLine Financial Close Management** | 7.9/10 | 449 | | **FloQast** | 7.0/10 | 301 | #### General Ledger | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Journal Entries** | 8.4 (285 reviews) ✓ Verified | 6.8 (250 reviews) | | **Tags / Dimensions** | 8.0 (258 reviews) ✓ Verified | 7.6 (256 reviews) | | **Audit Trail** | 8.6 (339 reviews) ✓ Verified | 8.4 (274 reviews) | #### Accounts Receivable | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Invoice Customization** | 7.3 (170 reviews) ✓ Verified | Feature Not Available | | **AR Automation** | 7.5 (166 reviews) ✓ Verified | Feature Not Available | | **Collections Automation** | 7.4 (159 reviews) ✓ Verified | Feature Not Available | #### Accounts Payable | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **AP Automation** | 7.2 (169 reviews) ✓ Verified | Feature Not Available | | **Payment Processing** | 7.4 (161 reviews) ✓ Verified | Feature Not Available | | **Purchase Orders** | 7.1 (157 reviews) ✓ Verified | Feature Not Available | #### Other Functionality | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Inventory Tracking / Ordering** | 7.2 (152 reviews) ✓ Verified | Feature Not Available | | **Inventory Pricing and Costing** | 7.2 (149 reviews) | Feature Not Available | | **Inventory Reporting** | 7.2 (150 reviews) ✓ Verified | Feature Not Available | | **Multi-Entity / Consolidation** | 7.7 (196 reviews) ✓ Verified | 7.2 (241 reviews) | | **Recognition Rules** | 7.7 (189 reviews) ✓ Verified | 6.7 (238 reviews) | | **Reconciliations** | 9.0 (370 reviews) ✓ Verified | 9.0 (275 reviews) | | **Payroll** | 7.4 (150 reviews) ✓ Verified | Feature Not Available | | **Time and Expense** | 7.3 (155 reviews) ✓ Verified | Feature Not Available | #### Reporting & Analytics | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Financial Statements** | 8.1 (194 reviews) ✓ Verified | 7.0 (232 reviews) | | **Custom Reporting** | 8.1 (255 reviews) ✓ Verified | 6.9 (230 reviews) | | **Budgeting / Forecasting** | 7.8 (155 reviews) ✓ Verified | Feature Not Available | | **Dashboards** | 8.1 (307 reviews) ✓ Verified | 8.7 (253 reviews) | #### Platform | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Customization** | 8.0 (291 reviews) ✓ Verified | 7.7 (251 reviews) | | **Workflow Capability** | 8.4 (307 reviews) ✓ Verified | 8.5 (260 reviews) | | **User, Role, and Access Management** | 8.7 (348 reviews) ✓ Verified | 8.7 (263 reviews) | | **Internationalization** | 8.2 (241 reviews) ✓ Verified | 7.4 (225 reviews) | | **Performance and Reliability** | 8.8 (335 reviews) ✓ Verified | 8.9 (268 reviews) | | **Output Document Generation** | 8.3 (264 reviews) ✓ Verified | 7.7 (224 reviews) | #### Integration | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Data Import and Export Tools** | 8.4 (336 reviews) ✓ Verified | 8.2 (246 reviews) | | **Integration APIs** | 8.0 (237 reviews) ✓ Verified | 7.7 (238 reviews) | | **Breadth of Partner Applications** | 8.1 (205 reviews) | 7.3 (222 reviews) | #### Cash Flow | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Track Cash Flow** | 7.5 (122 reviews) ✓ Verified | 6.4 (209 reviews) | | **Income and Expenses** | 7.7 (124 reviews) ✓ Verified | 6.6 (210 reviews) | | **File Exports** | 8.1 (158 reviews) ✓ Verified | 7.3 (213 reviews) | #### Budgeting & Forecasting | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Budgeting / Forecasting** | 7.8 (155 reviews) ✓ Verified | Feature Not Available | | **Data Import** | 8.6 (165 reviews) ✓ Verified | 7.2 (212 reviews) | | **Versioning** | 7.9 (130 reviews) ✓ Verified | 6.5 (206 reviews) | | **Historical Data** | 8.4 (149 reviews) ✓ Verified | 7.0 (206 reviews) | #### Revenue | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Revenue Types** | 7.7 (121 reviews) ✓ Verified | 6.5 (202 reviews) | | **Revenue Allocation** | 7.5 (119 reviews) ✓ Verified | 6.4 (202 reviews) | | **Scheduling** | 8.1 (129 reviews) ✓ Verified | 6.7 (203 reviews) | #### Payroll | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Direct Deposit** | Feature Not Available | 5.5 (184 reviews) | | **Check/W-2 Printing** | Feature Not Available | 5.2 (181 reviews) | | **Tax Calculation** | 7.4 (99 reviews) ✓ Verified | 5.4 (179 reviews) | | **Reporting and Dashboards** | 8.5 (136 reviews) ✓ Verified | 6.9 (186 reviews) | #### AI | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Data Extraction** | 8.3 (26 reviews) | 6.6 (107 reviews) | | **Invoice Processing** | 7.9 (24 reviews) | 6.3 (105 reviews) | | **Expense Management** | 8.1 (25 reviews) | 6.3 (104 reviews) | | **Fraud Detection** | 8.2 (24 reviews) | 6.4 (103 reviews) | | **Tax Compliance** | 8.3 (23 reviews) | 6.3 (102 reviews) | | **Support Chatbots** | 8.1 (24 reviews) | 6.6 (102 reviews) | | **Bank Reconciliations** | 8.7 (25 reviews) | 7.0 (104 reviews) | | **Report Generation** | 8.8 (24 reviews) | 6.7 (103 reviews) | | **Customizable Alerts** | 8.6 (25 reviews) | 6.9 (104 reviews) | | **Predictive Analytics** | 8.4 (24 reviews) | 6.5 (105 reviews) | #### Mobile Applications - Accounting | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Cloud Integration** | Not enough data | 7.3 (81 reviews) | | **Notifications** | 7.7 (5 reviews) | 7.2 (82 reviews) | | **UI** | 6.3 (5 reviews) | 7.2 (81 reviews) | | **Offline** | Not enough data | 6.7 (81 reviews) | | **Expense Tracking** | Not enough data | 6.7 (80 reviews) | | **Invoice Management** | Not enough data | 6.6 (81 reviews) | #### Agentic AI - Accounting | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Autonomous Task Execution** | Not enough data | 7.0 (75 reviews) | ### Financial Close | Product | Score | Reviews | |---|---|---| | **BlackLine Financial Close Management** | 7.8/10 | 314 | | **FloQast** | 7.9/10 | 843 | #### Reconciliation | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Consolidation** | 8.2 (225 reviews) ✓ Verified | 8.3 (653 reviews) ✓ Verified | | **Management** | 8.5 (251 reviews) ✓ Verified | 8.8 (714 reviews) ✓ Verified | | **Accounting** | 8.6 (257 reviews) ✓ Verified | 8.6 (745 reviews) ✓ Verified | #### Reporting | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Report Types** | 8.1 (256 reviews) ✓ Verified | 7.8 (640 reviews) ✓ Verified | | **Standard** | 8.4 (246 reviews) ✓ Verified | 8.1 (643 reviews) ✓ Verified | | **Custom** | 8.1 (239 reviews) ✓ Verified | 7.8 (585 reviews) ✓ Verified | #### Closing Process | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Audit** | 8.6 (249 reviews) ✓ Verified | 8.8 (669 reviews) ✓ Verified | | **Journal Entries** | 8.2 (214 reviews) ✓ Verified | 7.9 (609 reviews) ✓ Verified | | **Distribution** | 7.9 (187 reviews) ✓ Verified | 7.8 (536 reviews) ✓ Verified | #### AI - Financial Close | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Autonomous Task Execution** | 6.6 (33 reviews) | 7.2 (58 reviews) | | **Compliance** | 7.0 (34 reviews) | 7.2 (58 reviews) | | **Reconciliation** | 7.4 (35 reviews) | 7.5 (57 reviews) | | **Data Collection** | 6.8 (33 reviews) | 7.1 (58 reviews) | | **Analysis** | 6.5 (35 reviews) | 7.2 (58 reviews) | ### Audit Management | Product | Score | Reviews | |---|---|---| | **BlackLine Financial Close Management** | N/A | N/A | | **FloQast** | 7.3/10 | 32 | #### Generative AI | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **AI Text Summarization** | Not enough data | 5.7 (25 reviews) | | **AI Text Generation** | Not enough data | 5.9 (25 reviews) | #### Workflows - Audit Management | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Audit Trail** | Not enough data | 8.8 (29 reviews) | | **Recommendations** | Not enough data | 7.8 (27 reviews) | | **Collaboration Tools** | Not enough data | 8.0 (28 reviews) | | **Integrations** | Not enough data | 6.4 (27 reviews) | | **Planning & Scheduling** | Not enough data | 7.0 (26 reviews) | #### Documentation - Audit Management | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Templates & Forms** | Not enough data | 7.2 (26 reviews) | | **Checklists** | Not enough data | 8.2 (28 reviews) | #### Reporting & Analytics - Audit Management | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Dashboard** | Not enough data | 7.7 (27 reviews) | | **Audit Performance** | Not enough data | 7.6 (26 reviews) | | **Industry Compliance** | Not enough data | 7.6 (26 reviews) | ### Financial Reconciliation | Product | Score | Reviews | |---|---|---| | **BlackLine Financial Close Management** | 7.9/10 | 107 | | **FloQast** | 7.7/10 | 303 | #### Reconciliation - Financial Reconciliation | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Automation** | 8.4 (102 reviews) | 8.0 (277 reviews) | | **Bank Statements** | 7.9 (98 reviews) | 7.0 (264 reviews) | | **Exceptions** | 8.0 (93 reviews) | 7.7 (261 reviews) | | **Algorithms** | 7.4 (84 reviews) | 6.9 (258 reviews) | #### Audit - Financial Reconciliation | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Accuracy** | 8.4 (93 reviews) | 8.6 (276 reviews) | | **Compliance** | 8.4 (91 reviews) | 8.4 (274 reviews) | | **Reporting** | 7.9 (88 reviews) | 7.8 (267 reviews) | | **Audit Trail** | 8.5 (92 reviews) | 8.7 (266 reviews) | #### Integrations - Financial Reconciliation | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Accounting** | 8.3 (87 reviews) | 8.5 (275 reviews) | | **Inventory** | 7.3 (77 reviews) | 6.2 (250 reviews) | | **ERP** | 7.8 (82 reviews) | 7.6 (266 reviews) | | **Banking** | 7.6 (79 reviews) | 6.5 (255 reviews) | #### User Permissions and Security - Financial Reconciliation | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Access** | 8.4 (85 reviews) | 8.2 (266 reviews) | | **Authentication** | 8.3 (83 reviews) | 8.2 (267 reviews) | | **Encryption** | 8.4 (79 reviews) | 7.7 (255 reviews) | | **Regulations** | 8.6 (80 reviews) | 7.8 (260 reviews) | #### Agentic AI - Financial Reconciliation | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Autonomous Task Execution** | 5.5 (16 reviews) | 7.3 (57 reviews) | ### Accounting & Finance | Product | Score | Reviews | |---|---|---| | **BlackLine Financial Close Management** | N/A | N/A | | **FloQast** | N/A | N/A | #### Agentic AI - Accounting & Finance | Feature | BlackLine Financial Close Management | FloQast | |---|---|---| | **Autonomous Task Execution** | Not enough data | Not enough data | --- ## Categories **Shared Categories (3):** [Accounting Software](https://www.g2.com/categories/accounting), [Financial Close Software](https://www.g2.com/categories/financial-close), [Financial Reconciliation Software](https://www.g2.com/categories/financial-reconciliation) **Unique to FloQast (1):** [Audit Management Software](https://www.g2.com/categories/audit-management) --- ## Reviewer Demographics ### By Company Size | Segment | BlackLine Financial Close Management | FloQast | |---|---|---| | **Small-Business** | 9.8% | 19.0% | | **Mid-Market** | 31.6% | 58.5% | | **Enterprise** | 58.7% | 22.5% | ### By Industry #### BlackLine Financial Close Management - **Accounting:** 15.5% - **Oil & Energy:** 4.5% - **Financial Services:** 4.2% - **Information Technology and Services:** 4.1% - **Insurance:** 3.5% - **Manufacturing:** 3.5% - **Computer Software:** 3.3% - **Retail:** 3.3% - **Hospital & Health Care:** 3.2% - **Banking:** 3.2% - **Other:** 51.8% #### FloQast - **Accounting:** 22.1% - **Computer Software:** 12.0% - **Information Technology and Services:** 9.0% - **Financial Services:** 4.7% - **Biotechnology:** 3.1% - **Hospital & Health Care:** 2.5% - **Marketing and Advertising:** 2.4% - **Retail:** 2.2% - **Consumer Goods:** 2.0% - **Insurance:** 2.0% - **Other:** 38.1% --- ## Alternatives ### Alternatives to BlackLine Financial Close Management - [Trintech](https://www.g2.com/products/trintech-trintech/reviews) — 4.5/5 stars (534 reviews) - [Vena](https://www.g2.com/products/vena/reviews) — 4.5/5 stars (475 reviews) - [OneStream - Unified EPM](https://www.g2.com/products/onestream-unified-epm/reviews) — 4.6/5 stars (157 reviews) - [NetSuite](https://www.g2.com/products/netsuite/reviews) — 4.1/5 stars (4767 reviews) - [Sage Intacct](https://www.g2.com/products/sage-intacct/reviews) — 4.3/5 stars (4194 reviews) - [Workiva](https://www.g2.com/products/workiva-workiva/reviews) — 4.5/5 stars (2144 reviews) - [Planful](https://www.g2.com/products/planful/reviews) — 4.3/5 stars (496 reviews) - [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) — 4.0/5 stars (3819 reviews) - [CCH Tagetik](https://www.g2.com/products/cch-tagetik/reviews) — 4.3/5 stars (72 reviews) - [RunMyJobs](https://www.g2.com/products/runmyjobs/reviews) — 4.8/5 stars (314 reviews) ### Alternatives to FloQast - [Workiva](https://www.g2.com/products/workiva-workiva/reviews) — 4.5/5 stars (2144 reviews) - [Trintech](https://www.g2.com/products/trintech-trintech/reviews) — 4.5/5 stars (534 reviews) - [Vena](https://www.g2.com/products/vena/reviews) — 4.5/5 stars (475 reviews) - [Sage Intacct](https://www.g2.com/products/sage-intacct/reviews) — 4.3/5 stars (4194 reviews) - [OneStream - Unified EPM](https://www.g2.com/products/onestream-unified-epm/reviews) — 4.6/5 stars (157 reviews) - [Planful](https://www.g2.com/products/planful/reviews) — 4.3/5 stars (496 reviews) - [NetSuite](https://www.g2.com/products/netsuite/reviews) — 4.1/5 stars (4767 reviews) - [Numeric](https://www.g2.com/products/numeric/reviews) — 4.8/5 stars (65 reviews) - [Certinia Financial Management Cloud](https://www.g2.com/products/certinia-financial-management-cloud/reviews) — 4.0/5 stars (437 reviews) - [QuickBooks Desktop Enterprise](https://www.g2.com/products/quickbooks-desktop-enterprise/reviews) — 4.3/5 stars (1056 reviews) --- ## Top Discussions ### BlackLine Financial Close Management - Title: [What is BlackLine in accounting?](https://www.g2.com/discussions/what-is-blackline-in-accounting) — 1 comment > **Top comment:** "Blackline is a tool that gives you ready made templates that are commonly used in accounting; there is lot of automation and set of rules that make your..." - Title: [Does Blackline have a functionality that allows for non-leading ledger reconciliation to leverage on reconciliations already done under the leading ledger?](https://www.g2.com/discussions/34072-does-blackline-have-a-functionality-that-allows-for-non-leading-ledger-reconciliation-to-leverage-on-reconciliations-already-done-under-the-leading-ledger) — 1 comment, 1 upvote > **Top comment:** "In BlackLine's Account Reconciliations there is an associated accounts template to reconcile GL to sub-ledgers. The template is part of the AR solution...." - Title: [What is the best way to use for PBC management?](https://www.g2.com/discussions/what-is-the-best-way-to-use-for-pbc-management) — 1 comment, 1 upvote > **Top comment:** "Hello Mr. Williams, this would require further discussion. Our clients typically utilize Task Management for PBC files, but we would need more information to..." - Title: [On reconciliations how do toggle between the selected period radio button and all items?](https://www.g2.com/discussions/on-reconciliations-how-do-toggle-between-the-selected-period-radio-button-and-all-items) — 1 comment, 1 upvote > **Top comment:** "We would need a little bit more information. We recommend a discussion in person or over the phone to better understand the issue. Your CSM or account owner..." - Title: [interface failing why?](https://www.g2.com/discussions/interface-failing-why) — 1 comment, 1 upvote > **Top comment:** "Hello Sarita, we would need more information. Recommend a discussion in person or over the phone to better understand the issue." ### FloQast - Title: [What is FloQast used for?](https://www.g2.com/discussions/what-is-floqast-used-for) — 1 comment *(includes official response)* > **Top comment:** "FloQast is the industry-leading accounting workflow automation solution, designed by accountants for accountants.Learn more here:..." - Title: [how can I add steps to a task without creating multiple tasks?](https://www.g2.com/discussions/how-can-i-add-steps-to-a-task-without-creating-multiple-tasks) — 1 comment, 1 upvote > **Top comment:** "Free text room on the task to add bullet points of the steps. You won't be able to sign off on them individually but great for instructions." - Title: [Will there be any updates that make the account balance refresh process quicker?](https://www.g2.com/discussions/will-there-be-any-updates-that-make-the-account-balance-refresh-process-quicker) — 1 comment, 1 upvote > **Top comment:** "Hi Mason, thanks for the inquiry! After speaking with your Customer Success Manager about the details of the FloQast integration with your ERP system, we..." - Title: [What is the best way to automate trial balance uploads?](https://www.g2.com/discussions/13723-what-is-the-best-way-to-automate-trial-balance-uploads) — 1 comment, 1 upvote > **Top comment:** "FloQast offers a feature called FloQast Connect that will automate your trial balance uploads. This allows organizations with on-premise legacy or enterprise..." - Title: [How do VPs of Finance use FloQast?](https://www.g2.com/discussions/close-management-software-and-vps-of-finance) — 1 comment, 1 upvote *(includes official response)* > **Top comment:** "FloQast close management software provides VPs of Finance with increased visibility into the status of the close without having to wait. Find out more about..." --- **Source:** [G2.com](https://www.g2.com) | [Comparison Page](https://www.g2.com/compare/blackline-blackline-financial-close-management-vs-floqast)