FloQast Features
General Ledger (3)
Journal Entries
Based on 252 FloQast reviews. Increases user efficiency by auto-populating based on previously entered information. Schedules future entries. Allows Journal Entries to be uploaded from an external source.
Tags / Dimensions
As reported in 258 FloQast reviews. Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc. These dimensions should be available on any transaction in any module in the system and available to be reported upon.
Audit Trail
As reported in 273 FloQast reviews. Automates chronological tracking of transactions that have affected a specific operation, procedure, event or record
Other Functionality (3)
Multi-Entity / Consolidation
Multi-ledger and multi-tenant architecture. Automated consolidations, inter-entity transactions and eliminations 243 reviewers of FloQast have provided feedback on this feature.
Recognition Rules
Automates recognition of revenue and expenses by defining recognition rules. This feature was mentioned in 240 FloQast reviews.
Reconciliations
Transactions are imported from source systems and automated matching reconciles majority of transactions. Includes user flexible, user defined matching and grouping rules to help reduce the time needed to produce accurate reconciliations. This feature was mentioned in 275 FloQast reviews.
Reporting & Analytics (3)
Financial Statements
As reported in 234 FloQast reviews. General reporting offered covers all of the standard financial statements and meets the basic needs of the business
Custom Reporting
Reports created by the user to cater to specific requirements. If you can build it in Excel, you can build it in the custom report writer 232 reviewers of FloQast have provided feedback on this feature.
Dashboards
Based on 254 FloQast reviews. An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization's Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance
Platform (6)
Customization
Allows administrators to customize to accommodate their unique process. Includes ability to create custom objects, fields, rules, calculations, and views. 253 reviewers of FloQast have provided feedback on this feature.
Workflow Capability
Automates a process that requires a series of steps that typically require intervention by several different users. Administrators can write rules to determine who and when a user needs to complete a step. Also includes notification of users when they need to take action. 261 reviewers of FloQast have provided feedback on this feature.
User, Role, and Access Management
Grants access to select data, features, objects, etc. based on the users, user role, groups, etc. This feature was mentioned in 265 FloQast reviews.
Internationalization
As reported in 227 FloQast reviews. Enables users to view and transact business with the same content in multiple languages and currencies.
Performance and Reliability
Based on 267 FloQast reviews. Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.
Output Document Generation
As reported in 226 FloQast reviews. Allows administrators to create templates that enable users to quickly generate dynamic documents in various formats based on the data stored in the application.
Integration (3)
Data Import and Export Tools
As reported in 247 FloQast reviews. Ability to input, modify and extract data from the application in bulk through a structured file.
Integration APIs
As reported in 239 FloQast reviews. Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications.
Breadth of Partner Applications
To what extent are there partner applications readily available for integrating into this product? Partner applications typically provide complementary, best of breed functionality not offered natively in this product. This feature was mentioned in 223 FloQast reviews.
Cash Flow (3)
Track Cash Flow
Check cash on hand at the beginning of each month and view each day’s incoming and outgoing funds. 211 reviewers of FloQast have provided feedback on this feature.
Income and Expenses
Add one-time or recurring cash flow items and add line items for each payment or deposit. This feature was mentioned in 212 FloQast reviews.
File Exports
As reported in 215 FloQast reviews. Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis.
Budgeting & Forecasting (3)
Data Import
Import trial balance, monthly P&L, balance sheets, and other types of financial data This feature was mentioned in 214 FloQast reviews.
Versioning
As reported in 208 FloQast reviews. Keeps track of all versions of a budget and allows users to compare versions
Historical Data
Forecasting is based on past transactions and historical financial or operational data This feature was mentioned in 208 FloQast reviews.
Revenue (3)
Revenue Types
Supports multiple types of revenues, such as recurring and transaction based 204 reviewers of FloQast have provided feedback on this feature.
Revenue Allocation
As reported in 204 FloQast reviews. Allows users to allocate revenues to various business entities or departments
Scheduling
Based on 205 FloQast reviews. Automatic scheduling to ensure that revenue is recognized at the proper time
Reconciliation (3)
Consolidation
Based on 654 FloQast reviews and verified by the G2 Product R&D team. Data from multiple systems can be centralized into a single repository
Management
Based on 715 FloQast reviews and verified by the G2 Product R&D team. Financial information can be imported from multiple sources such as spreadsheets, text files, or databases
Accounting
Based on 746 FloQast reviews and verified by the G2 Product R&D team. Match invoices, payments, and bank statement information
Reporting (3)
Report Types
Based on 641 FloQast reviews and verified by the G2 Product R&D team. Provide multiple types of reports such as point-in-time snapshot reports, or year over year
Standard
Based on 644 FloQast reviews and verified by the G2 Product R&D team. Offers standard financial reports out of the box
Custom
Based on 586 FloQast reviews and verified by the G2 Product R&D team. Allows users to edit reports and to combine multiple reports
Closing Process (3)
Audit
Based on 670 FloQast reviews and verified by the G2 Product R&D team. Creates workflows to assign tasks for audit and inspections, monitor work in progress, timelines, and approvals.
Journal Entries
Based on 610 FloQast reviews and verified by the G2 Product R&D team. Adjusts journal entries in order to have an accurate balance sheet and income statement
Distribution
Based on 537 FloQast reviews and verified by the G2 Product R&D team. Financial statements and statistical reports (such as KPI) can be assembled into financial packages
Payroll (4)
Direct Deposit
Automatically deposits paychecks into employees' bank accounts. 186 reviewers of FloQast have provided feedback on this feature.
Check/W-2 Printing
Based on 183 FloQast reviews. Allows administrators to print valid paychecks and W-2 forms.
Tax Calculation
Based on 180 FloQast reviews. Calculates taxes due and may include resources or tools for federal and state tax compliance.
Reporting and Dashboards
Based on 188 FloQast reviews. Access pre-built and custom reports and dashboards to track payroll costs and for compliance purposes.
Generative AI (2)
AI Text Summarization
As reported in 26 FloQast reviews. Condenses long documents or text into a brief summary.
AI Text Generation
Based on 26 FloQast reviews. Allows users to generate text based on a text prompt.
Reconciliation - Financial Reconciliation (4)
Automation
As reported in 279 FloQast reviews. Automates the process of comparing financial transactions between different accounts, statements, or systems
Bank Statements
Helps match transactions recorded in the company's books with those in the bank statement 266 reviewers of FloQast have provided feedback on this feature.
Exceptions
Alerts users when exceptions and discrepencies can't automatically be resolved 263 reviewers of FloQast have provided feedback on this feature.
Algorithms
Uses algorithms, such as rule-based matching, fuzzy logic, or machine learning techniques to help with comparing large sets of data This feature was mentioned in 260 FloQast reviews.
Audit - Financial Reconciliation (4)
Accuracy
Ensures that financial records are accurate and precise, reducing the chances of errors that could lead to audit issues 277 reviewers of FloQast have provided feedback on this feature.
Compliance
Meets industry-specific compliance requirements and supports regulatory standards 276 reviewers of FloQast have provided feedback on this feature.
Reporting
Offeres customizable reporting features to provide a clear overview of the financial reconciliation process and any issues that may need attention 269 reviewers of FloQast have provided feedback on this feature.
Audit Trail
Provides a detailed history of reconciliations and supports the accuracy of financial records This feature was mentioned in 268 FloQast reviews.
Integrations - Financial Reconciliation (4)
Accounting
Based on 277 FloQast reviews. Integrates with accounting platforms to allow the import and reconciliation of financial data
Inventory
Based on 252 FloQast reviews. Integrates with inventory management systems to help reconcile financial data related to product movements, purchases, and sales
ERP
As reported in 267 FloQast reviews. Integrates with ERP systems to reconcile financial data across various modules and departments
Banking
As reported in 257 FloQast reviews. Integrates with banking systems to import and match bank transactions
User Permissions and Security - Financial Reconciliation (4)
Access
Offers role-based access control (RBAC) allowing administrators to define roles with specific sets of permissions 268 reviewers of FloQast have provided feedback on this feature.
Authentication
Uses features such as multi-factor authentication (MFA) to help ensure that only authorized users can access the software 269 reviewers of FloQast have provided feedback on this feature.
Encryption
Based on 257 FloQast reviews. Has encryption techniques to prevent unauthorized access or interception of data
Regulations
Based on 262 FloQast reviews. Complys with regulations and standards, such as Sarbanes-Oxley (SOX), GDPR, or HIPAA
Workflows - Audit Management (5)
Audit Trail
Based on 30 FloQast reviews. Displays all the changes made during audits, including details such as username, timestamp, or type of change in a centralized repository.
Recommendations
Coordinate and track recommended remediation actions. This feature was mentioned in 28 FloQast reviews.
Collaboration Tools
Facilitates collaboration between teams and stakeholders through shared workspaces. 29 reviewers of FloQast have provided feedback on this feature.
Integrations
As reported in 28 FloQast reviews. Integrates with risk management platforms, GRC tools, and other systems.
Planning & Scheduling
Based on 27 FloQast reviews. Facilitates the creation of audit plans, schedules, and reminders.
Documentation - Audit Management (2)
Templates & Forms
Based on 27 FloQast reviews. Provide out of the box audit templates and forms for various processes and industries.
Checklists
Provides checklists 28 reviewers of FloQast have provided feedback on this feature.
Reporting & Analytics - Audit Management (3)
Dashboard
Based on 28 FloQast reviews. Dashboard provides real time or near real time updates and notifications in a centralized location.
Audit Performance
As reported in 27 FloQast reviews. Provide information on the performance of the audit activities and processes.
Industry Compliance
Ensures audits are compliant with industry-specific regulations and standards. 27 reviewers of FloQast have provided feedback on this feature.
AI (10)
Data Extraction
Uses AI to automatically input data from receipts, invoices, and other documents This feature was mentioned in 109 FloQast reviews.
Invoice Processing
Uses AI to generates, send, and track invoices 107 reviewers of FloQast have provided feedback on this feature.
Expense Management
As reported in 106 FloQast reviews. Uses AI to categorize expenses, detect anomalies, and provide insights on spending patterns
Fraud Detection
Uses AI to detect unusual patterns and flag potential fraudulent activities in real-time 105 reviewers of FloQast have provided feedback on this feature.
Tax Compliance
Based on 104 FloQast reviews. Uses AI to assist in calculating taxes, ensuring compliance with changing tax regulations, and automate the preparation of tax returns
Support Chatbots
Uses AI and NLP-powered chatbots to provide customer support and assist with queries regarding financial data and reports 104 reviewers of FloQast have provided feedback on this feature.
Bank Reconciliations
Based on 106 FloQast reviews. Uses AI to match transactions recorded in the accounting system with those in bank statements
Report Generation
Uses AI to generate detailed financial reports, dashboards, and visualizations to provide insights into the financial health of the business 105 reviewers of FloQast have provided feedback on this feature.
Customizable Alerts
Based on 106 FloQast reviews. Uses AI to set up alerts for various financial activities, such as payment due dates or low cash balances
Predictive Analytics
Based on 107 FloQast reviews. Uses AI to analyze data to identify trends and make predictions
Mobile Applications - Accounting (6)
Cloud Integration
As reported in 83 FloQast reviews. Enables synchronization of accounting data across devices in real-time
Notifications
As reported in 84 FloQast reviews. Send push notifications for important updates, such as due dates, invoice statuses, or tax deadlines
UI
As reported in 83 FloQast reviews. Simplifies interfaces to be user-friendly and tailored for smaller screens, such as mobile phones and tables
Offline
Based on 83 FloQast reviews. Allows users to view and update certain data without an internet connection
Expense Tracking
Based on 82 FloQast reviews. Allows users to capture and upload expense receipts directly from mobile devices
Invoice Management
Enables creation, editing, and sending of invoices 83 reviewers of FloQast have provided feedback on this feature.
Agentic AI - Financial Reconciliation (1)
Autonomous Task Execution
As reported in 59 FloQast reviews. Capability to perform complex tasks without constant human input
Agentic AI - Accounting (1)
Autonomous Task Execution
Based on 77 FloQast reviews. Capability to perform complex tasks without constant human input
AI - Financial Close (5)
Autonomous Task Execution
Capability to perform complex tasks without constant human input 59 reviewers of FloQast have provided feedback on this feature.
Compliance
Uses AI to ensure the following of rules and creates detailed audit trails which helps compliance and audit preparation. This feature was mentioned in 59 FloQast reviews.
Reconciliation
As reported in 58 FloQast reviews. Uses AI to match transactions across accounts and systems, and flag exceptions and discrepencies.
Data Collection
Based on 59 FloQast reviews. Uses AI to extract, clean, and validate financial data from disparate sources, while identifying errors and inconsistencies.
Analysis
As reported in 59 FloQast reviews. Generates AI-assisted financial reports and provides thorough analytical insights.





