Fractional Controller at a outsourcing company with 1-10 employees
Real User
Top 20
Oct 1, 2026
FloQast can be improved regarding the data from reconciliation itself. It takes a minute or some time to pull the data from the reconciliation using the hashtag, and that can be improved. I feel that moving documents from one folder to the next month's folder is slightly confusing if somebody added a document in the existing folder. Carrying forward the documents can be confusing or time-consuming in certain cases. Regarding FloQast's AI capabilities, I have used the AI reconciliations, and it is good. I think it can be improved and can be much better. It sometimes has issues reconciling very complex transactions where multiple payments went out in multiple tranches, for example, payroll. It sometimes has difficulty reconciling the payroll transactions with the bank transactions. However, I think it is a good start, and they have a long way to go.
FloQast could be improved with more robust automations, meaning if a reviewer marks it reviewed in the support, that could be reflected in FloQast as well, and vice versa.
I think FloQast could be improved, especially their flux module, by having a more powerful feature to allow teams to flux at a more granular level, such as a vendor level detail flux.
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Effective Financial Close Software provides comprehensive reconciliation tools, workflow automation, and integrated analytics. It allows organizations to collaborate seamlessly across departments, improving the accuracy and integrity of financial data....
FloQast can be improved regarding the data from reconciliation itself. It takes a minute or some time to pull the data from the reconciliation using the hashtag, and that can be improved. I feel that moving documents from one folder to the next month's folder is slightly confusing if somebody added a document in the existing folder. Carrying forward the documents can be confusing or time-consuming in certain cases. Regarding FloQast's AI capabilities, I have used the AI reconciliations, and it is good. I think it can be improved and can be much better. It sometimes has issues reconciling very complex transactions where multiple payments went out in multiple tranches, for example, payroll. It sometimes has difficulty reconciling the payroll transactions with the bank transactions. However, I think it is a good start, and they have a long way to go.
FloQast could be improved with more robust automations, meaning if a reviewer marks it reviewed in the support, that could be reflected in FloQast as well, and vice versa.
I think FloQast could be improved, especially their flux module, by having a more powerful feature to allow teams to flux at a more granular level, such as a vendor level detail flux.