FloQast Stock

Founded by former CPAs, FloQast stands out in the tech landscape as a robust solution tailored for accounting teams. Its inception was driven by the founders' firsthand experiences of the inefficiencies in traditional financial close processes and their vision to create a more streamlined, automated solution. FloQast's platform leverages AI to reduce time-consuming tasks like reconciliations and data verification, offering features like FloQast Close, Reconciliation Management, and Variance Analysis. The software provides a unified platform that integrates seamlessly with major ERP systems such as Oracle NetSuite, Sage Intacct, and Microsoft. This integration capability is coupled with features that enhance scalability, trust, security, and usability, making it a versatile tool for financial teams of various sizes and industries. FloQast also emphasizes the importance of security and trust, incorporating rigorous compliance measures to protect sensitive financial data. As a community-focused company, FloQast operates FloVerse, a community and FloQademy, an educational resource that offers over 100+ hours of free CPE, aimed at fostering continuous learning and development among finance professionals. These initiatives reflect the company's commitment to not just enhancing accounting practices through technology but also through skill development and community building. FloQast's commitment to innovation and user-centric design has garnered trust and recognition globally. Its platform has demonstrated substantial improvements in operational efficiencies for its users, which include noticeable reductions in the time required for financial closings and reconciliations, as well as enhancements in the accuracy of financial reports. This has established FloQast as a leader in streamlining and improving the reliability of accounting processes.