FloQast Reconciliation Management: Demo-in-Detail

FloQast Reconciliation Management is an end-to-end solution that drives the reconciliation process during the Financial Close with centralized management, clear visibility, automated reconciliations, collaboration, and real-time integrations to ERPs, spreadsheets, Slack/Teams, and cloud storage providers. FloQast Reconciliation manages the reconciliation process from standardizing reconciliation strategy and process, choosing the most effective reconciliation method, booking and adjusting journal entries, tracking reconciliations that don’t tie out, collaborating, capturing controls at the source, and building a centralized repository of supporting documentation. 

FloQast Reconciliation Management helps teams mitigate the risk of material misstatements and execute a faster, more accurate Close confidently. As a result, downstream workflows from the Close, like reporting, compliance, and FP&A, can also run more quickly, with increased confidence and decreased audit costs from enhanced audit readiness.