Controllers are constantly challenged to Close faster, yet rarely have the visibility to identify and remove bottlenecks. FloQast™ Analyze helps you find opportunities to optimize your workload and visualize your progress against Close deadlines.
FloQast Analyze gives you full visibility into the Close process, eliminating the need for constant meetings and status reports and identifying gaps before they impact your progress.
Identify how Close-related trends are progressing over time. FloQast helps you use historical financial data to promote a culture of accountability and continuous improvement.
Leverage analytics tools to pinpoint gaps or bottlenecks in workload allocation, allowing you to more effectively manage your team without having to micromanage.
Obtain real-time insight as to whether your Close is ahead of or behind schedule. Instantly access data for detailed management reports.
All Entities View
Current Close Dashboard
Filtered Views
Retrospective & Close Trends
View each entity’s progress toward Close completion on a single-page summary, including which entities have successfully Closed their books, are on track to get there, or are already late.
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See how your current Close is progressing against set deadlines for checklist items and reconciliations. As long as the blue shaded area is above the gold pace line, you’re on track to close on time.
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Filter your data by process, custom tags, checklist or prepared items, reconciliation status, and reviews to see the most relevant information. FloQast makes it easy to isolate high-risk or top priority Close items and visually display the root cause of bottlenecks.
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Find ways to improve your close process by analyzing historical data and identifying ongoing trends. You can filter and export your Close data into a pivot-friendly, analysis-ready format for an easier way to get valuable insights that improve future Closes.
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“I know FloQast is giving me a true representation of where we’re at with the Close. I’m not wasting my time — or anyone else’s — trying to figure out where we’re at with the Close. It’s easy to see our progress, and it takes a lot of stress away.”Kyle Ewen
FloQast Analyze gives you real-time insight into your organization’s accounting function to drive efficient meetings. Gain data-backed insight into why your month-end Close is ahead of or behind schedule. Understand where there are bottlenecks so you can take action and receive immediate feedback on process improvement initiatives.
Learn MoreUnderstand the team’s workload balance and performance to maximize process efficiency and improve future Closes. Take note of what’s completed on time, what’s late, and where staff spends their time, even in a remote work environment.
Learn MoreStop relying on guesswork and pinpoint the root cause of any bottlenecks in the Close process, enabling you to make immediate improvements for your team. Receive data-backed insight on process improvement initiatives to drive more effective change in your environment.
Learn MoreUnlock more value from your FloQast Analyze investment with FloQast’s suite of seamlessly integrated accounting solutions.
Give teams the flexibility to choose the most effective reconciliation method for each account. AutoRec Matching automates the reconciliation process for bank, clearing, and other accounts, saving your team significant time by matching thousands of transactions automatically. AutoRec Amortization sets up automatic amortization schedules for prepaid accounts.
With FloQast Ops, you can see the status of all accounting operations from upstream workflows like accounts payable, to downstream workflows like SEC reporting. This allows you greater operational control, improved workload management, and enhanced transparency across all accounting operations.
Accelerate your time to Close with FloQast ReMind, our request management workflow solution. Automate time-consuming requests for information and tasks to deliver faster execution of workflows and increased visibility into bottlenecks during the Close.
The month-end Close is a labor-intensive and highly manual process. This guide illustrates the ways teams can organize people, process, documents, and reconciliations to streamline the Close and ensure accuracy on a consistent basis.
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Utilize FloQast Analyze to pinpoint gaps and bottlenecks in work allocation to more effectively manage your team without micromanaging them.
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