Gain confidence in controls capture and testing for continuous audit readiness to focus on more value-add activities for risk-adjusted business outcomes.
Empower your team and work more efficiently on one platform.
Gain confidence in your control environment, identify issues faster, and mitigate risks long before audit discovery by integrating controls into your business processes.
Continuously optimize controls by embedding them in the business processes Finance, Accounting, and Internal Audit touch every day, aligning teams around audit objectives and providing the clarity they need to help spot control design gaps.
Always be audit-ready with centralized audit evidence and testing, automating your PBC processes for better transparency, collaboration, and assurance.
Move beyond the time-consuming hassles of prepping for Audit to focus on more strategic, value add activities. Gain a real-time, holistic view into your program status based on accurate data that is easily accessible. Use this visibility to quickly assess your program status, and remediate issues well before audit, so you can go into any Audit with the assurance that your control environment is optimized and ready. Eliminate the need for a separate testing platform for a real-time view of the status of your controls testing and controls effectiveness. Increase your visibility into the progress of process narratives and flowchart uploads for quick status checks to ensure they are in sync with your RCM and quickly identify missing controls.
Push control accountability where it belongs – with business process owners – your front line of defense against fraud and error. Embed controls into business processes so teams can capture financial controls while performing daily tasks like the Close or account reconciliation for clear visibility into control ownership, responsibilities, and execution. Capture time-stamped sign-offs, review comments, and supporting documentation, and enforce control testing. Automate and streamline issue tracking and resolution for continuous control optimization by enabling control owners to capture control issues, track their remediation, and re-test. Match controls to risks for increased risk awareness and understanding, extending risk detection and prevention efforts to Finance and Accounting in addition to Audit.
Make Audit more efficient with reduced cycle times, cleaner data that is easier to access and share, and PBC automation. Build and manage your Risk Control Matrix (RCM) and automatically synchronize to process narratives and flowcharts for centralized storage of audit evidence that is always accurate, current, and in sync, reducing the time and effort needed to prep by accountants and auditors. Capture audit evidence during control execution for a single source of truth, increasing control evidence transparency and eliminating duplicate audit activities and complexity. Make collaboration between teams easier by reducing the number of requests for information and clarifications. Enforce work completion and file integrity with folder locking, preventing unauthorized adjustments.
"When I found out FloQast was working on a module that could help us with our controls and SOX compliance — within FloQast — I was thrilled. Now, we’re able to centralize that work within the tool for one source of truth and more accountability."Brandon Peters
Build world-class accounting operations by modernizing your accounting operations from record to report with FloQast’s centralized platform for increased accuracy, greater visibility, and a single source of truth.
Transition to a platform for the modern accounting team. Gain greater visibility, move faster during the Close, and report confidently to stakeholders with FloQast’s platform for end-to-end accounting operations.
Streamline compliance for real-time visibility into the status of your program, controls, and documentation while maximizing your agility to future-proof against ever-changing rules and regulations.
Enterprise risks are continually increasing. Your internal controls are at the core of how you prevent, detect, and mitigate risks. A mature control environment not only protects your company but your employees and investors as well. Learn how the right technology can set you up with agility and resilience to handle risks today and the risks of tomorrow.
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With Audit-Ready Compliance from FloQast, Finance, Accounting, and Audit can now all work as a unified team which streamlines your entire compliance program, reduces enterprise risk, improves overall compliance posture, and delivers more efficient audits.
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