FloQast's Integrated Record-to-Report solution streamlines the entire financial process, from close to report, driving efficiency and strategic insight. It simplifies consolidation, drafts financial statements, automates variance analysis, and speeds up reporting. This leads to greater accuracy, lowers the risk of adjustments, and reduces overall reporting time. The platform centralizes financial processes, seamlessly connecting consolidation, financial statements, and variance reporting for a single source of truth. It empowers reporting teams with real-time visibility into financial statement status by line item, allows tracing back to supporting documentation to minimize adjustments, and uses AI-powered variance analysis to drive informed, timely business decisions. By automating cross-entity transactions and simplifying complex reconciliations, FloQast speeds up the close with flawless intercompany processes. The platform integrates with personal collaboration tools like email, Slack, and Teams, improving collaboration with clearly defined tasks, roles, and deadlines.

Features:

• Accelerate R2R Process: Slash reporting time by over 35% with our integrated platform. Streamline consolidation, automate variance analysis, and generate accurate financial statements faster than ever before.
• Reduction in Tech Stack: Reduce system usage by centralizing your financial processes. Seamlessly connect consolidation, financial statements, and variance reporting for a single source of truth.
• Empower Strategic Decision-Making: Provide reporting teams with real-time visibility into financial statement status by line item, trace back to supporting documentation to minimize adjustments, and use AI-powered variance analysis to drive informed, timely business decisions.