FloQast
by FloQast, Inc. · Financial Close & Consolidation
Close management platform for accounting teams, with AI reconciliation and SOX controls.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Works with
NetSuite
SAP S/4HANA
Microsoft Dynamics 365 Business Central
Sage Intacct
Oracle
WorkdayQuickBooksXero- Deployment
- Cloud
- Company size
- Mid-market, Enterprise
- Pricing
- Annual subscription, quote-based by accounting-team size
- Founded
- 2013
- Headquarters
- Los Angeles, United States
Overview
FloQast is a close management and compliance platform built for corporate accounting teams, founded in 2013 by CPAs Mike Whitmire and Chris Sluty. It layers over a company's existing ERP and Excel workbooks to organize the month-end close into checklists, automate account reconciliations, and manage SOX and related compliance work from one place.
The product is organized around close orchestration (task assignment, sign-offs, real-time collaboration, dashboards), automated reconciliations under the AutoRec brand (AI transaction matching, amortization/depreciation calculation, balance tie-outs), journal entry and variance workflows, and a Connected Compliance module that centralizes SOX control evidence collection, risk scoring, and controls testing across multiple frameworks. FloQast has more recently added configurable, no-code AI agents for tasks such as data consolidation, lease and debt schedules, and commission calculations.
FloQast reports serving 2,600+ accounting teams globally, including Twilio, Zoom, Snowflake, Instacart, HubSpot and PulteGroup, and holds SOC 2 Type II, ISO 27001 and ISO 27701 certifications alongside an early ISO 42001 AI-governance certification.
Screenshots & demo
Demo video from the vendor's YouTube channel.
Modules & capabilities
FloQast covers 27 of 50 capabilities we track in this category (+1 partial)
54%- Close checklist & task templatesClose checklist and task management with dependenciesCore strength
- Task dependencies & sequencingCore strength
- Role-based task assignment & ownershipRole-based assignment of individual or collective close tasksCore strength
- Sign-off / certification workflowReview and sign-off workflowsCore strength
- SOX / internal controls trackingMulti-framework control mapping (SOX, SOC 2, ISO, GDPR)Core strength
- Close calendar & milestone trackingClose calendar with milestone trackingCore strength
- Supporting documentation & evidence attachmentCentralized audit trail and evidence linkage for auditorsCore strength
“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
Common use cases
- Standardizing and centralizing the month-end close checklist across a multi-entity accounting team
- Automating reconciliation of high-volume subledger accounts such as prepaid expenses and deferred revenue against the GL
- Centralizing SOX control evidence collection tied directly to close tasks ahead of an external audit
- Reducing duplicate control testing by mapping one control to multiple compliance frameworks such as SOX, SOC 2 and ISO
- Connecting NetSuite, SAP S/4HANA or Dynamics 365 Business Central to Excel-based reconciliation workpapers without custom scripting
- Giving external auditors read-only access to close evidence and sign-offs to shorten the annual audit
- Automating repetitive journal entries and flux/variance analysis during close
Strengths & considerations
Strengths
- Built for NetSuite verified SuiteApp and an SAP-certified integration (built on SAP Business Technology Platform) for S/4HANA, rather than third-party middleware
- Combines close management, automated reconciliation (AutoRec) and SOX/compliance (Connected Compliance) on one platform instead of separate point tools
- Founded and led by CPAs (Mike Whitmire, Chris Sluty), positioned around how accounting teams already work in Excel rather than replacing it
- Holds ISO 42001 AI-governance certification alongside SOC 2 Type II, ISO 27001 and ISO 27701
- Reports automating 65%+ of controls in real time for customers who combine the Close and Connected Compliance modules
Considerations
- Pricing is not published and requires a sales demo, driven by modules selected, close/reconciliation volume and team size
- Third-party implementation reviews note that checklist-driven close can add overhead for organizations with very large numbers of legal entities, positioning FloQast most strongly for mid-market rather than the most complex enterprise structures
Used FloQast with your ERP? Rate it in 30 seconds — it helps every buyer after you.
Rate itERP integrations
Built for NetSuite verified SuiteApp; connects via native NetSuite APIs to pull trial balance data.
SAP Store listing; SAP-certified integration with SAP S/4HANA Cloud, Private Cloud and SAP ECC.
Certified AppSource listing for Dynamics 365 Business Central; FloQast Connect also covers GP, AX and NAV.
Vendor-documented native integration pulling trial balance data from Sage Intacct.
Covers Oracle Fusion Cloud ERP in addition to Oracle NetSuite per vendor's ERP integrations page.
Listed among FloQast's supported ERP integrations for pulling trial balance data.
Listed among FloQast's supported ERP integrations for pulling trial balance data.
Listed among FloQast's supported ERP integrations for pulling trial balance data.
Connector details independently verified against vendor marketplaces and documentation; last checked 2026-08-20.
Pricing
Full FloQast pricing breakdown — cost at 25/100/500 seats, competitor rates & FAQs
FloQast is quote-based, with reported pricing starting around $30,000 a year and running to about $80,000. Buyer data puts SMB contracts averaging roughly $43,000 and enterprise around $74,000. Pricing keys off the size of the accounting team and the modules taken — close management, reconciliations, compliance and variance analysis — rather than company-wide headcount. It is consistently cheaper than BlackLine at comparable scope, which is the main reason mid-market finance teams shortlist it. Get an independent shortlist with pricing guidance below.
What does FloQast cost?
FloQast prices by quote, like most of this category. Here is what actually drives your number — and what to ask before you get one.
7 of the 12 vendors we track in this category publish no list price at all.
Technical & security
- Hosting
- SaaS (multi-tenant)
- Compliance
- SOC 2 Type II, ISO 27001, ISO 27701, ISO 42001
About the vendor
- Founded
- 2013
- Headquarters
- Los Angeles, United States
- Employees
- 600+
- Ownership
- Private (venture-backed; $100M Series E led by ICONIQ Growth at a $1.6B valuation, April 2024)
- Notable customers
- Twilio, Zoom, Instacart, HubSpot, Cricut, PulteGroup
Alternatives to FloQast in Financial Close & Consolidation
FloQast — frequently asked questions
Does FloQast integrate with NetSuite?
Yes. FloQast is a Built for NetSuite verified SuiteApp that connects to NetSuite financial data via native NetSuite APIs, without third-party middleware, to power reconciliations and close tasks.
Does FloQast work with SAP S/4HANA?
Yes. FloQast holds an SAP-certified integration, built on SAP Business Technology Platform using SAP Integration Suite, for SAP S/4HANA Cloud Public Edition, and also connects to SAP S/4HANA Private Cloud and SAP ECC.
What compliance certifications does FloQast hold?
FloQast holds SOC 2 Type II, ISO 27001 and ISO 27701 certifications, and describes itself as an early adopter of ISO 42001, the AI management standard, covering governance of its AI features.
How is FloQast priced?
FloQast does not publish pricing. It is sold through a demo-led sales process with quotes based on the modules selected, close/reconciliation volume and team size, typically on annual contracts.
What does FloQast's Connected Compliance module cover?
It centralizes SOX and related compliance work: automated evidence collection linked to close tasks, risk scoring and heatmaps, AI-assisted controls testing, and mapping of a single control to multiple frameworks such as SOX, SOC 2 and ISO to cut duplicate testing.
Compare FloQast head-to-head
The Financial Close & Consolidation Buyer's Guide
Before you commit to FloQast, see how it sits against the 12 financial close & consolidation systems we track — on capability, ERP integration depth and what each one actually charges for.
Financial Close & Consolidation Buyer's Guide
12 systems compared · 2026
ERP Research
- FloQast compared side-by-side with 11 alternatives
- ERP integration checklist — what to verify before you shortlist
- The pricing questions that change the quote
- A FloQast evaluation brief, included with the guide
Financial Close & Consolidation Buyer's Guide
Get a quote for FloQast
FloQast publishes a list price, but the number you pay depends on volume, modules and integration scope. Tell us your setup and we'll come back with a realistic figure and the alternatives worth quoting against it.