FloQast

FloQast is an AI-powered accounting transformation platform built specifically for corporate accounting and finance teams who need to close the books faster while keeping every step fully auditable. Founded in 2013 by former auditor and accountant Mike Whitmire, the platform was designed around the idea that accounting software should be built "by accountants, for accountants" — a principle reflected in a workforce where the majority of front-line employees are former accountants themselves. Rather than replacing the spreadsheets and ERPs teams already rely on, FloQast layers structured checklists, automation, and AI agents on top of existing workflows to bring order, visibility, and compliance to the month-end close.

At its core, FloQast centralizes the close process into a single source of truth: real-time checklists show exactly which tasks, reconciliations, and reviews are outstanding, who owns them, and whether the team is on pace to close on time. Its AI agents extend this further by automating high-volume account reconciliations, matching transactions, drafting and posting journal entries, and flagging exceptions for human review — with every AI decision logged, explainable, and requiring human sign-off before it hits the books. This "auditable AI" approach is backed by ISO 42001 certification and SOC 2 Type II compliance, giving audit and compliance teams confidence in how the automation actually works.

Beyond the close itself, FloQast extends into connected compliance and reporting: automating SOX 404a/404b evidence collection and testing, managing enterprise risk programs, consolidating financials across multiple entities, and surfacing variance analysis with AI-generated explanations. FloQast Transform, the platform's no-code AI agent builder, lets accounting teams automate bespoke workflows like accruals and allocations without needing engineering resources. The platform integrates with major ERPs including NetSuite, SAP, Oracle, Sage Intacct, Workday, and Xero, as well as everyday tools like Excel, Slack, and Microsoft Teams.

FloQast is best suited for mid-market and enterprise accounting, controllership, internal audit, and compliance teams — spanning software, manufacturing, retail, healthcare, media, and financial services — who are looking to standardize a fragmented close process, reduce manual reconciliation work, and stay continuously audit-ready rather than scrambling at quarter-end. It is trusted by more than 3,500 global companies, including Lululemon, DoorDash, Chipotle, Shopify, and Twilio.

FloQast does not charge per user and does not publish flat-rate pricing; every package is quoted based on the organization's scope, entity count, and complexity, with all plans requiring a "Contact Sales" conversation. The platform is organized into four solution areas that can be purchased individually or bundled: (1) Optimize & Automate the Close, which includes Close Optimization (centralized close management, controls, and workflow visibility) and Close Automation (automated reconciliations, transaction matching, and journal entry automation); (2) Connected Compliance, which includes Connected Compliance (SOX 404a compliance, evidence collection, enterprise risk management) and Compliance Pro (SOX 404b testing and continuous risk/operational testing for larger internal audit functions); (3) FloQast Reporting, for intercompany reconciliation, multi-entity consolidation, and AI-powered variance analysis; and (4) FloQast Transform, which lets accounting teams build custom no-code AI agents for workflows like accruals and allocations. Implementation, onboarding, customer success management, and FloQademy training/CPE credits are included at no extra cost with a subscription.