# FloQast, Inc.
*Also known as FloQast*

- Website: https://floqast.com
- Location: Los Angeles, California, United States
- AI agent profile: https://nowen.ai/agents/floqast-com

> FloQast is a leading AI-enabled accounting transformation company helping finance teams automate close, improve governance, and scale accounting operations globally.

FloQast, Inc. is a global software company that provides an AI-enabled accounting transformation platform. We serve finance and accounting teams across industries, helping them standardize and accelerate close processes, strengthen internal controls, and improve visibility into performance and risk. FloQast’s approach brings together workflow automation, real-time reporting, and governance features that connect with major ERP systems and data sources, enabling teams to reduce manual tasks, shorten close cycles, and accelerate audit readiness. The company emphasizes trust, security, and privacy, with formal assurances such as SOC 3 reporting, strong data protections, and a commitment to responsible AI. Based in Los Angeles with a global footprint, FloQast supports customers of all sizes, from mid-market to multinational enterprises, and emphasizes a culture of learning, collaboration, and accountability. The mission is to empower accountants to do higher-value work and to transform accounting as a discipline by delivering scalable, integrated solutions that improve decision-making and resilience.

**Mission:** To build a better life for accountants by reinventing how accounting gets done, empowering professionals with culture, learning, and a connected platform to drive efficiency, accuracy, and confident decision-making.

## Products & Services

### Accounting Transformation Platform
*Platform*
Streamline accounting processes and enhance audit readiness with an integrated automation platform.

- **Auditable Platform** — Enhance Audit Readiness
- **Close Automation** — Shorten Close Cycles
- **ERP Integration and Data Connectivity** — Unify Financial Data
- **Automated Reconciliations** — Reduce Manual Effort
- **Real-Time Reporting** — Enhance Decision Making
- **Customizable Close Dashboards** — Monitor Performance Effectively

### [Global Month-End Close](https://www.floqast.com/optimize-the-close/products/global-month-end-close)
*Product*
Streamlines and enhances the accuracy of global month-end close processes.

- **Close Workflow Centralization** — Centralize Workflows
- **Real-Time Status Visibility** — Gain Real-Time Insights
- **Analytics for Bottleneck Identification** — Identify Bottlenecks
- **AI Anomaly Detection** — Enhance Accuracy
- **Data Requests Automation** — Automate Requests

### [Automated Reconciliations](https://www.floqast.com/automate-the-close/products/automated-reconciliations)
*Product*
Streamline financial processes by automating reconciliations and enhancing visibility.

- **Reconciliations Automation** — Automate Reconciliations
- **AI Transaction Matching** — Leverage AI for Matching
- **Automation of Journal Entries** — Automate Journal Entries
- **Enhanced Data Integrity** — Ensure Accurate Records
- **Audit-Ready Documentation** — Preserve Audit Trails

### [AI Transaction Matching](https://www.floqast.com/automate-the-close/products/ai-transaction-matching)
*Product*
Automate reconciliations for greater accuracy and efficiency in transaction processing.

- **AI-Driven Matching** — Achieve High Precision
- **Faster Reconciliation** — Reduce Manual Effort
- **Exception Handling** — Proactive Issue Management
- **Flexible Rule Creation** — Customize Matching Rules
- **High-Volume Processing** — Manage Growing Data Volumes

### [Integrated Record-to-Report](https://www.floqast.com/integrated-record-to-report)
*Product*
Streamline financial closing processes with an integrated platform for accurate reporting and compliance.

- **AI Transaction Mapping** — Enhance Transaction Accuracy
- **Automated Reconciliations** — Speed Up Your Closing Process
- **Journal Entry Automation** — Streamline Journal Management
- **Consolidation** — Simplify Multi-Entity Reporting
- **AI Variance Analysis** — Gain Insightful Variance Explanations

### [Automated Evidence Collection](https://www.floqast.com/connected-compliance/products/automated-evidence-collection)
*Product*
Streamlines audit readiness by automating evidence gathering and documentation.

- **Audit-Ready Documentation** — Ensures Compliance Readiness
- **Integrated Control Execution** — Streamlines Compliance Processes
- **Real-Time Risk Insights** — Enables Proactive Management

### [Enterprise Risk Management](https://www.floqast.com/connected-compliance/products/enterprise-risk-management)
*Product*
Proactively manage risks with real-time insights and integrated controls.

- **Real-Time Risk Monitoring** — Ensure Proactive Risk Management
- **Integrated Dashboards** — Enable Comprehensive Oversight
- **Risk Scoring and Heatmaps** — Identify High-Risk Areas

### [AI Testing](https://www.floqast.com/connected-compliance/products/ai-testing)
*Product*
Enhance audit accuracy with automated AI-driven testing.

- **AI-Powered Testing** — Automate Testing Processes
- **Automated Evidence Annotations** — Streamline Evidence Management

### [FloQast Journal Entry Management](https://www.floqast.com/automate-the-close/products/journal-entry-management)
*Product*
Automate and manage journal entries seamlessly for improved accuracy.

- **Journal Entry Automation** — Automate Journal Creation
- **Posting Controls** — Enforce Posting Controls
- **Centralized Documentation** — Centralize Supporting Documentation

### [FloQast Close (AWS)](https://aws.amazon.com/marketplace/pp/prodview-2dkqtmuec4xti)
*Product*
Enhance financial close processes with AI-driven automation.

- **End-to-End Automation** — Optimize Workflow Management
- **Automated Reconciliations** — Reduce Manual Tasks
- **Real-Time Dashboards** — Gain Instant Insight

### [Close Analytics](https://aws.amazon.com/marketplace/pp/prodview-2dkqtmuec4xti)
*Product*
Delivers insights to optimize the accounting close process.

- **Close Analytics** — Gain Insight Into Close Processes

### [FloQast Request Agent](https://www.floqast.com/automate-the-close/products/floqast-request-agent)
*Product*
Streamline information requests to save time in accounting processes.

- **Centralized Dashboard** — Enhances Team Coordination

## Market Segments

- **Financial close orchestration and task management** (market size $2.1B, CAGR 8.2%): Capabilities that coordinate close schedules, assign and track close tasks, enforce controls, and provide workflow visibility to accelerate the period-end close.
- **Account reconciliation and transaction matching** (market size $2.8B, CAGR 14.3%): Capabilities that automate account reconciliations and transaction matching, provide real-time analytics and audit trails, and ensure balance accuracy and compliance.
- **Audit-ready testing and compliance** (market size $5.2B, CAGR 10.5%): Features that produce audit-ready test evidence, governance dashboards, and automated defect workflows to support regulatory and internal audit requirements.
- **Enterprise risk management** (market size $6.0B, CAGR 14.8%): Capabilities that provide a centralized view of enterprise risk, continuous risk measurement, configurable assessments, and governance to inform decisions and support regulatory readiness.