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About Floqast
Industries
Enterprise Software
Fintech
Company Size
501-1,000
Company Stage
Series E
Total Funding
$302.9M
Headquarters
Los Angeles, California
Founded
2013
Overview
FloQast offers Financial Close Management Software that helps accounting teams automate and streamline the financial close process, which is crucial for finalizing financial statements at the end of a fiscal period. The cloud-based solution integrates with existing ERP systems and Excel, allowing for automated reconciliations and organized financial documentation for audits. Unlike many competitors, FloQast can be fully implemented in just two weeks, making it easier for clients to adopt. The company's goal is to enhance the efficiency and accuracy of financial reporting, reducing the workload for accounting teams.
Simplify's Take
What believers are saying
- FloQast's AI Agents automate workflows, transforming accountants' roles to reviewers.
- The Xero integration expands FloQast's reach in the APAC region.
- FloQast's recognition in the Deloitte Technology Fast 500 highlights its rapid growth.
What critics are saying
- Adoption of AI Agents may face resistance from traditional accounting teams.
- Local competitors in APAC may offer more tailored solutions than FloQast's Xero integration.
- Global expansion efforts may stretch resources, impacting service quality.
What makes Floqast unique
- FloQast integrates seamlessly with major ERP systems like QuickBooks and SAP.
- The software offers built-in flux analysis for identifying significant financial data changes.
- FloQast's cloud-based model supports remote work trends and enhances collaboration.
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Funding
Total Funding
$302.9M
Meets
Industry Average
Funded Over
7 Rounds
Insight PartnersIndustry standards
Benefits
Unlimited PTO
Company-Wide Social Events
Cold Brew/Nitro On Tap
Generous Paid Parental Leave
Competitive Compensation
401k (No Matching)
Unlimited Snacks and Drinks
Family Forming Support, Benefits & Reimbursement
Pet Care Discount Program
Stock Options
Education Reimbursement
Medical, Dental, Vision (100% paid)
Charitable Donation Matching
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 2%2 year growth
↑ 0%Today, FloQast is proud to unveil its latest innovation, FloQast AI Agents, powered by FloQast Transform, designed to help accounting teams automate workflows and transform their roles from preparers to reviewers.
With that in mind, in this post, FloQast, Inc. is going to introduce you to the IPO process, what it involves, and some of the key considerations for CFOs and accountants as they steer their organisations through.
SYDNEY, Feb. 17, 2025 (GLOBE NEWSWIRE) - FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced a direct integration with Xero, the global small business platform, for customers in the Australia-Pacific (APAC) region.
Blazing a trail: FloQast wins BIG Innovation award for financial services category.
FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced that technology industry veteran John Phillips has joined the company as General Manager, EMEA.
Floqast is Hiring for 31 Jobs on Simplify!
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About Floqast
Industries
Enterprise Software
Fintech
Company Size
501-1,000
Company Stage
Series E
Total Funding
$302.9M
Headquarters
Los Angeles, California
Founded
2013
Floqast is Hiring for 31 Jobs on Simplify!
Find jobs on Simplify and start your career today