FloQast provides a cloud-based financial close management platform for mid-sized to large enterprises. It helps accounting teams streamline and automate the close process by connecting to ERP systems and Excel workbooks to automate reconciliations, validate general ledger balances, and organize documents for audits. Built-in flux analysis helps explain material changes in financial data. The product is delivered via a subscription model and is designed to be quick to implement, with full setup and training possible within two weeks. FloQast differentiates itself through tight ERP/Excel integration, a focus on collaborative, auditable closing workflows, and features that simplify reconciliation and audit preparation. The goal is to make the financial close faster, more accurate, and easier to audit, reducing manual effort for accounting teams.
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Industries
Company Size
501-1,000
Company Stage
Series E
Total Funding
$302.9M
Headquarters
Los Angeles, California
Founded
2013
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Total Funding
$302.9M
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PwC and FloQast join the Finance Indaba as Gold partners. PwC and FloQast join the Finance Indaba as Gold partners, bringing their expertise in professional services and accounting technology to an event connecting more than 4,500 finance professionals and industry leaders. PwC helps clients build trust and reinvent so they can turn complexity into competitive advantage. They're a tech-forward, people-empowered network with more than 360,000 people in more than 130 countries and territories. Across advisory, assurance, and tax and legal services, PwC helps clients build, accelerate, and sustain momentum. FloQast is an AI-powered financial close and accounting operations platform built by accountants, for accountants. It helps finance teams improve the efficiency, accuracy, and transparency of critical close processes while supporting broader finance transformation initiatives. By automating manual activities and streamlining workflows, FloQast enables finance professionals to manage their time more effectively, simplify their work, and strengthen their role as strategic business partners supporting better financial decision-making and organisational performance. Together, PwC and FloQast bring a powerful combination of finance transformation expertise, industry insight, and innovative technology to the Finance Indaba as Gold partners. Don't miss the opportunity to engage with PwC and FloQast at the Finance Indaba, where more than 4,500 finance professionals and industry leaders will gather for a day of learning, networking, fresh ideas, and valuable conversations. The full-day event will feature live demos, pitches, exhibitors from across the industry, and insights from leading CFOs, alongside multiple sessions led by top speakers. Sinenhlanhla Mncwango is the senior writer for CFO South Africa. She grew up in Vryheid, northern KZN; studied journalism at the University of Johannesburg and obtained her honours in 2020. Sinenhlanhla has experience in online and broadcast media. In her spare time she enjoys a good game of cricket, hockey and loves learning different languages. Bankmed has more than 100 years of experience in healthcare and offers medical scheme benefits, wellness resources and preventive care benefits. 13 October 2026 Adinga provides ICT solutions in business intelligence, cloud accounting, ERP systems, and HR and payroll. 13 October 2026 Yooz offers an AI-powered accounts payable solution featuring invoice capture, matching, approval workflows, ERP integration, reconciliation and fraud detection. 13 October 2026 Kaelo provides healthcare solutions focused on the physical and psychological wellbeing of South Africans, with the goal of expanding access to quality healthcare. 13 October 2026 Brendmo provides business solutions, with a focus on professional expertise, quality and keeping up to date with developments in the business environment and accounting profession. 13 October 2026 Trade Shield joins Finance Indaba as a Gold partner, connecting with more than 3,000 finance professionals and industry leaders for a day of learning, networking and industry insights. 08 October 2026
Yooz with Adinga join Finance Indaba as Gold partner. Yooz offers an AI-powered accounts payable solution featuring invoice capture, matching, approval workflows, ERP integration, reconciliation and fraud detection. Yooz provides an AI-powered, cloud-based solution for accounts payable, using automation and cloud technology to support invoice processing. The solution includes multi-channel invoice capture, two-way and three-way matching, approval workflows for purchase orders, invoices and payments, ERP integration, mobile access and approvals, audit trails, vendor statement reconciliation and fraud detection Don't miss the opportunity to engage with Yooz with Adinga at Finance Indaba, where more than 3,000 finance professionals and industry leaders will gather for a day of learning, networking, fresh ideas and valuable conversations. The full-day event will feature live demos, pitches, exhibitors from across the industry and insights from leading CFOs, alongside multiple sessions led by top speakers. Sinenhlanhla Mncwango is the senior writer for CFO South Africa. She grew up in Vryheid, northern KZN; studied journalism at the University of Johannesburg and obtained her honours in 2020. Sinenhlanhla has experience in online and broadcast media. In her spare time she enjoys a good game of cricket, hockey and loves learning different languages. PwC and FloQast join the Finance Indaba as Gold partners, bringing their expertise in professional services and accounting technology to an event connecting more than 4,500 finance professionals and industry leaders. 13 October 2026 Bankmed has more than 100 years of experience in healthcare and offers medical scheme benefits, wellness resources and preventive care benefits. 13 October 2026 Adinga provides ICT solutions in business intelligence, cloud accounting, ERP systems, and HR and payroll. 13 October 2026 Kaelo provides healthcare solutions focused on the physical and psychological wellbeing of South Africans, with the goal of expanding access to quality healthcare. 13 October 2026 Brendmo provides business solutions, with a focus on professional expertise, quality and keeping up to date with developments in the business environment and accounting profession. 13 October 2026 Trade Shield joins Finance Indaba as a Gold partner, connecting with more than 3,000 finance professionals and industry leaders for a day of learning, networking and industry insights. 08 October 2026
Tech News: Infinite Ties rolls out bevvy of new content for CAS development. Plus, FloQast launches governed workflow agents, AI journal review; CPA Crossings launches AI-enhanced CPE management; and other accounting tech news.
FloQast introduces new AI accounting innovations at TakeControl 2026 and names COSO Chair Lucia Wind as SVP of Risk & Audit Advisory. New capabilities bring auditability, scalability, and accuracy to accounting workflows. September 16, 2026 12:00 ET | Source: FloQast LOS ANGELES, Sept. 16, 2026 (GLOBE NEWSWIRE) - FloQast, the Accounting Workflow Automation platform created by accountants for accountants, today unveiled a suite of innovations at its annual TakeControl user conference, alongside the announcement that Lucia Wind, Board Chair and outgoing Executive Director of COSO, has joined the company as SVP, Risk & Audit Advisory. TakeControl packs two days with original research, practitioner sessions, and technical education. The event, held September 16-17, brings together 40 speakers from companies like AWS, Equinox, EY, and Meta, across accounting, finance, audit, risk, and compliance, and offers more than 10 CPE credits. The products introduced today all start from the same premise that accounting AI has to clear a higher bar than AI in other functional areas. Every output needs to be explainable, and every decision needs to be reconstructible for an auditor. The AI-powered products that FloQast is launching today deliver on that promise end to end. "Accounting is entering a new era where AI can fundamentally change how teams operate, automating routine tasks and freeing up time for higher-judgment work," said FloQast co-founder and CEO Mike Whitmire, CPA (inactive), FCA. "What we are unveiling at TakeControl is designed to give accounting teams the ability to move faster with AI while maintaining the accuracy, governance, and auditability their work demands." New Innovations Include: Transform now builds agents from your workflows - FloQast Transform can now reverse-engineer the end-to-end workflows your team runs each month and turn them into AI agents. Hand FloQast files from a close your team has already finished, and Transform builds an AI agent that runs that process for you: documented, tested against numbers your team already approved, and ready to show your auditor. No IT or coding required - your accounting team builds it themselves, and they sign off on every step before it goes live. COSO GenAI Module governs AI agents with COSO compliance built in - FloQast will soon operationalize COSO's GenAI governance framework so teams can wrap their AI agents in COSO-compliant governance - risk assessment, control environment and activities, and ongoing monitoring and assurance - directly inside the platform. Audit evidence will write itself with connectivity between Transform and FloQast Connected Compliance. AI Assistant reviews journal entries before accountants approve them - FloQast's AI Assistant puts AI on every page of FloQast, answering questions, preparing and reviewing work, and meeting teams inside the workflows they use every day. Its first application is journal entry review, built into FloQast Journal Entry Management. When a preparer submits an entry, the reviewer can ask for an AI review before approving it. The Assistant flags errors and anomalies, scores audit risk, explains its reasoning, and recommends a fix.The human makes every call. Detect flags transaction anomalies before the books close - FloQast Detect is an AI-powered transaction monitoring tool that learns normal patterns on a per-subsidiary, per-account basis, and flags anomalies before the books close. Each flagged transaction is assessed for GL impact, routed for review, and signed off with a full audit trail. User-defined rules layer on top, codifying the team's own review criteria and applying them to every transaction, every period. Operational Audits allow teams to manage their entire audit universe in one place - FloQast Operational Audit is an expansion of FloQast's internal audit capabilities to cover the entire audit plan, including SOX testing, other compliance audits, and now, operational audits. Built around your team's own methodology, AI drafts the audit plan. AI executes your testing. One click generates an executive-ready report from live audit data. Evidence, testing, and documentation all live in a single view. COSO Chair Lucia Wind Joins FloQast In conjunction with the release of these new products, FloQast has hired Lucia Wind, Board Chair of COSO, as SVP, Risk & Audit Advisory. Wind oversaw COSO's publication of its generative AI governance framework earlier this year, the same framework FloQast is operationalizing in the COSO AI Module, beginning with a full capability, risk and control mapping. COSO's guidance is the standard against which accounting and audit teams are increasingly expected to govern their AI agents. "My career has been built around helping organizations manage risk, strengthen controls, and build trust in their reporting, especially as technology reshapes how those functions operate," said Lucia Wind, Floqast SVP of Risk & Audit Advisory. "FloQast understands the challenges teams face as they adopt new digital tools and is creating solutions that make a real difference. I'm excited to bring my experience to a team that is helping clients build finance, audit, and risk practices that are modern, resilient, and ready for long-term success." About FloQast Created by accountants for accountants, FloQast's Accounting Workflow Automation platform helps teams automate accounting and audit workflows with auditable AI. Trusted by more than 3,500 global accounting teams - including Lululemon, Chipotle, and Shopify - FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. With FloQast, teams can leverage the latest AI advancements to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve overall accuracy, visibility, and collaboration. FloQast also offers the FloQast Certified Accountant (FCA) program, a free certification designed to help accounting professionals build practical AI skills. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com.
FloQast recognized by Inc. as one of America's fastest growing private companies for fourth consecutive year. The company's continued recognition on Inc. 5000 reflects strong customer growth and a vision for the future of accounting NEW YORK, Aug. 11, 2026 (GLOBE NEWSWIRE) - FloQast today announced it has been named to the 2026 Inc. 5000 list, the annual list of the fastest-growing private companies in America. This recognition reflects FloQast's leadership in transforming accounting through AI-powered innovation, as organizations increasingly adopt intelligent automation to streamline financial operations, fueling the company's rapid growth and placing it among the nation's most successful entrepreneurial businesses. "Making the Inc. 5000 four years running is a direct reflection of the trust finance and accounting leaders place in FloQast," said Mike Whitmire, CPA (inactive), FCA, co-founder and CEO of FloQast. "Modern accounting departments face unprecedented complexity, and our mission is to give them genuine leverage. By integrating AI where it matters most, we're helping teams transition from reactive reporting to proactive leadership. I couldn't be prouder of our team's execution." This year's Inc. 5000 recognizes a new class of companies redefining what growth looks like. From AI and advanced manufacturing to healthcare, consumer products and professional services, these businesses are expanding their impact, creating jobs and proving that entrepreneurial ambition continues to fuel the U.S. economy. Among the top 500 companies on the list, the median three-year revenue growth rate was 130%, and those companies have collectively added more than 627,208 jobs to the U.S. economy over the past three years. For the full list, company profiles, and a searchable database by industry and location, visit: www.inc.com/inc5000. "Every company on the Inc. 5000 has a story of perseverance, smart decision making, and a refusal to sit still," says Mike Hofman, editor-in-chief of Inc. "Their growth reflects more than strong financial performance-it reflects creativity, resilience, and the customer focus required to build companies that make a lasting impact. We congratulate all honorees on this significant achievement." Keuangan & Audit Building on this momentum, FloQast will host TakeControl 2026 on September 16-17, 2026 - its flagship annual conference for accounting and finance leaders. This year's event brings together 40 speakers and practitioners from companies including Meta, Chipotle, Equinox, Gong, and AG1 to explore how AI is reshaping the accounting function. Centered on the theme "Setting the New Standard for Accounting AI," TakeControl 2026 will feature product announcements, practitioner-led sessions, and a closing mainstage conversation on AI governance and accountability featuring executives from Meta and a former PCAOB board member. Register here. Inc. 5000 List Methodology Temukan lebih banyak Pembelajaran Mesin & Kecerdasan Buatan Companies on the 2026 Inc. 5000 are ranked according to percentage revenue growth from 2022 to 2025. To qualify, companies must have been founded and generating revenue by March 31, 2022. They must be U.S.-based, privately held, for-profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2025. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2022 is $100,000; the minimum for 2025 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. About Inc. Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping its future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com. About FloQast Created by accountants for accountants, FloQast's Accounting Workflow Automation platform allows accountants to automate accounting and audit workflows with auditable AI. Trusted by more than 3,500 global accounting teams - including Lululemon, Chipotle, and Shopify - FloQast enhances the way accounting teams work, enabling customers to automate close management, account reconciliations, accounting operations, and compliance activities. Referensi Geografis With FloQast, teams can utilize the latest advancements in AI technology to manage aspects of the close, reduce their compliance burden, stay audit-ready, and improve accuracy, visibility, and collaboration overall. FloQast also offers the FloQast Certified Accountant (FCA) program, a free certification designed to help accounting professionals build practical AI skills. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com. John Siegel Senior Content Marketing Manager Communications Lead [email protected]
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Industries
Company Size
501-1,000
Company Stage
Series E
Total Funding
$302.9M
Headquarters
Los Angeles, California
Founded
2013
Find jobs on Simplify and start your career today