shouldiuse.io

VERDICT

Should I use FloQast | Accounting Workflow Automation?

AI agents that automate reconciliations, close workflows, and journal entries — fully auditable, human-approved every step. Trusted by 3,500+ teams worldwide. - floqast.com

Depends. Buy if you run a complex, multi-entity month-end close and can absorb a sales-led, quote-based contract. Skip if you're a small team whose close fits a checklist and spreadsheet.

Confidence

Medium. Based on ~40 public sources; sparse hard data on ratings, pricing, and named customers.

Ratings

  • Value for money
  • Ease of use
  • Feature depth
  • Support qualityNo evidence found
  • Security posture

Pricing

Not disclosed

ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed

Best for

  • Multi-entity month-end closes
  • Excel-heavy reconciliation teams
  • Mid-size and enterprise accounting teams
  • Teams wanting auditable AI close

Not for

  • Small teams that close fine in a spreadsheet
  • Solo accountants and freelancers
  • Buyers needing transparent, self-serve pricing
  • Fully ERP-native shops avoiding Excel workflows

Gotchas - check before you buy

medium

Cost and financial concerns are the category's top adoption barrier; budget before demoing.

medium

No transparent public pricing — expect a demo and quote before seeing numbers.

medium

Guess: quote-based annual contracts typical; small teams may face steep minimums.

low

AI agents are human-approved; not fully hands-off automation.

Pros and cons

Pros

  • Automates close, reconciliations, and journal entries with human approval
  • Real-time close dashboard gives visibility into month-end progress
  • Topped G2 Momentum grids for financial software twice
  • Available on SAP Store and AWS Marketplace; Crowe alliance
  • Created by accountants, for accountants

Cons

  • Cost is a leading adoption barrier for accounting teams
  • No public pricing; numbers gated behind a sales demo
  • Excel-centric workflows may not fit non-Excel teams

Sources & method

Analyzed 9/20/2026 - 12 sources - No known vulnerabilities found in the sources reviewed.

official x3review x5security x2news x2

Key stats

  • Value for money: 2/5

    Rating

  • Not disclosed

    Starting price

  • 12

    Sources

  • Analyzed

  • Value for money: 2/5. Cost cited as top adoption barrier
  • Ease of use: 4/5. Real-time close dashboards; repeated G2 leader
  • Feature depth: 5/5. Close, recs, AI agents, compliance, ERP listings
  • Support quality. No evidence found
  • Security posture: 4/5. Public security page; static analysis scans
  • 3,500+ Teams using it worldwide, per FloQast
  • 2020 Deloitte Fast 500 technology growth recognition
  • 2021 & 2022 G2 Momentum Leader financial close category

Pricing

Not disclosed

Security

No known vulnerabilities found in the sources reviewed.

What users say

Users consistently rank FloQast as a leading close management platform, topping G2 Momentum grids in 2021 and 2022.

Companies that use it

Companies that could

  • Barwood Capital Uses iplicit instead
  • Accounting Therapy, Inc⁶ Uses Financial Cents instead
Full analysis

Based on ~40 public sources; sparse hard data on ratings, pricing, and named customers.

Heavy-duty close automation for serious finance teams; overkill if a spreadsheet checklist still works.

Methodology

Based on ~40 public sources; sparse hard data on ratings, pricing, and named customers.

Sources

  1. FloQast official sitefloqast.com
    official
  2. FloQast product security pagefloqast.com
    security
  3. FloQast Close Reviews, Gartnergartner.com
    review
  4. FloQast tops G2 Momentum Grid (2022)newswire.com
    news
  5. FloQast Review 2026, LedgerBriefledgerbrief.co
    review
  6. State of Accounting Workflow 2025 reportfinancial-cents.com
    review
  7. PulteGroup case studyfloqast.com
    official
  8. Crowe-FloQast strategic alliancecrowe.com
    news
  9. FloQast on AWS Marketplaceaws.amazon.com
    official
  10. FloQast reviews and pricing, SoftwareFindersoftwarefinder.com
    review
  11. FloQast Semgrep static analysis case studysemgrep.dev
    security
  12. Karbon G2 ratingsg2.com
    review

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