FloQast is an accounting transformation platform that uses AI agents to automate accounting workflows and reduce manual work for finance teams. The platform helps companies standardize their close process, automate reconciliations and journal entries, ensure compliance, and accelerate financial reporting across a unified system.

The platform serves four main areas of accounting operations. Optimize the Close provides global visibility and standardization for month-end close processes with enhanced operational oversight and team collaboration tools. Automate the Close transforms accounting workflows through automated reconciliations, AI transaction matching, and journal entry management that allows teams to focus on exceptions rather than routine tasks. Connected Compliance mitigates enterprise risk through automated evidence collection, enterprise risk management, and AI testing capabilities that streamline audit preparation. Integrated Record-to-Report accelerates the reporting cycle with AI variance analysis, consolidation, and intercompany management.

FloQast delivers measurable results based on customer surveys, with users reporting 38% reduction in reconciliation time, 23% reduction in audit process time, 20% faster monthly close cycles, 39% increase in data accuracy, 20% reduction in auditor-found discrepancies, and an average of 27 total hours saved per month. The platform's AI capabilities include automatic checklist generation customized to industry and company size, instant variance driver detection and explanation writing, automated transaction matching for thousands of entries, and intelligent email management with up to 40% task automation.

The platform was founded by CPAs who designed the software to feel intuitive to accountants without requiring extensive IT support or complex implementations. FloQast integrates with major ERP systems and maintains industry-leading security standards, having achieved ISO 42001 certification for responsible AI development. The company serves 3,500 global organizations across industries including software, manufacturing, retail, healthcare, media and entertainment, and financial services.