Accounting often feels like walking a tightrope. Speed, accuracy, and strict compliance must all land perfectly together, yet outdated workflows make the job harder. Teams chase scattered spreadsheets, tackle manual reconciliations, patch together fragmented data, and slog through marathon pre-audit sessions. FloQast steps into that reality as the first accounting transformation platform driven by auditable AI agents, weaving automation, assurance, and real-time transparency through every stage of the close. Rather than sidelining people, its purpose is to lift them, turning preparers into reviewers and equipping professionals to work faster, think smarter, and deliver larger strategic wins.
At the heart of FloQast’s platform is a simple promise: optimise, automate, and connect every accounting task that touches the close, compliance, and reporting cycle. When workflows are standardised and pulled into one central hub, controllers gain a live, global view of progress, and finely tuned controls flag issues before they snowball into errors. Reconciliations, journal entries, variance analyses, and even evidence gathering run quietly in the background, trimming cycle times and lifting accuracy without increasing headcount. Its integrated record-to-report engine then accelerates consolidation, streamlines financial statements, and can shave up to 35% off reporting timelines; all while preserving crystal-clear visibility into intercompany balances, variance drivers, and consolidated numbers.
FloQast’s impact is already playing out on real balance sheets. Fresh customer surveys reveal a 38% cut in reconciliation time, a 23% trim in audit workloads, a 20% drop in discrepancies flagged by auditors, a 39% boost in close accuracy, and a 20% quicker month-end finish. Together, those wins hand accounting teams an average of 27 extra hours every single month. Companies like SoundCloud and Gong back up the numbers, saying the platform gives them an always-on view of every close task, owner, and deadline, so finance can streamline the day-to-day and pour more energy into work that truly moves the business forward.
What really sets FloQast apart is its team of AI agents. Request for a fresh close checklist, and it appears in seconds. For a flux explanation, it scans the ledger, finds the driver, and writes the note. Have thousands of lines to match? The agents do the heavy lifting across banks, cards, and subledgers, and even draft the follow-up emails for missing docs. With up to 80% of reconciliations automated and every journal entry checked by built-in controls, errors drop and compliance tightens. Evidence flows straight into the audit trail as work gets done, giving auditors live visibility rather than week-old spreadsheets. Exception alerts and automatic notifications keep accountants in the loop while the bots handle the grind. The payoff is lower audit fees, lower risk, and a finance function that keeps improving instead of just keeping up.
FloQast plugs straight into the tools finance teams already trust. It pulls live data from ERPs, banks, and subledgers, and grabs source files from Box, Dropbox, Google Drive, SharePoint, or OneDrive without missing a beat. Slack and Microsoft Teams alerts keep everyone on the same page, so tasks, sign-offs, and last-minute questions move faster than email threads ever could. Multi-ERP support and built-in currency conversion take the pain out of global consolidation, while a single intercompany matrix holds every note, adjustment, and audit breadcrumb in one place. Everything flows through one seamless workspace. No more bouncing between apps or hunting down stray files; finance stays in rhythm because every document lives in a single, audit-ready home.
“Accounting deserves better. FloQast delivers auditable, ethical AI and intuitive workflows that elevate preparers to reviewers, reduce risk, and free teams to focus on strategic decisions with accuracy, speed, and confidence.” — Mike Whitmire, CEO & Co-Founder
FloQast’s platform is built by accountants for accountants, a principle reflected in every detail of its software and culture. Founded in 2013 by Mike Whitmire, a former auditor, the company was created in response to the real frustrations of overworked and undervalued finance professionals. Today, 80% of its frontline employees are former accountants, and its ethos is to simplify workflows, boost productivity, and improve work-life balance for teams under strain. About 75% of today’s CPAs are set to retire within the next ten years, creating an expected talent gap of roughly 160,000 professionals. FloQast steps in to lighten the load on current teams and help make the profession more sustainable for the long haul. Its training initiative, FloQademy, offers over 60 hours of free, on-demand CPE and CPD content, giving accountants continuous opportunities for learning and development.
Trust and security underpin every part of the platform. FloQast has achieved ISO/IEC 42001 certification, making it one of the first accounting technology vendors to adopt this new standard for responsible AI. Its AI operates to the highest ethical standards and gives a full audit trail, ensuring transparency and control throughout any application of automation. Teams can actually try out accounting assumptions and business rules in real time before rolling anything live to make sure the system is always fully aligned with any company standards or compliance constraints. Every journal entry, reconciliation, and variance explanation is traceable, logged, and ready for audit.
More than 3,000 organizations already count on FloQast to speed up the close, cut risk, and tighten reporting accuracy. Finance teams lean on it for everything from day-to-day operations and compliance checks to FP&A modeling and board-room slides. The takeaway is simple: automation is not about cutting jobs; it is about giving accountants the freedom to dig into analysis and strategy. But when checks and safeguards are built into day-to-day workflows, and information flows freely between every team, finance no longer plays catch-up; they lead the business with confidence.
New waves of technology, a dwindling pool of talent, and stricter regulations are rewriting the rules of the profession, and FloQast helps accountants meet that future head-on as trusted advisers rather than spreadsheet firefighters. In a discipline that sometimes feels it’s been left behind, the platform delivers visibility, empowerment, and lasting progress, providing tools informed by real-world experience but engineered to keep accounting ahead of the game.