Accountants spent 5 hours on AR reconciliation just to see if a problem existed. Now, AI matches transactions, isolating true issues in minutes.
A rapidly growing trust management leader managed its accounting using a NetSuite ERP alongside various spreadsheets and other tools.
Existing workflows were not scalable, with bugs and a poor user experience forcing the accounting team to revert to manual matching in Excel. The...
“The implementation process was incredibly smooth. Coming off a long and challenging implementation with our previous tool, the difference was night and day. FloQast made it quick and straightforward to get up and running.”
GRC and compliance automation platform for security and risk management.
Accounting workflow automation platform for financial close management.
Related implementations across industries and use cases
A team manually reconciled thousands of transactions, working until 1 a.m. at month-end. Now, an AI matches most transactions, and they finish by noon.
Matching 50k+ transactions across 145 systems took four hours daily. Now, AI handles 98%, letting the team focus only on exceptions.
Reps lost hours cross-checking five conflicting data tools. Now, AI agents scan sites and automate 100% of research tasks.
The team spent 10 days manually reconciling transactions, forcing constant adjustments. Now, the system matches 95% of them automatically.
Teams manually called suppliers, limiting comparisons to three. Now, a portal weighs live bids against supplier ratings.
Scheduling 1,900 roles manually took days of back-and-forth. Conversational AI now books interviews instantly, syncing calendars.
Serial testing bottlenecked development. Now, parallelized checks validate hundreds of complex conversation paths in seconds.
SRetrieving non-standard data took days of back-office requests. Executives now query AI in plain English for answers in seconds.
Doubled patient revenue bottlenecked manual Excel reconciliations. Now, AI matches complex transactions, freeing accountants for strategy.