List of FloQast Reconciliation Management Customers
Los Angeles, 91411, CA,
United States
Since 2010, our global team of researchers has been studying FloQast Reconciliation Management customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased FloQast Reconciliation Management for Financial Consolidation and Close from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using FloQast Reconciliation Management for Financial Consolidation and Close include: Genesee & Wyoming, a United States based Transportation organisation with 4000 employees and revenues of $3.00 billion, Cision, a United States based Professional Services organisation with 4800 employees and revenues of $1.04 billion, Workato, a United States based Professional Services organisation with 700 employees and revenues of $100.0 million, Fundare Resources Company, a United States based Oil, Gas and Chemicals organisation with 30 employees and revenues of $15.0 million and many others.
Contact us if you need a completed and verified list of companies using FloQast Reconciliation Management, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The FloQast Reconciliation Management customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Cision | Professional Services | 4800 | $1.0B | United States | FloQast | FloQast Reconciliation Management | Financial Consolidation and Close | 2017 | n/a |
In 2017, Cision implemented FloQast Reconciliation Management to centralize account reconciliations within its Financial Consolidation and Close environment. The deployment targeted finance operations supporting Accounts Payable and procure to pay workflows, with documented usage by a Senior Accounts Payable Accountant for BU Germany working from Sofia, Bulgaria.
FloQast Reconciliation Management was configured to manage recurring and ad hoc reconciliations, workflow assignments, and checklist driven sign offs, aligning reconciliation templates to close tasks such as bank statement and employee credit card reconciliations, intercompany charges, prepaid expenses, and direct debit journals. The configuration supported preparation of journal entries for manual posting and was applied to non purchase order based invoice processing and AP evidence attachment.
The implementation integrated with Oracle NetSuite for general ledger balances, Basware for AP invoice capture, and Concur for employee reimbursements, enabling source document linkage and GL tie out during month end close. These integrations fed transactional inputs into FloQast reconciliations, supporting reconciliation to GL workflows and audit ready evidence management consistent with the Financial Consolidation and Close category.
Operational governance assigned reconciliation ownership at the business unit accounting level with centralized close coordination, enabling role based assignment, reviewer sign offs, and preserved audit trails inside FloQast Reconciliation Management. Process standardization emphasized consistent reconciliation templates and task orchestration across BU Germany and shared service finance users in Sofia, integrating Accounts Payable, PTP, and month end close activities.
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Fundare Resources Company | Oil, Gas and Chemicals | 30 | $15M | United States | FloQast | FloQast Reconciliation Management | Financial Consolidation and Close | 2022 | n/a |
In 2022, Fundare Resources Company implemented FloQast Reconciliation Management to support its Financial Consolidation and Close activities across the Accounts Payable function and operated company structures. The deployment targeted reconciliation rigor and documentation for monthly close cycles, with the Accounts Payable team in Greenwood Village, CO designated as the primary operational owner.
FloQast Reconciliation Management was configured to capture monthly account reconciliations, store reconciliation evidence, and enforce workflowed approval steps for assigned accounts. Functional capabilities implemented include account-level reconciliations, documentation repository for supporting schedules, task assignment for reconciliation owners, and checklist-driven close procedures that align with ledger entry preparation. The implementation reflected a mid-market scope appropriate for a 30 person firm, concentrating on AP and intercompany reconciliation workloads.
The implementation explicitly integrated reconciliation documentation and control with transactional sources, reconciling OpenInvoice and BOLO ERP transactions and documenting differences within FloQast. EnergyLink coding review and approval for Non-Op JIBs was coordinated alongside reconciliation activities, and ACH vendor payment controls, vendor onboarding checks including TIN and tax document collection, and intercompany invoicing flows were operationally linked to the reconciliation process. Daily coordination between OpenInvoice and BOLO remained a source system workflow that fed reconciliation evidence into FloQast Reconciliation Management.
Governance and process changes centered on codifying month end open and close controls, enforcing timely approvals for AP close, and running weekly aging and company-level reports to support Friday payment runs. The Accounts Payable Supervisor role became the first line for AP coding issues, using FloQast to centralize evidence and to document recurring reconciling items for remediation. Rollout included system administration configurations and procedural handoffs so that reconciliations executed within FloQast served as the authoritative close documentation for Financial Consolidation and Close operations.
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Genesee & Wyoming | Transportation | 4000 | $3.0B | United States | FloQast | FloQast Reconciliation Management | Financial Consolidation and Close | 2017 | n/a |
In 2017, Genesee & Wyoming implemented FloQast Reconciliation Management to address deficiencies in its month end Close and to standardize reconciliation work across corporate and international accounting teams, aligning the deployment with the Financial Consolidation and Close category. The selection was driven by a formal RFP led by the Director of Financial Transformation and endorsed by the Director of Corporate Accounting for data flexibility, rapid time to value, automation capabilities, and user usability.
FloQast Reconciliation Management was configured to centralize balance sheet account reconciliations, incorporating a completeness check report that enumerates all actively reconciled ERP accounts and a reconciliations progress report to track assignments and status. Implementation work included reworking the chart of accounts and reconfiguring reconciliation workflows, and the platform was used monthly by accounting teams to manage reconciliation tasks, internal controls, and audit evidence collection.
Operationally the deployment served as the primary source of truth for reconciliations during an ERP migration, supporting conversion activities when Genesee & Wyoming moved from Dynamics GP to Dynamics 365, with minimal disruption to reconciliation workflows. The platform was used across corporate accounting and regional finance, including the UK and Central Europe, and interfaced operationally with the companys ERP environment during the transition.
Governance changes emphasized assignment accountability and visibility, with reconciliation ownership made explicit through named assignments and progress reporting that is circulated to stakeholders. Implementation support and vendor engagement were cited as strong, and teams reported smoother month end processes, improved audit preparedness, reduced risk of overlooked reconciliations, and simplified ERP migration because FloQast Reconciliation Management served as the reconciliation control plane.
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Professional Services | 700 | $100M | United States | FloQast | FloQast Reconciliation Management | Financial Consolidation and Close | 2018 | n/a |
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Buyer Intent: Companies Evaluating FloQast Reconciliation Management
- NTT Data, a Japan based Professional Services organization with 197777 Employees
- H.R. Goodale (Northern), a United Kingdom based Distribution company with 40 Employees
Discover Software Buyers actively Evaluating Enterprise Applications
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