Progressive Matching

FloQast is proud to announce a significant update to the Matching module! Progressive Matching enhances the effectiveness of Matching by allowing busy accounting teams to work on reconciliations throughout a given month, instead of all at once. Given the volume of transactions that many businesses face, often times, this process necessitates team members perform the task in chunks throughout the month — often daily. This helps reduce the stress on employees managing the reconciliations and improves their efficiency overall.

How does Progressive Matching work?

FloQast users will still upload an original GL file and Secondary Source file to begin Matching Transactions. Now, users can continue uploading additional files throughout the period after the initial upload by clicking the “Add” button within the FloQast Matching module.

Users can upload just one file or two files, as needed, to complete their reconciliation.

What should the additional uploads look like?

The uploaded files should be in the same format as the original files.

The additional uploads can contain strictly new transactions, or a combination of already-imported transactions and new ones. If "repeat" transactions are included, FloQast Matching will ignore these duplicates for your convenience, and and only the new transactions will be imported.