Close
In-App Completeness
Your FloQast Completeness Report is now available in-app. In a new grid view, Admins and Managers can view all missing trial balance accounts along with their activity and ending balances, and take the following actions:
- Configure reconciliation settings, including entity, folder, frequency, assigness, and currency, for one or more accounts
- Create new reconciliations, including grouped reconciliations, for missing accounts
- Add missing accounts to existing grouped reconciliations
Built-in validation catches errors such as mismatched folder names or invalid assignees before you save, eliminating the trial-and-error of spreadsheet uploads.
Reports run in the background, so you can continue working while the completeness check completes. As you create reconciliations, the missing account count updates in real time.
Availability: This release applies to TB Upload customers, including Cloud Connect and TB API workflows.
New Review Notes Experience with Rollforward
We've enhanced the Review Notes interface and introduced a new Roll Forward capability to make it easier for you to stay on top of outstanding action items at month-end. Users with access to create Review Notes can now:
- Move, or Roll Forward, notes to a subsequent period for proper follow-up
- Track notes that have been moved. A new "Rolled Forward" status is captured on the Review Notes page.
- Access all Review Notes associated with a checklist or reconciliation item in a new side panel view, now available on the Checklists, Reconciliations, and Folders pages.
These updates ensure your current working period becomes a single, accurate view of all outstanding work.
Three-Way Matching
AI Transaction Matching customers can now automatically match transactions across three data sources, extending automation across complex reconciliation scenarios. Common three-way matching use cases include:
- Retail Cash Reconciliation: General Ledger → Bank Statement → Point of Sale (POS)
- Bank / Treasury Reconciliation: Bank Statement → Cash Sub-Ledger → GL
- Accounts Payable (Purchase-to-Pay): Purchase Order → Goods Receipt → Supplier Invoice
- Expense Reporting: Expense System (e.g., Concur) → Corporate Credit Card Feed → GL
- Revenue / Accounts Receivable: CRM/Order Management System → Billing System → GL
- Payroll: Payroll Processor (e.g., ADP, Workday) → HR System → GL
AI Transaction Matching Now Integrated with FloQast Transform
Accounting teams using FloQast Transform AI agents to prepare transaction data can automatically pull their transformed datasets directly into AI Transaction Matching for the corresponding account, shortening the path from raw transaction data to a reconciled account, no manual exports and intermediate steps required.
Reporting
Variance Analysis: Multiple Comparison Values in Single Report
Variance Analysis reports can now display multiple comparison period values side-by-side in a single view. Compare current-period actuals against both prior month and prior year and view both comparison columns simultaneously without needing to run separate reports for each period. This results in:
- Cleaner Data: Prevent mixed-period values from being combined and preserve the clarity of each variance field
- Complete View: See multiple comparison periods in one report without the need to aggregate data
- Faster Analysis: Get a more readable, side-by-side view for spotting trends across periods
Table Settings
Table Settings brings user-controlled configuration options to data tables in the FloQast Reporting module, giving users more control over how they view report data. Users can toggle functional features like header behavior, cell behavior, and display density, or select from setting presets for common use cases like audit reviews or month-end flux analysis.
Settings persist within the report definition, so configurations carry forward automatically each time the report is opened.
Compliance
Cross-Program Linking for Scoping
Cross-program linking is now available in the Scoping module, extending a capability previously available only in Risk, Key Reports, and Key Systems.
Compliance users can now link related work items across programs directly from the Scoping interface, connecting scoping decisions to their corresponding controls or documentation without leaving the module. This offers users:
Full Traceability: Auditors and compliance managers can see exactly how scope decisions flow into downstream test work.
Cross-Team Visbility: Teams working in different programs can see how their work connects without needing to ask around.
Less Manual Coordination: Relationships between scoping decisions and compliance deliverables are tracked automatically, cutting down on spreadsheets and status check-ins.
Platform
Workday Integration
A new native-built, direct Workday integration is now available for all Workday customers, enabling:
Continuous Connectivity & Reduced IT Dependency: Replace SFTP setups and manual uploads with an out-of-the box Workday integration for simplified implementation and faster time-to-value.
End-to-End Automation & Greater Efficiency: Transaction-level data and metadata, like Worktags, power deeper functionality across Recs, AI Transaction Matching, Journal Entry Management, Amortization and Depreciation, and AI Variance Analysis.
Flexible Workflows & Faster Insights: Bring transaction-level detail into variance analysis, adding richer context to reconciliations and keep your teams working from live ERP data.
Enterprise Scalability & Confidence in the Close: Continuous connection supports evolving entities, account structures, and growing data volumes without disrupting your close process.
Custom Entity Roles
Custom Entity Roles gives administrators the ability to define and assign custom permission roles at the entity level, providing greater flexibility over user access controls across different legal entities or business units.
Rather than relying solely on predefined system roles, organizations can now tailor role definitions to reflect their own organizational structure and access requirements.
This is particularly valuable for customers managing multiple entities with varying access needs for preparers, reviewers, and administrators. The feature provides organizations with more precise control over who can perform specific actions within each entity.
PDF Reconciliation Tie Outs
Generate PDF-formatted tie-out documents directly from reconciliation data within FloQast. Accountants and reviewers can produce clean, audit-ready tie-out reports without stepping outside the system to build documents manually.
This streamlines the evidence packaging process during the month-end close and simplifies the delivery of reconciliation support to auditors and external reviewers, reducing time spent on documentation by making tie-outs a native output of the reconciliation workflow.