FloQast Maintains Top Ranking in G2 Financial Close Management Grid Spring 2023 Report
Provider of Accounting Workflow Automation Software also leads G2 Momentum Grid Report for nine consecutive quarters; strengthens leadership scores for customer satisfaction in North America and Europe
LOS ANGELES, March 30, 2023 (Newswire.com) - FloQast, a provider of accounting workflow automation software created by accountants for accountants, maintained its number one position in G2's grid for Financial Close Software for the second consecutive quarter. User reviews ranked FloQast ahead of 48 category competitors in the new Spring 2023 G2 report, released today. FloQast also continued to lead the G2 Momentum Grid Report, a spot the company has now held for nine consecutive quarters. The report is the latest affirmation of FloQast's market leadership, with organizations of all sizes and industries around the world relying on its innovative automation solutions for accounting operational excellence.
"We're grateful for the many organizations that have embraced increased efficiency, accuracy and quick time to value through partnership with FloQast - reflected by our top ranking on the overall Financial Close Management grid," said Mike Whitmire, co-founder and CEO at FloQast, inactive CPA.
On the Financial Close Management Grid, FloQast is at the top spot with a Grid Score of 95 and a near perfect Satisfaction Score of 99. Within the Results Index, FloQast is ranked number one. This index accounts for estimated ROI, how well a solution meets requirements, user adoption and likelihood to recommend.
FloQast's continued leadership also extends to the European Close Management Grid, which factors reviews and research from expanding global audiences. For the second quarter in a row, FloQast ranked highest in this grid, with a score of 87.
FloQast received the Spring Leader G2 badge, among others. It was also rated number one across all key report categories comprising the Financial Close Software category, and was:
- The number one solution in terms of Results and Greatest ROI
- The highest-rated software in terms of Implementation across all three reports (Primary, Enterprise and Mid-Market)
- Ranked number one for product usability and vendor relationship
- Rated number one across the key reports for the Enterprise segment, including: Results, Usability, Relationship and Implementation
G2 calculates a product's Financial Close Management Grid score using the G2 Satisfaction algorithm. Products are ranked by customer satisfaction (based on reviews through March 27, 2023) and market presence (based on market share, seller size, and social impact).
The G2 Leader status comes amid continued momentum for FloQast, including being named to G2's 2023 Best Software Awards for Global Software Companies list, the launch of an all-new brand strategy, expansion to Australia and New Zealand, and being honored by Built In in its 2023 Best Places to Work list.
FloQast delivers workflow automation software enabling organizations to operationalize accounting excellence. Trusted by more than 2,000 accounting teams - including Twilio, Los Angeles Lakers, Zoom, and Snowflake - FloQast was built by accountants, for accountants to enhance the way accounting teams work. FloQast enables customers to streamline processes such as automated reconciliations, documentation requests, and other workflows that impact the month-end close, financial reporting, and payroll and is consistently rated number one across all user review sites. Learn more at FloQast.com.