LOS ANGELES, June 23, 2022 (Newswire.com) - FloQast, a provider of accounting workflow automation software created by accountants for accountants, leads the G2 Momentum Grid for Financial Close Software, the company announced today upon the release of the new Summer 2022 G2 report. Based on user reviews, G2 has ranked FloQast significantly ahead of all category competitors for six consecutive quarters. The ranking cements the company's status as a consistent market leader, relied upon for operational success by organizations from a wide variety of industries.
Within Financial Close Software, FloQast also received the highest Relationship Index score, which looks at ease of doing business with, quality of support, and likelihood to recommend. FloQast surpassed all competitors with a score of 9.68 out of 10. On the Momentum Grid, FloQast continues its top-spot reign with a Momentum Grid Score of 81 and a near-perfect Satisfaction Score of 98.
"The finance and accounting industry is undergoing a shift - accountants are increasingly assuming an operational role within the business integral to driving strategy and growth. FloQast's continued G2 leadership confirms that many organizations understand FloQast's value in achieving this level of operational success," said Mike Whitmire, co-founder and CEO at FloQast, inactive CPA. "Additionally, our mission of empowering accounting operational excellence could not be more critical in today's uncertain economy, when efficiency, accuracy, and improved time-to-value are crucial to the future path of any business."
In addition to being named the Momentum Leader, FloQast also received numerous G2 badges for its Leader status in categories that include: Best Relationship, Best Results, Easiest Setup and Easiest to Use.
G2 calculates a product's Momentum score for Financial Close using the G2 Satisfaction algorithm and the G2 Momentum algorithm that factors in social, web, employee, and review data that G2 has deemed influential through May 31, 2022.
The G2 Leader status comes after a successful string of recent accolades and honors for FloQast, including being named to Inc. Magazine's Best Workplaces 2022 list, one of the Best Places to Work by the Los Angeles Business Journal, and inclusion in Built In's Best Places to Work lists since 2019.
FloQast delivers workflow automation software enabling organizations to operationalize accounting excellence. Trusted by more than 1,600 accounting teams - including Twilio, Coinbase, 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 #1 across all user review sites. Learn more at FloQast.com.
FloQast Director of Corporate Communications