Connected Risk SOX Compliance Management vs FloQast
Connected Risk SOX Compliance Management
empoweredsystems.com
FloQast
floqast.comSide by side
| Figure | Connected Risk SOX Compliance Management | FloQast |
|---|---|---|
| Price from | — | $999/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | — | Yes |
| macOS | — | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 0 | 2 |
| Spec score · Internal Controls Software | 7.2 (#20) | 8.6 (#3) |
| Spec score · SOX Compliance Software | 7.2 (#14) | 8.5 (#3) |
| Deployment | Connected Risk is offered with secure cloud hosting or in the customer's own on-premises environment. | A FloQast buyer’s guide describes the solution as cloud-based SaaS and browser-based, with support for Mac and Windows operating systems. |
| Integrations | The platform describes integrations with Microsoft Office, Active Directory / SSO, regulatory content providers, BI and reporting tools, data science and modeling tools, and document management systems. | FloQast lists integrations across ERP, banking, accounts payable, collaboration, communication, documentation, identity management, and payroll, including ADP, Box, Google Drive, Microsoft Teams, and Slack. |
| Intended users | The maker describes the platform as designed for regulated industries and complex environments, including financial institutions, life sciences companies, and public sector agencies. | FloQast describes its platform as built for accountants and presents use cases for accounting, finance, controller, audit, and compliance roles. |
| Purpose | Connected Risk helps organizations structure and manage SOX and ICFR programs, from testing through reporting. | FloQast is an accounting workflow automation platform built to help accounting teams manage close, reconciliation, accounting operations, and compliance workflows. |
| Support | Empowered provides a customer support portal through Jira Service Management. | Customers can submit platform support requests through FloQast’s support portal, and account managers or customer success managers handle billing questions. |
Plans
Connected Risk SOX Compliance Management
No plans published.
In their own words
Connected Risk SOX Compliance Management
Connected Risk SOX Compliance Management helps organizations run SOX and ICFR programs by bringing controls, testing, evidence, remediation, and reporting into one system. Teams can centralize controls, automate testing, track evidence, manage deficiencies and remediation, and produce real-time reports for auditors and leadership. The platform is modular and configurable: users can adjust forms, workflows, and reports without developers. Role-based access, version control, and audit trails support permission oversight and change tracking. Integrations are described for Microsoft Office, Active Directory/SSO, regulatory content providers, BI and reporting tools, data science tools, and document management systems. Documented RESTful API endpoints support inserting and retrieving data. Customers can choose secure cloud hosting or their own on-premises environment, with API, self-hosted, and web platforms listed. Related modules include Internal Audit, Internal Controls, Enterprise Risk, Third-Party Risk, Model Risk, and Policy & Compliance. The vendor describes the platform as SOC 2, FedRAMP, and GDPR compliant and says implementation includes support and established processes. Pricing is on request.
FloQast
FloQast is accounting workflow software for teams handling close, reconciliation, accounting operations, and compliance. It brings close tasks together, tracks progress, and helps surface dependencies and bottlenecks across teams and entities. Its tools automate reconciliations, transaction matching, and journal entry workflows, with review and approval steps. Teams can review AI-generated transaction-matching rules; FloQast says its AI learns from user inputs. The platform includes audit trails, task dependencies, recurring templates, multi-entity close, and native ERP connectivity. FloQast lists integrations spanning ERP, banking, accounts payable, collaboration, communications, documentation, identity management, and payroll, including ADP, Box, Google Drive, Microsoft Teams, and Slack. The service is cloud-based and browser-accessible, with macOS and Windows support. FloQast says it provides a SOC 3 report, conducts annual penetration tests on high-risk products and infrastructure, and holds ISO/IEC 42001 certification for its accounting transformation platform. The company was founded in 2013 and is headquartered in Los Angeles. It is paid, has no free plan, and offers customized packages with pricing on request.