FloQast vs MargBooks
FloQast
floqast.comMargBooks
margbooks.comSide by side
| Figure | FloQast | MargBooks |
|---|---|---|
| Price from | $999/mo | ₹450/mo |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | Yes |
| macOS | Yes | — |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 2 | 11 |
| Spec score · Accounting Automation Software | 8.4 (#13) | 8.8 (#7) |
| Company size | LinkedIn lists company size as 501–1,000 employees. | LinkedIn lists MargBooks at 201–500 employees, headquartered in Delhi, and founded in 2021 as a Marg ERP product. |
| Founded | 2013 | 1992 |
| Headquarters | Los Angeles, California, US | Noida, Uttar Pradesh, India |
| Integrations | FloQast lists integrations across ERP, banking, accounts payable, collaboration, communication, documentation, identity management, and payroll, including ADP, Box, Google Drive, Microsoft Teams, and Slack. | The Open API page identifies CRM tools, eCommerce platforms, WhatsApp, and POS as examples of systems that can be connected. |
| Rating on Capterra | 4.9 out of 5 from 106 reviews. | No rating (0 out of 5) from 0 reviews |
| Rating on G2 | 4.6 out of 5 from 1,416 reviews. | 4.8 out of 5 from 2 reviews |
| Rating on GetApp | 4.9 out of 5 from 106 reviews. | No rating (0 out of 5) from 0 reviews |
| Security | FloQast says it provides a SOC 3 report and performs annual penetration tests on high-risk products and infrastructure. | MargBooks’ privacy policy says it uses commercially acceptable means to protect personal data but cannot guarantee absolute security. |
| Support | Customers can submit platform support requests through FloQast’s support portal, and account managers or customer success managers handle billing questions. | The mobile app page lists chat support and gives a support phone number and support email. |
| What it does | FloQast is a cloud accounting transformation platform for close management, reconciliations, accounting operations and compliance. | MargBooks is Marg ERP Ltd.'s cloud billing, GST, accounting and inventory platform for businesses. |
Plans
MargBooks
- Gold₹5,400 a year
- Diamond₹8,100 a year
- Platinum₹15,300 a year
- Platinum Plus₹29,700 a year
- EnterprisePriced on request
- Gold Lite App₹2,700, paid once
- Gold — India, 1 year₹5,400 a year
- Diamond — India, 1 year₹8,100 a year
- Platinum — India, 1 year₹15,300 a year
- Platinum Plus — India, 1 year₹29,700 a year
In their own words
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.
MargBooks
MargBooks is cloud-based billing and accounting software developed by Marg ERP Ltd. for businesses of all sizes. It handles accounting tasks, transaction tracking, cash flow, and inventory control, including location-level stock and tracking by batch, expiry, and serial number. GST tools cover compliant invoices, reporting, GSTR forms, and e-way bills. The mobile app supports barcode billing, branded invoices, sharing by email or WhatsApp, and financial and stock reports. MargBooks is available through web and mobile apps on Android and iOS, with an API for connections such as CRM tools, eCommerce platforms, WhatsApp, and POS. API materials include documentation, technical support, and a sandbox for integration testing. Features also include journal-entry and reconciliation automation, multi-entity support, audit trails, and automatic cloud backup. The paid product has no free plan and offers a 7-day trial. Annual plans start at ₹5,400 a year, GST exclusive; the pricing note also states From $1,377. Marg ERP Ltd. was established in 1992 and is based in Noida, Uttar Pradesh, India.