FloQast vs NetClose
FloQast
floqast.comNetClose
netgain.techSide by side
| Figure | FloQast | NetClose |
|---|---|---|
| Price from | $999/mo | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | — |
| Windows | Yes | — |
| macOS | Yes | — |
| API | Yes | — |
| Plans published | 2 | 1 |
| Spec score · Financial Close Software | 8.6 (#4) | 7.5 (#12) |
| Spec score · Accounting Automation Software | 8.4 (#13) | 7.3 (#25) |
| Founded | 2013 | 2018 |
| Purpose | FloQast is an accounting workflow automation platform built to help accounting teams manage close, reconciliation, accounting operations, and compliance workflows. | NetClose automates financial close work such as amortizations, reconciliations, and flux analysis for NetSuite users. |
| Security | FloQast says it provides a SOC 3 report and performs annual penetration tests on high-risk products and infrastructure. | Netgain says it provides assurance through annual SOC reports. |
| Support | Customers can submit platform support requests through FloQast’s support portal, and account managers or customer success managers handle billing questions. | Every Netgain customer receives Base Support, with optional Enhanced and Platinum tiers that offer faster response times and additional support. |
Plans
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.