FloQast vs RiskWatch SOX Compliance

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.

RiskWatch SOX Compliance helps organizations maintain continuous internal-control-over-financial-reporting evidence and support Sarbanes-Oxley Sections 302 and 404. It collects IT general-controls evidence from identity, ticketing, code, monitoring, and ERP tools. A Management Review Control builder records selection criteria, review evidence, investigation outcomes, and reviewer accountability. The software detects clusters of deficiencies and prioritizes remediation by restatement-risk impact. Its SOX workflow also automates quarterly access certifications, tracks privileged access, and detects segregation-of-duties conflicts. RiskWatch supports more than 40 regulatory frameworks, including SOX, ISO 27001, HIPAA, PCI DSS, SOC 2, and NIST standards. Listed evidence sources include Okta, Azure AD, Jira, ServiceNow, GitHub, GitLab, Splunk, Datadog, NetSuite, and SAP. REST and webhook APIs are standard; custom GRC, ITSM, and HRIS integrations are quoted separately. Quote options include cloud, on-premise, or hybrid deployment, with US East and EU Frankfurt data residency. The SOX page advertises a seven-day trial with full SOX features and no credit card required. Pricing is by custom quote, and there is no free plan.