Delivering the close is the baseline. For accounting leaders today, the real goal is driving the kind of measurable results that transform the bottom line. Results such as time reclaimed, risk mitigated, and capital saved.
A new Forrester Consulting Total Economic Impactâ„¢ study commissioned by FloQast reveals how FloQast helped a composite organization representative of interviewed customers achieve a 275% ROI and full payback in under six months.
Key findings include:
- Faster Cycles: Close times reduced by 50% (from 11+ days to 5).
- Audit Savings: 30% reduction in external audit fees.
- AI Efficiency: Bank reconciliations moved from Day 5 to Day 2 using AI-powered automation.
One Controller noted that at an enterprise scale, FloQast makes it "...almost impossible to actually close without having it." |