Finance & Accounting Teams Choose BlackLine over FloQast

No. BlackLine provides more capabilities to modernize your financial operations, from systematized controls to advanced automation capabilities and a more comprehensive solution portfolio across record-to-report, plus solutions for invoice-to-cash. Unlike FloQast, with BlackLine, teams can unify critical closing activities, including close, consolidation, and financial analysis, to accelerate financial reporting.
 
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Not unless you want to. But with FloQast, your only choice is to stay in Excel.
 
We often find teams can be more productive in Excel when they aren’t creating vlookup, index match, or even sumproduct formulas to reconcile hundreds or even millions of lines of data. Our software systematizes and automates manual and cumbersome processes that you ordinarily do in Excel to reconcile data, identify outliers, and perform variance analysis (to name a few). This means more time for impactful work in Excel, not for repeating the same reconciliation every month.

A best practice for staying competitive and happy is being comfortable with better working methods. We won’t say choosing BlackLine will not mean changing, but in a short timeframe, you’ll have more efficiency, control, and productivity. And you’ll join a community of hundreds of thousands of users who have successfully improved their accounting processes.

"Change the way you look at things, and the things you look at change." — Wayne W. Dyer

BlackLine typically offers faster implementation options than FloQast, including the 5-Day Fast Track, our quick-start implementation. Even our standard implementation, the 2-week Rapid Remote, is typically quicker than FloQast’s setup. Learn more about our approach here.

BlackLine is a business-owned technology that is owned by accounting teams. Though you may choose to assign IT owners, most finance and accounting teams maintain and manage their BlackLine instances with little to no IT involvement.

It does, but let’s be honest: developing impactful software takes expertise from accounting subject matter experts and the industry's foremost technology, security, and operations experts, all of which work at BlackLine. Just look at our awards in these areas.

Last we checked, BlackLine boasts a larger customer and user base than FloQast. Thousands of companies - and hundreds of thousands of users - trust BlackLine to optimize their financial operations. More importantly, our customers are satisfied and choose to stay with BlackLine, as evidenced by our 97% retention rate.

No. More than half of our customers are small or midsize organizations, sometimes with just one user. BlackLine’s platform is designed to meet you where you are today and grow with your organization’s needs. That's why we have a 97% customer retention rate, and why many FloQast users often switch to BlackLine.

No. Our approach focuses on understanding your organizational and optimization goals to identify the solutions that will provide the most impact on day one