BlackLine vs FloQast

QuickBooks Online

Xero

NetSuite

QuickBooks Online is an all-in-one online business software designed to help manage business finances. The platform is built to scale businesses, unlocking insights and providing the functionality of a larger team, all on one integrated platform.

Xero is an award-winning online accounting software designed for small business owners and accountants, available on any computer or mobile device with an internet connection. Simplify business admin and get a range of financial insights to help you make better decisions for your business.

NetSuite is an AI-powered cloud-based business management suite. It helps organizations streamline their operations and gain real-time insights into their performance. The suite caters to a range of industries such as manufacturing, retail, and professional services.

BlackLine provides a comprehensive financial operations platform powered by Verity AI that enables organizations to automate and streamline accounting processes. The Studio360 platform integrates financial close, intercompany operations, and invoice-to-cash workflows while delivering audit-ready intelligence for the Office of the CFO. BlackLine's solutions help finance teams reduce close times and audit efforts while improving accuracy across financial operations.

Accounting

Accounts Payable

Accounts Receivable

Alerts/Notifications

Approval Workflow

Audit Trail

Bank Reconciliation

Billing & Invoicing

Budgeting/Forecasting

Cash Flow Management

Cash Management

Checklists

Consolidation/Roll-Up

Dashboard

Financial Reporting

Fixed Asset Management

Forecasting

Fund Accounting

General Ledger

Income & Balance Sheet

Journal Entry Processing

Multi-Currency

Payroll Management

Profit/Loss Statement

Task Management

Tax Management

Timer

BlackLine

Web-based

Basic

Mid-size Business

Large Enterprises

BlackLine Systems

QuickBooks Enterprise

QuickBooks Desktop Enterprise is an accounting software for small businesses which provides users with real-time access to customer, employee, and vendor information. The software includes tools for managing inventory, shipping, sales orders, pricing, tasks, invoicing, reporting, and more.

Sr Accounting Manager

The Floqast team is always responsive and open to critique and you can tell they really adore their product and care about making it better by constantly producing value added features for its end user.

Director, Finance

LOVEEEE FloQast's constant pursuit of innovation – they're not getting left behind in an ever evolving FinTech landscape – and they truly want, listen, and respond to customer feedback

FloQast is an accounting automation solution that helps accountants close their books faster, more accurately and collaboratively. It gives an automated, integrated view of financial data to help reduce errors and save time

Ad hoc Reporting

Audit Management

Client Management

Compliance Management

Compliance Tracking

Data Import/Export

Data Visualization

Document Management

Due Date Tracking

Financial Analysis

Financial Consolidation & Close Management

Financial Templates

For Accountants

Key Performance Indicators

Multi-Company

Multi-Country

Progress Tracking

Project Management

Reminders

Reporting/Analytics

Self-Service Reporting

Strategic Planning

Third-Party Integration

Time Tracking

Transaction Management

Visual Analytics

The FloQast integration most frequently cited by reviewers is NetSuite, an accounting product rated 4.6 out of 5 for its integration with FloQast.

Integrations

Reviews for FloQast come from a wide variety of industries, including accounting (11% of reviewers), computer software (7%), and biotechnology (5%). The most frequent use case for FloQast cited by reviewers is financial close (67% of reviewers).

FloQast

AuditBoard

Assistant Controller

We can attach files to each task and reconciliation, making the review process easier and consolidating our files in one location.

You can view reconciliations and checklists together in Folders or separately across all folders, but you can't view all reconciliations and checklists together across folders (except in Todos but you can't filter there and only shows your items, not the team's).

Accountant

The automation of reconciliations and tasks reduced the manual workload significantly, allowing our team to focus on higher-value activities.

Staff Accountant

If I were to ever leave my current company and work in accounting for a new employer, I would recommend FloQast to them on day #1.

VP Accounting

FloQast has been instrumental in improving close workflow and managing all the supplementary processes (Compliance, Variance analysis etc).  

It's intuitive and provides great visibility from tasks to reconciliations as well as workflows outside the close.

Senior Accountant

Jumping around to sign off on various reconciliations can be time consuming due to the rec's opening in a new window each time if you are selecting them from the timeline view.

SR. Staff Accountant

Currently having a small detail issue with the Auto-Rec feature since it is not manually picking from our Netsuite system.

The insight that management is able to gain from this tool has assisted with identifying efficiencies and adding controls.

Really my only complaint is not being able to duplicate prepaid items in the AutoRec feature.

The added efficiency, transparency and controls that FloQast allows for during our close process.

Information Technology Audit

This model creates inefficiency in managing two access models for one application.

Financial Manager

The interactive dashboard is a great snapshot with filters, making it efficient and effective for viewing progress, and navigating to specific task for review and sign off.

Accounting Supervisor

The note feature which allows reviewers and preparers to leave & respond to comments and the status update feature once all comments are addressed and completed.

SVP, Accounting

We have transitioned the quarterly PBC list from their proprietary system into FloQast, and given them access to all of our financial reporting and monthly close checklist tasks and reconciliation reports.

No task priorities (high, medium, low, etc.) or tags available in Projects.

Sr. Mgr Financial Reporting & Technical Accounting 

The product has helped give visibility into the close process at each operation business unit and helped us gain more efficiencies in the close process.

Overall, using the application simplified month end close process tasks and streamlined that process overall.

Implementation was a breeze - we had just rolled off of a large ERP implementation the year before and we were expecting more of the same with FloQast - but we were up and running in less than two weeks. And better yet, the team was using the system prior to the FloQast-led training session - it is that easy to use and that intuitive! Since the initial go-live, which involved the Accounting team only and focused on the monthly GL close and reconciliation process, we have rolled out to the financial reporting team, FP&A, and Payroll, each of whom has been very satisfied with the efficiency and control they have gained around their processes. But I think the main benefit has been the rollout of the system to our external auditors.

The Sofware keeps all the tasks organized and everyone aligns with the due dates.

Manager of Corporate Accounting

Major process, documentation, and communication improvements across my team.  

Asst. Controller

FloQast is a must-have tool to optimize your MEC processes. When I joined my last company, we had ~300 reconciliations and only ~150 checklist items.

The flux analysis tool is not integrated into the dashboard, and each report has to be refreshed and accessed individually as there's no combined view

Last time I checked, the bank rec automation tool wasn't fully integrated with our banking system and ERP, which didn't allow us to maximize the efficiency of the tool.

Also helped a lot managing the workload for each of the team members

It is still a bit more difficult to make modifications to the reports, especially if your flux reporting is done at the financial statement line item level.

Corporate Controller

Remind is a GREAT tool for those always waiting on documents from other departments!

We can get real time updates with a click of a button which allows us to be in the know when it matters most.

Floqast can easily communicate in Slack and other communication apps to alert you immediately of items needing your attention.

Each staff member understands what they are responsible for and is notified when variances or changes in balances occur.

Accounting Manager

It is connected to our accounting software and makes reviewing reconciliations seamless.

Sr. Accountant

Easy to work with interface, Being able to set task checklist reminders, and most importantly the AutoRec Matching tool.

My only negative for FloQast would be in the Flux Reporting module, and specifically the flux report layout process.

The search selections help to narrow it down to specific companies that I may be focused on at the moment.

I have been a user for our monthly close process.  

I love how responsive FloQast is to customer feedback and questions.

We also like that it identifies areas of needed improvement with its analytics, and that we can use it to track our PBCs and improve document version control.

FloQast is good for the current company size, but I don't think that it would work for large sized companies with a lot of transactions.

On their recommendation, we added additional workflows for functions such as utility management and financial reporting; it has been incredibly beneficial to use FloQast to enhance our entire Finance Department.

FloQast clearly illustrates bottlenecks and inefficiencies through month-end analytics allowing management to address staffing needs and cross-training.

It also clearly links workpapers to tasks, and then further links workpapers to your integrated GL to easily tie out/reconcile account balances.

Controller

The individual assigned to guide us through the set-up did a great job, and I loved the follow-up meetings after the go-live date to ensure we didn't have any issues.

BlackLine vs FloQast Comparison (2026)

BlackLine

FloQast

Overview

Video & Screenshots

Pricing

User reviews

Key features

Integrations

Alternatives