Home > Accounting Software > FloQast > FloQast vs Sage 100 Cloud

FloQast vs Sage 100 Cloud

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Our analysts compared FloQast vs Sage 100 Cloud based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Overview Pricing Benefits & Features User Ratings Analyst Summary Screenshots
FloQast Software Tool
SelectHub Award Winner
Sage 100 Cloud Software Tool
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Product Basics

FloQast is a comprehensive software solution designed to streamline and enhance the accounting processes for businesses. It is particularly well-suited for medium to large-sized companies looking for an efficient way to manage their accounting tasks, including closing books faster and more accurately. One of the key benefits of using FloQast is its ability to improve collaboration among accounting team members, thereby enhancing overall productivity. The software boasts popular features such as close management, reconciliation, and integration with existing ERP systems, which collectively help in automating and simplifying the accounting workflow. When compared to similar products in the market, users often highlight FloQast's user-friendly interface and robust support as distinguishing factors. Pricing considerations for FloQast typically involve a subscription model, where the cost can vary based on the size of the organization and the specific features required, ensuring that businesses only pay for what they need. Payment frequency is usually on a monthly or annual basis, providing flexibility to suit different budgeting requirements.
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Sage 100cloud is a cloud manufacturing ERP that extends security and compliance to its users. It's scalable and is equipped with configurable settings that meet varying business requirements.

Production management, tailored scripting, inventory requirements planning and analytics just a handful of Sage 100cloud's fundamental accessories.
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$1,920 Annually
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$50/User, Monthly
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Product Assistance

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Product Insights

  • Speedy Accounting Process: Connect people, documents and reconciliations for a streamlined accounting process. Boost the most common accounting processes like expense management, billing and credit and close at an average of three days faster.
  • Easy Collaboration: Provide the tools to connect team members quickly and easily anywhere, anytime. Operate as a single, unified virtual team from anywhere.  
  • Stay Audit Ready: Organize data to keep the business ready for smooth and efficient audits by documenting and time-stamping all the work processes. 
  • Streamline Accounting Workflow: Streamline and automate common accounting workflow to save time, money and person-hours that would be otherwise spent on mundane tasks.  
  • Easy Integration: Integrate with ERP systems and Excel workbooks to automate reconciliation ties-ups. Leverage traditional accounting tools. 
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  • Improve Transparency: Implement real-time snapshots of every item and establish faithful delivery expectations to increase customer satisfaction as well as catch hangups and issues before they become major problems. 
  • Diminish Hazards: Comply with ever-changing industry regulations and requirements with smooth audit tracking. 
  • Perform More Tasks: Work with a configurable user interface, workflows, automation add-ons and more to align with an organization's practices. 
  • Boost Accuracy: Maintain costs as well as track labor, direct AP costs, overhead costs and other job-related qualities, providing users with visibility into production costs. 
  • Maximize Inventory: Operate inventory requirements planning to merge sales order intel with manufacturing processing information to understand when inventory ordering is necessary. This module also decreases mistakes with built-in analytic tools.  
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  • Security: Get SOC1 Type II certifications, which ensure review viability by a third-party auditor. Leverage a financial management software that utilizes SSL 256 AES encryption and leading authentication protocols. 
  • Multi-Currency Support: Support all the major currencies, giving businesses the power to conduct transactions globally and seamlessly manage the month-end close across international boundaries 
  • Zero Storage Fee: Ensure that sensitive data gets well secured in the system without charging an extra fee.  
  • Implementation: Get implementation on the phone by a team of CPAs and accounting experts in only a few weeks, unlike other alternatives, which can take months.  
  • GL Integration: Provide seamless integration with Cloud ERP that pulls out the GL balance and automatically matches it to the Excel spreadsheet, without any human intervention 
  • Quick Implementation: Get it up and running in a few weeks. Eliminate costly, time-consuming implementations that come with associated risks.  
  • Other Products:
    • Close Management: Use Close to ensure that wrapping up the books is quick and easy. Save three days every month by organizing, automating and executing the close in the cloud.  
    • Account Reconciliation: Use Auto Rec Matching to match bank transactions to the general ledger in real time. Improve your account reconciliation without spending hours manipulating, color coding and copy-pasting data in Excel. Automate the accounting process and reduce review time and audit questions.  
    • Financial Reporting: Prepare the data for IPO day by documenting and assigning everything in the close process. Identify bottlenecks while the model documents and assigns respective work to team members. 
    • Flux: Automate report building and gain the flexibility to meet the business’s requirements. Deliver flux reports on time by periodically tracking sign-offs and communication. 
    • Analyze: Get rich insights to identify the problem areas and maximize productivity to enhance future closes. Promote a culture of accountability and improvement with historical financial data 
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  • Customization: Import data throughout various programs and make Sage 100cloud fit unique business needs with the custom scripting apparatus. Users may also customize the user interface and add as many data fields as needed to gather the right amount of information to keep their company compliant. 
  • Sales: Evaluate critical vendor and client information with Microsoft Outlook via the sales tool. It enables users to modify permissions to gain intel on customers' available credit, outstanding balances and the average time taken to pay bills. 
  • Planning: Expedite planning methods to ensure sleek operations and tactical decisions are made with the budgeting and planning appliance. This tool also boosts internal and external teamwork, authenticity and momentum. 
  • Analytics: Redirect attention to the analysis and explanation of vital data, build adjustable reports and promptly send reports with the analytics attribute. 
  • Inventory Requirements Planning: Study existing supply and demand functionality with a transparent view of inventory stock levels, available purchase and sales orders and production material necessities with the inventory requirements planning module. 
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Product Ranking

#133

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Accounting Software

#391

among all
Accounting Software

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User Sentiment Summary

Excellent User Sentiment 52 reviews
Good User Sentiment 518 reviews
97%
of users recommend this product

FloQast has a 'excellent' User Satisfaction Rating of 97% when considering 52 user reviews from 1 recognized software review sites.

77%
of users recommend this product

Sage 100 Cloud has a 'good' User Satisfaction Rating of 77% when considering 518 user reviews from 4 recognized software review sites.

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4.6 (14)
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3.6 (172)
4.83 (52)
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4.1 (256)
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3.5 (76)

Awards

FloQast stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

Streamlined Close Process: FloQast offers features to centralize and automate tasks, such as reconciliations and checklists, which can significantly reduce the time it takes to close the books each month.
Improved Visibility and Control: The platform provides real-time dashboards and reporting tools that give accounting teams better insights into the close process, allowing for proactive issue identification and resolution.
Enhanced Collaboration: FloQast facilitates communication and collaboration among team members by providing a centralized platform for task management, document sharing, and communication.
Reduced Risk of Errors: Automation and standardization of processes can help minimize the risk of human error, leading to more accurate financial reporting.
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Simple Implementation: Precisely 83% of users stated this program has simple implementation processes and a user-friendly interface.
Features Aplenty: This solution comes with a wide array of features such as budgeting and forecasting, inventory requirements planning, accounting, CRM and more, according to 51% of users.
Reliable: Of the users who discussed Sage 100cloud's performance, 47% stated it was a reliable program that streamlined production and met their business needs.
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Steep Learning Curve: The initial setup and configuration of FloQast can be complex, requiring significant time investment and training to understand its functionalities and workflows effectively.
Limited Customization: FloQast's features and workflows may not align perfectly with the specific needs and preferences of all accounting teams, potentially leading to inefficiencies or workarounds.
Integration Challenges: Integrating FloQast with existing accounting software or other business systems can be technically challenging and may require additional IT support or custom development.
Cost Considerations: FloQast's pricing structure may be a concern for smaller businesses or those with limited budgets, as the cost can vary depending on the number of users and features required.
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Glitches: According to 52% of users, this solution has the occasional glitches and freeze-ups.
Complicated Features: Roughly 41% of users believe the features are complicated and overwhelming, especially for those who own small businesses.
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FloQast is a cloud-based accounting software specializing in cash flow management, bank reconciliation, and financial close processes. While some users praise its ease of use and time-saving features like automated reconciliation for various accounts, others express concerns about its price and limited features compared to competitors. For example, unlike Bill4Time, FloQast is a standalone accounting solution, meaning it may not integrate with as many other business tools. FloQast's strength lies in its focus on streamlining financial close processes with templatized checklists for tasks like requesting information from department heads and confirming payments. This makes it particularly well-suited for businesses that prioritize efficient financial close procedures. However, businesses seeking a more comprehensive accounting solution with extensive integrations might find FloQast lacking.

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Sage 100cloud is a manufacturing solution intended for medium and large-sized businesses. It comes with a wide range of features such as inventory requirements planning, CRM, budgeting and forecasting, sales analytics and more. It has an easy implementation process and most users find it a reliable solution for their production practices. However, some users find that it lags in performance because it experiences glitches and freeze-ups. Some features are also complicated or a bit overwhelming for small businesses. Overall, the majority of users find this application a robust and effective tool.

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Screenshots

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