Hurdlr vs FloQast

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

Hurdlr Software Tool

Product Basics

Hurdlr is a comprehensive software designed to streamline accounting and financial management tasks, making it an ideal solution for freelancers, independent contractors, and small business owners. The platform stands out for its ability to automate expense tracking, mileage logging, and tax calculations, thereby saving users a significant amount of time and effort. One of the key benefits of Hurdlr is its real-time income tax estimates, which help users stay on top of their financial obligations without any surprises. Compared to similar products in the market, Hurdlr is praised for its user-friendly interface and the personalized insights it offers into financial performance. When it comes to pricing, Hurdlr offers a range of options to suit different needs and budgets, including a free tier for basic functionalities and paid subscriptions that provide access to more advanced features. Payment for these subscriptions is typically required on a monthly or annual basis, allowing users to choose the plan that best fits their financial situation.

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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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$8.34 Monthly, Freemium
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Tailored to your specific needs
$1,920 Annually
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Tailored to your specific needs
Small
Medium
Large
Small
Medium
Large
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Automatic Tracking: Track your expenses and deductions with auto categorization to help you quickly and accurately save any unnecessary expense and invest in value added tasks 
  • Eliminate Data Entry: Get rid of data entry errors or duplication by securely syncing your data with credit and bank accounts as well as Square, Shopify, PayPal and Uber. 
  • Categorization:  Allow side hustlers and solopreneurs to simply add a card or account as expense account and the app will take care of the rest by categorizing the expense. Get rid of manual work for good. 
  • Save Money: Organize personal and business finances by tracking income, spending and saving on the taxes. 
  • Labels: Set up recurring automated labels to eliminate manual information entry every time a transaction happens.
  • Free to Use: Provides a free version with several valuable features. Leverage automatic mileage tracking and connect an account to the service in the free version.
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  • 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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  • Income and Expense Tracking: Connect with various applications and accounts that provide money and keep track of income and expenses. Show all income and expenses in one dashboard. 
  • Mileage Tracking: Track the miles driven for work. Log them automatically and check back later to segregate the trips as personal or work-related. 
  • Automated Reports: Send well-detailed automatic reports with income and expenses every month. Give insight into how the business is performing to make well-informed decisions. 
  • Tax Estimator: Estimate every quarter that’s owed to the state or federal institutions. Prepare the self-employed to complete taxes accurately.  
  • Invoicing: Automate invoicing, credit card payments and collections. 
  • Accounting: Send customizable invoices and automated accounting right to the balance sheet. Forget missing out on dedication with its automatic expense tracking and easy to accept and process credit card features. 
  • Reports: Get automatic monthly reports on business finances. Organize and manage financial data to make it easier to file taxes when the time comes. 
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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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Product Ranking

#126

among all
Accounting Software

#133

among all
Accounting Software

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User Sentiment Summary

Great User Sentiment 8 reviews
Excellent User Sentiment 52 reviews
83%
of users recommend this product

Hurdlr has a 'great' User Satisfaction Rating of 83% when considering 8 user reviews from 1 recognized software review sites.

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.

4.13 (8)
4.83 (52)

Awards

No awards.

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

User Favorite Award

Synopsis of User Ratings and Reviews

Mileage Tracking: Automatically tracks mileage through GPS, saving users time and ensuring accurate records for tax deductions or reimbursements.
Tax Calculations: Estimates quarterly taxes as users earn, helping them avoid surprises and plan their finances effectively.
Income & Expense Tracking: Categorizes income and expenses, providing users with insights into their financial patterns and areas for potential savings.
Invoicing: Creates and sends invoices, simplifying the billing process for freelancers and small business owners.
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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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Limited Reporting: Users have expressed frustration with the inability to generate custom reports or export data in various formats, hindering in-depth financial analysis.
Categorization Issues: Automatic expense categorization can be inaccurate, requiring manual intervention and adjustments, which can be time-consuming for users with numerous transactions.
Mobile App Limitations: The mobile app's functionality is restricted compared to the web version, making it less convenient for users who primarily manage their finances on the go.
Customer Support: Some users have reported challenges in receiving timely and effective assistance from Hurdlr's customer support team, leading to unresolved issues and dissatisfaction.
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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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Hurdlr has garnered positive feedback for its user-friendly design and automation features, particularly its automatic mileage tracking and expense categorization. Users appreciate how it simplifies tax preparation by organizing income and expense data, and its ability to sync with various payment platforms streamlines financial management. The free version with its core features is a major draw, making it accessible to a wider audience. However, some users have noted that reporting features could be more robust, and others have expressed a desire for multicurrency support. Compared to similar products like Zoho Expense, Hurdlr stands out with its emphasis on automation and ease of use, catering specifically to freelancers, solopreneurs, and gig workers. Its strength lies in its ability to eliminate manual data entry and simplify complex financial tasks, making it ideal for those who prefer a hands-off approach to managing their finances. While it may not offer the comprehensive accounting features of some competitors, its targeted approach and affordability make it a compelling choice for its intended audience.

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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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SAP S/4 HANA Finance

TallyPrime

Wave Accounting

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