CMiC
CMiC provides a unified construction management platform that integrates financial accounting and project management into a single database to help you streamline complex building projects.
FloQast
FloQast is a cloud-based accounting workflow automation software that helps your finance team streamline the month-end close process by integrating with your existing ERP and Excel workbooks.
Quick Comparison
| Feature | CMiC | FloQast |
|---|---|---|
| Website | cmicglobal.com | floqast.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1974 | 2013 |
| Headquarters | Toronto, Canada | Los Angeles, USA |
Overview
CMiC
CMiC is a comprehensive construction ERP designed to help you manage every aspect of your building projects from a single source of truth. By eliminating the gap between your field operations and back-office finance, you can track costs in real-time and ensure your project data remains consistent across all departments. You can handle complex tasks like multi-entity accounting, payroll, and resource planning without switching between disconnected tools.
The platform is built specifically for the construction industry, catering to general contractors and specialty trades who need to scale their operations. You can manage document workflows, track submittals, and monitor job site productivity through a centralized dashboard. Whether you are overseeing a single large-scale development or a portfolio of diverse projects, it provides the visibility you need to protect your margins and stay on schedule.
FloQast
FloQast is a workflow automation platform built by accountants for accountants to help you manage the month-end close with more precision. Instead of chasing status updates through emails and spreadsheets, you get a centralized dashboard that syncs your ERP data with your Excel reconciliation workbooks in real-time. This ensures your trial balance always matches your documentation, significantly reducing the risk of manual errors during the financial consolidation process.
You can manage tasks, track deadlines, and automate repetitive reconciliations while maintaining a clear audit trail for internal and external stakeholders. The platform is designed for mid-market and enterprise finance teams who need to increase transparency and speed up their closing cycles without forcing staff to learn entirely new, complex accounting systems. It bridges the gap between your general ledger and your final financial statements.
Overview
CMiC Features
- Unified Financials Manage your general ledger, accounts payable, and receivable within a system built specifically for construction accounting standards.
- Project Management Track RFIs, submittals, and daily journals from the field to keep your project teams and stakeholders perfectly aligned.
- Resource Planning Allocate your labor and equipment across multiple job sites to maximize utilization and prevent costly scheduling conflicts.
- Mobile Field Tools Capture data directly from the job site using mobile apps that sync instantly with your back-office financial records.
- Opportunity Management Track your lead pipeline and manage bids effectively to ensure you are winning the most profitable construction contracts.
- Human Capital Management Handle complex union payroll, benefits, and employee certifications while staying compliant with local labor regulations and reporting.
FloQast Features
- Close Management. Track your entire month-end process with a centralized checklist that provides real-time visibility into every task and deadline.
- AutoRec. Automate the matching of high-volume transactions across bank statements and your ERP to eliminate hours of manual data entry.
- Reconciliation Management. Link your Excel workbooks directly to your ERP to ensure your account balances always stay in sync automatically.
- Flux Analysis. Perform period-over-period fluctuations analysis directly within the platform to identify and explain significant variances in your financial data.
- Audit Ready. Maintain a permanent, organized record of all sign-offs and supporting documentation to make your year-end audits faster and easier.
- ERP Integration. Connect your existing accounting systems like NetSuite, Sage Intacct, or SAP to pull data without manual exports.
Pricing Comparison
CMiC Pricing
FloQast Pricing
Pros & Cons
CMiC
Pros
- Single database eliminates data silos between departments
- Extremely deep functionality for complex accounting needs
- Strong reporting capabilities for multi-entity organizations
- Industry-specific features like union payroll management
- Highly scalable for growing construction enterprises
Cons
- Significant learning curve for new team members
- Implementation process requires substantial time and resources
- User interface can feel dated compared to newer apps
FloQast
Pros
- Integrates seamlessly with existing Excel-based workflows
- Significantly reduces time spent on month-end close
- Provides excellent visibility for management into task status
- Simplifies the audit process with organized documentation
- Intuitive interface requires very little training for accountants
Cons
- Initial setup of folder structures requires careful planning
- Custom pricing can be high for smaller organizations
- Limited advanced reporting compared to full ERP suites