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.
Hyperproof
Hyperproof is a central compliance operations platform that helps you automate evidence collection, manage multiple frameworks, and streamline audits to stay secure and compliant without the manual effort.
Quick Comparison
| Feature | FloQast | Hyperproof |
|---|---|---|
| Website | floqast.com | hyperproof.io |
| 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 | 2013 | 2018 |
| Headquarters | Los Angeles, USA | Bellevue, USA |
Overview
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.
Hyperproof
Hyperproof is a compliance operations platform designed to take the manual grind out of staying compliant. You can manage all your frameworks—like SOC 2, ISO 27001, and HIPAA—in one central location rather than juggling endless spreadsheets. It automates the tedious process of evidence collection by syncing directly with your existing tech stack, ensuring your controls are always up to date and audit-ready.
You can also identify security gaps in real-time and collaborate with your team on remediation tasks through integrated workflows. Whether you are preparing for your first audit or managing a complex global compliance program, the platform provides the visibility you need to reduce risk and prove your security posture to customers and partners.
Overview
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.
Hyperproof Features
- Automated Evidence Collection. Connect your cloud services and security tools to automatically gather evidence and eliminate manual screenshots and uploads.
- Multi-Framework Mapping. Map a single control to multiple regulatory frameworks so you can test once and satisfy many requirements simultaneously.
- Audit Management. Create dedicated spaces for auditors to review evidence securely, reducing back-and-forth emails and speeding up the certification process.
- Risk Register. Identify, track, and mitigate organizational risks by linking them directly to your existing controls and compliance activities.
- Continuous Monitoring. Set up automated alerts to notify you the moment a control fails or evidence becomes stale, ensuring constant compliance.
- Vendor Risk Management. Assess and monitor the security posture of your third-party vendors through automated questionnaires and centralized risk tracking.
Pricing Comparison
FloQast Pricing
Hyperproof Pricing
Pros & Cons
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
Hyperproof
Pros
- Automated evidence collection saves hundreds of manual hours
- Intuitive interface makes complex frameworks easy to navigate
- Excellent customer success team provides hands-on implementation support
- Centralized dashboard offers clear visibility into audit progress
Cons
- Initial setup and integration mapping requires significant time
- Reporting customization can be limited for complex needs
- Higher price point compared to basic compliance tools