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.
Scrut Automation
Scrut Automation is a governance, risk, and compliance platform that helps you streamline security audits and maintain continuous monitoring across your entire cloud infrastructure and applications.
Quick Comparison
| Feature | FloQast | Scrut Automation |
|---|---|---|
| Website | floqast.com | scrut.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 | 2020 |
| Headquarters | Los Angeles, USA | Milpitas, 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.
Scrut Automation
Scrut Automation simplifies the complex world of information security compliance by automating the manual work involved in audits. You can connect your entire tech stack to the platform, which then automatically collects evidence for over 20 global compliance frameworks including SOC 2, ISO 27001, and GDPR. It eliminates the need for messy spreadsheets and manual screenshots by providing a single source of truth for your security posture.
The platform helps you identify security gaps in real-time and provides actionable remediation steps to fix them before they become audit issues. You can manage policies, perform risk assessments, and monitor vendor security all from one dashboard. It is designed specifically for fast-growing technology companies that need to build trust with customers without slowing down their engineering teams.
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.
Scrut Automation Features
- Automated Evidence Collection. Connect your cloud services and applications to automatically gather audit-ready evidence without manual data entry or screenshots.
- Continuous Compliance Monitoring. Monitor your security controls 24/7 and receive instant alerts when a configuration drifts out of compliance.
- Policy Management. Create and manage your security policies using pre-built templates that align with major international regulatory frameworks.
- Risk Assessment. Identify and prioritize your organization's security risks with automated workflows and a centralized risk register.
- Vendor Risk Management. Assess and track the security posture of your third-party vendors to ensure your entire supply chain stays secure.
- Trust Center. Build customer trust by sharing a real-time view of your security posture and compliance certifications through a branded portal.
Pricing Comparison
FloQast Pricing
Scrut Automation 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
Scrut Automation
Pros
- Significantly reduces the time spent on manual audit preparation
- Intuitive dashboard makes complex compliance tasks easy to understand
- Excellent customer support during the initial audit readiness phase
- Wide range of pre-built integrations for popular cloud services
- Automated alerts help catch security misconfigurations quickly
Cons
- Initial setup of custom controls can be time-consuming
- Pricing is not transparent and requires a sales call
- Some advanced reporting features have a slight learning curve