Does FloQast offer the same functionality as BlackLine?

No. BlackLine provides more capabilities to modernize your financial operations, from systematized controls to advanced automation capabilities and a more comprehensive solution portfolio across record-to-report, plus solutions for invoice-to-cash. Unlike FloQast, with BlackLine, teams can unify critical closing activities, including close, consolidation, and financial analysis, to accelerate financial reporting. Explore our solutions.

Will BlackLine make me stop using Excel?

Not unless you want to. But with FloQast, your only choice is to stay in Excel. We often find teams can be more productive in Excel when they aren’t creating vlookup, index match, or even sumproduct formulas to reconcile hundreds or even millions of lines of data. Our software systematizes and automates manual and cumbersome processes that you ordinarily do in Excel to reconcile data, identify outliers, and perform variance analysis (to name a few). This means more time for impactful work in Excel, not for repeating the same reconciliation every month.

Will I have to change my current process (in Excel)?

A best practice for staying competitive and happy is being comfortable with better working methods. We won’t say choosing BlackLine will not mean changing, but in a short timeframe, you’ll have more efficiency, control, and productivity. And you’ll join a community of hundreds of thousands of users who have successfully improved their accounting processes."Change the way you look at things, and the things you look at change." — Wayne W. Dyer

Is BlackLine’s implementation timeline shorter than FloQast’s?

BlackLine typically offers faster implementation options than FloQast, including the 5-Day Fast Track, our quick-start implementation. Even our standard implementation, the 2-week Rapid Remote, is typically quicker than FloQast’s setup. Learn more about our approach here.

Does BlackLine’s software need a lot of technical resources (e.g., IT)?

BlackLine is a business-owned technology that is owned by accounting teams. Though you may choose to assign IT owners, most finance and accounting teams maintain and manage their BlackLine instances with little to no IT involvement.

Does technology that is “By Accountants, For Accountants” make sense?

It does, but let’s be honest: developing impactful software takes expertise from accounting subject matter experts and the industry's foremost technology, security, and operations experts, all of which work at BlackLine. Just look at our awards in these areas.

Does BlackLine see more user adoption than FloQast?

Last we checked, BlackLine boasts a larger customer and user base than FloQast. Thousands of companies - and hundreds of thousands of users - trust BlackLine to optimize their financial operations. More importantly, our customers are satisfied and choose to stay with BlackLine, as evidenced by our 97% retention rate.

Is BlackLine only for Enterprise Organizations?

No. More than half of our customers are small or midsize organizations, sometimes with just one user. BlackLine’s platform is designed to meet you where you are today and grow with your organization’s needs. That's why we have a 97% customer retention rate, and why many FloQast users often switch to BlackLine.

Will BlackLine attempt to sell me more than I need?

No. Our approach focuses on understanding your organizational and optimization goals to identify the solutions that will provide the most impact on day one

Finance & Accounting Teams Choose BlackLine over FloQast

Optimize your financial operations with leading practices to achieve results now and in the future using the world’s leading finance and accounting software.

Schedule a Demo Today

BlackLine vs. FloQast

Choosing the right vendor is essential to improving your processes. BlackLine offers the most comprehensive solutions for finance and accounting teams to achieve that goal.

Our approach is underpinned by how work should be done. With foundational leading solutions that deliver more accuracy and more opportunities for efficiency and intelligence, companies of all sizes choose BlackLine.

Don’t take our word for it. 

See what leading analysts are saying:

2024 ISG Provider Lens™ for Record to Report (R2R)

2024 Ventana Financial Close Buyers Guide

Gartner Magic Quadrant for Close & Consolidation

A+

Challenger

B++

Did not meet minimum
evaluation criteria

“BlackLine’s approach to innovation in R2R reshapes how businesses handle F&A. BlackLine sets itself apart through its profound experience in R2R, fostering customer success through a guided approach.”

2024 ISG Provider Lens™ for Record to Report (R2R)

Benefits of optimizing with BlackLine Accelerators include:

Flexibility to Meet Your Evolving Needs

BlackLine’s approach provides tailored solutions across record-to-report and invoice-to-cash, laying a foundation for unified growth for the office of the CFO. FloQast's solutions focus only on financial close and have limited capabilities for holistic process optimization.

Organizations using BlackLine can scale rapidly, achieving 2.6 times more productivity.

More Leading Practices to Unlock Your Productivity

BlackLine’s cloud-based solutions offer more opportunities to realize future-ready financial operations by enabling unified data, optimized processes, and real-time insight. This includes more capabilities, from reconciliation templates to auto-certification rules, and more solutions, including Journal Entry and Consolidation & Financial Analytics.

As a result, BlackLine users reduce financial close time by up to 70%, compared to 30% for FloQast users.

Rapid Deployment Options for Immediate Results

BlackLine offers a rapid setup for midsized customers measured in days, compared to FloQast’s, which averages a month or more. With our 5-day Fast Track, you’ll have an optimized process in just under a week. Our standard Rapid Remote implementation gets you up and running in just two weeks.

FloQast Users Switch to BlackLine

Many customers that originally selected FloQast switched to BlackLine to meet their evolving and expanding needs.

Need More Reasons to
Choose BlackLine

Better Security

BlackLine takes security seriously and has more data privacy and security certifications than FloQast, including HIPAA and ISO certifications 27017, 27018, and 27701.

Check out our security

Trusted Recommendations

BlackLine has an extensive network of strategic partners with leading advisors of every size. Our advisors have dedicated BlackLine practices and overwhelmingly recommend BlackLine.

Check out our partners