Workiva and FloQast partner to offer solution for financial closing and reporting

Workiva, provider of a connected reporting and compliance platform, and FloQast, a provider of close management software created by accountants for accountants, are forming a partnership to help high-growth private and public companies streamline and automate their financial close and reporting processes.

Workiva and FloQast plan to jointly offer a beginning-to-end connected reporting and compliance solution to private companies as well as to companies before and after they issue an Initial Public Offering of stock.

The integration will enable users to seamlessly connect month-end close data from FloQast with all other business data in the Workiva platform, saving time and reducing risk by improving accuracy and transparency in their financial reports.

“Financial and performance reporting relies on the timely and accurate delivery of the month-end close data,” said Ken Sims, senior vice president of business and corporate development at FloQast. “Our integration with Workiva appeals to many of our high-growth private and public customers, which more and more are turning to close management, along with financial and performance reporting solutions, to add process efficiencies to keep pace with the demands of their growing organizations."

The Workiva and FloQast partnership also includes a bilateral referral agreement. The Workiva and FloQast data integration will be available in the fourth quarter of 2019.

For more information about this news, visit www.workiva.com or www.floqast.com.