FloQast vs Countable.co
Last Updated:Our analysts compared FloQast vs Countable.co based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.
Product Basics
Product Assistance
Product Insights
- Speedy Accounting Process: Connect people, documents and reconciliations for a streamlined accounting process. Boost the most common accounting processes like expense management, billing and credit and close at an average of three days faster.
- Easy Collaboration: Provide the tools to connect team members quickly and easily anywhere, anytime. Operate as a single, unified virtual team from anywhere.
- Stay Audit Ready: Organize data to keep the business ready for smooth and efficient audits by documenting and time-stamping all the work processes.
- Streamline Accounting Workflow: Streamline and automate common accounting workflow to save time, money and person-hours that would be otherwise spent on mundane tasks.
- Easy Integration: Integrate with ERP systems and Excel workbooks to automate reconciliation ties-ups. Leverage traditional accounting tools.
- Streamlined Workflow: Countable.co integrates various accounting tasks into a single platform, reducing the need for multiple software solutions and minimizing the risk of data discrepancies.
- Real-Time Collaboration: The software allows team members to work simultaneously on financial documents, ensuring that everyone is on the same page and decisions are made with the most current information.
- Enhanced Accuracy: Automated calculations and data entry reduce human error, leading to more reliable financial reports and insights.
- Time Efficiency: By automating repetitive tasks such as invoicing and payroll, Countable.co frees up valuable time for accountants to focus on strategic planning and analysis.
- Cost Savings: With reduced need for manual labor and fewer errors, businesses can save on operational costs and allocate resources more effectively.
- Scalability: Countable.co can grow with your business, accommodating increased transaction volumes and more complex financial structures without a hitch.
- Data Security: The platform employs robust encryption and security protocols to protect sensitive financial data, ensuring compliance with industry standards.
- Customizable Reporting: Users can tailor financial reports to meet specific business needs, providing insights that are directly relevant to their strategic goals.
- Regulatory Compliance: Countable.co stays updated with the latest accounting standards and regulations, helping businesses maintain compliance effortlessly.
- Improved Cash Flow Management: With tools for tracking receivables and payables, businesses can better manage their cash flow and make informed financial decisions.
- Accessible Support: Countable.co offers responsive customer support to assist users with any issues, ensuring minimal disruption to business operations.
- Integration Capabilities: The software can seamlessly integrate with other business tools, such as CRM and ERP systems, creating a cohesive ecosystem for managing business operations.
- Insightful Analytics: Advanced analytics tools provide deep insights into financial performance, helping businesses identify trends and opportunities for growth.
- User-Friendly Interface: Designed with the user in mind, Countable.co offers an intuitive interface that simplifies complex accounting tasks for users of all skill levels.
- Remote Accessibility: Cloud-based access allows users to manage accounting tasks from anywhere, facilitating remote work and increasing flexibility.
- Security: Get SOC1 Type II certifications, which ensure review viability by a third-party auditor. Leverage a financial management software that utilizes SSL 256 AES encryption and leading authentication protocols.
- Multi-Currency Support: Support all the major currencies, giving businesses the power to conduct transactions globally and seamlessly manage the month-end close across international boundaries
- Zero Storage Fee: Ensure that sensitive data gets well secured in the system without charging an extra fee.
- Implementation: Get implementation on the phone by a team of CPAs and accounting experts in only a few weeks, unlike other alternatives, which can take months.
- GL Integration: Provide seamless integration with Cloud ERP that pulls out the GL balance and automatically matches it to the Excel spreadsheet, without any human intervention
- Quick Implementation: Get it up and running in a few weeks. Eliminate costly, time-consuming implementations that come with associated risks.
- Other Products:
- Close Management: Use Close to ensure that wrapping up the books is quick and easy. Save three days every month by organizing, automating and executing the close in the cloud.
- Account Reconciliation: Use Auto Rec Matching to match bank transactions to the general ledger in real time. Improve your account reconciliation without spending hours manipulating, color coding and copy-pasting data in Excel. Automate the accounting process and reduce review time and audit questions.
- Financial Reporting: Prepare the data for IPO day by documenting and assigning everything in the close process. Identify bottlenecks while the model documents and assigns respective work to team members.
- Flux: Automate report building and gain the flexibility to meet the business’s requirements. Deliver flux reports on time by periodically tracking sign-offs and communication.
- Analyze: Get rich insights to identify the problem areas and maximize productivity to enhance future closes. Promote a culture of accountability and improvement with historical financial data
- Automated Data Entry: Streamlines the process of entering financial data by automatically extracting information from uploaded documents.
- Real-Time Collaboration: Allows multiple users to work on the same financial data simultaneously, enhancing teamwork and efficiency.
- Customizable Dashboards: Provides users with the ability to tailor their dashboards to display the most relevant financial metrics and KPIs.
- Secure Cloud Storage: Ensures that all financial data is stored safely in the cloud, with robust encryption and regular backups.
- Comprehensive Reporting Tools: Offers a wide range of reporting options, including balance sheets, income statements, and cash flow reports.
- Integration with Banking Systems: Seamlessly connects with various banking platforms to import transactions and reconcile accounts automatically.
- Audit Trail Functionality: Maintains a detailed log of all changes made to financial data, supporting transparency and accountability.
- Multi-Currency Support: Facilitates transactions and reporting in multiple currencies, ideal for businesses operating internationally.
- Tax Compliance Features: Includes tools to help ensure compliance with tax regulations, such as automated tax calculations and filing reminders.
- Expense Management: Simplifies tracking and categorizing business expenses, with options for receipt uploads and approval workflows.
- Customizable Chart of Accounts: Allows businesses to create a chart of accounts that aligns with their specific financial reporting needs.
- Mobile Accessibility: Provides a mobile app that enables users to access financial data and perform key tasks on the go.
- Advanced Analytics: Utilizes data analytics to provide insights into financial performance and trends, aiding strategic decision-making.
- Client Portal: Offers a dedicated portal for clients to view and interact with their financial information securely.
- Time Tracking Integration: Integrates with time tracking tools to streamline billing and payroll processes.
- Role-Based Access Control: Ensures that users have access only to the information and functions necessary for their role, enhancing security.
- Automated Invoicing: Facilitates the creation and sending of invoices, with options for recurring billing and payment reminders.
- Project Accounting: Supports tracking of financial performance at the project level, useful for businesses managing multiple projects.
- Vendor Management: Helps manage vendor relationships and track payments, with features for purchase orders and vendor performance analysis.
- Customer Support: Provides access to a knowledgeable support team to assist with any technical or functional queries.
Product Ranking
#48
among all
Accounting Software
#70
among all
Accounting Software
User Sentiment Summary
52 reviews
16 reviews
FloQast has a 'excellent' User Satisfaction Rating of 97% when considering 52 user reviews from 1 recognized software review sites.
Countable.co has a 'excellent' User Satisfaction Rating of 92% when considering 16 user reviews from 2 recognized software review sites.
Awards
FloQast stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
Countable.co stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
Synopsis of User Ratings and Reviews
FloQast is a cloud-based accounting software specializing in cash flow management, bank reconciliation, and financial close processes. While some users praise its ease of use and time-saving features like automated reconciliation for various accounts, others express concerns about its price and limited features compared to competitors. For example, unlike Bill4Time, FloQast is a standalone accounting solution, meaning it may not integrate with as many other business tools. FloQast's strength lies in its focus on streamlining financial close processes with templatized checklists for tasks like requesting information from department heads and confirming payments. This makes it particularly well-suited for businesses that prioritize efficient financial close procedures. However, businesses seeking a more comprehensive accounting solution with extensive integrations might find FloQast lacking.
Is Countable.co really something to shout about? User reviews from the past year paint a mixed picture, revealing both strengths and areas for improvement. Many users rave about Countable.co's seamless integration with popular accounting software like Xero, which they highlight as a major time-saver. For instance, one user mentioned how Countable.co automatically maps trial balances and generates financial statements, simplifying what would otherwise be tedious tasks. This echoes the sentiment that Countable.co excels in automating engagements and centralizing workflows, a godsend for firms aiming to ditch manual processes and boost efficiency. However, some users point out that Countable.co, being a relatively new product, still has some rough edges. Occasional bugs and the fact that full functionality is still a work in progress are mentioned as drawbacks. Despite this, the responsive support team and their eagerness to incorporate user feedback seem to soften the blow. A recurring theme in positive reviews is the ease of use, with users finding it significantly less cumbersome than other accounting software they've tried. Overall, Countable.co seems best suited for modern accounting firms already leaning into cloud-based solutions. Its robust integration capabilities, automation prowess, and user-friendly interface make it a valuable asset for streamlining workflows and improving efficiency. However, firms with complex needs beyond Notice to Reader engagements might find the current feature set somewhat limiting. As Countable.co continues to mature and expand its capabilities, it holds promising potential for becoming a dominant player in the cloud-based accounting software arena.
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