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Using FloQast to Accelerate the Close

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Despite widespread agreement that shortening the monthly and quarterly close is important, over the past decade our research has found no progress toward achieving this objective. Perhaps one reason is the available technology, which some companies have found too expensive, too cumbersome, and too inflexible for their needs. Although the finance and accounting organization may own the software, it needs IT resources to modify and update it. FloQast is a cloud-based software-as-a-service (SaaS) offering what its vendor says companies can use to cost-effectively automate the close because it can be deployed quickly and finance organizations can configure and reconfigure by themselves.

Read on to find out how you can leverage FloQast to accelerate the close.

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