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FloQast Achieves ISO 42001 Certification, Setting the Standard for Ethical AI in Accounting

FloQast

We identified areas needing improvement, prioritized them, and allocated resources to address gaps. Policy and Process Alignment We didnt stop with gap analysis; we redefined our internal policies and processes to align with ISO 42001s principles for ethical AI governance.

ISOs 105
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Sage Intacct AI features guide: Enhance your AP automation workflows

Nanonets

You can use it to: Compare budgeted versus actual figures in real-time Get quick answers to financial queries through conversational search Streamline month-end close processes Automate approval workflows and reconciliations Say you need to check budget variances for this quarter.

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Automating Bank Reconciliations: Ascent Aviation’s Success with FloQast

FloQast

The month-end Close process suffered from recurring errors, a lack of accountability, and time-consuming reconciliations across numerous bank and general ledger (GL) accounts. Results Achieved : With FloQast, Ascent Aviation streamlined their 20-day close process to just 10 days.

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Building on a Strong Foundation: How FloQast Compliance Management Supports A.K.A. Brands’ Compliance Function

FloQast

With FloQast’s close management capabilities in place, the finance team optimized their close process and achieved greater efficiency. “FloQast’s close task checklist and real-time progress tracking transformed our close process,” he said.

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Streamlining SumUp’s Monthly Close: A FloQast Success Story

FloQast

In late 2021, SumUp , a global payments provider serving millions of businesses worldwide, faced significant challenges with their manual, spreadsheet-based monthly Close process. Without a central view, bottlenecks and roadblocks were difficult to identify and address promptly.

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Fanatics Cuts Close Time and Boosts Accuracy

FloQast

Fanatics , a global leader in sports fan experiences and v-commerce, was grappling with an inefficient month-end Close process. Discovering FloQast marked a turning point for Fanatics, providing the efficiency and control needed to enhance their financial processes.

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Transforming Accounting Workflows: How FloHub Centralizes and Automates Processes

FloQast

These applications can be leveraged to enhance the close process in FloQast by fully automating sub-ledger tie-outs, end-to-end journal entry management, checklist sign-offs, reconciliations, AI-driven matching, and more.