FloQast
$9,355–$52,865per year
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FloQast
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How much does FloQast cost?
Median buyer pays
$23,200
Based on data from 279 purchases, with buyers saving 23% on average.per year
Median: $23,200
$9,355$52,865
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About FloQast
FloQast Overview
Close management, reconciliation automation, accounting operations, and connected compliance — all in one platform.
FloQast's 13 Products
Automate reconciliations with AI for unmatched accuracy and efficiency, empowering your team to focus on strategic growth. Discover transformative financial insights today.
Compare prices for similar companies
| Supplier | FloQast | Workiva |
|---|---|---|
| Median Contract Value | $23,200 | $55,271 |
| Avg Savings | 22.59% | 11.44% |
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RenewalsNew purchases
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Low chances of successMedium chances of successHigh chances of successVendr community insights for FloQast
Company with 201-1000 employeesThis month
"Auto-renewal comes standard with only a 10 day opt out window, push for this to be removed or extended to something more reasonable such as a 30 day opt out time frame"Company with 201-1000 employeesThis month
"Upon renewal, FloQast applied a marginal price increase to our agreement. Even though we pushed back, emphasizing that since the scope remained unchanged, FloQast refused to negotiate and maintained the original renewal terms. Given their stance and unwillingness to negotiate, we will be exploring alternative options moving forward."Company with 201-1000 employeesThis month
"Upon renewal, FloQast applied a 4% price increase to our agreement. We pushed back, emphasizing that since the scope remained unchanged, we were not willing to accept any cost uplift. However, FloQast refused to negotiate and maintained the original renewal terms. Due to timing constraints, we were compelled to proceed with the agreement."Company with 201-1000 employeesThis year
"For our net new purchase of FloQast, we successfully negotiated a 30% discount on the subscription, two complimentary months of service, and a 69% discount on the implementation costs."Company with 201-1000 employeesThis year
"Leveraged competition and a strict budget constraint on this new purchase in order to get pricing down from $80k to $56k on a 1-year agreement"Company with 201-1000 employeesThis year
"We were able to maintain our rates from 2022 by processing another 2 year agreement which included additional features. "Company with 201-1000 employeesThis year
"We were able to obtain 5 months free for AI Transaction Matching and Journal Entry Management by including this into our renewal for 2025 but having the ability to access the features as of signature date. "Company with 201-1000 employeesThis year
"FloQast requires all to sign an NDA before sharing any documents (order forms, legal, security, privacy, etc.). Floqast will sign external NDAs if needed"Company with 201-1000 employeesThis year
"In new purchase evaluations, establishing a set budget with your Floqast rep is essential because reps need monetary values to present to leadership when requesting approvals. This works better than targeting an overall discount %"Company with 201-1000 employeesThis year
"Leveraging a Blackline competitive quote with our net new purchase of Floqast allowed us to achieve discounts of 30% and get free months to utilise the platform."Company with 201-1000 employeesThis year
"At the time of renewal, Vendr has seen pre-negotiated uplift caps at 4%. When working a new purchase with Floqast, position an uplift cap south of 5% as a redline during the legal process given they're open to accepting that type of language. "Company with 201-1000 employeesThis year
"We successfully worked out a prorated discount for adding additional users to an existing 3-year agreement subscription"Company with 201-1000 employeesA while ago
"Push for flat pricing at time of renewal on Business Plan."Company with 201-1000 employeesA while ago
"Push for economies of scale when adding users on the Business platform"Company with 201-1000 employeesA while ago
"Pushed back on payment terms to get semi-annual approved for a 24-month renewal. "Company with 201-1000 employeesA while ago
"Floqast was unwilling to waive a 3% uplift that was previously agreed to, regardless of what we offered in exchange"Company with 201-1000 employeesA while ago
"We were able to get a more favorable rate upon renewal for a 3 year term. We were also able to get better payment terms. "Company with 201-1000 employeesA while ago
"Initially, Floqast implemented a 5% uplift on our renewal. With pushback regarding the budget and plans to continue growing with Floqast, they agreed to offer a flat renewal."Company with 201-1000 employeesA while ago
"We were able to reduce our implementation fee by 44% and our platform fee by 37% by standing firm on our budget as a new purchase. "Company with 201-1000 employeesA while ago
"We were able to reduce the uplift by leveraging budget constraints and by introducing competition "Company with 201-1000 employeesA while ago
"We were proposed an uplift of 6% for our renewal which Floqast stated was standard for all 24 month contracts. They would propose a 10% uplift if we were to pivot to a 12 month contract. We were able to reduce that uplift down to 3% by citing budget constraints and highlighting our commitment to another 24 month contract."Company with 201-1000 employeesA while ago
"We were able to get a 5% discount in pricing by citing budget restrictions, and have future uplifts capped at no more than 4%. "Company with 1-200 employeesA while ago
"Floqast tried to move us onto new pricing, which included a 5% increase, if we descoped, but we managed to push back by threatening to churn and disrupt a long running relationship if pricing wasn't more attractive. "Company with 1-200 employeesA while ago
"They provided a $1000 early signing incentive."Company with 1-200 employeesA while ago
"When we were buying Floqast, they were willing to give us 2 months free and reduced the uplift cap from 10% to 5% for our future renewal."Company with 201-1000 employeesA while ago
"We managed to lower our uplift from 6% to 3%, in addition to getting 3-year contract pricing for our one year commitment."Company with 1-200 employeesA while ago
"We received a heavy discount thanks to having a shared investor."Company with 1-200 employeesA while ago
"They worked with us to reduce licenses by 15%, remove the implementation fee, and provide a 25% discount on the platform fee"Company with 1-200 employeesA while ago
"They waived $15k implementation fee as well as a $5k discount on the platform fee after we mentioned Blackline as a competitor under evaluation."Company with 201-1000 employeesA while ago
"FloQast's Finance team held firm on the removal of our one-time discount and enforcing the uplift; they wouldn't negotiate on either of the two items unless we would commit to a multi-year contract."About Vendr
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