FloQast is a popular financial close management software trusted by mid-to-large companies for reconciliations, task tracking, and audit readiness. But it’s not the only option on the market — and for many teams, its pricing, complexity, or feature set may not be the best fit. If you’re looking for a FloQast alternatives 2025, this guide covers the top options, their pricing, features, and reviews so you can choose the right solution for your team.

If you’re evaluating a FloQast alternative, this guide covers the top options, their pricing, features, and reviews so you can choose the right solution for your team.

Why Look for a FloQast Alternative?

While FloQast delivers strong close management capabilities, accounting managers and controllers often seek alternatives because:

  • Cost – FloQast pricing is generally in the enterprise range, making it expensive for smaller teams.
  • Feature Overlap – Many features, like task tracking, can be done in other project management tools.
  • Customization – Limited ability to customize workflows for unique close processes.
  • Integration Needs – May not integrate as deeply with niche accounting or reporting tools.

From Excel to Month-End Close Software

For many finance teams, the month-end close process starts in Excel — using a spreadsheet as a checklist to track reconciliations, journal entries, and review sign-offs. While Excel is familiar and flexible, it quickly shows its limits:

  • No built-in approval workflows.
  • Hard to manage supporting documentation in one place.
  • Limited visibility for managers tracking progress across multiple team members.

As teams grow, the need for collaboration, audit readiness, and automation pushes them toward dedicated month-end close software.

Types of Month-End Close Software Features

When moving beyond spreadsheets, you’ll typically see software offering:

  1. Collaborative Checklists with Approval Workflows – Assign preparers and reviewers, require sign-offs before tasks are marked complete, and keep an audit trail.
  2. Document Management – Attach reconciliations, workpapers, and other evidence directly to tasks.
  3. Advanced Scripting Logic for Account Reconciliation – Automate matching of transactions across ledgers, apply rules, and reduce manual checks.
  4. Financial Reporting and Flux Analysis – Build variance and flux analysis reports directly from connected data sources, often with drill-down capabilities.

Top FloQast Alternatives

1. PivotXL – Cost-Effective and Excel-Friendly

PivotXL is a strong FloQast alternative for teams that want enterprise-grade month-end close software without enterprise pricing.

Key Features:

  • Month-end close checklist with preparer/approver workflows.
  • Document storage and audit trail for each task.
  • Multi-dimensional database for advanced financial reporting and variance analysis.
  • Deep Excel integration — ideal for spreadsheet-heavy teams.
  • Custom scripting for complex reconciliations.

Pricing: Starts at $100/month, making it substantially more affordable than FloQast.

📌 Related Read: Financial Close Software: Key Features

2. BlackLine – Enterprise-Grade Close and Compliance

BlackLine is one of the most well-known close management platforms, focused heavily on compliance and reconciliation automation. It’s best suited for large enterprises with complex, multi-entity close processes.

Pricing: Custom quote (often higher than FloQast).

3. Vena – FP&A Meets Close Management

Vena is primarily a budgeting and forecasting platform, but its workflows can be adapted for month-end close. It’s a good fit for teams that want close management alongside planning and budgeting.

Pricing: Starts in the mid-tier SaaS range; custom quotes for large teams.

4. Monday.com – Flexible, General Project Management

Monday.com is not finance-specific, but it can be configured for close checklists and recurring tasks. However, it lacks built-in approval workflows, which are critical for audit readiness.

Pricing: Starts at ~$10/user/month, but requires customization to handle financial close properly.

5. Asana or Trello – Light-Weight, Low-Cost Options

For very small teams, Asana or Trello can be used for tracking close tasks. These tools are collaborative and affordable but lack financial-specific features like reconciliation tracking and approval chains.

Pricing: Free to ~$25/user/month depending on plan.

Choosing the Right FloQast Alternative

When evaluating your options, focus on:

  • Approval Workflow – Does the software allow preparer/reviewer sign-offs?
  • Audit Trail – Can you attach and store supporting documentation?
  • Integration Depth – Does it connect to your ERP/accounting system?
  • Scalability – Will it handle your reporting and reconciliation needs as you grow?

If you need deep Excel integration, advanced reporting, and a lower price point, PivotXL is the most cost-effective FloQast alternative.