Accounting software provider FloQast announced several new artificial intelligence-powered product and program innovations for accountants at its TakeControl annual event this week, including the ability to build custom AI agents within FloQast Transform.
Released in March, FloQast Transform is a product within the Los Angeles-based company’s Accounting Transformation Platform that serves as a centralized hub where customers can easily create, test, deploy, and manage FloQast AI agents.
With the new AI agent builder feature, FloQast Transform enables teams to create and manage their own custom AI agents using natural language, with no coding required. This innovation gives accountants the ability to automate specific, unique workflows that address their team’s distinct needs and challenges, positioning them as business technologists and transformation experts, FloQast said.
- Related article: FloQast Launches Auditable AI Agents
“AI agent builder is a transformative tool that greatly improves the day-to-day productivity of accounting teams,” Chris Sluty, co-founder of FloQast and the company’s chief product officer, said in a statement. “Teams can now easily create, test, and manage custom AI agents that meet their specific business needs with no coding required, all while maintaining full control with human-in-the-loop review. This is about empowering every team member to drive real business impact.”
The Accounting Transformation Platform also features a new set of expanded AI-powered capabilities that think and work like accountants do, FloQast said, including:
- AI Detections: Continuously monitor general ledger transactions and flag errors ahead of the close using custom or AI-suggested rules.
- AI Testing: AI that intelligently reads and adds annotations to supporting documentation and provides a first pass on pass/fail conclusions for internal audits.
- AI Variance Analysis: AI automatically detects and explains material variances in real-time, then traces them back to source transactions for flexible, dimensional reporting.
FloQast also introduced expanded platform integrations and functions geared toward enterprise companies. Specific features include:
- Workday GL Integration: A new direct integration to seamlessly pull general ledger data for reconciliation, variance analysis, and journal entry posting.
- Comprehensive Audit Testing: The expansion of robust testing functionality beyond Sarbanes-Oxley Act testing to support risk and operational audits.
- Report Builder: Create dynamic, audit-ready reports with a pivot-like interface that provides complete drill-through visibility to all your source transaction data.
“FloQast is using AI to elevate accountants and evolve the role for the better, enabling preparers to become strategic reviewers and equipping professionals with the tools and intelligence they need to thrive in this new era,” said Mike Whitmire, co-founder and CEO of FloQast. “Our mission is not to displace accountants but to empower them. It’s about ensuring accountants own this transformation, lead the charge, and bridge the talent gap. This is how, together, we create the future of accounting we all want and need.”
Complementing these technological enhancements, FloQast announced the launch of FloQast Certified Accountant, a new certification program. Available for free through FloQademy, FloQast Certified Accountant is designed to bridge the talent gap and equip accountants with the skills needed to thrive in an AI-driven world.
FloQast said the program’s core purpose is to provide accountants with a resume-ready credential that showcases their expertise in leveraging the company’s AI-driven platform. To become a FloQast Certified Accountant, participants must complete badges across FloQast’s four core solutions: Close, Compliance, Record to Report, and AI.
More information about FloQast’s AI agent builder can be found here.
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