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floqast
Overview
FloQast is a prominent player in the Financial Technology (FinTech) sector, providing cloud-based close management software that streamlines and automates the financial close process for accounting teams. As a leading solution in this niche, FloQast's platform integrates with Enterprise Resource Planning (ERP) systems and other accounting software to enhance accuracy, collaboration, and efficiency during month-end and quarter-end closings. They focus on larger mid-market and enterprise companies, enabling them to reduce errors, accelerate close cycles, and improve compliance, positioning FloQast as a key enabler of modern accounting workflows and digital transformation within finance departments.
floqast's headcount breakdown by department
| Department | HeadCount |
|---|---|
Administrative | 4 |
Consulting | 30 |
Service | 21 |
Design | 4 |
Education | 0 |
Finance | 13 |
Management | 18 |
Hr | 18 |
Legal | 9 |
Marketing | 28 |
Medical | 0 |
Operations | 10 |
Department | 131 |
Product | 34 |
Management | 4 |
Estate | 0 |
Research | 4 |
Sales | 166 |
Technical | 218 |
Trades | 0 |
FloQast's department distribution underscores a strategic emphasis on technology, sales, and customer success, reflecting its SaaS business model. The substantial Technical (218 employees) and Sales (166 employees) departments indicate a strong commitment to continuous product innovation, aggressive market penetration, and customer acquisition. The 'Other Department' category (131 employees), while broad, likely contains specialized roles supporting various functions. The presence of Consulting (30 employees), Customer Service (21 employees), and Product (34 employees) teams is crucial, demonstrating a significant investment in customer onboarding, ongoing support, and continuous product refinement. The moderate sizes of Finance (13 employees), HR (18 employees), General Management (18 employees), and Marketing (28 employees) suggest a balanced approach to supporting internal business functions and driving market awareness. This structure is consistent with a tech-enabled, sales-driven SaaS organization that prioritizes customer satisfaction and innovation in the financial close management space, crucial for maintaining a competitive edge and achieving sustained growth.
floqast's employees by locations
Employee Count by Country
Total: 712 employees
FloQast's geographic footprint reveals a primarily domestic strategy focused on the United States (639 employees), reflecting its headquarters location and primary customer base. The significant presence in the United Kingdom (48 employees) signals a strategic expansion into the European market, likely serving customers in the UK and surrounding regions, as well as providing a base for future European growth. The smaller teams in Australia (18 employees) and Germany (5 employees) suggest early-stage expansion into the APAC and broader European markets, respectively, likely to support existing customers and explore new market opportunities. The presence of single employees in Canada and Ireland may indicate strategic initial investments or remote work arrangements. Overall, FloQast exhibits a primarily domestic-focused strategy with targeted international expansion into key markets aligned with the global demand for financial close management solutions. This approach allows the company to maintain a strong market share in its core market while incrementally extending its reach to new regions as its platform gains traction and recognition internationally.
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