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Vendr Category
Accounting
Best Time to buy
December

FloQast Pricing

FloQast offers various pricing tiers based on organizational headcount and the specific product tier chosen. The headcount-based pricing ranges from $14,600 to $70,300 depending on the scale of your operations. For instance, an organization with a headcount of 200 will be placed within a list price range of $14,600 to $28,500, while one with over 1000 employees will need to budget between $34,200 and $70,300.

For organizations looking at specific product tiers, FloQast provides several options. The Advanced Close Management tier has a listed price range of $2,034 to $19,199. The Standard Close Management tier and its Plus variant span from $1,920 to $8,000. Other tiers such as Corporate, Enterprise, and Business have respective ranges of $1,655 to $1,980, $1,589 to $2,309, and $970 to $3,975. Please note that these prices are subject to change and should be confirmed directly with FloQast.

FloQast Negotiation Insights

The art of negotiation is a key component in acquiring any new financial SaaS product. Within Vendr's platform, we provide evaluation insights that can potentially reduce procurement expenses. For instance, when negotiating for FloQast, it's helpful to be mindful of the following:

Discount Lever

One factor to consider when negotiating is the potential for volume-based discounts. Oftentimes, companies are willing to offer discounts when a high user count is involved. Therefore, emphasizing the number of potential users during negotiation may increase chances of obtaining a favorable deal.

Commercial Term

Many providers, FloQast included, prefer long-term commitments. Successful negotiations may involve the willingness to commit to extended contracts. Discussing a multi-year subscription rather than annual renewal, for instance, can lead to cost savings.

For comprehensive negotiating insights, such as a full list of possible discount levers and commercial items specific to FloQast, HighRadius, Xero, and other SaaS solutions, sign up for a free forever Vendr account today.

Community Insights for FloQast

Here are some recent insights from our community on procuring FloQast:

  1. "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." - Community Insight was posted recently.
  2. "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." - Community Insight was posted 3 months ago.

Learn more about how to navigate the negotiation process and secure the best terms for your organization by signing up for a free forever Vendr account. With your free account, you'll gain access to additional insights such as the estimated time to implement FloQast, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process. There are more community insights available for FloQast that can help you make an informed decision.

FloQast Competitors

FloQast Overview

FloQast is a robust, cloud-based software solution designed for managing accounting departments. Falls in the Finance category with a major focus on Accounting, FloQast has successfully positioned itself as a Leader in the market. It caters to an average customer size of 900, indicating its ability to handle the requirements of both small businesses and larger enterprises. FloQast's competitive edge lies in its user-friendly interface and specialized features, ensuring a smooth and efficient financial workflow.

Compliance and Security

FloQast takes its users' security seriously with robust adherence to essential regulations and protocols. It is GDPR-compliant, providing users within the European Union assurances about their data's safe handling. The software also complies with SOC2 requirements, reaffirming its commitment to safeguarding customer data.

In addition, FloQast supports MFA and SSO capabilities, ensuring that user accounts are protected by multiple security layers and simplifying the login process without compromising on safety. FloQast provides high-grade adherence to PII and DPA regulations, making it a reliable choice for businesses that prioritize data protection. Moreover, FloQast has also obtained ISO27001 certification, further underlining its commitment to maintaining high security standards.

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