Departments
Finance & Accounting
Automating finance and accounting with AI to streamline processes and improve forecasting accuracy
Financial teams need accurate forecasting and efficient workflows to manage risk and optimize resources Manual tasks and fragmented data slow down decisions and increase the risk of errors
We deliver AI-driven automation, predictive analytics, and integrated platforms that enhance accuracy, speed, and efficiency across finance operations
Future trends
financial close acceleration
GartnerA 30% faster close resets finance’s 2028 operating model
By 2028, embedded AI will shift financial close from a periodic bottleneck toward continuously automated reconciliation and transaction processing. Close-cycle design will become a lever for faster management decisions.
Gartner forecasts that embedded AI in cloud ERP applications will drive a 30% faster financial close by 2028.
Gartner
cloud ERP spending share
GartnerAI-ready ERP buying becomes finance’s 2027 peer bar
By 2027, AI-enabled ERP will become the dominant finance-application buying pattern as embedded capabilities move into core close workflows. ERP investment choices will determine whether finance can match peers’ reporting speed.
Gartner forecasts that AI-enabled solutions will represent 62% of cloud ERP spending by 2027, up from 14% in 2024.
Gartner
leaders expecting more sophisticated AI cost management
DeloitteControlled agentic finance elevates AI cost management through 2027
Through 2027, FP&A will embed AI cost management as controlled agentic workflows enter core finance processes. Leaders should fund cost-management capabilities to protect the cost base.
Sixty percent of finance leaders expect to need more sophisticated AI cost-management practices through 2027.
Deloitte
manual-work reduction, percentage points
FloQastAI-native close teams remove 29 percentage points of manual work
Over the next two years, accounting organizations will redesign close operations around AI-assisted reconciliation and automated data entry. Manual-first teams will sustain a materially slower cost base.
Level 5 accounting organizations spend 34% of their time on manual tasks, compared with 63% for Level 1 organizations.
FloQast
Our use cases
We can automate routine tasks like invoice matching and payment approvals—reducing errors and freeing staff time
We build models that improve forecasting accuracy, helping teams make informed budget and investment decisions
We provide dashboards that consolidate financial data for quick insights into cash flow, expenses, and profitability
We help automate compliance checks and monitor financial risks with AI-powered tools
We develop solutions that detect anomalies in expenses and suggest cost-saving measures
We ensure seamless integration of AI tools with ERP, accounting software, and other financial platforms