Softwr

Software · head to head

BlackLine vs FloQast

BlackLine logo

BlackLine

Software

Finance & accounting automation

From
$29/month
Rated
-
Full reviewWebsite
FloQast logo

FloQast

Software

Close management software for accounting teams

From
$29/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: BlackLine listed on UK G-Cloud 13 at £1,150 to £2,160 per user per year for the public sector, with no free trial offered, per BlackLine's Finance Operations Management Solution pricing document; FloQast no pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against
  • They diverge on capability: BlackLine covers Account reconciliation, FloQast covers Close management.

Where they differ

Only the attributes on which BlackLine and FloQast actually diverge.

Attributes where BlackLine and FloQast differ
AttributeBlackLineFloQast
Founded20012013

Identical on both: starting price ($29/month), pricing model (subscription), free tier (No), platforms (Web), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in BlackLine

  • Account reconciliation
  • Journal entries
  • Task management
  • Variance analysis
  • Financial close
  • SAP
  • Oracle
  • SOC 1/2

Only in FloQast

  • Close management
  • Reconciliation
  • Flux analysis
  • Audit prep
  • Team collaboration
  • QuickBooks
  • Sage
  • Excel

Both cover

  • NetSuite
  • Web support

What people use each for

The jobs each tool is most often brought in to do.

BlackLine

  • Financial closenot FloQast
  • Reconciliationnot FloQast
  • Continuous accountingnot FloQast

FloQast

  • Managing the accounting close with checklists and reconciliationsnot BlackLine
  • Automating account reconciliation and compliance workflowsnot BlackLine

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

BlackLine

  • Listed on UK G-Cloud 13 at £1,150 to £2,160 per user per year for the public sector, with no free trial offered, per BlackLine's Finance Operations Management Solution pricing document

FloQast

  • No pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against
  • The product is split into five separately packaged solution categories
  • Every route to a figure runs through a personalised demo

Pricing, plan by plan

BlackLine

$29/month
  • EnterpriseFree
    • Custom pricing
    • Account reconciliation
    • Task management

FloQast

$29/month
  • StandardFree
    • Custom pricing
    • Close management
    • Reconciliation

Which should you pick?

Choose BlackLine if

  • You need account reconciliation.
  • You also want journal entries.
BlackLine review

Choose FloQast if

  • You need close management.
  • You also want reconciliation.
FloQast review

Questions people ask

Is BlackLine or FloQast better?
Neither clearly leads. BlackLine starts at $29/month and FloQast at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, BlackLine or FloQast?
BlackLine starts at $29/month and FloQast at $29/month.
Does BlackLine or FloQast run on more platforms?
Both run on Web, so platform support will not decide this one for you.
What is BlackLine best used for?
BlackLine is most often used for financial close, reconciliation, continuous accounting. Of those, financial close and reconciliation are not what FloQast is typically brought in for.
What can BlackLine do that FloQast cannot?
BlackLine covers Account reconciliation, Journal entries, Task management, Variance analysis. FloQast covers Close management, Reconciliation, Flux analysis, Audit prep. Both handle NetSuite, Web support.
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Related pages

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