Softwr

Software · head to head

FloQast vs Fiken

FloQast logo

FloQast

Software

Close management software for accounting teams

From
$29/month
Rated
-
Fiken logo

Fiken

Software

Norwegian accounting software for sole proprietors and small companies

From
On request
Rated
-

The short version

  • Each has a real cost: 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; Fiken core functions beyond basic bookkeeping are unbundled add-ons billed separately, including bank connection, API access and payroll at 69-99 kr/month each on top of the 219 kr/month base plan (NOK)

Where they differ

Only the attributes on which FloQast and Fiken actually diverge.

Attributes where FloQast and Fiken differ
AttributeFloQastFiken
Starting price$29/monthOn request
Founded2013Unknown

Identical on both: 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 FloQast

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

Only in Fiken

Nothing recorded that FloQast does not also cover.

What people use each for

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

FloQast

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

Fiken

No use cases recorded yet. See the Fiken review.

Where each one falls short

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

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

Fiken

  • Core functions beyond basic bookkeeping are unbundled add-ons billed separately, including bank connection, API access and payroll at 69-99 kr/month each on top of the 219 kr/month base plan (NOK)
  • Tax filing is a separate annual add-on costing 1,290 kr for sole proprietors or 1,590 kr for AS companies, not included in the monthly subscription (NOK)

Pricing, plan by plan

FloQast

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

Fiken

On request

No published plan breakdown. See the Fiken review.

Which should you pick?

Choose FloQast if

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

Choose Fiken if

Nothing in the data separates Fiken from FloQast on the points above - pick on price and on how each one feels to use.

Questions people ask

Is FloQast or Fiken better?
Neither clearly leads. FloQast starts at $29/month and Fiken at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FloQast or Fiken?
FloQast starts at $29/month and Fiken at On request.
Does FloQast or Fiken run on more platforms?
Both run on Web, so platform support will not decide this one for you.
What is FloQast best used for?
FloQast is most often used for managing the accounting close with checklists and reconciliations, automating account reconciliation and compliance workflows. Of those, managing the accounting close with checklists and reconciliations and automating account reconciliation and compliance workflows are not what Fiken is typically brought in for.
What can FloQast do that Fiken cannot?
FloQast covers Close management, Reconciliation, Flux analysis, Audit prep.

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