Softwr

Software · head to head

FloQast vs Lexware

FloQast logo

FloQast

Software

Close management software for accounting teams

From
$29/month
Rated
-
Lexware logo

Lexware

Software

Accounting and invoicing software for German small businesses and freelancers

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; Lexware prices are tiered by employee count up to 50 Mitarbeitende, and the payroll add-on tiers above the base range are quoted only auf Anfrage (on request), not published (EUR)

Where they differ

Only the attributes on which FloQast and Lexware actually diverge.

Attributes where FloQast and Lexware differ
AttributeFloQastLexware
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 Lexware

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 Lexware
  • Automating account reconciliation and compliance workflowsnot Lexware

Lexware

No use cases recorded yet. See the Lexware 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

Lexware

  • Prices are tiered by employee count up to 50 Mitarbeitende, and the payroll add-on tiers above the base range are quoted only auf Anfrage (on request), not published (EUR)
  • Base plans range from EUR 7.90 to EUR 32.90 per month before VAT, with the introductory 50% discount lasting only 3 months

Pricing, plan by plan

FloQast

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

Lexware

On request

No published plan breakdown. See the Lexware review.

Which should you pick?

Choose FloQast if

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

Choose Lexware if

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

Questions people ask

Is FloQast or Lexware better?
Neither clearly leads. FloQast starts at $29/month and Lexware at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FloQast or Lexware?
FloQast starts at $29/month and Lexware at On request.
Does FloQast or Lexware 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 Lexware is typically brought in for.
What can FloQast do that Lexware cannot?
FloQast covers Close management, Reconciliation, Flux analysis, Audit prep.

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