Softwr

Accounting · head to head

FloQast vs Veem

FloQast logo

FloQast

Accounting

Close management software for accounting teams

From
$29/month
Rated
-
Veem logo

Veem

Accounting

Global business payments made simple

From
$14.99/month
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; Veem per-transaction fees can be higher than dedicated wire transfer services for large volumes
  • They diverge on capability: FloQast covers Close management, Veem covers International payments.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which FloQast and Veem actually diverge.

Attributes where FloQast and Veem differ
AttributeFloQastVeem
Starting price$29/month$14.99/month
Pricing modelsubscriptionUnknown
PlatformsWebWeb, iOS, Android
Founded20132014

Identical on both: free tier (No), user rating (Not yet rated), category (Accounting).

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
  • Sage
  • Excel
  • GDPR

Only in Veem

  • International payments
  • Multi-currency
  • Invoice creation
  • Payment tracking
  • Accounting sync
  • Xero
  • Encryption
  • Ios support

Both cover

  • NetSuite
  • QuickBooks
  • SOC 2
  • Web support

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 Veem
  • Automating account reconciliation and compliance workflowsnot Veem

Veem

  • International vendor paymentsnot FloQast
  • Cross-border transactionsnot FloQast

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

Veem

  • Per-transaction fees can be higher than dedicated wire transfer services for large volumes
  • No free tier - even basic sending incurs transaction fees
  • Premium plan pricing at $14.99/month may not offset savings on transaction fees
  • Limited banking partnerships compared to larger financial platforms

Pricing, plan by plan

FloQast

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

Veem

$14.99/month

No published plan breakdown. See the Veem review.

Which should you pick?

Choose FloQast if

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

Choose Veem if

  • You need international payments.
  • You work on Web, iOS, Android.
  • You also want multi-currency.

Questions people ask

Is FloQast or Veem better?
Neither clearly leads. FloQast starts at $29/month and Veem at $14.99/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FloQast or Veem?
FloQast starts at $29/month and Veem at $14.99/month.
Does FloQast or Veem run on more platforms?
FloQast runs on Web. Veem runs on Web, iOS, Android.
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 Veem is typically brought in for.
What can FloQast do that Veem cannot?
FloQast covers Close management, Reconciliation, Flux analysis, Audit prep. Veem covers International payments, Multi-currency, Invoice creation, Payment tracking. Both handle NetSuite, QuickBooks, SOC 2, Web support.

Answered from the vendors’ own pages

FloQast: How much does FloQast cost?

FloQast does not publish specific pricing with dollar amounts. Instead, the company offers customized packages that scale with business outcomes rather than seat count. Pricing is tailored to each organization's unique needs, scope, and scale.

Source
Veem: What payment methods does Veem support?

Veem supports ACH transfers, checks, wallet transfers, and international wires. Payment methods vary by destination country and user preference.

Source
FloQast: Does FloQast charge per user?

No. FloQast explicitly states 'No Per-User Fees. Pricing Built Around Value, Not Headcount.' The company's pricing is customized to organizational requirements rather than based on the number of users.

Source
Veem: Is there a free tier?

No free tier. Veem charges per-transaction fees based on payment method and destination, with optional Premium Plan at $14.99/month offering enhanced features.

Source
FloQast: What is FloQast's pricing model?

FloQast uses a value-based pricing approach with customizable packages across solutions like Close Management, Compliance & Risk, Financial Reporting, and AI Automation. Each organization receives a personalized pricing recommendation based on their unique challenges and objectives.

Source
Veem: What integrations does Veem have?

Veem integrates with QuickBooks, Xero, QuickBooks Online, NetSuite, Zapier, Plaid, and PopBookings for automated accounting and workflow integration.

Source
Veem: How does Veem handle exchange rates?

Veem uses claimed competitive exchange rates and provides transparent pricing. Transactions are routed through different payment rails (credit cards, checks, cryptocurrency) based on the destination.

Source
Share

Related pages

Other head to heads