FloQast, a platform designed to implement accounting transformation efforts that was developed by accountants for their colleagues, on Thursday, May 8, announced the launch of a strategic partnership with PwC Belgium.
The interaction between the two companies is focused on revolutionary solutions designed to automate the closing of accounting accounts. The relevant information is contained in a press release, which was published on the official FloQast website.
In an applied sense, the purpose of the interaction between the two companies is to combine artificial intelligence-powered workflows implemented on the accounting transformation platform with PwC Belgium’s expertise in the area of closing processes. This was stated in a press release.
Both sides of the partnership are committed to improving efficiency and accuracy. The companies also intend to achieve the result of providing deeper insights to businesses in various industries through joint activities.
FloQast offers consumers solutions that are designed to optimize financial processes. In this case, it implies opportunities for solving tasks such as close management, reconciliation of accounts, and compliance management. Relevant solutions expand the capabilities of accounting teams. At the same time, communication is improved, transparency is ensured, automation of labor-intensive tasks is carried out, and financial accuracy is guaranteed. Accounting teams can collaborate more effectively, reduce errors, and speed up reporting and compliance management processes.
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