FloQast, an Accounting Transformation Platform developed by accountants for accountants, has revealed a new strategic partnership with PwC Belgium, aimed at transforming the financial close automation process. This collaboration blends FloQast’s advanced AI-powered workflows with PwC Belgium’s expertise in financial closing to boost operational efficiency, enhance accuracy, and provide deeper insights across various industries.
FloQast and PwC Belgium announce a strategic partnership to transform financial close automation.
The collaboration combines AI-powered workflows with PwC's expertise in accounting processes.
Key goals include improving efficiency, accuracy, and compliance for organizations.
FloQast’s solutions focus on Close Management, Account Reconciliations, and Compliance Management.
Integration with existing systems ensures smooth transitions and scalability.
The partnership builds on FloQast's ongoing global collaborations with PwC member firms.
The partnership addresses the growing demands of the accounting profession, particularly in EMEA, where increasing regulatory complexity and a shrinking talent pool present significant challenges. “Our partnership with PwC Belgium reinforces our commitment to helping accounting teams across EMEA adapt to the evolving demands of the profession,” said John Phillips, General Manager of FloQast EMEA. By combining FloQast's AI-powered technology with PwC Belgium’s industry knowledge, organizations will benefit from improved accuracy, enhanced compliance, and greater operational flexibility.
Matthias Reyntjens, PwC Partner, expressed excitement about the collaboration, highlighting how it will modernize financial close operations and resolve inefficiencies in current processes. Together, FloQast and PwC Belgium are enabling organizations to streamline their financial workflows, automate labor-intensive tasks, and ensure greater financial accuracy.
FloQast’s platform offers a suite of solutions, such as Close Management, Account Reconciliations, and Compliance Management, all designed to improve transparency, automate tasks, and reduce errors. These solutions empower accounting teams to collaborate more effectively and gain deeper insights from data to drive strategic decisions.
Moreover, the integration of FloQast’s platform with existing systems minimizes disruption while fostering scalability. The cloud-native platform supports rapid deployment, allowing organizations to seamlessly integrate the technology into their workflows with minimal IT involvement. A standout feature is FloQast AI Agents, a cutting-edge, auditable AI tool that automates complex, recurring workflows across various accounting functions using natural language, eliminating the need for coding expertise.
The partnership with PwC Belgium strengthens FloQast's ongoing collaborations with PwC member firms worldwide. Earlier this month, FloQast announced a collaboration with PwC in North America, while in 2024, it formed strategic consulting relationships with PwC UK, PwC Germany, and PwC Australia. This global expansion enhances FloQast’s ability to support financial transformation initiatives across diverse regions.
In conclusion, this strategic partnership between FloQast and PwC Belgium marks a significant step forward in revolutionizing accounting processes through AI-powered automation, enabling businesses to navigate the complexities of modern finance with greater efficiency and accuracy.
FloQast, an Accounting Transformation Platform created by accountants for accountants, enables organizations to automate a variety of accounting operations. Trusted by more than 3,000 accounting teams—including Twilio, Los Angeles Lakers, and Zoom—FloQast enhances the way accounting teams work. With FloQast, teams utilize the latest advancements in AI technology to manage aspects of the close, reduce compliance burdens, stay audit-ready, and improve accuracy, visibility, and collaboration. FloQast is consistently rated #1 across all user review sites. Learn more at FloQast.com.
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with over 327,000 people who are committed to delivering quality in assurance, advisory and tax services.
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