Solvexia vs FloQast

Faster to Value. Broader in Scope. Smarter by Design

FloQast helps you close faster - Solvexia helps you automate everything beyond the close with one unified, no-code platform.

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Trusted by leading finance teams

Fast.
Reliable.
Transparent.

match rate

100

faster processing

6-12

months to ROI

fewer errors

Feature / Category	Solvexia	FloQast
Audit, Compliance, Governance	Comprehensive audit trails, strong controls, role-based access, 98% fewer errors	Compliance tools available, but primarily tied to close and evidence collection
Integrations	Connects with GL, banks, suppliers, ERPs, POS, and payment gateways	ERP, Excel, and cloud storage integrations - narrower scope than Solvexia
Scalability	Handles millions of records daily; extensible across reconciliations, analytics, and reporting	Proven adoption (3,000+ companies) but workflows centered on close management
Implementation (Time to Value)	Ready in 1-3 months; users then live in days; minimal further IT required	FloQast goes live fast - but still relies on IT. Solvexia puts control in finance's hands.
Complex Transaction Matching	AI-powered fuzzy logic matching; supports one-to-many and many-to-many reconciliations	AutoRec handles standard matching; not built for complex one-to-many or fuzzy logic
Daily Reconciliation	Runs 100x faster; scales to millions of transactions across diverse sources	Supports daily reconciliations, but primarily standard account types
Customizable Solution	Highly extensible workflows across reconciliations, reporting, rebates, commissions, analytics	Customizable checklists and close workflows; limited to close-related tasks
Self Support / Administration	Business-friendly UI; minimal IT involvement; finance teams self-manage	User-friendly setup and admin, but primarily for close checklists and recs
Customer Service	Personalized onboarding and responsive support, highlighted in case studies	Strong customer support ratings, but focused on close-related workflows
Automation & AI	End-to-end automation of reconciliations, reporting, analytics; AI-powered exception handling	AI agents mainly for AutoRec, reminders, and variance analysis; narrower automation scope
User Experience / Usability	Finance-user friendly; minimal training; intuitive dashboards and workflows	Excel-native and intuitive, but centered on reconciliation and close tasks
Breadth of Features	Beyond close: reconciliations, analytics, rebates, commissions, regulatory workflows	Close-focused: reconciliations, variance analysis, checklists, compliance
Reporting & Analytics	Real-time dashboards, drilldowns, exception visibility across all reconciliations and workflows	Dashboards and variance analysis, but tied to close cycle
Financial Close Management	Available but not the primary focus; extends into broader finance automation	Core focus and strength: close checklists and orchestration
Account Reconciliations	Enterprise-grade reconciliations at scale with AI matching and exception handling	AutoRec provides reconciliation for standard accounts; less suited for highly complex reconciliations
Exception Handling	Automated alerts, escalation workflows, dashboards for unmatched items across any process	Exception workflows available, but limited to AutoRec and variance analysis
Team Collaboration	Collaboration across any finance workflow: role-based access, workflow visibility, notifications	Collaboration built into close checklists and assignments; narrower application outside close

Why choose Solvexia over FloQast?

When comparing Solvexia and FloQast, the choice comes down to scope, speed, and flexibility. Here’s why finance teams choose Solvexia:

Faster Time to Value

Solvexia can be deployed in 1-3 months with fast user setup. Most teams are then live after just 1–2 days of training.

Handles Complex Reconciliations at Scale

FloQast’s AutoRec is built for standard account reconciliations. Solvexia goes further with AI-powered fuzzy logic matching, handling one-to-many and many-to-many reconciliations across millions of records daily.

Beyond the Close

FloQast focuses on the financial close. Solvexia extends into reconciliations, regulatory reporting, rebates, commissions, analytics, and exception handling - delivering measurable ROI across the entire finance function.

Minimal Change Management

Solvexia is designed for finance users, not IT specialists. Its intuitive, no-code interface requires little training, and finance teams can configure and run workflows themselves. FloQast is user-friendly but limited to close checklists and reconciliation templates.

Customize to Your Needs

Build fully tailored, no-code workflows with custom rules, data transformations, and approvals, rather than being limited to more structured close checklist configurations.

"I’ve been working in the IT industry for 25 years and it’s rare to see a vendor like Solvexia… Usually you will be a bit disappointed when the implementation is ongoing, the system will have a lot of restrictions and limitations, but with Solvexia, it’s quite the opposite. The system has really been tailor suited for us"

Arvin Reyes
Head of IT at Philippine Seven Corporation

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500k

transactions reconciled daily

"They make the effort to understand why I want to do things and suggest ways that I haven’t thought of to make the process easier which I really appreciate"

Alisa Donato
Accounts Receivable Accountant

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30+

PSPs reconciled

"We are now able to complete the complex reconciliations within a matter of minutes - even seconds"

Nino Thurber-Gonzales
Strategic Finance Business Partner

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15

Currencies reconciled

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See what customers are saying.

4.7 / 5

4.6 / 5

"The Solvexia product is very helpful with matching transactions between multiple large quantities of data."

Finance Associate - Banking

Frequently asked questions

How long does implementation take?

Fast. Solvexia implementations are typically completed in just 1–3 months, with most finance teams live after only 1–2 days of training. Setup is business-led, with no heavy IT involvement required. FloQast averages 1.7 months to go-live, but needs ongoing IT support unlike Solvexia which doesn't.

Does FloQast offer the same functionality as Solvexia?

No. FloQast focuses on financial close, checklist management, and standard reconciliations. Solvexia delivers broader value by combining scalability, flexibility, and measurable ROI. With AI-powered fuzzy logic, Solvexia reconciles millions of records 100× faster, reduces manual work by up to 98%, and extends beyond close into analytics, rebates, commissions, and regulatory reporting.

Does Solvexia need a lot of technical resources?

No. Solvexia is built for finance users to manage directly. Most teams are live in weeks, require only 1–2 days of training, and can build and scale automations with a no-code platform. Unlike FloQast, which is structured around close processes, Solvexia empowers finance teams to own automation end-to-end without relying heavily on IT.

Will Solvexia sell me more than what I need?

No. Solvexia is configured specifically for your requirements. If reconciliations are your focus, we’ll deliver a tailored solution that drives immediate value. As your priorities evolve, the platform scales seamlessly into areas like analytics, reporting, and broader automation - always right-sized for your team.

What can I expect from a demo with Solvexia?

A clear picture in 30 minutes. In a demo, you’ll see how Solvexia automates reconciliations end-to-end - from data ingestion and matching to exception handling and reporting. You’ll also see AI-driven matching, no-code workflow setup, and integration with banks, ERPs, and payment gateways. We’ll share timelines, budget ranges, and examples of ROI so you can see exactly how Solvexia fits your needs.