FloQast vs Numeric

FloQast helps accountants close faster. Numeric adds automation and real-time insights.

FloQast vs Numeric Comparison
Feature / Category FloQast Numeric
Audit, Compliance, Governance Provides connected compliance and audit testing within its Accounting Transformation Platform, linking reconciliations, risk, and evidence management. Embeds controls directly into close and reconciliation workflows, ensuring audit-ready documentation and proactive monitoring.
Integrations Integrates with major ERPs (NetSuite, Sage Intacct, QuickBooks), plus collaboration tools (Slack, Teams, Excel). Offers live ERP integrations with NetSuite, Intacct, QuickBooks, and Xero, syncing every transaction in real time for reconciliation and analysis.
Scalability Serves 2,800+ organisations, scaling across entities with standardised close and compliance workflows. Designed to scale with real-time data streaming from ERPs, handling high transaction volumes while maintaining instant visibility.
Implementation (Time to Value) Average implementation 1.7 months (publicly cited); structured onboarding process. Emphasises instant ERP connectivity and rapid adoption; implementation time not published but positioned as "quick to value."
Complex Transaction Matching Offers AI Transaction Matching, automating up to 80% of reconciliations using rule-based logic and AI. Focuses on account-level reconciliations with full transaction completeness; identifies reconciling items but not designed for multi-way or external-source matching.
Daily Reconciliation Supports continuous visibility across the close cycle; AI-driven exception tracking during the period. Performs real-time reconciliations using ERP data; exceptions flagged immediately through automated monitors.
Deployment 100% cloud-based SaaS solution for financial close, reconciliations, and compliance. 100% cloud-native platform, directly integrated with ERPs and always in sync with underlying data.
Customizable Solution Provides configurable checklists, dashboards, workflows, and variance modules to fit organisation-specific close needs. Allows configuration of materiality thresholds, monitors, and variance reports; highly adaptable to account structures and policies.
Self Support / Administration Designed for accountant-led setup and ownership; users can manage workflows and templates without IT. Fully finance-owned and configurable; accounting teams control reconciliations, workpapers, and variance thresholds directly.
Customer Service Focuses on rapid onboarding and ongoing customer success with dedicated support and resources. Offers in-app guidance and support tools; emphasises intuitive setup and self-sufficiency over formal support tiers.
Automation & AI AI-assisted close and testing, automating reconciliations, journal entry suggestions, and exception handling. Uses AI and "Numeric Intelligence" for variance analysis, anomaly detection, and transaction-level insights.
User Experience / Usability Known for a simple, accountant-friendly interface; collaboration features for distributed teams. Built for real-time drill-through into ERP transactions; search, variance, and monitors accessible directly in dashboards.
Breadth of Features Comprehensive close management, reconciliations, compliance, and variance analysis platform. Covers close, reconciliations, variance analysis, transaction monitoring, and reporting; more analytics-driven, less compliance-heavy.
Reporting & Analytics Provides real-time close dashboards, status tracking, and performance analytics. Provides transaction-level reporting and variance trendlines with instant drill-down to source data.
Financial Close Management Core product strength — task management, reconciliations, approvals, and checklists for month-end close. Core product strength — centralised close with live ERP data, monitors, and variance tools to accelerate close.
Account Reconciliations Automates account reconciliations via AI matching and exception handling. Performs continuous reconciliations from ERP data, including auto-submission of predictable accounts.
Exception Handling Highlights "Focus on Exceptions" — AI flags anomalies and automates reconciliations. Uses Transaction Monitors to proactively detect and flag exceptions before close.
Team Collaboration Embedded collaboration tools, including assignments, notes, and approvals within checklists. Shared workpapers, ownership tagging, and close coordination within one real-time workspace.

Which tool to choose?

FloQast is built for financial close and compliance management, helping accounting teams organize checklists, approvals, reconciliations, and audit documentation in one place.

It’s intuitive and quick to deploy — typically live in under two months — and ideal for teams that want standardized close processes, visibility, and collaboration across multiple entities. However, its automation is primarily focused on close activities, not broader data integration or analytics.

Numeric takes a real-time, ERP-native approach to closing and reconciliation. It continuously syncs every transaction from ERPs like NetSuite or Intacct, enabling instant variance analysis, live reporting, and proactive exception monitoring.

It’s perfect for data-driven teams that value speed and transparency, though it’s more limited in governance controls, enterprise audit workflows, and complex multi-system reconciliations.

Solvexia brings the best of both worlds — the discipline and audit control of FloQast with the real-time automation and analytics of Numeric. It empowers finance teams to automate complex reconciliations, exception handling, and reporting across any data source, all in a no-code platform that goes live in 2–3 months and requires no IT support.

Solvexia gives finance full control, scalability, and measurable ROI in under a year — enabling true enterprise power without enterprise complexity.

Trade-offs

SolveXia Competitive Comparison
Aspect FloQast Numeric Why Solvexia is the Better Option
Platform Scope Close-management and compliance platform with reconciliations, checklists, and variance analysis. Real-time close and reconciliation automation built directly on ERP data. Solvexia extends beyond both — automating reconciliations, analytics, and reporting end-to-end across any data source, not just the ERP.
Complexity of Deployment Structured onboarding (~1.7 months); requires coordination but little IT once live. Quick ERP connection; value realised immediately after setup. Solvexia typically goes live in 2–3 months; finance teams are productive in days, with no ongoing IT dependency.
Automation Depth Automates 70–80% of reconciliations through AI matching and rule-based logic. Automates reconciliations and variance detection in real time; limited multi-source matching. Solvexia automates complex, multi-way reconciliations, exception routing, and analytics — handling far larger, cross-system data volumes.
Governance & Compliance Strong compliance and audit controls within close workflows. Governance embedded in reconciliation; lighter formal controls. Solvexia provides full audit trails, configurable approvals, and alerts across all automated workflows — enterprise-grade compliance without extra overhead.
Scalability & Performance Proven across thousands of accounting teams; optimised for standardised processes. Scales with live ERP data; performance depends on ERP environment. Solvexia scales from mid-market to enterprise with no re-platforming, ingesting millions of records from any system.
Ease of Use Accountant-friendly interface emphasising collaboration and checklist control. Intuitive dashboards with real-time search and transaction drill-through. Solvexia offers a no-code, drag-and-drop workspace combining governance and real-time insight in one interface.
Customization & Control Configurable checklists and workflows; structured around the close cycle. Flexible variance and monitor configuration; tailored thresholds and alerts. Solvexia empowers finance to design and adapt automations independently — no vendor or coding required.
Integration Breadth Connects with major ERPs and collaboration tools. Native integrations with leading cloud ERPs; limited external data connections. Solvexia connects to ERPs, banks, PSPs, data lakes, and files, creating a unified automation layer.
Exception Handling AI flags anomalies during close; users focus on exceptions. Transaction Monitors catch exceptions as they occur in ERP data. Solvexia applies smart-matching and rule-based exception automation that learns and improves over time.
ROI & Time to Value Rapid ROI from shorter closes and improved team efficiency. Fast insight ROI via real-time variance and monitor alerts. Solvexia delivers measurable ROI in 6–12 months, cutting manual work by up to 98% and reconciling 100× faster.

Why choose Solvexia?

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Broader Automation, Beyond the Close

FloQast streamlines the financial close and compliance. Numeric provides real-time reconciliations within the ERP.

Solvexia automates every step of the finance process — from reconciliations and exception management to analytics, reporting, and regulatory workflows. It connects data across ERPs, banks, and other sources, giving finance a single, complete automation layer.

Enterprise-Grade Reconciliation Power

Both FloQast and Numeric automate reconciliations, but primarily within structured or ERP-native environments.

Solvexia handles complex, high-volume reconciliations — including one-to-many and many-to-many matches — across any system. Smart-matching and rule-based automation eliminate manual effort while preserving full transparency and audit trails.

Finance-Owned, No-Code Control

FloQast and Numeric both simplify the user experience, but configuration and scaling still rely on structured data models or vendor oversight.

Solvexia is truly finance-owned — users can design, adapt, and scale automations through a drag-and-drop, no-code interface. Finance teams stay agile and independent from IT, accelerating continuous improvement.

Faster ROI, Measurable Impact

FloQast delivers faster close cycles. Numeric provides instant ERP visibility.

Solvexia achieves both — reducing manual work by up to 98%, reconciling data 100× faster, and delivering ROI in 6–12 months. Once deployed, teams can scale automation without re-platforming or extra IT resources.

Scalable for Any Organization

FloQast is best for accounting teams standardizing the close; Numeric suits ERP-centric, mid-market teams.

Solvexia scales seamlessly from mid-size organizations to global enterprises, managing millions of transactions across multiple data sources while maintaining flexibility, control, and governance.

Fast.
Reliable.
Transparent.

99
%
match rate
100
x
faster processing
6-12
months to ROI
98
%
fewer errors

Don't take our word for it.
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
"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
Read full customer story

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

‍
Read full customer story

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

‍
Read full customer story

15

Currencies reconciled

Frequently asked questions

How do FloQast and Numeric differ in focus?

FloQast focuses on financial close management and compliance, helping teams organize reconciliations, approvals, and checklists in a standardized framework.

Numeric centers on real-time ERP-connected close, continuously syncing every transaction for variance analysis, reconciliation, and reporting.

Solvexia combines both — offering full-spectrum automation for reconciliations, exception handling, analytics, and reporting across any data source, not just ERP systems.

How long does implementation take?

FloQast typically goes live in around 1.7 months, based on published averages.

Numeric positions itself as “quick to value,” connecting instantly to supported ERPs with minimal setup time.

Solvexia implementations take 2–3 months on average, but once configured, users are live in days — with no need for ongoing IT or vendor intervention.

Which platform offers greater automation depth?

FloQast automates up to 80% of reconciliations and streamlines close checklists.

Numeric automates reconciliations and variance detection in real time but is limited to ERP-synced data.

Solvexia automates complex, multi-system reconciliations and analytics workflows, unifying data across ERPs, banks, PSPs, and data warehouses — all within one platform.

Do these tools require IT or technical support to maintain?

FloQast requires little IT involvement after setup, but expanding modules or integrations can need admin oversight.

Numeric connects directly to ERPs and is largely self-managed but depends on clean ERP structures.

Solvexia is entirely finance-owned — built with no-code tools that allow teams to design, adapt, and scale automation independently, without relying on IT resources.

Which handles complex reconciliations better?

FloQast focuses on period-end reconciliations tied to the close.

Numeric provides continuous, ERP-driven reconciliations at the account level.

Solvexia handles high-volume, multi-source reconciliations — including one-to-many and many-to-many matches — while automatically detecting, routing, and resolving exceptions.

How do they compare on governance and compliance?

FloQast includes robust audit and compliance workflows across the close.

Numeric embeds controls within reconciliation and transaction monitors but has lighter formal compliance frameworks.

Solvexia provides end-to-end audit trails, configurable approvals, and policy alerts, combining strong governance with real-time flexibility.

What kind of ROI can finance teams expect?

FloQast drives ROI through faster closes and improved team visibility.

Numeric provides ROI by catching issues early and reducing rework through live monitoring.

Solvexia delivers measurable ROI in 6–12 months, cutting manual work by up to 98% and improving reconciliation speed by 100×, all while scaling effortlessly.