FloQast vs OneStream

FloQast simplifies the month-end close. OneStream unifies performance and planning.

FloQast vs OneStream Comparison
Feature / Category FloQast OneStream
Audit, Compliance & Governance Provides connected compliance and audit-ready workflows, linking reconciliations, evidence, and controls inside the Accounting Transformation Platform. Embeds end-to-end governance with audit trails, risk scoring, and compliance checks across close, consolidation, and reconciliation modules.
Integrations Integrates with major ERPs (NetSuite, Intacct, QuickBooks Online), spreadsheets, and collaboration tools (Slack, Teams). Connects directly to ERPs, GLs, data warehouses, and other financial systems within a unified CPM layer; includes data-blending and drill-back.
Scalability Deployed by 2,800+ organisations; scales across entities for accounting-team workflows. Designed for enterprise performance management — scales to global, multi-entity, multi-currency environments.
Implementation (Time to Value) Typical go-live in ~1.7 months (per vendor averages); minimal IT after setup. Implementation depends on CPM scope; modular deployments possible but full platform rollouts are enterprise-scale projects.
Complex Transaction Matching Includes AI Transaction Matching, automating up to ~80% of reconciliations (vendor-stated). Offers Transaction Matching Solution for many-to-many, multi-data-source matches with drill-to-detail and exception tracking.
Daily Reconciliation Enables continuous visibility throughout the period; reconciliations tied to close cadence. Supports continuous or daily reconciliations, keeping balances synchronised and audit-ready.
Deployment 100% cloud SaaS; purpose-built for accounting and close teams. Unified cloud CPM platform encompassing close, consolidation, planning, and analytics.
Customizable Solution Configurable checklists, workflows, dashboards, and variance modules; tailored for accounting users. Highly configurable platform with rules, templates, and logic layers for reconciliation, consolidation, and planning.
Self Support / Administration Finance-owned setup; accountants manage checklists and reconciliations without coding. Requires central administration for data and security; finance users can own processes within governance rules.
Customer Service Emphasises fast onboarding and customer success with dedicated enablement teams. Provides enterprise-grade support via global services and partner network; typically includes implementation specialists.
Automation & AI Uses AI for reconciliation matching, journal testing, and compliance analysis. Integrates SensibleAI Agents & Studio for anomaly detection, predictive analytics, and AI-assisted reconciliations.
User Experience / Usability Known for an intuitive, accountant-friendly interface with strong collaboration and visibility. Unified interface across CPM functions; powerful but more complex, suited to enterprise finance teams.
Breadth of Features Focused on close management, reconciliations, variance analysis, and compliance. Covers close, consolidation, planning, forecasting, tax, profitability, and ESG reporting — far broader in scope.
Reporting & Analytics Delivers close-status dashboards, variance analysis, and team performance metrics. Provides drill-through reporting, dashboards, profitability and scenario analytics, and integrated FP&A insight.
Financial Close Management Core strength — task lists, reconciliations, approvals, and audit control for month-end close. Core strength — automated close and consolidation workflows unified with reconciliation and reporting.
Account Reconciliations Automates reconciliations with AI matching and exception focus. Dedicated Account Reconciliation Solution with workflow automation, data validation, and risk ranking.
Exception Handling "Focus on Exceptions" approach — AI flags anomalies and routes them for review. Exception alerts and risk-scoring embedded within reconciliation and close dashboards.
Team Collaboration Built-in assignment, notes, and status tracking; integrates with collaboration tools. Enables collaboration through workflow approvals, shared tasks, and unified data across finance functions.

Which tool to choose?

FloQast is purpose-built for accounting teams seeking a faster, more organized close. It provides checklists, reconciliations, approvals, and compliance tools in one simple cloud platform.

Implementation is quick (often live in under two months), and the experience is intuitive for finance professionals. However, FloQast’s scope is primarily close-centric — it standardizes period-end processes but doesn’t extend deeply into analytics, complex reconciliations, or enterprise data automation.

OneStream, by contrast, delivers a unified Corporate Performance Management (CPM) suite that connects financial close, consolidation, planning, and reporting. It’s a powerhouse for large, multi-entity enterprises needing complete governance and deep integration across financial systems.

The trade-off is complexity — implementation is longer, customization requires IT or consulting support, and the platform can be more than smaller teams need.

Solvexia bridges these worlds. It offers OneStream-level automation with FloQast-level simplicity. Finance teams can automate reconciliations, exception handling, analytics, and reporting in one platform — with no coding, no heavy IT involvement, and rapid deployment (2–3 months).

Solvexia delivers measurable ROI within the first year, cutting manual work by up to 98% and processing reconciliations 100× faster. It’s designed for finance ownership, enabling teams to scale and adapt automation as needs evolve — without re-platforming or external dependencies.

Trade-offs

SolveXia Competitive Comparison
Aspect FloQast OneStream Why Solvexia Excels
Platform Scope Purpose-built for accounting teams to manage the financial close, reconciliations, and compliance. Comprehensive Corporate Performance Management (CPM) platform covering close, consolidation, planning, and analytics. Solvexia automates reconciliations, exception handling, analytics, and reporting in one platform — broader than FloQast, simpler and faster to deploy than OneStream.
Complexity of Deployment Typical go-live in ~1.7 months; light IT involvement. Enterprise implementations; often multi-month or phased rollouts with specialist support. Solvexia goes live in 2–3 months, with users productive in days and no further IT dependency.
Automation Depth Automates up to 80% of reconciliations (vendor claim) and checklists. Advanced automation across reconciliation, consolidation, forecasting, and reporting. Solvexia automates complex multi-system reconciliations and analytics with AI-driven matching and exception routing — achieving up to 98% manual-work reduction.
Governance & Compliance Strong audit workflows and evidence management within the close. Embedded governance across all CPM modules, with audit trails and risk scoring. Solvexia combines both: enterprise-grade audit trails, configurable approvals, and alerts across every automated process.
Scalability & Performance Scales across accounting teams; limited to close-centric data. Scales enterprise-wide; requires infrastructure and governance resources. Solvexia scales to millions of transactions across banks, ERPs, and data sources — without re-platforming or heavy admin.
Ease of Use Intuitive, accountant-friendly interface for close and compliance. Feature-rich but complex; learning curve for broad CPM suite. Solvexia combines ease of use with depth — a no-code drag-and-drop interface finance can manage end-to-end.
Customization & Control Configurable workflows and dashboards, limited beyond the close. Highly customisable platform with configurable logic and modelling. Solvexia offers no-code customisation so finance can adapt automations and analytics independently, without IT or coding.
Integration Breadth Connects with popular ERPs and collaboration tools. Integrates broadly with ERPs, data warehouses, and source systems. Solvexia connects to ERPs, banks, PSPs, and flat files, blending all finance data for reconciliation and analytics.
Exception Handling AI flags anomalies and focuses accountants on exceptions. Risk-based exception and variance monitoring across CPM data. Solvexia provides smart matching and AI-driven exception automation, resolving issues in real time with full traceability.
ROI & Time to Value Fast ROI from faster closes and improved team collaboration. Strategic ROI over longer horizons; larger investment and longer ramp-up. Solvexia delivers ROI in 6–12 months, combining fast time-to-value with enterprise-grade automation and analytics.

Why choose Solvexia?

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Enterprise Power — Without Enterprise Complexity

OneStream delivers a deep CPM suite, but deployments can be long and resource-heavy. FloQast is easier but focused mainly on close workflows.

Solvexia delivers enterprise-grade automation and analytics in a finance-owned, no-code platform — so teams get the same scale and control as large CPM tools, without the complexity or dependency on IT.

Faster Time to Value

FloQast implementations typically take about 1.7 months; OneStream projects are measured in quarters.

Solvexia balances speed with capability — going live in 2–3 months, with users productive in days. Once deployed, finance can extend automation independently across new data sources and processes.

Broader Automation — Beyond the Close

FloQast focuses on checklists, reconciliations, and compliance. OneStream spans close, consolidation, and planning.

Solvexia automates data ingestion, reconciliations, exception handling, analytics, and reporting — across any source system. It’s the single platform that unifies transaction-level automation and strategic reporting in one continuous flow.

Finance-Owned Control

Both FloQast and OneStream require structured implementation or admin oversight for major changes.

Solvexia puts control back in finance’s hands. Through a no-code design studio, users can build, adapt, and scale workflows — all without IT or vendor reliance. This means faster innovation and easier maintenance as business needs change.

Measurable, Ongoing ROI

FloQast helps teams close faster. OneStream drives long-term governance value.

Solvexia achieves both — reducing manual effort by up to 98%, reconciling 100× faster, and delivering ROI in under 12 months. It continues to scale with the organization, providing compounding productivity gains year after year.

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 OneStream differ in focus?

FloQast is purpose-built for accounting teams, focusing on close management, reconciliations, and compliance.

OneStream is an enterprise CPM platform that integrates financial close, consolidation, planning, and analytics into a single solution.

Solvexia combines both approaches — delivering enterprise-grade automation, reconciliations, and analytics in a no-code platform that finance can deploy and manage without IT dependency.

How long does implementation take?

FloQast typically goes live in around 1.7 months, with minimal technical setup.

OneStream implementations can span several months, depending on the complexity of the CPM rollout.

Solvexia balances both — live in 2–3 months, with most users fully productive within days after onboarding. Once deployed, no further IT or vendor support is needed to scale automation.

Which platform offers deeper automation and analytics?

FloQast automates reconciliations and close workflows with AI-assisted transaction matching and compliance checklists.

OneStream offers end-to-end automation across close, consolidation, planning, and reporting — but at the cost of greater configuration complexity.

Solvexia delivers deep, cross-system automation — handling complex reconciliations, exception resolution, and analytics across any data source, providing real-time visibility from transaction to report.

Do these tools require technical resources to maintain?

FloQast is designed for accountants, though ERP and data integrations may require some IT input.

OneStream typically requires IT or specialist administration, given its enterprise configuration and data model.

Solvexia is finance-owned — built for business users through no-code configuration, eliminating ongoing reliance on IT or consultants.

Which platform handles complex reconciliations best?

FloQast automates reconciliations primarily tied to the close cycle.

OneStream handles high-volume and multi-entity reconciliations within its CPM suite.

Solvexia goes further — enabling many-to-many, multi-source reconciliations with smart matching, exception handling, and full audit trails — across ERPs, banks, PSPs, and data lakes.

How do they compare on governance and compliance?

FloQast provides strong compliance workflows, approval hierarchies, and audit-ready checklists.

OneStream embeds enterprise-level governance across every CPM process.

Solvexia provides both — offering complete audit trails, configurable approvals, and alerts across all reconciliations and automations, ensuring full control without adding layers of complexity.

What kind of ROI can finance teams expect?

FloQast delivers ROI through faster closes and team efficiency.

OneStream provides long-term ROI by consolidating multiple financial systems into one.

Solvexia delivers both — measurable ROI in 6–12 months, reducing manual work by up to 98%, reconciling 100× faster, and scaling automation without added cost or IT reliance.