FloQast vs Maxima
FloQast
Enterprise accounting teams: CFOs, CAOs, controllers, accountants, internal audit and compliance
2013; Los Angeles, California
Maxima
Enterprise and strategic accounting teams at public and private companies
San Francisco, California; founding year not published
FloQast and Maxima both sell to accounting teams that want a faster, better-controlled month-end close.
FloQast, founded in 2013 and used by more than 3,500 accounting teams, provides close checklists, reconciliations, AI agents and audit workflows on top of the ERP; Maxima builds AI agents that prepare journal entries, reconciliations and flux analysis for enterprise accounting teams.
FloQast vs Maxima: side by side
“Not published” means the vendor does not state it.
| FloQast | Maxima | |
|---|---|---|
| What it does | Close checklists, account reconciliations, AI agents, transaction matching, journal entries, variance analysis, and controls and audit workflows | AI agents that prepare journal entries, reconciliations, transaction matching and flux analysis for the month-end close, with lineage on every output for review and audit |
| Best for | Enterprise accounting teams: CFOs, CAOs, controllers, accountants, internal audit and compliance | Enterprise and strategic accounting teams at public and private companies |
| Founded and HQ | 2013; Los Angeles, California | San Francisco, California; founding year not published |
| Ownership and funding | Venture-backed; Series E US$100m (Apr 2024) led by ICONIQ Growth at a US$1.6bn post-money valuation | Venture-funded: US$41m raised in seed and Series A; legal entity Indus AI Technologies, Inc. |
| Customers or users | 3,500+ accounting teams, including Lululemon, Chipotle, Shopify, HubSpot, DoorDash and Major League Baseball | Zendesk, Roofstock, Rippling, Scale AI, Gorgias, SpotOn and Rewst; US$400bn+ transaction volume processed |
| Pricing | Not published; packages (Close Management, Close AI, Risk & Compliance) with no per-user fees; contact sales | Not published; demo on request |
| Deployment and markets | Works on top of the ERP; offices in the US, London, Berlin, Sydney and Pune; site in English, German and French | Cloud software hosted on Google Cloud in the US; handles multiple entities and currencies; regions served not published |
FloQast integrations
General ledger and ERP connections.
Main differences
FloQast was founded in 2013 and has 3,500+ accounting teams as customers; Maxima has raised US$41m in seed and Series A funding and names seven customers, including Zendesk and Rippling.
FloQast organises the close around checklists, reconciliations and sign-off, with AI agents added; Maxima's product is the agents, which prepare the work for accountants to approve.
FloQast includes controls, compliance and audit workflows and is ISO 42001 certified; Maxima holds SOC 1 Type 2 and SOC 2 Type 2, with ISO 42001 listed as coming soon.
FloQast has offices in the US, London, Berlin, Sydney and Pune; Maxima is based in San Francisco.
Which to choose
Choose FloQast if
- You want one platform for the close checklist, reconciliations, controls and audit requests
Choose Maxima if
- Your priority is having AI agents prepare entries, matches and flux analysis for review
Either way: If you already run a close checklist tool, check whether its own AI agents cover the same work before adding a second product.
Compare further
Common questions
What is the difference between FloQast and Maxima?+
FloQast is a close management platform with checklists, reconciliations, transaction matching, AI agents, and controls and audit workflows. Maxima builds AI agents that prepare journal entries, reconciliations, transaction matching and flux analysis, with lineage on every output for review and audit.
How much do FloQast and Maxima cost?+
Neither publishes prices. FloQast sells Close Management, Close AI and Risk & Compliance packages with no per-user fees through its sales team. Maxima gives pricing after a demo.
Do FloQast and Maxima post entries without review?+
No. In FloQast nothing posts to the books without human approval, and in Maxima no journal entry, reconciliation or adjustment reaches the general ledger without human sign-off.
Part of Accountio’s accounting technology coverage.
