BlackLine vs FloQast
BlackLine
Finance and accounting teams at large companies, including over half the Fortune 500
2001; Los Angeles (Woodland Hills), California
FloQast
Enterprise accounting teams: CFOs, CAOs, controllers, accountants, internal audit and compliance
2013; Los Angeles, California
BlackLine and FloQast are two established financial close platforms for accounting teams.
BlackLine, listed on Nasdaq and used by more than half the Fortune 500, covers reconciliations, matching, journal entries, consolidation, intercompany and invoice-to-cash; FloQast, used by 3,500+ accounting teams, covers close checklists, reconciliations, AI agents, and controls and audit workflows on top of the ERP.
BlackLine vs FloQast: side by side
“Not published” means the vendor does not state it.
| BlackLine | FloQast | |
|---|---|---|
| What it does | Reconciliations, transaction matching, journal entries, consolidation, intercompany and invoice-to-cash, with Verity AI agents | Close checklists, account reconciliations, AI agents, transaction matching, journal entries, variance analysis, and controls and audit workflows |
| Best for | Finance and accounting teams at large companies, including over half the Fortune 500 | Enterprise accounting teams: CFOs, CAOs, controllers, accountants, internal audit and compliance |
| Founded and HQ | 2001; Los Angeles (Woodland Hills), California | 2013; Los Angeles, California |
| Ownership and funding | Listed on Nasdaq (BL); CEO and Chairman Owen Ryan | Venture-backed; Series E US$100m (Apr 2024) led by ICONIQ Growth at a US$1.6bn post-money valuation |
| Customers or users | 4,300+ customers and 385,000+ users; 50%+ of the Fortune 500 | 3,500+ accounting teams, including Lululemon, Chipotle, Shopify, HubSpot, DoorDash and Major League Baseball |
| Pricing | Not published; demo on request | Not published; packages (Close Management, Close AI, Risk & Compliance) with no per-user fees; contact sales |
| Deployment and markets | Cloud software; offices in 12 countries across the Americas, Europe, the Middle East and Asia-Pacific | Works on top of the ERP; offices in the US, London, Berlin, Sydney and Pune; site in English, German and French |
FloQast integrations
General ledger and ERP connections.
Main differences
BlackLine is a public company listed on Nasdaq; FloQast is venture-backed, with a US$100m Series E in 2024 at a US$1.6bn valuation.
BlackLine also covers consolidation, intercompany and invoice-to-cash; FloQast concentrates on the close, reconciliations, and controls and audit workflows.
BlackLine has 4,300+ customers and 385,000+ users; FloQast has 3,500+ accounting teams, including Lululemon, Chipotle and Shopify.
BlackLine sells its agents as the Verity AI suite; FloQast builds AI agents into the close and is ISO 42001 certified.
Neither publishes prices; FloQast sells packages with no per-user fees, and BlackLine prices after a demo.
Which to choose
Choose BlackLine if
- You need consolidation, intercompany or invoice-to-cash alongside the close
Choose FloQast if
- You want close management, reconciliations and controls in one product sold by package without per-user fees
Compare further
Common questions
What is the difference between BlackLine and FloQast?+
BlackLine covers reconciliations, transaction matching, journal entries, consolidation, intercompany and invoice-to-cash, with Verity AI agents. FloQast covers close checklists, account reconciliations, AI agents, transaction matching, journal entries, variance analysis, and controls and audit workflows.
Is BlackLine or FloQast a public company?+
BlackLine is listed on Nasdaq under the ticker BL. FloQast is venture-backed; its most recent round was a US$100m Series E in April 2024, led by ICONIQ Growth at a US$1.6bn post-money valuation.
How much do BlackLine and FloQast cost?+
Neither publishes prices. BlackLine prices after a demo. FloQast sells Close Management, Close AI and Risk & Compliance packages with no per-user fees through its sales team.
Part of Accountio’s accounting technology coverage.
