LOS ANGELES, May 09, 2024 (GLOBE NEWSWIRE) — FloQast, a Finance and Accounting Operations Platform provider created for accountants by accountants, today introduced new feature enhancements to its FloQast™Compliance Management solution, empowering proactive risk assessment, more effective management of compliance programs, and smoother and more efficient internal audit processes. The feature enhancements bring even greater ROI to chief financial officers and accounting and finance teams through a lower total cost of ownership driven by consolidating solutions for accounting workflows and compliance programs.
Businesses of all sizes navigate a complex web of industry regulations amid rising enterprise risks and talent shortages. Compliance implementation is often costly and time-consuming, with many relying on inefficient manual or fragmented tech solutions. FloQast Compliance Management and these latest enhancements address these issues by centralizing compliance management from risk assessment and control design to execution, testing, remediation, and optimization.
“FloQast Compliance Management addresses a critical issue faced by finance and accounting teams: the challenge…