Fintech FloQast and PwC Australia to Enhance Financial Transformation Offerings

FloQast announced a consulting relationship with PwC Australia, a global consulting firm.

The alliance combines FloQast’s advanced Finance and Accounting Operations Platform with PwC Australia’s deep industry expertise “to transform key accounting and finance operations, including the financial Close, compliance management, and internal controls.”

Today’s businesses face mounting demands “to modernize their accounting and finance functions, with the goal of ensuring greater accuracy and producing actionable insights crucial for shaping organizational direction.”

This imperative extends to bolstering internal controls “to meet regulatory standards, ensure audit preparedness, and fortify business resilience.”

FloQast addresses these needs by “offering accounting teams a wealth of resources to improve communication and transparency, automate time-consuming tasks, and assure financial accuracy.”

This empowers them to work collaboratively, “reduce errors, and accelerate record-to-report and compliance management processes. PwC Australia’s deep understanding of finance transformation and optimization, regulatory environments, and industry-specific challenges will enrich the relationship by providing tailored consulting services to clients seeking greater efficiency and accuracy.”

Jason Toshack, Managing Director of FloQast Australia said:

“We are incredibly excited to expand our collaboration with PwC Australia. This relationship reinforces FloQast’s commitment to advancing financial transformation in the region, combining our innovative Finance and Accounting Operations Platform with PwC Australia’s deep industry knowledge and consulting capabilities. As organizations navigate critical strategic shifts, we are dedicated to supporting our customers on their journey towards financial excellence.”

Mathea Beck, Partner, PwC Australia said:

“We are hugely excited to embark on this journey with FloQast to help businesses in Australia to accelerate their digitization of finance, transform ways of working and deliver operational excellence. By combining our expertise in system implementation, business transformation and embedding risk and compliance into the design with FloQast’s best-of-breed advanced workflow automation, we aim to deliver comprehensive solutions that address the unique challenges faced by finance teams today.”

Earlier in 2024, FloQast announced “a strategic consulting relationship with PwC UK to enhance financial Close solutions in the region.”

In 2023, PwC Germany also “cemented its collaboration with FloQast.”

This latest collaboration between PwC Australia and FloQast “is built upon PwC Australia’s dedication to delivering outstanding client service and FloQast’s commitment to innovation, forming a robust foundation for their strategic relationship.”

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