FloQast, a finance and accounting operations platform created by accountants for accountants, has announced a strategic consulting partnership with PwC UK, a global leader in assurance, advisory, and tax services.

The collaboration combines the power of FloQast’s finance and accounting operations platform with PwC’s extensive industry expertise to transform critical accounting and finance processes, including the financial close, and compliance and internal controls management.  

Today’s businesses are under significant pressure to transform their accounting and finance operations for greater accuracy and more valuable data and insights – critical for steering organisational strategy. This includes an increased focus on strengthening internal controls to comply with regulations, be audit-ready, and protect the business. 

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 UK’s deep understanding of finance transformation and optimisation, regulatory environments, and industry-specific challenges will enrich the partnership by providing tailored consulting services to clients seeking greater efficiency and accuracy. 

Commenting on this, FloQast managing director for EMEA, Adam Zoucha, said: “FloQast is proud to partner with PwC UK, continuing our momentum in the region by pairing FloQast’s cutting-edge Finance and Accounting technology with PwC’s industry and consulting expertise.

“The partnership comes at a critical strategic moment for many organisations, and we’re excited to be a resource for our customers as they pursue financial transformation.” 

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PwC UK partner for enterprise business applications, Lauren Cottier, added: “We are hugely excited to embark on this journey with FloQast to help businesses in the UK and EMEA region to accelerate financial transformations and deliver accounting operational excellence.

“By combining our expertise in system implementation, back-office transformation and risk and compliance 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.”

In 2023, FloQast announced a strategic consulting partnership with PwC Germany to enhance financial close solutions in the region. This latest collaboration between PwC UK and FloQast is built upon PwC UK’s dedication to delivering outstanding client service and FloQast’s commitment to innovation, forming a robust foundation for their strategic partnership.