FloQast’s close management software for accountants now integrates with cloud storage solutions Microsoft OneDrive and Egnyte, and has been added to cloud single sign-on (SSO) ecosystems from Google and Okta. The integrations are mean to address high-level security and governance requirements for the financial services industry, among others.

The integrations with Microsoft OneDrive and Egnyte are designed to let FloQast users access financial data residing in Excel workbooks housed within these cloud storage applications. Within these integrated channels, FloQast accesses customer financial data from Excel-based account reconciliations to ensure all accounts are automatically tied-out against the general ledger system.

The Okta and Google SSO integrations are hoped to bolster security by supporting password complexity and multi-factor authentication. The idea is that within these ecosystems, FloQast close management software can only be accessed by authorized users.

FloQast already integrates with Box, Dropbox and Google Drive.

Bloomberg News
Ranica Arrowsmith

Technology editor for Accounting Today.