FloQast vs OneStream
financial close & consolidation head-to-head for ERP teams: evidenced capabilities, published pricing, and which ERPs each actually integrates with.
| Starting price | Annual subscription, quote-based by accounting-team size | Annual subscription, quote-based by entity and data volume |
| Deployment | Cloud | Cloud |
| Company size | Mid-market, Enterprise | Mid-market, Enterprise |
| Stated ERP integrations | NetSuite, SAP, Microsoft Dynamics 365, Sage Intacct, Oracle Fusion Cloud, Workday, QuickBooks, Xero | SAP, Oracle Fusion Cloud, NetSuite, Microsoft Dynamics 365, Workday |
| Vendor | FloQast, Inc. | OneStream Software |
Our take
Where FloQast leads
- Stronger evidenced coverage on 14 of the 30 capabilities where they differ (led by sox / internal controls tracking and close calendar & milestone tracking).
- Stated Sage Intacct, QuickBooks, Xero integration the alternative doesn't list.
Where OneStream leads
- Stronger evidenced coverage on 16 of the 30 capabilities where they differ (led by drill-back to source transactions and automated intercompany eliminations).
Where they differ
The 30 capabilities (of 50 in the financial close & consolidation taxonomy) where the evidence separates them, biggest gaps first. “Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
| Capability | ||
|---|---|---|
| SOX / internal controls trackingClose Task Management | Core strength Multi-framework control mapping (SOX, SOC 2, ISO, GDPR) | Not evidenced |
| Close calendar & milestone trackingClose Task Management | Core strength Close calendar with milestone tracking | Not evidenced |
| Journal entry approval workflowJournal Entry Automation | Core strength Journal entry review and approval routing | Not evidenced |
| Drill-back to source transactionsJournal Entry Automation | Not evidenced | Core strength Drill-back and drill-through to source-system transactions |
| Automated intercompany eliminationsConsolidation & Intercompany | Not evidenced | Core strength |
| Currency translation & FXConsolidation & Intercompany | Not evidenced | Core strength Currency translation and cash flow tools |
| Multi-GAAP / IFRS / statutory reporting supportConsolidation & Intercompany | Not evidenced | Core strength US GAAP and IFRS support |
| Account-level flux / variance analysisVariance & Flux Analysis | Core strength AI-assisted variance and flux analysis | Not evidenced |
| Disclosure & narrative reportingReporting & Disclosure | Not evidenced | Core strength Footnote and disclosure generation |
| Tax provision calculationTax Provision & Compliance | Not evidenced | Core strength TB loading aligned to reporting; consolidated/statutory ETR reporting |
| Deferred tax roll-forward trackingTax Provision & Compliance | Not evidenced | Core strength Deferred tax roll-forward tracking |
| Statutory / local tax reportingTax Provision & Compliance | Not evidenced | Core strength Consolidated and statutory effective tax rate (ETR) reporting |
| Tax account reconciliationTax Provision & Compliance | Not evidenced | Core strength |
| AI-assisted predictive forecastingAI, Analytics & Monitoring | Not evidenced | Core strength SensibleAI Forecast for automated forecast generation |
| Role-based task assignment & ownershipClose Task Management | Core strength Role-based assignment of individual or collective close tasks | Partial Implied by workflow management; not explicitly documented |
| Unmatched item aging & resolution workflowAccount Reconciliation | Supported Matches thousands of transactions at once | Not evidenced |
| Recurring reconciliation templatesAccount Reconciliation | Supported Out-of-the-box matching on the majority of transactions | Not evidenced |
| High-volume matching (bank, card, POS, payroll)Account Reconciliation | Supported Matches thousands of transactions at once | Not evidenced |
| Recurring & accrual journal entriesJournal Entry Automation | Supported Automatic amortization and depreciation schedule calculation | Not evidenced |
| Custom / ad-hoc report builderReporting & Disclosure | Not evidenced | Supported Ad hoc analysis via pivot grids |
| Public API for custom integrationsPlatform & Integrations | Supported API-based data feeds from source systems | Not evidenced |
| Role-based access controlsPlatform & Integrations | Supported Role-based assignment of individual or collective close tasks | Not evidenced |
| Task dependencies & sequencingClose Task Management | Core strength | Supported |
| Automated journal entry creationJournal Entry Automation | Core strength Automated journal entry drafting | Supported Journal entry manager across multiple ERPs |
| Direct journal entry posting to the ERPJournal Entry Automation | Partial API feeds pull ERP data; explicit JE-posting-back not documented | Supported Journal entry manager with direct-connect to SAP, Oracle, NetSuite, D365 |
| Multi-entity, multi-currency consolidationConsolidation & Intercompany | Supported Multi-entity consolidation support | Core strength Global consolidations with US GAAP and IFRS support |
| Automated variance flagging against thresholdsVariance & Flux Analysis | Supported Risk assessment, scoring and risk heatmaps | Partial SensibleAI Studio for anomaly detection |
| Financial statement / management reportingReporting & Disclosure | Supported Financial statement risk management with narratives/flowcharts | Core strength Guided reporting for business-user consumption |
| AI-driven anomaly detectionAI, Analytics & Monitoring | Supported Risk assessment, scoring and risk heatmaps; AI-assisted controls testing | Core strength SensibleAI Studio anomaly detection; AI-assisted rec anomaly flagging |
| Automated data ingestion & validationPlatform & Integrations | Supported API-based data feeds from source systems | Core strength Built-in RPA for data loads; workflow-guided data validation |
Both grade identically on the other 20 capabilities — see each product's full profile: FloQast, OneStream.
FloQast vs OneStream — FAQs
Is FloQast or OneStream better for ERP integration?
Both state integrations with NetSuite, SAP, Microsoft Dynamics 365, Oracle Fusion Cloud, Workday. FloQast additionally lists Sage Intacct, QuickBooks, Xero. Always verify the connector against your ERP version with a reference customer.
Which is cheaper, FloQast or OneStream?
Neither publishes a list price — both quote. Ask each for the all-in first-year cost at your seat count, as one number, and compare those.
Get pricing for both
Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what FloQast and OneStream should each cost you — and whether a third option belongs on your shortlist.