FloQast vs SkyStem ART
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 | Quote-based |
| Deployment | Cloud | Cloud |
| Company size | Mid-market, Enterprise | SMB, Mid-market, Enterprise |
| Stated ERP integrations | NetSuite, SAP, Microsoft Dynamics 365, Sage Intacct, Oracle Fusion Cloud, Workday, QuickBooks, Xero | Oracle Fusion Cloud |
| Vendor | FloQast, Inc. | SkyStem |
Our take
Where FloQast leads
- Stronger evidenced coverage on 16 of the 26 capabilities where they differ (led by automated journal entry creation and journal entry approval workflow).
- Stated NetSuite, SAP, Microsoft Dynamics 365, Sage Intacct, Workday, QuickBooks, Xero integration the alternative doesn't list.
Where SkyStem ART leads
- Stronger evidenced coverage on 10 of the 26 capabilities where they differ (led by system-enforced segregation of duties and variance commentary & explanation workflow).
Where they differ
The 26 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 | ||
|---|---|---|
| System-enforced segregation of dutiesAccount Reconciliation | Not evidenced | Core strength Preparer cannot also review their own reconciliation |
| Automated journal entry creationJournal Entry Automation | Core strength Automated journal entry drafting | Not evidenced |
| Journal entry approval workflowJournal Entry Automation | Core strength Journal entry review and approval routing | Not evidenced |
| Variance commentary & explanation workflowVariance & Flux Analysis | Not evidenced | Core strength Owner assignment to explain variances and attach documentation |
| AI copilot / agentic automationAI, Analytics & Monitoring | Core strength No-code configuration of AI agents; prebuilt agents for close workflows | Not evidenced |
| Task dependencies & sequencingClose Task Management | Core strength | Partial Task assignment with owners/due dates; no stated dependencies |
| Configurable variance thresholds & auto-certificationAccount Reconciliation | Not evidenced | Supported Standard reconciliation form templates |
| 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 |
| Multi-entity, multi-currency consolidationConsolidation & Intercompany | Supported Multi-entity consolidation support | Not evidenced |
| Multi-period trend analysisVariance & Flux Analysis | Not evidenced | Supported Period-to-period, quarter-to-quarter and year-to-year thresholds |
| CFO / board-ready variance reportingVariance & Flux Analysis | Not evidenced | Supported Real-time executive dashboards (CFO/Controller) |
| Financial statement / management reportingReporting & Disclosure | Supported Financial statement risk management with narratives/flowcharts | Not evidenced |
| Custom / ad-hoc report builderReporting & Disclosure | Not evidenced | Supported Standard reports: unusual balances, exceptions, SOD violations |
| AI-driven anomaly detectionAI, Analytics & Monitoring | Supported Risk assessment, scoring and risk heatmaps; AI-assisted controls testing | Not evidenced |
| Public API for custom integrationsPlatform & Integrations | Supported API-based data feeds from source systems | Not evidenced |
| Prebuilt / certified ERP connectivityPlatform & Integrations | Core strength NetSuite SuiteApp, SAP S/4HANA, D365 BC, Sage Intacct, Oracle, Workday, QuickBooks, Xero | Partial ERP-agnostic via CSV/Excel file import, not prebuilt connectors |
| SOX / internal controls trackingClose Task Management | Core strength Multi-framework control mapping (SOX, SOC 2, ISO, GDPR) | Supported System-enforced segregation of duties |
| Close calendar & milestone trackingClose Task Management | Core strength Close calendar with milestone tracking | Supported Task assignment with owners and due dates |
| Multi-way transaction matchingAccount Reconciliation | Core strength AI-powered transaction matching across GL and subledger detail | Supported Transactional matching between data sets |
| Recurring reconciliation templatesAccount Reconciliation | Supported Out-of-the-box matching on the majority of transactions | Core strength Standard reconciliation form templates, usable across currencies |
| Direct journal entry posting to the ERPJournal Entry Automation | Partial API feeds pull ERP data; explicit JE-posting-back not documented | Not evidenced |
| Automated variance flagging against thresholdsVariance & Flux Analysis | Supported Risk assessment, scoring and risk heatmaps | Core strength Automatic identification of accounts exceeding thresholds |
| Immutable audit trailPlatform & Integrations | Core strength Centralized audit trail and evidence linkage for external auditors | Supported Electronic report sign-off and archiving |
| Role-based access controlsPlatform & Integrations | Supported Role-based assignment of individual or collective close tasks | Core strength Role-based access governing visibility of balance sheet data |
| Cloud & on-premise / hybrid deployment optionsPlatform & Integrations | Not evidenced | Partial Cloud-based only; no on-premise option documented |
Both grade identically on the other 24 capabilities — see each product's full profile: FloQast, SkyStem ART.
FloQast vs SkyStem ART — FAQs
Is FloQast or SkyStem ART better for ERP integration?
Both state integrations with Oracle Fusion Cloud. FloQast additionally lists NetSuite, SAP, Microsoft Dynamics 365, Sage Intacct, Workday, QuickBooks, Xero. Always verify the connector against your ERP version with a reference customer.
Which is cheaper, FloQast or SkyStem ART?
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 SkyStem ART should each cost you — and whether a third option belongs on your shortlist.