Maxima vs FloQast

Maxima vs FloQast

FloQast tracks the close. Maxima prepares it, so your team reviews, not scrambles.

FloQast tracks the close. Maxima prepares it, so your team reviews, not scrambles.

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4.9/5 rating

proven in production By Leading Accounting Teams
proven in production By
Leading Accounting Teams

Why accounting teams are choosing Maxima

Native integrations + transaction level lineage

100+ native connectors to pull transactions directly from source systems. Every journal, and recon ties back to the original transaction with full source-to-GL support

Fully connected platform

All modules operate in one system. Outputs flow forward. Journals feed reconciliations. Reconciliations feed flux. Work is done once, not rebuilt in each step

Continuous close prep

Agentic automation runs daily, transforming data, drafting journals, reconciling as data arrives, and flagging issues early. Month-end becomes review, not cleanup

AI native close automation

Agents draft entries, run reconciliations, match transactions, route exceptions, and attach evidence across multi-step close workflows. Accountants review and approve

Built for high volume, complex closes

Designed for multi-entity, multi-currency environments with fragmented systems. Handles recurring workflows and edge cases without adding headcount

Indirect integrations + manual cleanup

Relies on third party connectors and aggregated feeds. Data often requires manual cleanup and tie-outs before close preparation can begin

Fragmented, dated platform

Primarily checklists and status tracking. Preparation remains in spreadsheets and exports with limited built-in automation or documentation

Month-end activation

Work piles up at month-end when checklists kick off. Preparation compresses into the final days of the close

Bolt on AI stacked on a legacy system

AI features sit on top of task coordination. Teams still assemble workflows manually, increasing effort and error risk

Breaks as complexity increases

Rules-based automation handles simple cases. As volume and entities grow, manual workarounds and spreadsheet tie-outs return

What our customers are saying

“I’ve followed financial close tools like FloQast for years, and Maxima is the first platform where the infrastructure actually enables true accounting automation, not just better checklists or glorified analytics suites."

Jason Lai

Financial Controller

“With Maxima, we’ve automated full-cycle month-end close across cash, commissions, and investment accounting. It’s intuitive, built for real-world workflows and feels miles ahead of legacy accounting tools [like FloQast] stuck in the past”

Mervyn Haw

Senior Accountant

“The problem with legacy tools like FloQast is that they’re predeveloped to fit your use case inside their box. Maxima adapts to our reality: it ingests our data, structures it for our specific workflows, automates the work end to end, and gets us to a simple review and approval instead of hours of manual prep”

Jason Lopez

Controller

“We migrated from FloQast to Maxima because Maxima is simply more capable. Its cash reconciliation is leagues ahead, and instead of bolting on half-baked AI, Maxima is built AI-first with agents at the core.”

Josh Waldron

CAO

“I’ve followed financial close tools like FloQast for years, and Maxima is the first platform where the infrastructure actually enables true accounting automation, not just better checklists or glorified analytics suites."

Jason Lai

Financial Controller

“The problem with legacy tools like FloQast is that they’re predeveloped to fit your use case inside their box. Maxima adapts to our reality: it ingests our data, structures it for our specific workflows, automates the work end to end, and gets us to a simple review and approval instead of hours of manual prep”

Jason Lopez

Controller

“With Maxima, we’ve automated full-cycle month-end close across cash, commissions, and investment accounting. It’s intuitive, built for real-world workflows and feels miles ahead of legacy accounting tools [like FloQast] stuck in the past”

Mervyn Haw

Senior Accountant

“We migrated from FloQast to Maxima because Maxima is simply more capable. Its cash reconciliation is leagues ahead, and instead of bolting on half-baked AI, Maxima is built AI-first with agents at the core.”

Josh Waldron

CAO

“I’ve followed financial close tools like FloQast for years, and Maxima is the first platform where the infrastructure actually enables true accounting automation, not just better checklists or glorified analytics suites."

Jason Lai

Financial Controller

“The problem with legacy tools like FloQast is that they’re predeveloped to fit your use case inside their box. Maxima adapts to our reality: it ingests our data, structures it for our specific workflows, automates the work end to end, and gets us to a simple review and approval instead of hours of manual prep”

Jason Lopez

Controller

“With Maxima, we’ve automated full-cycle month-end close across cash, commissions, and investment accounting. It’s intuitive, built for real-world workflows and feels miles ahead of legacy accounting tools [like FloQast] stuck in the past”

Mervyn Haw

Senior Accountant

“We migrated from FloQast to Maxima because Maxima is simply more capable. Its cash reconciliation is leagues ahead, and instead of bolting on half-baked AI, Maxima is built AI-first with agents at the core.”

Josh Waldron

CAO

Key product differentiators

Agent prepared flux analysis that explains the why

Agent prepared flux analysis that explains the why

Maxima’s Flux Agent doesn’t just flag period-over-period changes. It queries your GL and underlying transactions to draft variance explanations with supporting detail, ready for review

Unlike FloQast, Maxima’s flux rolls up by your actual GL dimensions and drills through multiple levels to the exact transactions driving each variance.

Agent prepared transaction matching that holds up at scale

Agent prepared transaction matching that holds up at scale

Maxima merges and transforms messy source data upstream so matching stays accurate at millions of transactions.

Unlike FloQast’s standalone matching, Maxima carries matches straight into reconciliations and journal preparation, reducing manual tie-outs across the close.

Journal entries prepared automatically, not assembled manually

Journal entries prepared automatically, not assembled manually

Maxima connects to 100+ upstream systems, transforms source transactions into policy aligned journal entries, and routes them for review in a single workflow.

Unlike FloQast, Maxima automates the full path from raw transaction to posting in the GL under approval, reducing manual preparation and spreadsheet uploads across the close.

A Close Command Center built for real-world closes

A Close Command Center built for real-world closes

Maxima’s Close Command Center centralizes tasks, journals, reconciliations, and flux with built-in subtasks, giving teams full visibility without extra coordination.

Unlike static checklists, Maxima supports dependencies and conditional logic, so teams don’t chase updates manually and complex closes stay synchronized across contributors.

Scale AI, SpotOn, Rippling and many others migrated off from FloQast

98%

of manual cash workflows eliminated across 10+ upstream data sources

1 source of truth

Unified bank feeds and systems, then posted directly into NetSuite with zero data silos

700 hrs/month

saved while processing 4M+ transactions

Making the switch from FloQast to Maxima is easy

1

Connect directly to your source systems and GL

Maxima connects to your GL and the systems that feed the close, including banks, cards, HRIS, billing, spend tools, and files.

It pulls the underlying transactions with source-to-GL lineage so every tie-out is traceable without exports, CSV shuttles, or manual workarounds.

2

Configure your policies & controls without IT

In Maxima, materiality thresholds, reviewer and approver routing, and exception handling are simple configuration, not an implementation project.

Once set, every agent-prepared output follows your control framework consistently across journals, reconciliations, matching, and flux.

3

Start where your close is breaking

Go live by automating your highest-friction area first, whether that’s balance sheet reconciliations, detailed flux explanations, or high-volume transaction matching.

Then expand module by module without disrupting your GL, reporting stack, or approval hierarchy.

Frequently asked questions

How is Maxima different from FloQast?

Why do teams see higher ROI with Maxima than FloQast?

Does Maxima include close management and checklist features?

How does Maxima pricing compare to FloQast?

What kind of support do you offer?

AI native accounting automation
to transform your month end close

AI native accounting automation to transform your month end close

Request demo

Stay up to date on Maxima and AI accounting

The first agentic AI platform for enterprise accounting

© 2025 Indus AI Technologies, Inc. All rights reserved.

Stay up to date on Maxima and AI accounting

The first agentic AI platform for enterprise accounting

© 2025 Indus AI Technologies, Inc. All rights reserved.

Stay up to date on Maxima and AI accounting

The first agentic AI platform for enterprise accounting

© 2025 Indus AI Technologies, Inc. All rights reserved.

Stay up to date on Maxima and AI accounting

The first agentic AI platform for enterprise accounting

© 2025 Indus AI Technologies, Inc. All rights reserved.

Stay up to date on Maxima and AI accounting

The first agentic AI platform for enterprise accounting

© 2025 Indus AI Technologies, Inc. All rights reserved.