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PwC has recently embarked on a consulting partnered finance and accounting operations platform FloQast 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 wants to address 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 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.
Adam Zoucha, managing director, FloQast EMEA, 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.”
Lauren Cottier, partner enterprise business applications, PwC UK, said: “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.”
