AAA Washington Financial Close Improvement Case Study

This case study details the implementation of FloQast at AAA Washington, focusing on enhancing the month-end financial close process. The objective was to ensure accuracy and timeliness in financial reporting, particularly following an internal audit that identified areas for improvement. The implementation of FloQast was prompted by the need for better visibility and control over the financial close, which had previously been hindered by manual processes and disparate information sources. The case study outlines the benefits realized post-implementation, including standardized closing procedures that save time and improve documentation for audits. It also highlights the seamless integration of FloQast with Microsoft tools, which facilitated user adoption among long-tenured employees. The results indicate a significant increase in confidence regarding financial reporting, allowing leadership to access timely and accurate financial information, which is crucial for decision-making in a fluctuating economic environment.