---
title: "Empty Spaces vs FloQast (2026): Agents, Approval, and Cost"
description: "Empty Spaces vs FloQast, compared from each vendor's own pages: who prepares the work, what approvers sign, ERP posting, deployment, price, and demo tests."
url: https://emptyspaces.ai/compare/empty-spaces-vs-floqast
language: en
---

[Compare](https://emptyspaces.ai/compare) Comparison

# Empty Spaces vs FloQast: Who prepares the close, who approves it, and which to choose

Published November 10, 2026 22 min read

Reclass entry for one misposted $21,600 software invoice: prepaid expenses $19,800 and software subscriptions expense $1,800 debited, office supplies expense $21,600 credited, marked approved, on a deep teal patterned panel.

## Empty Spaces vs FloQast at a glance (November 8, 2026)

| What's compared | FloQast | Empty Spaces |
| -------------------------- | ------------------------------------------------------------------------------------------------------ | ----------------------------------------------------------------------------------- |
| What it is | Close management platform with AI agents: “AI Prepares. Your Team Reviews.” | AI agents for month-end close, reconciliation and FP&A |
| Who prepares the work | Your team, plus agents you build or adapt from prebuilt ones in Transform (Close AI package) | The Close Agent, task by task through the month, with a named reviewer on each task |
| What the approver approves | Journals sent through “Configurable approval workflows”; it can also “auto-certify reasonable entries” | The exact lines of each entry, and each approval covers one write |
| ERPs | Lists integrations with nine ERPs | Reads from and posts approved entries to six ERPs, and reads from Odoo |
| Where it runs | Customer-cloud and on-premises options not listed on FloQast's product or trust pages; ask FloQast | SaaS, your own cloud, a private cloud, or on-premises |
| Controls testing | Risk & Compliance package | No separate controls-testing product |
| Price | All packages Contact Sales, with “No Per-User Fees” | No public price |

[Book a working session](https://emptyspaces.ai/contact-us)

Key takeaways

- FloQast is close management software that sells AI agents and journal posting in its Close AI package. Our Close Agent works your whole checklist and posts only lines a named approver approves.
- Both say a person stays in charge of posting, but FloQast can also auto-certify entries, so compare the details: who prepares each task, what the approver signs, how closed months stay closed, which ERPs each posts to, and where the software runs.
- Neither vendor publishes prices: Vendr's buyer data puts FloQast's median at $24,663 a year across 316 purchases (November 8, 2026), and you can run our Close Agent read-only beside FloQast before you change anything.

Empty Spaces vs FloQast comes down to where the work starts. FloQast is a close management platform that has added AI agents, AI matching, and journal posting. Our Close Agent prepares the close itself and hands each entry to a named approver. Knowing the difference helps you pick the tool that removes the hours your team actually spends. This guide covers what each product does today, how approval and posting work, a worked example, ERP and deployment coverage, price, a demo scorecard, and how to choose.

We make one of the two products compared on this page. We hold ourselves to the same test we ask you to run on FloQast, and every FloQast fact below comes from FloQast's own pages, read on November 8, 2026. Our agents do the finance work itself (reconciliations, exceptions, entries, variance analysis, reports) and hand it to your team to approve, on top of your existing ERP.

## Empty Spaces vs FloQast: What's the difference?

FloQast is close management software with an AI layer: checklists, reconciliations, and sign-offs in one platform, plus AI agents, matching, and journal posting in its Close AI package. Our Close Agent works the close checklist itself, reconciles every line, prepares entries and workpapers, and posts to your ERP only after a named approver approves the exact lines.

- **Close management software** Tracks the close checklist, owners, due dates, reconciliations, and sign-offs, so you can see who did what and when
- **Close automation** Software that runs defined parts of the work, such as matching, amortization, or recurring entries, by rule or with AI
- **Close agent** AI that prepares the work across the checklist, such as reconciliations, exceptions, and entries, and hands each item to a named person to review

The rest of this guide takes each row of the table at the top in turn, with FloQast's own wording and the date it was read. If you're new to the topic, start with [What is month-end close?](https://emptyspaces.ai/resources/blog/month-end-close)

## Is FloQast just a checklist, or does it use AI agents in 2026?

FloQast is more than a checklist: its pricing page lists AI agents, AI matching, automated reconciliations, and journal entry posting in its Close AI package. Its Transform builder turns a finished close into a governed agent, and FloQast says an accountant signs off before it runs.

FloQast packages, as listed on its pricing page (November 8, 2026)

| Package | How FloQast describes it | What it includes | Price |
| ------------------------- | ------------------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------- |
| Close Management | “Close the books with every task and reconciliation in one place.” | “Close checklist, account reconciliations, accounting operations, projects, AI assistant, ERP integration” | Contact Sales |
| Close AI (“Most Popular”) | “Automate the close with AI and stay audit-ready.” | Close Management, “plus: AI agents, AI matching, automated reconciliations, and journal entry posting,” including “Post journal entries automatically.” | Contact Sales |
| Risk & Compliance | “Design, test, and remediate every control in one place.” | “Controls, audit readiness, ERM, operational audits and testing,” sold on its own or with any Close package | Contact Sales |

The split matters in a demo. Agents and automatic posting sit in Close AI, not in the base Close Management package, so ask which package each feature you see belongs to.

- **Transform AI agents** FloQast says, “Hand Transform a finished close, or describe the inputs and outputs you need, and it rebuilds the process into a governed agent.” It adds that “Every agent is tested on your own data, every flag shows its reasoning, and an accountant signs off before it runs.”
- **AI Assistant** Included in Close Management, it can review a journal before you submit it. It checks “for duplicate postings, missing reversal dates, empty subledger lines, and account and dimension pairs your team has never used, then scores audit risk and explains what it found,” and you approve the fixes you want it to make.
- **Detect** Part of Close AI, it uses AI to “Catch anomalous transactions as they hit the GL,” routes each flag for review, and keeps “every flag, review, and sign-off in a centralized activity log.”
- **AI governance** FloQast's trust center calls it “a pioneer and early adopter of ISO 42001, the global AI management standard.” Its September 16, 2026, press release said it “will soon operationalize COSO's GenAI governance framework” through a COSO GenAI Module.

FloQast's own customers describe the shift in roles. On its AI Assistant page, FloQast quotes HubSpot's Director of Accounting: “AI serves as the new preparer. Our staff and seniors have transitioned into first-level reviewers.”

FloQast isn't an ERP. It's close management and accounting workflow software that sits on top of your ERP, and it calls its approach “an ERP-agnostic solution with flexible integration options.” Your ERP, such as NetSuite or SAP, stays the system of record. Our Close Agent also works on top of your ERP and doesn't replace it.

## Which one prepares and posts journal entries, and who approves them?

Both can post approved entries to your ERP: FloQast's Journal Entry Management creates, validates, routes, and posts journals, while our Close Agent prepares each balanced entry with its workpaper. A named approver approves the exact lines, each approval covers one write, and the requester can never approve it.

FloQast says Journal Entry Management lets you “Automatically create and post journals to your ERP, flag potential issues before they hit the ledger, and enforce proper reviews and approvals,” all on one platform. The controls look alike at first, so compare them row by row.

Journal entry controls, in each vendor's words (November 8, 2026)

| Control | FloQast (Journal Entry Management and AI agents pages) | Empty Spaces (Close Agent) |
| -------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------- |
| Who prepares the entry | Your team or an agent: “Automatically create journals from various data sources, including supporting items and bank files,” and Transform skills that “create a journal entry” | The Close Agent prepares the balanced entry and its workpaper from the task it's working on |
| What the approver approves | The journal, routed by “Configurable approval workflows and robust routing capabilities” | The exact lines: “If the payload changes, the approval no longer applies.” |
| Self-approval | “ensure preparers can't review their own work” | The person who requested the entry can never approve it |
| Auto-certified entries | It can “auto-certify reasonable entries”; whether that replaces per-entry approval isn't clear from FloQast's pages, so ask FloQast | None: every entry waits for a named approver, and amount-based tiers decide who |
| Approval reuse | Not listed on FloQast's product or trust pages as of November 8, 2026; ask FloQast | “Each approval covers one write,” so an approved entry posts once |
| After approval | “lock approved entries to secure financial integrity” | The entry posts once; rejected entries go back to the agent |
| Evidence | “Attach mandatory documentation to every journal entry” | Each entry keeps its workpaper, who prepared it, who approved it, why, and its full change history |
| Audit log | “Automatic logs of changes, approvals, and updates ensure every journal is fully traceable.” | An append-only log of every person's changes and every agent step |
| Closed periods | How sign-off connects to the ERP period lock isn't listed on FloQast's product or trust pages as of November 8, 2026; ask FloQast | Closed months block ERP writes, and the month can't lock until every task is signed off |

Two rows carry most of the difference. FloQast can “auto-certify reasonable entries,” which can save review time on low-risk recurring journals. FloQast's homepage says “Nothing hits your books without human approval” and describes its agents as “fully auditable, human-approved every step,” but FloQast's pages don't say how the two fit together, so ask FloQast whether an auto-certified entry still gets approved one by one, who sets the rules, and what an approver sees. In our Close Agent, every entry waits for a named approver, and each approval is tied to the exact lines and used once.

Other agent tools, such as Ledge and Maxima, also prepare entries and post them after approval. For how they compare with FloQast, see [FloQast alternatives](https://emptyspaces.ai/resources/blog/floqast-alternatives). For the entries most teams post each month, see [month-end journal entries](https://emptyspaces.ai/resources/blog/month-end-journal-entries).

## Which close tool actually does the work instead of tracking it?

Ask what your reviewer receives: close management tools track who prepared and signed off each task, while agent tools hand the reviewer finished work. FloQast now does both, with agents in Close AI. We start from the work, and our Close Agent runs every task whose inputs are ready.

| Kind of tool | Close management | Close automation | Close agent |
| ----------------------- | --------------------------------------------------------------- | --------------------------------------------------------------------- | -------------------------------------------------- |
| What your team does | Prepares the work, then signs off | Sets up the rules, handles exceptions, and prepares the rest | Reviews, approves, and answers what the agent asks |
| Where FloQast fits | Close Management package | Close AI: AI matching, automated reconciliations, and posting | Transform agents, built per workflow |
| Where Empty Spaces fits | A checklist with owners, reviewers, dependencies, and deadlines | Matching, prepaid schedules, and reversing entries inside close tasks | The Close Agent across the whole checklist |

A quick test shows which kind of tool you have. Open a reconciliation on day 2 of the close. In a tracking tool, it's assigned and waiting for someone to prepare it. In a tool that does the work, it's already prepared, with each difference listed by amount, date, source, and reference, and it's waiting for a reviewer. For how AI changes each step of the close, see [AI in month-end close](https://emptyspaces.ai/resources/blog/ai-month-end-close).

## FloQast Transform agents vs one agent that works the whole close

FloQast Transform builds an agent per workflow, from a finished close or a description, inside FloQast's close platform. Our Close Agent works the whole checklist through the month: Run all starts every task whose inputs are ready, it stops and asks when data is missing, and the month can't lock until every task is signed off.

| What's compared | FloQast Transform | Empty Spaces (Close Agent) |
| -------------------- | --------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------ |
| Unit of work | One agent per workflow, such as an accrual or a reconciliation | The whole close checklist |
| How it starts | “Hand Transform a finished close, or describe the inputs and outputs you need” | Your checklist, loaded with owners, reviewers, dependencies, and deadlines |
| Before it runs | “an accountant signs off before it runs,” and each workflow is “verified against your own close” | Each task has a named reviewer, separate from the preparer |
| Each period | “build one from a close you've already done, run it with a click each period, and keep control of every result” | Runs on schedules you set; Run all starts every task whose inputs are ready, in order |
| When data is missing | Not listed on FloQast's product or trust pages as of November 8, 2026; ask FloQast | Stops and asks, for example: “Needs input: provide the Brex June statement as a PDF or CSV” |
| Starting point | “Start from a prebuilt agent for the work every close has” | Close tasks for cash and bank, receivables, payables, payroll, accruals, prepaids, revenue, fixed assets, inventory, intercompany, and manual journals |

Workflow agents suit a team with a few heavy, stable processes it wants to automate one at a time, and someone with time to build and maintain each agent. FloQast supports that with a free AI Agent Builder Badge training program. A whole-close agent suits a team that wants the full checklist prepared every month without building each workflow first. For agents across finance work beyond the close, see [Best AI agents for finance teams](https://emptyspaces.ai/resources/blog/best-ai-agents-for-finance-teams).

## How does each tool handle a misposted invoice? A worked example

Both tools can find, fix, approve, and post the reclass of a misposted invoice. The differences are who prepares the fix, what the approver approves, and what happens once the month is locked.

Example

On October 1, 2026, your AP team posts a $21,600 invoice for 12 months of software, October 2026 through September 2027, to office supplies expense. Office supplies usually runs about $2,500 a month, so October shows $24,100. The software belongs in prepaid expenses and should reach expense at $21,600 ÷ 12 = $1,800 a month, starting in October. Your approval policy uses $10,000 as a review trigger: entries above it go to the controller. All figures are illustrative.

| Account | Debit | Credit |
| ----------------------------------- | ------ | ------ |
| Reclass entry, October 31, 2026 ($) | | |
| Prepaid expenses | 19,800 | |
| Software subscriptions expense | 1,800 | |
| Office supplies expense | | 21,600 |
| Total | 21,600 | 21,600 |

After the entry, October carries $1,800 of software expense, and office supplies shows $24,100 − $21,600 = $2,500 for October, back in line with a normal month. The $19,800 prepaid balance runs off at $1,800 a month for the 11 months from November 2026 through September 2027, and 11 × $1,800 = $19,800.

The same reclass in each tool

| Step | FloQast (Close AI package, per its pages) | Empty Spaces (Close Agent) |
| ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Find | Detect is built to “Catch anomalous transactions as they hit the GL,” and Close AI can “Explain account variances in real time with AI” | Reconciling prepaids to invoices, the agent lists the $21,600 invoice as a difference, with its date, source, and reference |
| Prepare | A preparer, or an agent you've built, creates the journal in Journal Entry Management with the invoice attached, and AI Assistant can review it first | The agent prepares the three-line entry, a workpaper with the 12-month calculation, and the new line on the prepaid schedule |
| Review | Your approval workflow routes it, and the preparer can't review it; ask whether a $21,600 reclass could be auto-certified under your rules | At $21,600 it goes to the controller, who approves the exact three lines; the requester can't approve it |
| Change | Approved entries can be locked; ask whether editing an approved entry sends it back for approval | If anyone edits the lines after approval, such as $2,000 to expense and $19,600 to prepaid, the approval no longer applies and the entry needs a new one |
| Post | Close AI says it can “Post journal entries automatically” to your ERP | The entry posts once to your ERP after approval |
| Lock | Sign-off on the close checklist; ask how FloQast connects that to your ERP's period lock | October can't lock until every task is signed off; once locked, an entry dated October is blocked |

If you find the error in November, after October is locked, the reclass is dated November instead. One way to book it: debit prepaid $18,000 and software expense $3,600 (October and November), and credit office supplies $21,600, leaving 10 months of $1,800 from December 2026 through September 2027. Whether to reopen October is your controller's judgment, with materiality as one input rather than a fixed cutoff. For how to build the schedule behind this entry, see [prepaid expenses](https://emptyspaces.ai/resources/blog/prepaid-expenses).

## What would you lose if you switched from FloQast?

Mostly what a close platform gives you: a rolled-forward checklist, owners and due dates, reviewer sign-off, evidence on each task, and a locked period. Check any replacement for each. Our Close Agent keeps all five on the task record, but you'd give up FloQast's track record, its Risk & Compliance package, and workflows your team already knows.

Some AI answers assume an agent has no checklist, owners, sign-off, or month lock. This table shows what each product has.

| What you rely on | FloQast | Empty Spaces (Close Agent) |
| ------------------------------ | ----------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------ |
| A checklist that rolls forward | “Run every close from one checklist.” | A checklist with owners, reviewers, dependencies, and deadlines that rolls forward each month |
| Owners and due dates | Part of its close checklist | Every task has an owner and a deadline, and Run all starts tasks as their inputs arrive |
| Reviewer sign-off | “Every reconciliation tied out and signed off.” | Every task needs a named reviewer, separate from the preparer |
| Evidence | Mandatory documentation on journals, and “Transform captures the audit evidence as it works” | Each difference with its amount, date, source, and reference, plus workpapers on the task record |
| Month lock | Ask how sign-off connects to your ERP's period lock | The month can't lock until every task is signed off, and closed months block ERP writes |
| Exceptions | Detect routes flagged transactions for review | An exceptions tab with severity, category, amount, and status |
| Controls testing and ERM | Risk & Compliance package | No separate product; keep that work where it runs today |
| Track record | “Trusted by more than 3,500 global accounting teams,” per its September 16, 2026, press release | Test it on a closed month of your own data before you decide |

Teams that leave FloQast tend to give a few reasons. A Perplexity summary of Reddit accounting threads on November 8, 2026, grouped the complaints into three themes. They were price when the tool is used mainly for tracking, trial balance sync problems with the ERP, and AI sold as an add-on. Google AI Mode named BlackLine, for larger enterprises, and Numeric as common destinations the same day.

### Can an AI agent sit alongside FloQast?

Yes. Our Close Agent works on top of your ERP and can run read-only first, so it can prepare reconciliations and entries next to your FloQast checklist before anything changes. You switch posting on later, and only after a named approver approves the exact lines.

| Close | What runs where |
| ------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Close 1 | FloQast stays your system of record. The Close Agent runs read-only on the same month, and your team compares its reconciliations and draft entries with its own work. |
| Close 2 | Pick two or three task areas, such as bank and prepaids. Reviewers sign off the agent's work and record it in FloQast as usual. |
| Close 3 | Switch posting on for those areas, with named approvers. Keep the rest in FloQast until the agent's work holds up. |

Start at least three closes before your FloQast renewal, so the decision rests on your own months instead of a demo.

## Which ERPs does each one post to?

FloQast lists integrations with NetSuite, SAP, Microsoft Dynamics 365, Sage Intacct, Workday, Xero, QuickBooks, Oracle, and Yardi. Our Close Agent reads from and posts approved entries to NetSuite, Oracle, SAP S/4HANA, Microsoft Dynamics 365, Business Central, and QuickBooks, and reads from Odoo.

FloQast's ERP page is an integration list, not a posting list, so confirm the entry types you need on your ERP in a demo.

ERP coverage, from FloQast's ERP integrations page and our own (November 8, 2026)

| ERP | FloQast lists an integration | Empty Spaces (Close Agent) |
| ---------------------- | ---------------------------------------------------------------------- | -------------------------------- |
| NetSuite | Yes (Oracle NetSuite) | Reads and posts approved entries |
| Oracle | Yes | Reads and posts approved entries |
| SAP S/4HANA | Yes (listed as SAP) | Reads and posts approved entries |
| Microsoft Dynamics 365 | Yes | Reads and posts approved entries |
| Business Central | Not listed by name; ask whether its Dynamics 365 integration covers it | Reads and posts approved entries |
| QuickBooks | Yes | Reads and posts approved entries |
| Sage Intacct | Yes | Not on our list |
| Xero | Yes | Not on our list |
| Workday | Yes | Not on our list |
| Yardi | Yes | Not on our list |
| Odoo | Not listed | Reads only |

If you run Sage Intacct, Xero, Workday, or Yardi, FloQast covers your ERP and we don't. Beyond the ERP, FloQast lists tools such as Brex, Coupa, Ramp, and Stripe. Our Close Agent connects to sources such as Plaid, Ramp, Brex, BILL, Salesforce, and Snowflake.

## Can it run in your own cloud, with your own model keys?

Our agents can run in your own cloud, a private cloud, or on-premises, with your own model keys. FloQast's trust center lists SOC reports and ISO 42001, but no customer-cloud, on-premises, or own-key option is listed on its product or trust pages as of November 8, 2026, so ask FloQast.

| What's compared | FloQast | Empty Spaces |
| --------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------- |
| Deployment | Customer-cloud, private-cloud, and on-premises options not listed on FloQast's product or trust pages; ask FloQast | SaaS, your own cloud (BYOC), a private cloud, or on-premises |
| Tenancy | Not listed on FloQast's product or trust pages; ask FloQast | Single-tenant |
| Model choice and keys | Not listed on FloQast's product or trust pages; ask FloQast | You choose the model, can bring your own model keys, and set AI spend caps per group |
| Audit reports | Customers get audit reports in the app, and prospects request them from their account executive; a public SOC 3 report, bridge letters, and annual third-party penetration tests | SOC 2 Type I and Type II |
| AI governance | ISO 42001, and an “Accountant-in-the-Loop” principle | Every agent step is logged, including queries run against the ERP; credentials are encrypted and never shown to models |
| Sign-in and roles | Not listed on FloQast's product or trust pages; ask FloQast | SSO with SAML or OIDC, and custom roles |

If your auditors will rely on FloQast's controls, ask which SOC report type, SOC 1 or SOC 2, covers the period you need. If your security team requires finance data and model calls to stay in an environment you control, check this table first. It can rule a tool in or out before any demo.

## How much does FloQast cost, and what do we charge?

FloQast doesn't publish prices: its three packages are Contact Sales, with “No Per-User Fees.” Vendr's buyer data shows a median of $24,663 a year across 316 purchases, with a range of $10,199 to $68,404 (November 8, 2026). We have no public price either.

| What's compared | FloQast | Empty Spaces |
| --------------- | --------------------------------------------------------------------------------------------- | -------------------------------------------------------------------- |
| Public price | None; Close Management, Close AI, and Risk & Compliance are all Contact Sales | None |
| Pricing basis | “No Per-User Fees. Pricing Built Around Value, Not Headcount.” | Not published |
| Buyer data | Vendr: $24,663 median a year, 316 purchases, range $10,199 to $68,404 (read November 8, 2026) | None published |
| What to ask | Which package includes the agents and posting you saw, and what implementation costs | What the quote covers for your entities, ERPs, and deployment choice |

Ask both vendors to quote the same entities, accounts, ERPs, and modules. Several AI answers tested on November 8, 2026, quoted FloQast price tiers estimated by its competitors, so anchor on Vendr's buyer data and your own quote instead.

FloQast is worth it when its checklist and sign-offs fix a disorganized close, or when you'll use Close AI's agents and posting. A small team, such as a 60-person company on QuickBooks Online with two people in finance, should weigh the price against hours saved. A written [month-end close checklist](https://emptyspaces.ai/resources/blog/month-end-close-checklist) and QuickBooks' closing date may cover the basics first.

## Should you keep FloQast or move off it when you change ERP?

You don't have to move off FloQast when you change ERP: FloQast positions itself as a steady layer during migrations, so re-evaluate only when the new ERP changes what you need prepared or posted. Confirm which entry types each tool posts to the new ERP, run one month in parallel, and start any agent read-only until the new ledger is stable.

FloQast's December 18, 2025, blog post on switching ERPs says FloQast “can stabilize your close process during the transition and ensure business continuity even if timelines shift.” That's a fair point in its favor: your close tool can be the one thing that doesn't change during a cutover.

| Your situation | What to do |
| ------------------------------------------------------------------ | ------------------------------------------------------------------------------------------- |
| Moving between ERPs FloQast lists, such as NetSuite to SAP S/4HANA | Keep FloQast through the cutover, and confirm journal posting to the new ERP before go-live |
| Moving to an ERP FloQast doesn't list, such as Odoo | Plan the close tool change as part of the ERP project |
| Rebuilding the checklist for the new ERP anyway | Test an agent read-only on the new ERP's first closes |
| The new ERP has its own close features | Compare what they cover before you renew |

Change one system at a time where you can. If the ERP cutover and a close tool change land in the same quarter, keep the tool your team knows through the first close on the new ledger. For a NetSuite to SAP S/4HANA move, our Close Agent posts approved entries to both, so it can run read-only on NetSuite now and on SAP S/4HANA after cutover.

## How do you test FloQast against an AI agent in a demo?

Give both tools the same closed month and the same nine tests, from a bank reconciliation with every unmatched line explained to a blocked post to a closed period. The tests also cover an accrual with support, a named approver who isn't the preparer, posting of only the approved lines, and the full evidence trail.

Ask each vendor to run the tests on a copy of your own data, not demo data, and fill in the last two columns yourself.

Demo scorecard: FloQast vs Empty Spaces

| # | Test | What you do | What passes | FloQast | Empty Spaces |
| - | --------------------- | ------------------------------------------------------------ | ------------------------------------------------------------------------------ | ------- | ------------ |
| 1 | Bank reconciliation | Load a closed month's bank statement and general ledger cash | Every unmatched line is explained with its amount, date, source, and reference | | |
| 2 | Accrual | Ask for one accrual from a contract or purchase order | The calculation and source documents travel with the entry | | |
| 3 | Misposted invoice | Plant the $21,600 invoice from the example above | The tool finds it and prepares the three-line reclass | | |
| 4 | Self-approval | Have the preparer try to approve their own entry | Blocked | | |
| 5 | Change after approval | Edit one line of an approved entry | The entry needs approval again | | |
| 6 | Posting | Approve an entry, post it, then retry the post | Only the approved lines post, once, and the ERP shows the journal ID | | |
| 7 | Closed period | Lock October, then try to post an entry dated October | Blocked | | |
| 8 | Missing data | Remove one statement before the run | The tool asks for it instead of guessing | | |
| 9 | Evidence | Export the trail for one entry | Preparer, approver, reason, documents, and change history | | |

Record pass or fail for each test, plus the hours your team spent. A tool that passes every control test but leaves your team preparing the work won't shorten your close. A tool that prepares everything but fails a control test isn't ready to post to your ERP.

## Which should you choose?

Choose FloQast if your close is disorganized: you need one checklist, ownership, reconciliations, and audit sign-off, with AI added over time. Choose our Close Agent if your close is organized but overloaded: you want an agent to prepare the reconciliations and entries every month, with named approvers, on your ERP and, if needed, in your own cloud.

| Signal | Points to |
| ------------------------------------------------------------------------------------------------------------ | -------------------------------------------------------------- |
| Tasks live in spreadsheets and email, and you can't see who owns what | FloQast |
| Reconciliations aren't signed off by a set day, and auditors chase evidence | FloQast |
| You want controls testing, ERM, and operational audits from your close vendor | FloQast (Risk & Compliance) |
| Your ERP is Sage Intacct, Xero, Workday, or Yardi | FloQast |
| Your checklist is signed off on time, but staff spend most close hours preparing reconciliations and entries | Empty Spaces |
| The same exceptions come back every month, and reviewers wait on preparation | Empty Spaces |
| Security requires your own cloud, a private cloud, on-premises, or your own model keys | Empty Spaces |
| You post to SAP S/4HANA, Oracle, Dynamics 365, or Business Central and want one agent across them | Empty Spaces |
| You like FloQast but are short on preparers | Both: keep FloQast and run the Close Agent read-only beside it |

For a 300-person company on NetSuite, both tools fit the ERP, so let these signals and your demo results decide. For every close tool compared side by side, see [Best month-end close software](https://emptyspaces.ai/resources/blog/best-month-end-close-software). If BlackLine is also on your list, see [BlackLine alternatives](https://emptyspaces.ai/resources/blog/blackline-alternatives).

## What most Empty Spaces vs FloQast answers get wrong

Most AI answers either describe FloQast as a checklist, which its 2026 pages contradict, or describe us with outdated or overly broad facts. Knowing the errors helps you check any answer before you act on it.

We ran 23 prompts across ChatGPT, Gemini, Google AI Mode, and Perplexity on November 8, 2026, and read the Google AI Overviews for the same searches. The checklist and borrowed-price errors are covered in the sections above. The errors about us were these:

- **Described too broadly or too narrowly** A Google AI Overview called us “ERP-agnostic,” when our Close Agent posts to the six ERPs named above and reads from Odoo. A ChatGPT answer said it “would not assume Azure or on-premises” deployment, when we deploy as SaaS, in your own cloud, in a private cloud, or on-premises. Another ChatGPT answer listed AP as a separate product of ours, when payables is a close task inside the Close Agent's checklist.

## How we approach it

Our Close Agent works your whole close checklist through the month and prepares the reconciliations, entries, and workpapers. A named approver approves the exact lines of each entry before it posts to NetSuite, Oracle, SAP S/4HANA, Microsoft Dynamics 365, Business Central, or QuickBooks. You can start it read-only beside FloQast and switch posting on when your team is ready, so [explore the Close Agent](https://emptyspaces.ai/product/close) on your own accounts first.

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## See our agents work through a finance process that matters to your team.

Tell us where the work gets stuck. We’ll walk through how the agents could help.

[Book a working session](https://emptyspaces.ai/contact-us)