GNW-Adhoc: BDO strengthens finance transformation with FloQast

^HAMBURG, Germany, June 29, 2023 (GLOBE NEWSWIRE) — The increased

Complexity in accounting, increasing demands on a fast

Close-closing as well as transparency about key financial figures make system-supported

solutions are already an indispensable part of

financial reporting. BDO supports both the selection and

Implementation of software solutions in the financial sector as well as

In-house developments on the customer side. In addition, BDO has a wide

Portfolio of own tools.

?Software solutions for data management and ensuring compliance

Requirements in the financial sector are urgently needed on the market. ask that

we find again and again in our daily work. We are therefore very pleased

through cooperations our already very successful consulting in the field of

digital transformation of financial processes,” says

Melanie Schunk, partner and head of the Accounting & Reporting department

Advisory Group at BDO.

Ralf Widdig, partner and head of the IT & Performance Advisory department

BDO, adds:?Our cross-departmental team has on the one hand

outstanding expertise in the field of accounting and is the basis

underlying financial processes and also has many years of experience

in the area of ​​system integration and data management. With that we are for

the support of our customers in the finance transformation is outstanding

set up”.

?We are very happy to have gained BDO as an implementation partner in the DACH region

have. BDO has an excellent reputation and many years of experience in the

Transformation Consulting. We are sure that this will lead to the development of modern

to be able to further advance accounting frameworks in the DACH region,” says Adam

Zoucha, Managing Director FloQast.

About BDO AG Wirtschaftsprüfungsgesellschaft

With over 2,500 employees at 27 offices, BDO is one of the

leading companies for auditing and audit-related

Services, tax advice and commercial law advice as well

Advisory in Germany. In the 2022 reporting year, the German BDO Group achieved

a turnover of 347 million euros – an increase of a good 14 percent. In the

Audit include well-known companies among the customers, including the Dax group

SAP, the family company Haniel, the food company Theo Müller and the

Citigroup Global Markets Europe AG. The German BDO AG

Wirtschaftsprüfungsgesellschaft is a founding member of the international BDO

network (1963), which has over 111,000 employees in 164 countries

and generated revenue of $12.8 billion in fiscal year 2022.

About FloQast

By accountants for accountants: FloQast was created in 2013 by former

Founded by certified public accountants and now supports more than 2,200

companies to automate their financial workflows. The cloud-based

Platform can be integrated into existing processes related to monthly closing and compliance

to get integrated. Clients include Emma Sleep, Get Your

Guide, On Running, Zoom and Gorillas.

Contact:

John Seal

Corporate Communications Manager, FloQast

[email protected]

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