Case Study: AppFolio achieves a 5-Day Close with FloQast

AppFolio Achieves a 5-Day Close with FloQast Close Management

AppFolio, a growing software company, relied on a manual, Excel-heavy month-end close after its 2015 IPO and was stuck at a seven-day soft close with significant follow-up work. The finance team set a goal to shorten the close to five days to reduce post-close effort and free up capacity for higher-value work.

They implemented FloQast, which quickly integrated with their Excel workflows and Intacct, linked subledger detail to the trial balance, and centralized documentation. The solution was live in days, earned praise from their Big Four auditors, and delivered a consistent five-day close—giving the team full-time capacity each month for value-add projects.

AppFolio

Whitney Waples

Accounting Manager