Case Study: Ascent Aviation Services achieves a 50% reduction in days-to-close and automated bank reconciliations with FloQast

Ascent Aviation Automates Bank Recs with FloQast

Ascent Aviation Services, a Marana, Arizona-based MRO provider with about 300 employees and an eight-person accounting team, was struggling with a month-end Close that stretched to 20 days due to fragmented spreadsheets, lack of task visibility, errors, and dozens of GL and bank accounts to reconcile.

By implementing FloQast—integrated with Trovata for bank feeds—Ascent automated reconciliations, adopted real-time checklists and notes, and used Teams for collaboration. The result: thousands of transactions reconciled in minutes, more accurate and auditable reconciliations, stronger team accountability, and a cut in days-to-close from ~20 to an average of 10 days (with quick-close months of 6–7 days).

Ascent Aviation

‍Alicia Wood

Accountant