Case Study: Aspect Holdings, LLC achieves a 20-day faster global close with FloQast

Aspect Energy Shaves 20 Days Off Global Close with FloQast

Aspect Energy, a Denver-based energy investment and exploration firm with operations across North America and Europe, faced a burdensome month-end close that could take 15–45 days. The finance team relied on SharePoint and incomplete task lists, which created poor visibility, slow reconciliations, and high stress for the 28-person accounting team.

To fix this, the company implemented FloQast (Close, Reconciliation Management, and ReMind) with support from internal leaders and CFGI, centralizing task accountability, automating reconciliations and information requests, and using FloQademy for training. The change cut global days-to-close by about 20 days—U.S. close now ~10 days and international close under 30—gave executives faster financial insights, freed up time for strategic work, and improved team productivity and morale.

Aspect Holdings, LLC

Ryan Page

Program Manager