FloQast
103 Case Studies
A FloQast Case Study
Cision, a Chicago‑headquartered global provider of earned‑media software and services, needed stronger month‑end controls and faster, more transparent closes after its public listing and subsequent private equity ownership. As a highly acquisitive, multi‑entity business with monthly sponsor reporting deadlines to Platinum Equity, the finance team required consistent reconciliations, consolidated workflows and clear visibility across teams.
Cision implemented FloQast—integrated with NetSuite, Excel and Microsoft Teams—for quick 3–5 week rollouts and minimal client time, standardizing close workflows across five acquisitions and adding preventative and detective controls. The outcome: time‑to‑close dropped from 8–10 business days to 5–7 days (roughly a 30–37% reduction), stronger confidence in sponsor reporting, easier onboarding and a repeatable, auditable close process.
Victoria Weng
Assistant Corporate Controller