Case Study: OnSolve achieves a 5‑day month‑end Close and improved CFO reporting visibility with FloQast

FloQast Offers OnSolve New Transparency for CFO and Improves Reporting Process for Private Equity Backer

OnSolve, a 400-employee critical event management provider backed by Veritas Capital, needed better visibility into its finance lifecycle and a faster month‑end close. The accounting team relied on spreadsheets and manual processes that left the CFO and private equity stakeholders without reliable, timely insight and stretched the close to 18 business days.

OnSolve implemented FloQast to automate reconciliations, provide close analytics and Flux analysis, and improve coordination across accounting and finance. The result: the Close fell from 18 to 5 business days (≈72% reduction), clearer forecasting and ETAs for the CFO, fewer post-close questions, improved accrual accuracy, and more bandwidth for strategic work — outcomes the team says have materially increased confidence in their financial reporting.

OnSolve

Mayra Rico

Assistant Controller