Case Study: RELEX achieves a 7–10 day faster, more accurate month-end Close with FloQast

How Veracyte Achieves Audit-Ready Compliance with FloQast

RELEX, a Helsinki‑based supply chain and retail planning software company with about 1,800 employees and offices worldwide, was struggling with a manual, Excel‑based month‑end Close that lacked visibility and coordination. The Close had become a 25‑day, error‑prone process that created bottlenecks, slowed decisions, and complicated audits across its growing, remote finance team.

By implementing FloQast — with direct NetSuite integration, centralized document management, and digitized close workflows — RELEX automated reconciliations, improved worldwide collaboration, and captured key tasks and notes in one place. The result: accurate, automatic trial balances and reconciliations, smoother audits, stronger team morale and communication, and a 7–10 day reduction in days‑to‑Close.

Relex

Ilkka Koski

Controller