Case Study: Newport Group achieves simple, fast month-end closes with FloQast

Newport Group Makes Close Management Simple and Fast with FloQast

Newport Group, a 25-person retirement, insurance and consulting firm with finance teams in three states, faced a fragmented month-end close after several acquisitions. Each location used its own spreadsheets and processes, leaving leadership unsure of close status and forcing lengthy reconciliation fixes and audits whenever NetSuite changes caused discrepancies.

They implemented FloQast for its easy, fast rollout and user-friendly interface, requiring minimal training. FloQast consolidated the close, linked with NetSuite, and provided automated refreshes and email alerts that delivered real-time visibility, reduced time spent resolving reconciliation issues, and improved audit readiness across locations.

Newport Group

Amy Vallandigham

VP of Finance