Case Study: Verint Systems achieves a 20% shorter month-end close with FloQast

Verint Shortens Month-End Close by 20% with FloQast

Verint, a publicly traded customer engagement solutions company with over 4,000 employees and nearly $1 billion in revenue, needed to speed up and standardize its month-end close while improving visibility and accountability. The finance team wanted to eliminate shared spreadsheets and local drives and gain real-time status tracking across domestic and international operations.

Verint implemented FloQast with Oracle integration to centralize close management, dashboards, integrated sign-offs and trial-balance tie-outs. The solution reduced days-to-close by 20%, provided a single global view for faster decision-making, streamlined onboarding of acquired entities, and freed accounting resources to focus on higher-value work.

Verint Systems

Rosemarie Flore

Vice President, Controller