Case Study: Zoom achieves faster month-end closes and SOX compliance with FloQast

Zoom Thrives Using Floqast Following Its Successful Ipo And Explosive Growth

Zoom, the Bay Area video communications company that surged from IPO success to household-name status during the pandemic, needed to overhaul its month-end close after rapid growth. The accounting team faced ad-hoc processes tracked in spreadsheets, limited visibility for leadership, coordination challenges across domestic and international teams, and the need to implement SOX controls and produce timelier, more accurate numbers.

By implementing FloQast, Zoom added structure to its close, improved communication and transparency across global teams, and introduced internal controls to support SOX compliance and audit readiness. The company shortened its close from eight days to five, streamlined audit activities, enabled a seamless shift to remote work, and increased day-to-day efficiency across the accounting organization.

Zoom

Jeanne Du

Head of General Ledger