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IRAME vs FloQast
FloQast is an accounting platform for the close, close AI agents and risk and compliance, with SOX tools beside its close tools. IRAME is built for controls testing. IRA, IRAME's AI auditor, tests each control on every transaction and routes each exception to an owner.
A check means the capability is offered or stated. A minus means it is not offered, or not stated on the pages we checked.
| Capability | IRAME | FloQast |
|---|---|---|
| Scope | Yes. Internal audit, SOX and ICOFR testing, continuous controls monitoring and an agentic CFO suite | Yes. Close management, close AI agents, and risk and compliance, including financial controls, audit readiness and operational audits |
| SOX programme | Yes. SOX 302 and 404 and ICOFR key-control testing | Yes. SOX scoping, controls and testing, with a view that links accounts to risks and controls |
| How tests run | Yes. IRA tests each control on the transaction data | Yes. Test sheets are brought into FloQast, and AI takes a first pass on attribute testing |
| Full-population testing | Yes. Each control is tested on every transaction | No, or not stated. Detect applies your rules to every GL transaction and period. Full-population control testing is not described on the pages we checked. |
| Plain-language setup | Yes. Describe a control in plain English and IRA builds it | Yes. Describe a close process in plain language and it becomes an agent. An accountant signs off before it runs. |
| Exceptions routed to owners | Yes. Action Hub routes each exception and tracks it to closure | Yes. Detect routes flagged items to assignees. Control exceptions are remediated in the same platform. |
| Close and reconciliations | Yes. IRA for reconciliation is live. Record to report is in early access. | Yes. Close checklists, account reconciliations, journal entries, AI matching and variance analysis |
| Named data connections | Yes. SAP, Oracle, NetSuite, Excel, CSV, PDFs and scans, email archives (PST) | Yes. NetSuite, SAP, Workday, Microsoft, Sage Intacct and Xero, plus bank, spend, file storage and payroll apps |
| Deployment | Yes. IRAME's cloud, your own cloud tenancy or on-premise | No, or not stated. Not stated on the pages we checked |
Checked Nov 7, 2026. The FloQast column uses only what these public pages said on that date: floqast.com, Risk & Compliance, Financial Controls, AI Agents, Detect, Integrations, FloQast for CIOs. Spotted something out of date? Email sales@irame.ai and we will correct it.
Where FloQast is strong
- One platform for the close checklist, reconciliations, journal entries and variance analysis.
- Close agents built from a plain-language description, with an accountant's sign-off before they run.
- SOX scoping, controls and testing in the same platform the close runs on.
- A wide integration list across ERPs, banks, spend tools, file storage and payroll.
Which one fits your team
Choose FloQast if
- Your main goal is a faster, more organized month-end close.
- You want SOX documentation and testing in the same tool as the close.
- Your controls testing works from test sheets and attached evidence.
Choose IRAME if
- You want each control tested on every transaction from SAP, Oracle or NetSuite data.
- Internal audit and controllership need the same tested controls and the same exceptions list.
- You need it to run in your own cloud tenancy or on-premise.
Questions about IRAME and FloQast
Is FloQast a close tool or a SOX tool?
IRAME's review of FloQast's public pages found both. FloQast describes close management, close AI agents and a risk and compliance product. The compliance product covers SOX scoping, controls and testing, audit readiness and operational audits.
Does FloQast test every transaction?
IRAME tests each control on every transaction. FloQast's Detect page says it applies rules to every GL transaction and period and flags anomalies as they post. Its financial controls page describes AI taking a first pass on attribute testing. The pages we checked do not say whether control tests cover full populations.
Can IRAME and FloQast run together?
Yes. FloQast runs the checklist and reconciliations; IRA tests the controls on every transaction, routes exceptions to owners in Action Hub and keeps evidence an external auditor can re-perform.
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Learn moreNew to the terms? Read the audit and controls glossary.
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