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What is Maxima?

Maxima is a cutting-edge AI-powered platform that aims to transform accounting and financial close automation by tackling the most repetitive and error-prone tasks involved in the record-to-report process, including the creation of journal entries, reconciliations, transaction matching, variance analysis, and the overall closing operations, all while maintaining necessary human oversight and complying with regulations such as SOX. The platform's intelligent AI agents extract data from multiple systems, constructing a comprehensive financial framework through an Enterprise Finance Graph, which facilitates the generation of logic-driven journal entries on a large scale and guarantees real-time validation of the general ledger's accuracy, alongside providing extensive evidence and audit trails, enabling accounting teams to dedicate more time to review processes instead of manual task preparation. Maxima's seamless integration with existing ERP systems allows for the automatic posting of entries and the consolidation of various tasks, reconciliations, and reporting into a single platform, which significantly accelerates the closing process—reducing the required time by several days—and eliminates monotonous tasks, achieving a level of automation that greatly enhances efficiency in financial operations. This revolutionary method not only allows financial teams to operate more intelligently but also frees up their time for more strategic endeavors, ultimately leading to improved decision-making within organizations. With Maxima, companies can expect a remarkable shift in how they handle their financial processes, paving the way for innovation and better resource allocation.

What is FloQast?

FloQast offers a revolutionary accounting platform that leverages artificial intelligence to automate and optimize the financial closing process. By seamlessly integrating with current tools, it significantly improves the efficiency of tasks such as account reconciliation, financial reporting, and audit procedures. The AI-driven agents assist accounting professionals in matching transactions and pinpointing inefficiencies, which empowers accountants to shift their focus from routine data preparation to higher-level strategic management. Furthermore, FloQast includes features for real-time collaboration and progress tracking, enabling accounting teams to provide quicker and more precise outcomes while minimizing operational challenges. This innovative approach ultimately transforms the way accounting teams function, paving the way for a more streamlined financial workflow.

Media

Media

Integrations Supported

Microsoft OneDrive
NetSuite
Oracle Fusion Cloud ERP
ADP DataCloud
Charles Schwab
Google Drive
Google Sheets
SAP Cloud Platform
Salesforce
Silicon Valley Bank (SVB)
Snowflake
Stripe

Integrations Supported

Microsoft OneDrive
NetSuite
Oracle Fusion Cloud ERP
Egnyte
Microsoft Dynamics 365
Microsoft Excel
Sage Intacct
Slack
Tray.ai
Workiva
Yardi Breeze

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Maxima

Date Founded

2024

Company Location

United States

Company Website

www.maxima.ai/

Company Facts

Organization Name

FloQast

Date Founded

2013

Company Location

United States

Company Website

floqast.com

Categories and Features

Agentic AI

Not specified

AI Accounting

Not specified

AI Accounting Agents

Not specified

AI Agents

Not specified

AI Finance

Not specified

Financial Close

Not specified

Reconciliation

Not specified

Categories and Features

Accounting

Bank Reconciliation
Multi-Currency
Nonprofits
Purchase Orders

AI Accounting

Not specified

AI Accounting Agents

Not specified

Business Performance Management

Ad Hoc Reports
Ad hoc Analysis
Dashboard
Key Performance Indicators
Strategic Planning

Financial Close

Not specified

Financial Reporting

Audit Trail
Balance Sheet
Consolidation / Roll-Up
General Ledger
Multi-Company
Multi-Department / Project

Medical Accounting

Not specified

Reconciliation

Not specified

Trucking Accounting

Not specified

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