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How Onfido uses FloQast

5 days

Working days to close, reduced from 8-10

As published on floqast.com. Captured by usedby on Oct 8, 2026.

What happened

Onfido's finance team uses FloQast to organize and track its month-end close and to centralise documentation and review comments. They also use FloQast Ops for day-to-day tasks beyond the close, such as vendor payments and cash collection, and ReMind for VAT and payroll processes.

Summary written by usedby from the source page, in English. The figures are those of FloQast and Onfido, not ours.

Their overall goal was to establish a better structure for the close process and reduce the working days required from 8-10 down to 5 days in order to allocate resources more effectively, freeing up staff to focus on value-added activities rather than administrative Close-related tasks.

From the page. floqast.com, captured Oct 8, 2026

I can’t understate how helpful it is to have everything organized in one system. I highly recommend FloQast.

Heerad Zahedi, Senior Finance Business Partner, Onfido. Source, captured Oct 8, 2026

What the story claims, and what we checked

We compared the story with its live page on Oct 8, 2026.

  • The figure: 5 daysCheckedThe figure is on the page; its label is our wording.
  • The passage quoted aboveCheckedCopied word for word from the page, near the name of Onfido.
  • Onfido uses FloQastCheckedConfirmed line. Latest check across sources: Oct 8, 2026.
  • The result itselfNot checkedWe quote it; we did not measure it.

Same company, same tool or same industry.

50 percent“Ascent has cut its days-to-close by 50 percent”Ascent Aviation Services uses FloQast. Another customer of FloQast10 days“Our U.S. monthly Close is now down to 10 days, from a high of 12 or 15”Aspect Energy uses FloQast. Another customer of FloQasteight-day close“achieving a eight-day close without needing additional headcount”BazaarVoice uses FloQast. Another customer of FloQast