20%
“Days to close have already been reduced by 20%”
As published on floqast.com. Captured by usedby on Oct 8, 2026.
What happened
Verint uses FloQast, integrated with Oracle NetSuite, to manage its month-end financial close. It replaced shared spreadsheets and manual checklists with centralized documentation, real-time status dashboards and checklists, and standardized close controls across its global offices.
Summary written by usedby from the source page, in English. The figures are those of FloQast and Verint, not ours.
As for sheer time savings on closing days, the numbers are clear in that area. Days to close have already been reduced by 20% and will likely be reduced even further.
What once was a longer close cycle will now be reduced by 20%. We will achieve a close cycle that is better than the industry average.
What the story claims, and what we checked
We compared the story with its live page on Oct 8, 2026.
- The figure: 20%CheckedPrinted word for word on the page, near the name of Verint.
- The passage quoted aboveCheckedCopied word for word from the page, near the name of Verint.
- Verint uses FloQastCheckedConfirmed line. Latest check across sources: Oct 8, 2026.
- The result itselfNot checkedWe quote it; we did not measure it.




