Mike Whitmire shares how FloQast is helping accountants own the future with purpose-built AI while navigating talent gaps and global regulatory pressures
FLOQAST
Mike Whitmire shares how FloQast is helping accountants own the future with purpose-built AI while navigating talent gaps and global regulatory pressures
C hief Financial Officers( CFOs) are navigating a perfect storm: talent shortages, escalating expectations from CEOs and boards, and the friction of global operations. Against this backdrop of complexity, AI has emerged as the essential lever for teams to maintain velocity and accuracy.
Mike Whitmire, CPA( Inactive), FCA, Co-Founder and CEO of the accounting transformation platform FloQast, has seen this evolution from the front lines. With a career spanning audit and private industry accounting for software-as-a-service companies, Mike is intimately familiar with the industry’ s systemic bottlenecks.
These challenges were the catalyst for FloQast. The platform initially solved for the month-end close and reconciliations for technology-forward firms. Today, FloQast has scaled to more than 800 employees across multiple global hubs, evolving from a niche tool into a comprehensive accounting transformation platform.
FloQast’ s trajectory mirrors the ingenuity of its users. Controllers began leveraging the platform to manage every internal workflow, far beyond the close process. Mike describes this organic shift as customers“ hacking” the application to centralise their operations. floqast. com