FourQ Systems

FourQ Systems makes software that automates the financial close for accounting teams. Its products cover reconciliations, journal entries, financial statement review and credit management within ERP systems, including SAP.

What FourQ Systems offers

• Account reconciliation: matching and reconciling large transaction volumes, including bank, credit card, intercompany and invoice-to-purchase-order checks.
• Journal entries: creating, reviewing, approving and posting journals to the ERP under set rules.
• Close management: task lists, role-based workflows and real-time dashboards for month-end close and audit checklists.
• Financial statement analysis: consolidation-level analysis and automatic monitoring of balance fluctuations.
• Accounts receivable and credit: automatic application of customer payments and monitoring of customer risk signals.
• Smart Close for SAP: scheduling and monitoring close activities inside SAP.

Who it works with

Accounting and finance teams that run month-end close and reconciliations in ERP systems.

Key facts

• Platforms: SAP and other ERP systems
• Focus: financial close, reconciliations and credit risk