Compare Advent Software and FloQast on pricing, features, platforms, and ratings — both Finance tools, custom vs Contact for pricing pricing to decide which…
At a Glance
Advent Software
FloQast
Primary category
Finance
Finance
Rating
Not documented
Not documented
Pricing model
custom
Contact for pricing
Starting price
Not documented
Not documented
Free plan
Not documented
Not documented
Free trial
Not documented
Not documented
Platforms
Not documented
Web
Team collaboration
Not documented
Not documented
AI features
Not documented
Yes
Public API
Not documented
Yes
Pricing Compared
Starting price reflects the lowest paid tier, not the full cost for every team size or usage level.
Deep, decades-long track record in investment management software, dating to 1983
Backed by SS&C Technologies' scale and resources following the 2015 acquisition
Broad functional coverage spanning accounting, trading, compliance, and reporting in one ecosystem
Serves a large, established base of more than 5,000 buy-side firms globally
Continuity of legacy products like Geneva under a larger, well-capitalized parent company
Cons
No longer an independent company, so buyers are evaluating SS&C's broader offering rather than a standalone Advent product
Pricing is entirely custom and not published, requiring a sales engagement to get a quote
Enterprise-grade investment management platforms typically involve significant implementation time and cost
Legacy product naming can be confusing since offerings are now organized by SS&C's functional categories rather than original Advent product names
FloQast
Pros
Built specifically around accounting close workflows rather than being a generic project-management tool repurposed for accounting
AI features keep a human-approval step, which can ease adoption concerns for finance teams
Established customer base with well-known enterprise clients across multiple industries
Well-funded company with over a decade of operating history
Cons
Pricing isn't published, requiring a sales demo before knowing the cost
Positioned toward mid-market and enterprise teams, likely a heavier tool than very small businesses need
Value depends on an organization already having a defined, multi-person close process to automate
Use Cases
Advent Software
Portfolio accounting for asset managers — Investment management firms use SS&C Advent (formerly Advent Software) tools for day-to-day portfolio accounting and reporting.
Hedge fund trading and compliance — Hedge funds use Advent-derived platforms like Geneva for trading, rebalancing, and compliance monitoring at scale.
Wealth management client reporting — Wealth managers use investor servicing and client portal tools to report performance and holdings to their own clients.
FloQast
Month-End Close Coordination — An accounting team tracks and coordinates every task in the close checklist across multiple team members.
Automated Account Reconciliation — A finance team automates transaction matching across bank and ledger accounts instead of manual spreadsheet reconciliation.
Multi-Entity Global Close — A multinational company coordinates close processes across subsidiaries in different countries from one platform.
Audit & Compliance Evidence Collection — An internal audit or compliance team gathers and organizes documentation needed for SOX or external audits.