FloQast builds an AI-powered accounting transformation solution with Anthropic’s Claude 3 on Amazon Bedrock

With the advent of generative AI solutions, a paradigm shift is underway across industries, driven by organizations embracing foundation models (FMs) to unlock unprecedented opportunities. Amazon Bedrock has emerged as the preferred choice for numerous customers seeking to innovate and launch generative AI applications, leading to an exponential surge in demand for model inference capabilities. Amazon Bedrock customers aim to scale their worldwide applications to accommodate a variety of use cases. One such customer is FloQast.

Since its founding in 2013, FloQast has had the privilege of working with over 2,800 organizations across various industries and regions, helping them streamline their accounting operations. From automated reconciliations to tools that manage the entire close process, FloQast has seen firsthand how organizations, big and small, struggle to keep pace with their accounting needs as they scale. FloQast’s software (created by accountants, for accountants) brings AI and automation innovation into everyday ...