EU Sovereignty Score
Non-EU vendorERP & FinanceHeadquarters: US

FloQast: sovereignty score and 8 European alternatives

FloQast is a US company that sells accounting workflow software to finance and accounting teams. Its Close Management product combines checklists, account reconciliations, operational tasks and projects in one platform, and the company also offers AI agents that automate workflows from start to finish. According to the vendor, the tools are built by accountants for accountants. The public website does not describe the deployment model in detail. Public reference sources place the company in California.

Public sources do not name a parent company, and FloQast is not open source. Because the vendor is established in the United States, US authorities can request data it controls under the CLOUD Act, wherever the servers are located. The vendor's public pages do not state where customer data is hosted, and no GDPR data processing agreement was found. A European organisation considering FloQast for personal data should therefore first ask the vendor for hosting locations, a sub-processor list and a data processing agreement.

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Sovereignty score
17 / 1000 = high exposure
100 = sovereign
  • Jurisdiction SOV-210
    Headquartered in the US: CLOUD Act and FISA 702
  • Data residency SOV-30
    No hosting in Europe (US)
  • Cryptographic key sovereignty SOV-320
    Key management with a non-European vendor
  • Freedom from lock-in SOV-640
    Closed source: switching requires data migration
  • Source & runtime sovereignty SOV-4 · SOV-615
    Closed source, runtime with the vendor

SOV codes: the matching objective in the European Commission's Cloud Sovereignty Framework. Official source

How the score is calculated

Facts and evidence

Last checked October 10, 2026
Headquarters
US (US)Verified by hand
EU adequacy decision
Only for companies individually certified under the EU-US Data Privacy FrameworkVerified by hand
Sovereignty model
Vendor-hosted (non-EU)Verified by hand
Data hosting
USVerified by hand
Open-source
NoVerified by hand
GDPR-compliant
NoVendor-stated
Category
ERP & Finance
Type
Product
Website
floqast.com ↗

How we verify · Something wrong? Suggest a correction

Top EU-based & GDPR-compliant alternatives to FloQast

The European alternatives to FloQast come from our knowledge base of over 6,800 vendors. We only list vendors headquartered in the EU or the EEA; fully European-owned vendors rank before vendors with a foreign owner. For each alternative you see the country, the open-source status and a short description.

Score per alternative: 0 = high exposure, 100 = sovereign

129 European ERP & Finance vendors are in the catalogue. View the whole category · Submit an alternative · View category on the map

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Why digital sovereignty matters with FloQast

FloQast is headquartered in the United States. US vendors fall under the CLOUD Act and FISA 702: US authorities can compel access to data, even when that data sits in a European data centre. That is the core of the jurisdictional exposure in our model.

FloQast hosts data outside the EU (US). Personal data therefore leaves the EU, which requires a transfer mechanism under the GDPR and pulls the data residency score down.

FloQast is closed source and hosted by the vendor. The encryption keys and the runtime sit with the vendor and switching requires data migration. Ask about bring-your-own-key, export options and open standards.

What this means for your organisation depends on your whole stack and context. The free assessment weighs FloQast together with your other vendors and gives a total score, a heatmap and the main risk drivers.

Frequently asked questions

What is the best European alternative to FloQast?

It depends on your use case. Strong EU alternatives to FloQast include 24SevenOffice, A3ERP and Abacus. On this page you can compare 8 EU alternatives by jurisdiction, data residency and open-source status.

Are there open-source alternatives to FloQast?

Our list of EU alternatives to FloQast is mostly commercial options. Browse the category on the map for open-source choices.

Is FloQast GDPR-compliant and where is the data hosted?

FloQast is headquartered in US and hosts data in US. Its GDPR compliance is limited or unclear. For full EU data residency the EU alternatives on this page usually offer more certainty.

Details and sources

Verified by handHeadquarters, owner, hosting locations and licence have been checked by us against public sources. Free of charge and for every vendor, not a paid label. Nothing in this knowledge base is taken over automatically. Last checked on October 10, 2026.

Sources

Public sources used in the latest check of this record.

Compliance evidence

The links below point to the vendor's own public documents. We only record what we found: a missing link means "not found publicly", not "not compliant".

No public compliance evidence has been recorded for this vendor yet. Do you know its DPA or subprocessor list? Something wrong? Suggest a correction

Digital sovereignty in ERP & Finance

ERP & Finance: Enterprise resource planning, accounting, financial software. In this category the choice of vendor determines who has legal access to your data, where that data lives and how easily you can switch later.

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8 European alternatives to FloQast — GDPR-compliant & EU-hosted · EU Sovereignty Score