Does FastQlik support ASC 606 and IFRS 15 revenue recognition?

Yes. FastQlik automates revenue recognition compliant with ASC 606 and IFRS 15, with a complete audit trail. Revenue is recognized automatically as project milestones are met and time is logged.

How much faster is month-end close with FastQlik?

Firms using FastQlik typically reduce month-end close from 2-3 weeks to under one week — a 50% reduction — because financial data originates in the same platform as project data, eliminating reconciliation.

Does FastQlik integrate with our existing accounting software?

FastQlik integrates natively with QuickBooks for general accounting. Your GL stays in QuickBooks while FastQlik handles project financials, billing, and revenue recognition with automatic data sync.

What audit trail does FastQlik provide?

FastQlik provides period locking that creates an immutable audit trail. Historical data cannot be retroactively altered, and every financial entry has traceable lineage from the originating time entry or project event.

For CFOs & Finance Directors

Close the Books in Days. Recognize Revenue Without the Spreadsheet.Sleep Before the Audit.

FastQlik gives finance teams what disconnected tools never will — automated revenue recognition, real-time project financials, and an audit trail that exists before you need it. Built for professional services firms with 50 to 500 employees.

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Your Financial Close Shouldn’t Be a Fire Drill

Finance teams at professional services firms are trapped in a cycle of manual data gathering, spreadsheet-based calculations, and reports that are outdated before they are finished. The tools work — the gaps between them don’t.

Revenue Recognition by Spreadsheet

Revenue recognition lives in a spreadsheet that one person understands. ASC 606 compliance depends on manual formulas, copy-pasted data, and the hope that nothing breaks before the audit.

Month-End Close Takes Weeks

Closing the books means chasing project managers for actuals, reconciling timesheets against invoices, and assembling reports from three systems. Three weeks of work that should take three days.

No Audit Trail Worth Trusting

Financial periods are never truly locked. Historical data gets edited retroactively. When auditors ask for lineage from time entry to recognized revenue, the answer is a manual walkthrough and crossed fingers.

Financial Data Is Always Stale

By the time project financials are aggregated, cleaned, and reported, leadership is making decisions on data that's weeks old. Real-time visibility doesn't exist.

What Changes When Finance Lives in the Same Platform as Delivery

FastQlik eliminates the gap between project execution and financial reporting. When timesheets, milestones, billing, and revenue recognition share one data model, these outcomes follow naturally.

Revenue Recognition Happens Automatically

Revenue is recognized as project milestones are met and time is logged. ASC 606 and IFRS 15 compliant out of the box, with a complete audit trail for every entry. No spreadsheets. No manual calculations.

Month-End Close in Days, Not Weeks

Financial data originates in the same platform as project data. No reconciliation between systems. No chasing project managers for actuals. Close drops from two to three weeks to under one week.

Period Locking Creates an Immutable Record

Lock financial periods so historical data cannot be retroactively altered. Every entry traces back to the originating time entry or project event. Auditors get the trail they need without a week of assembly.

Real-Time Financial Data for Leadership

Revenue, margin, cash flow, and utilization update continuously. Zero lag between project activity and financial reporting. Leadership sees the business as it stands today, not where it was three weeks ago.

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The measurable impact for finance teams.

Faster Month-End Close

Days instead of weeks to close the books

Margin Improvement

Real-time visibility catches revenue leakage before it compounds

Data Consistency

One source of truth for every financial report

Questions Finance Teams Ask

Straight answers to the questions we hear most from CFOs and finance directors evaluating FastQlik.

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ROI Calculator

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Why Now

Market pressures making platform unification urgent.

Platform Overview

See how operations and finance unify in one platform.

Stop Closing the Books the Hard Way

Every manual reconciliation, every spreadsheet-based revenue calculation, every report stitched from three systems — that’s time your finance team never gets back. See what changes when project financials and operational data share one platform.

Request Financial ROI Analysis

A tailored analysis showing the impact on your close cycle, compliance posture, and finance team’s capacity.

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Calculate Your Savings

See how much time and money your firm could reclaim with automated rev rec and a unified financial data model.

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