- Integrate financial data sources
- ASC 606 rev rec & journal entries into your ledger
- Full audit trail, data lineage and drill down
- Historical period change capture
- Real-time dynamic financial reporting
How familiar are you with these unforgiving consequences of disparate sources of data?
Research shows that FP&A and Financial Reporting spends 75% of their time gathering and managing data instead of focusing on value-driving analysis. These inefficiencies cost non-fortune 500 U.S. companies $7.8B a year.
Current close solutions solve the "workflow" problem, but this is a data problem. The average data lag in a financial org is 30-60 days. Causing most finance teams to act as spreadsheet jockeys, manually tracking down information to reconcile the previous accounting period’s performance.
With disparate operating systems and tools constantly moving beyond the ERP, all containing financial transactions, accounting is left to clean up the mess and financial intelligence is largely inaccessible... and it's hiding margin erosion and revenue leakage.
Instead of solving the root cause of problems, most organizations spend ¼ or more of their total financial investment on failed transformations or manual workarounds to accommodate a lack of data from their finance tech stack.
Gain the flexibility to tie financials to operations. Even when ops change, the financials won't.
Multiple data sources? Zero problems. HubiFi’s fully automated accounting and continuous reconciliations, integrated with the tools you use, allows you to close an accounting period in hours instead of weeks.
Never again hear that the data “needs to settle.” Real-time visibility over the company’s financial performance empowers finance leaders to seize growth and revenue opportunities, instead of playing catch up. And you stay GAAP-compliant along the way.
Whether you need a 50,000 foot view or a customer-level granular perspective, HubiFi helps you configure dynamic segmentation without compromising financial integrity..
Gain the flexibility to integrate financials to operations. Even when operations change, the historical financials won't.