Most teams close Stripe revenue by downloading three separate reports (Invoices, Balance Summary and Payout Reconciliations) and VLOOKup-ing across reports to book revenue. HubiFi natively connects with Stripe’s 21+ endpoints to reconcile and match your payments and billing data for accurate revenue close.
Stripe revenue recognition struggles with any level of complexity beyond annual billing terms, creating difficulties even for teams with standard quarterly or monthly pricing. HubiFi’s change data capture integrates, transforms, and applies ASC 606/ASC 340 to Stripe data to provide accurate revenue data daily down to an invoice-level. Identify previously missed credit applications, fees, and revenue leakage.
Integrating Stripe directly into your ERP increases costs and creates complexity and manual work for your team. Ripping and replacing your system doesn’t solve the underlying data problems either. HubiFi’s native API with your Stripe data allows you to directly post compliant journal entries to your ERP with automated revenue close, segmented by currency, entity, product line, or promotion.
HubiFi integrates natively with Stripe's 21 end-points to get daily revenue schedules (waterfalls/roll-forwards) with refunds, credits, promos, FX, multi-entity, explainable subledger. Automated ERP journals (policy-driven) tied to payouts.
Automate ASC 606 schedules and post audit-ready journals to your ERP.
Your accounts stay fully reconciled, guaranteeing accurate revenue and contribution margins that are always in sync with your operational data. Close an accounting period in hours instead of days or weeks. Scale with your platform, not more accountants.
