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Automated Revenue Close at Month-End

Most month end close software is just checklists that transfers work to your team. Close revenue 75% quicker by automating revenue-to-cash reconciliation and controls across Stripe, Recurly, Apple, Google Play, and internal systems with HubiFi's financial accounting close software.

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See how Perplexity and Cursor do it

See how Perplexity and Cursor do it →
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High volume subscription companies and apps are automating
revenue recognition and revenue close with HubiFi

High-Volume Businesses depend on HubiFi for Continuous Close and Comprehensive Revenue Reporting

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THE PROBLEM

You spend more time closing revenue each month than drilling into insights about product, plan, and region.

Manually compiling data from disconnected systems delays close, causes errors, and wastes time (“Excel not responding”).

Your current revenue recognition system is not an ASC 606 automation software leading to compliance issues.

Revenue reporting doesn’t align between FP&A and accounting —FP&A needs daily segmentation, accounting closes monthly.

Scaling the finance team to manage transactions drives up costs without solving inefficiencies.

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Hubifi - You spend more time calculating and reconciling Stripe’s revenue recognition than partnering to improve the business.
Hubifi Automated GAAP Compliant

OUR SOLUTION

Automated month-end close starts with connected data

No IT support? Zero problems. HubiFi’s revenue recognition system automates accounting and continuous reconciliations, integrating with the tools you use, and allows you to close an accounting period in hours instead of weeks ‍

Full audit trail and lineage from Report summary to operational record and all modifications along the way.

Integrate with the most popular accounting software, ERPs and CRMs.

Purpose built ASC 606 automation software with Integrated Order/Subscription to Cash Reconciliations.

Detailed transaction status’ for New, Modifications, Prior Period Adjustments or Deletes.

OUR SOLUTION

Lift the Veil on Financial Performance with Financial Close Software

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.

Generate real-time financial reports

Intra month monitoring and alerting

Integrate with various financial and operational systems and data sources

Drill down into the underlying data and answer questions on the spot

Hubifi - Financial Close Software
HubiFi - Revenue Recognition reports

OUR SOLUTION

A Revenue Recognition Tool as dynamic as your organization

Whether you need a 50,000 foot view or a customer-level granular perspective, HubiFi helps you configure dynamic segmentation without compromising financial integrity.

Analyze contribution margins

Get a quick grasp of a built-in visualization tool that’s based in financial statements, has immediate access to all your data, and integrates with other BI tools

Find under-leveraged market segments, and understand high-margin business opportunities

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WATCH THE VIDEO

See HubiFi in Action in <2 Minutes

Your current revenue recognition system is not an ASC 606 automation software leading to compliance issues.Your current revenue recognition system is not an ASC 606 automation software leading to compliance issues.

Book a Demo →
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Integrations

Connects wherever your revenue data sits (except file cabinets).

Stripe Native Integration with Hubifi

Stripe Native Integration

Audit-ready revenue numbers that you can drill into daily by location, product, and currency.

App sTore and Google Play native Integration with Hubifi
App Store - Google Play

Get subscriber level revenue recognition and order-to-cash accounting for Apple and Google.

Sage Native Integration with Hubifi
Sage Intacct Native Integration

Daily revenue close across your payment processors, billing systems, and contract systems straight to Sage.

NetSuite native integration with Hubifi
Netsuite Native Integration

Push accurate journal entries from your billing and payment systems directly into NetSuite.

Recurly native integration with Hubifi
Recurly Native Integration

Report MRR, ARR, deferred revenue, and by product, region, channel daily

+ Other systems

HubiFi can connect to wherever your data sits (except filing cabinets). Custom connections <1 week.

High-Volume Businesses depend on HubiFi for
Continuous Close and Comprehensive Revenue Reporting

Features:

 

Stripe Rev Rec
HubiFi

Multi-channel support (Apple, Google, Salesforce, internal system)

Automated revenue to cash reconciliation

Handles upgrades, refunds, prepayments, FX

Audit-ready ASC606 & GAAP compliant subledger

Revenue rules to maintain

Customer balance reporting

Built for high Volume

Works beyond Stripe

" HubiFi allows us to accelerate our close and remove as much of the manual work that I don't want myself or my teams spending and wasting time on. Now we're closing our books in 5 days. We know that the numbers are complete and accurate. We know that what we're reporting up to our leadership is right and we spend time on things that move the business forward."

Scott Wernery
VP Controller, eero (an Amazon company)
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Testimonial from Greg Smith, Director of Finance at Packback, stating they found six-figure revenue leakage in one week by partnering with HubiFi to automate B2C revenue recognition.Testimonial from Chris Hall, CPA, VP and Controller at AllTrails, praising HubiFi for automating subscription to cash accounting and resolving Apple data issues within 2 months.Review testimonial from Jon Ashton, Revenue Accounting Manager at Healthie, praising HubiFi for automating Stripe order to cash accounting and improving data reconciliation within two months.Testimonial quote from Aimée Bseirani, CPA and Controller at Covertree, praising HubiFi for audit-proofing financials in insurance and saving time.Testimonial titled 'Build vs Buy - CTO with custom data converted' with a quote about automating revenue calculations and a photo of Anthos Chrysanthou, CEO at Sav.Testimonial quote about HubiFi's ASC 606 App Store automation success by Wossen Workneh, Sr. Director at Strava, with his portrait.

FAQ

How long does month-end close take with HubiFi?

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Most HubiFi customers close revenue 75% faster than their previous process. Companies using manual methods that took 15-20 days can often close in 5 days or less. The exact timeline depends on your transaction volume and complexity, but automation eliminates most of the manual reconciliation work that extends the close process.

Is HubiFi the same as BlackLine or FloQast?

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HubiFi is fundamentally different from BlackLine, FloQast, and other month-end close automation platforms.

BlackLine/FloQast provide task checklists and workflow to help you organize and track the work your team is already doing manually.

HubiFi is helps to solve the root cause of slow closes by automatically calculates ASC 606 revenue recognition and reconciling revenue to cash continuously (not just at month-end).

HubiFi eliminates the work by automating the revenue calculations, reconciliations, and journal entry creation that would otherwise require hours of manual Excel work.

Where does HubiFi sit in the scheme of my tech stack?

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HubiFi sits between your contract, billing, and payment systems and your general ledger to perform the full order to cash cycle accounting.

We’re pretty complex, can you integrate with my upstream systems?

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Yes. HubiFi is source system agnostic.

Do you integrate with my general ledger?

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Yes. HubiFi is GL agnostic. Most customers start with a manual GL upload file that they can download and post. But HubiFi can also integrate to post entries automatically to your GL.

Does HubiFi do Billing, Payment, or Contract Management?

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No. HubiFi connects to all of your upstream contract, billing, and payment systems to perform automated and accurate rev rec and O2C accounting.

Pick what systems work best for your business and use HubiFi to automate the rev rec and order to cash accounting.

Does HubiFi do Billing, Payment, or Contract Management?

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Our prices are flat fee for the term. Not by seat, transaction, or volume.P

Pricing is based complexity and number of integrations in the O2C cycle.

Check our pricing here.

How long does it take to implement?

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1-6 weeks, with most customers under 4 weeks.

Implementation means: Reconciled to source systems for C&A, reconciled to your GL, and you’re comfortable with the accounting and you are processing your O2C accounting daily with HubiFi.

Still have questions? Book free consultation or send us an email at info@hubifi.com