Automated Revenue Recognition and Reporting

Power your high-volume business's revenue compliance and reporting needs with one platform. Fueled by accounting automation built for accountants, loved by analysts and auditors.

Hubifi Diagram - Financial Data ManagementHubifi Diagram - Financial Data Management

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

Aimée Bseirani CPA
Controller

As someone who has led the accounting and finance for high transaction businesses... I knew the value of HubiFi as soon as I saw it! Not only does this brilliantly developed engine shave a ton of time off your close, it also acts as a detailed subledger and audit proofs your financials.

John Henry
Co-Founder & CEO

We've tried virtually every finance and data tool under the sun, but they all fell short when it came to revenue reporting, we were still in excel and waiting on the accounting close. That was until HubiFi, now we have real-time visibility and analytics into our most important financial measure.

Jay Frey
Accounting and Data Governance

Jason and the HubiFi team are experts at their craft and helped me reduce the close by over 75%, gave us a unified view of our financial data and enabled us to identify margin erosion opportunities we had no visibility to before.


We partnered with HubiFi to automate our B2C revenue recognition from Stripe and multiple internal data sources. We now have a single source of truth for revenue, which significantly improved our reporting and compliance. Within a week we were able to identify six figures in revenue leakage that had previously gone unnoticed.

Director of Finance at Packback

As someone who has led the accounting and finance for high transaction businesses... I knew the value of HubiFi as soon as I saw it! Not only does this brilliantly developed engine shave a ton of time off your close, it also acts as a detailed subledger and audit proofs your financials.

Controller at Covertree

We were initially skeptical that the HubiFi team could handle our millions of transactions and have us implemented in a week. But within a week, what used to be a time-consuming, manual process is now automated, providing revenue calculations across all product combinations on a daily basis.

CEO at Sav

I was skeptical when HubiFi claimed to be able to automate our Stripe order to cash accounting and give us comfort that the data was right after so many vendors we worked with couldn't. But sure enough, we were able to reconcile all of the data and gained confidence in the accounting in under 2 months.

Revenue Accounting Manager at Healthie

We've tried virtually every finance and data tool under the sun, but they all fell short when it came to revenue reporting, we were still in excel and waiting on the accounting close. That was until HubiFi, now we have real-time visibility and analytics into our most important financial measure.

Co-Founder & CEO at LOOP

Jason and the HubiFi team are experts at their craft and helped me reduce the close by over 75%, gave us a unified view of our financial data and enabled us to identify margin erosion opportunities we had no visibility to before.

Accounting and Data Governance
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You spend more time gathering and processing financial data than partnering to improve the business.

  • Manually compiling data from disconnected systems wastes time, causes errors, and delays close(“Excel not responding”).
  • Revenue reporting doesn’t align between FP&A and accounting - FP&A needs daily segmentation,accounting closes monthly.
  • Revenue compliance is the number one cause of audit and internal control failures.
  • Headcount scales with growth

Daily order to cash accounting and revenue reporting that is ASC 606 compliant

  • Daily ASC 606 and order to cash accounting
  • Granular and useful revenue reporting for the business that ties to financial reporting
  • Public company and control audit ready financial statements
  • Scale revenue without headcount
Our Solution

A Purpose-built ASC 606 and Order-to-Cash calculator with full FP&A visibility.

Our Solution

Unify. Automate. Integrate.

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.

  • Integrate with the most popular accounting software, ERPs and CRMs
  • Full audit trail and lineage from Report summary to operational record and all modifications along the way
  • Integrated Order/Subscription to Cash Reconciliations
  • Detailed transaction status’ for New, Modifications, Prior Period Adjustments or Deletes

Get your Demo now. →

Our Solution

Lift the Veil on Financial Performance

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

Get your Demo now. →

Our Solution

Segmentation 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

Get your Demo now. →

Change Data Capture

Automates manual accounting adjustments by converting constantly changing data sources into period-specific, accountable data, ensuring accurate revenue recognition. Never fix the accounting from your legacy rev rec system again.

Integration & GL Agnostic

Seamlessly integrates with any source system or general ledger to automate ASC 606 compliance and order-to-cash accounting. Accounting can be the last to know and still keep up.

Pivot Table UI

HubiFi’s UI is the giant pivot table of your order to cash finance data you’ve always wanted. If you can use a pivot table you already know how to use HubiFi.

Public Company Ready

Built to pass public company audits. SOC 1/2 Type II compliant with easy, documentable reconciliation controls make getting order to cash ready for audit easy.

Features built for accountants
by accountants

HubiFi was built by accountants with accounting needs built from the ground up. Simple enough for a startup, but rugged enough to undergo a public company audit. 

Integrations

HubiFi connects wherever your revenue data sits (except file cabinets)

- Pre-built for the most common systems
- Custom connections < 1 week

HubiFi’s proprietary Change Data Capture turns constantly changing and unaccountable data sources into accountable data for appropriate period accounting.

Hubifi Integration - ZohoHubifi Integration - WorkDayHubifi Integrations - MySQLHubifi Integration - BambooHRHubifi Integration - PayPalHubifi Integration - HubSpotHubifi Integration - SnowflakeHubifi Integration - QuickBooksHubifi Integration - Google DriveHubifi Integration - Stripe
Hubifi Integration - Zoho
Hubifi Integration - WorkDayHubifi Integration - MySQLHubifi Integration - BambooHRHubifi Integration - PayPalHubifi Integration - HubSpotHubifi Integration - SnowflakeHubifi Integration - QuickBooksHubifi Integration - Google DriveHubifi Integration - Stripe
Hubifi Integration - Zoho
Hubifi Integration - WorkDayHubifi Integration - MySQLHubifi Integration - BambooHRHubifi Integration - PayPalHubifi Integration - HubSpotHubifi Integration - SnowflakeHubifi Integration - QuickBooksHubifi Integration - Google DriveHubifi Integration - Stripe
Hubifi Integration - Zoho
Hubifi Integration - WorkDayHubifi Integration - MySQLHubifi Integration - BambooHRHubifi Integration - PayPalHubifi Integration - HubSpotHubifi Integration - SnowflakeHubifi Integration - QuickBooksHubifi Integration - Google DriveHubifi Integration - Stripe
Hubifi Integration - TablouHubifi Integration - XeroHubifi Integration - ExcelHubifi Integration - OracleHubifi Integration - Google CloudHubifi Integration - LinkedinHubifi Integration - ShopifyHubifi Integration - ADPHubifi Integration - SAPHubifi Integration - WooCommerce
Hubifi Integration - TablouHubifi Integration - XeroHubifi Integration - ExcelHubifi Integration - OracleHubifi Integration - GoogleDataHubifi Integration - LinkedInHubifi Integration - ShopifyHubifi Integration - ADPHubifi Integration - SAPHubifi Integration - WooCommerce

FAQ

How is HubiFi different from all the other rev rec vendors I am looking at?

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Other rev rec tools are rules-engines that make accounting or a consultant configure and manage rev rec rules. 

HubiFi is purpose built and attested ASC 606 calculator that performs all of the O2C cash accounting in the revenue cycle. 

See how we compare to the most common vendors in the space here.

I’ve solved rev rec already - why would I talk to you?

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The primary ways companies have solved rev rec in the past are:

-Zuora/RevPro or similar tool
-Stripe rev rec
-Netsuite ARM
-Generic iPaaS/ETL tool like Boomi, Celigo, Workato, or Alteryx
-Internal build

There are 5 main reasons people switch to HubiFi from those:

1) Lower total cost of ownership - The maintenance costs for tools requiring manual intervention for rule setting and contract modification accounting are high in: pricing, manual effort, internal controls, and audit costs.

2) More accurate and useful revenue reporting for the business - Legacy rev rec tools book entries that lack the granularity needed for useful reporting. HubiFi enriches revenue accounting with operational data, providing FP&A a single source of truth tied to the GL.

3) Operational Flexibility/Scalability - HubiFi implements and integrates with new systems within weeks, not months. As such, it removes friction for up stream system selection for Operations and let’s accounting and finance move as fast as the business changes.

4) Audit Risks & Risk Reduction - Legacy rev rec tools require many points of manual intervention, raising risk around compliance and accuracy. HubiFi removes this manual intervention and derisks the O2C accounting cycle. 

5) Revenue Leakage - Most teams know there is a level of revenue leakage in the current manual parts of the process. HubiFi identifies these during implementation, confirming the hunch and often providing immediate ROI. See why Hubifi here.

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.

What does it cost?

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

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 support@hubifi.com

Learn how one customer identified double their contract value in the first week of implementation of HubiFi.

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