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As Controller, I considered hiring sufficient headcount totaling over $100k in annual salaries for work that HubiFi automated more efficiently and accurately. In a prior role, the cost to develop a similar function in-house was a 7-figure spend over several years. All things considered, the decision to partner up with HubiFi was a no-brainer.
No volume based pricing - Fixed fee for the term of the contract (nail your budget every time)
Invite your whole finance team, advisors, and even your auditors (if you dare)
Automatically account for granular Deferred Revenue, Revenue Recognition, contract modifications, cancellations, etc.
Revenue Recognition above + invoice, payment, settlement, refund, and dispute accounting. Automate your bank reconciliation.
Full Order to Cash Accounting + Cost of revenue accounting (fees, hosting costs, etc.) - immediate or revenue matching
Automatically calculate your commissions cost of sales.
An integration is a distinct source for your Contracts, Billing, and Payments, or cost of revenue data.
All entries are prepared overnight.
Automatically calculate prior period adjustments for contract, invoice, or payment modifications.
Push entries directly to your GL at whatever cadence and granularity needed.
Handle multiple currencies and calculate FX entries at the contract, invoice, and payment level.
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