There are so many things that you have to do as a business owner to succeed in the field. You have to provide your clients with high quality goods and/or services, offer them the best customer experience, stay one step ahead of your competition in order to defeat them, and so on. All these things require implementation of good strategies. However, you can’t come up with the best strategy without proper collection, management, and processing of data.
As your business grows so is the amount of data you collect, and without a good integrated financial performance management system (IFPRMS), it might become challenging to properly utilize this data. Good news is their exists a great IFPRMS software that you can adopt. The software we are talking about is Hubble.
In this article, we’ll review this software solution and its modules, which include Hubble Budgeting, Hubble Planning, Hubble Analytics, and Hubble Reporting, therefore, listing down some of its benefits.
What is Hubble?
Hubble is an integrated Hubble Reporting management system developed by Insight Software that can be deployed on-premises or in the cloud. As mentioned above, this financial performance management solution offers modules for budgeting, planning, analytics, and financial reporting.
For planning, tracking, and producing budget reports, you can use Hubble’s planning and forecasting module, which also allows you to share the final budget data to your ERP system.
The module for financial analytics gives you the ability to track business metrics and performance indicators that are backed up by the software and access to pre-designed templates, customizable dashboards, and many other great features designed to help make your experience better.
Real-time reporting is also made possible by Hubble through its financial reporting module. As a result, you’ll be able to automate month-end reports, sub-ledger reconciliations, income statement, and other financial and operations processes.
Some of the benefits you’ll enjoy from adopting Hubble into your organization include:
Better financial reporting
This software solution’s reporting module contains pre-designed templates for several sectors including manufacturing, distribution, human capital management, homebuilder, real estate, and construction for you to access and utilize. It also has a feature which allows you to create custom reports on the data from your ERP. The best thing is all these data can be viewed and updated by all system users in real time.
Makes financial analysis and planning easier
Bit the planning and financial analytics modules offer dashboards that are customizable. These dashboards allow all authorized system users remote access into the system to view and update data at anytime of the day or night.
Hubble is a user-friendly and interactive software solution. With all the great features it packs, your organization will greatly benefit from using it.