HubiFi and Rillet Partner to Make Daily Revenue Close a Reality for Modern Finance Operators

This integration combines HubiFi’s automated revenue recognition with Rillet’s AI-native ERP enabling high-volume businesses to achieve daily revenue close – a first in GAAP-Compliant revenue accounting.

HubiFi, the multi-source revenue recognition platform for high-volume businesses, and Rillet, the AI-native ERP for modern finance teams, announced a partnership and bi-directional integration that enables daily revenue close in fully GAAP-compliant, ERP-integrated revenue accounting automation.

For many high-volume businesses, data complexity and multi-source reconciliation work has made revenue close nearly impossible. This integration changes that.

With HubiFi’s deterministic automation layer, accounting and finance can ingest their 3rd party revenue data from Stripe, app stores, and billing platforms to run continuous reconciliation, producing completely GAAP compliant revenue-to-cash performance daily.

Rillet’s AI-native ERP then provides teams with the ability to unlock AI-powered insights across accounting use cases, while keeping their general ledger in sync with source data near real time.

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MIrage is the first mutual customer of the integration. With revenue data from Apple, Google, and Stripe, they are leveraging HubiFi and Rillet’s integration to get a bi-directional look between general ledger entries and source data.

“Daily revenue close has been an aspiration in modern finance for as long as I’ve been in the space,” said Jason Berwanger, CEO and co-founder of HubiFi. “Revenue is the core metric every finance team depends on. Without an accurate look at revenue, it’s nearly impossible to operate effectively and with speed. Rillet built an ERP for the way modern finance actually operates, and HubiFi built the automation layer that gets multi-source revenue data piped in. Together, the workflow is finally what it should be.”

“Every finance team wants to know their revenue number today, not at month-end. The reason they couldn’t was architecture,” said Nic Kopp, CEO and co-founder of Rillet. “HubiFi and Rillet solve that together, and Mirage is already doing it, pulling transactions from Apple, Google, and Stripe, closing daily, fully GAAP-compliant.”

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