Hub-Analytics: The Future of Accounting Software Built in San Diego - LaJolla.com

Hub-Analytics: The Future of Accounting Software Built in San Diego

There’s a new era of accounting and financial software, and a San Diego company called HUB Analytics is driving it.

HUB Analytics AI accounting software

HUB Analytics is an all-in-one platform that can help enable businesses of all sizes to make better strategic, financial decisions.

More than that, it can also ensure that data is accurate, secure, and easily trackable over time.

If you’re wondering about whether HUB Analytics is a good option for your business, read on.

What Does HUB Analytics Offer?

HUB Analytics isn’t just another accounting or bookkeeping tool. Instead, it uses artificial intelligence and deep knowledge of both finance and technology to drive a system that can help businesses understand their data — and make better decisions as a result.

“To understand how finance plays a part in people’s business success, it boils down into three main components,” said Tommy Vincent, vice president of Sales at HUB Analytics. “You want to have accurate data, you want to have advanced reporting, and, ultimately, you want to have financial thought leadership.”

The platform breaks down its features into three key buckets: accuracy of data, advanced financial reporting, and CFO-level insights and recommendations.

  • Data diagnostics: HUB Analytics leverages an advanced diagnostics tool that uses 150 different points to test the integrity and accuracy of data. The result is expert-audited financial records that are ready for the advanced reporting stage.
  • Advanced reporting: Once you have the data, HUB Analytics allows businesses to see detailed financial reports that track custom KPIs. Additionally, the financial reporting tool can help standardize all records to ensure consistency and accountability across different individuals, teams, or stakeholders.
  • Insights & recommendations: One of its most powerful features is the ability to get expert-level insights and recommendations on what to do with the data. HUB Analytics analyzes your businesses’s financial records, and gives you insights on what to do next to achieve your goals.

The end results of these three powerful software features are the ability for a business to track and identify financial trends earlier, transform complex data into easy-to-understand insights, and obtain recommendations on how to proceed from a CFO-level AI.

“Our financial package includes all the bells and whistles around revenue, cost of goods, and operating expenses,” Vincent said. “And we’re leveraging generative AI to guide and coach the business owners into what the actual financial data is telling them in plain language.”

Who is HUB Analytics For?

According to Vincent, HUB Analytics was built from the ground up for businesses of any size, as well as entrepreneurs. In fact, the team behind HUB Analytics got the idea for the software

“We first developed the solution to help power some of our own entrepreneurial endeavors, including an accounting firm ourselves,” he said.

To that end, HUB Analytics is built to be incredibly intuitive and easy-to-use. With both a well-designed user interface and deep real-time collaboration capabilities, HUB Analytics makes it easy for a business — from entrepreneurs to larger companies — to manage their finances.

There are also other quality-of-life features baked into the platform, including advanced security measures that help keep all records and data safe. Integration into QuickBooks makes data management a breeze. In other words, the team built the platform to be much more usable than other cumbersome products on the market.

The benefits are especially profound for smaller operations. Thanks to the data diagnostic tools and advanced reporting features, much of the room for human error has been removed. Additionally, the expert insights mean that even small businesses without a Chief Financial Officer can still get key recommendations on how to proceed financially.

Basically, all a company has to do is data entry. You plug the numbers into the platform, and HUB Analytics takes care of the rest. That’s a major time-saver for businesses with staff and resources that may already be stretched thin.

Is HUB Analytics Right for You?

HUB Analytics is a platform that was born from the deep experience of a group of experts in entrepreneurship, finance, technology, reporting, and more. As such, it’s a perfect match for many operating in those sectors.

Entrepreneurs and business owners will be able to use the platform to get key insights into their businesses, ensure data is sound, and make better strategic decisions.

Even accounting companies can stand to benefit from the platform, which would make a lot of the daily legwork of the field quicker and easier, freeing up time for them to focus on being strategic consultants.

Of course, the best way to figure out if HUB Analytics is right for you would be to book a demo and try it out for yourself, which you can do on the HUB Analytics website.

Image credits: Images in this article are provided courtesy of HUB-analytics.com