Cube announced an enhancement to its platform with the launch of Universal Connect, a new feature developed using Merge technology. This innovation aims to simplify the integration of data from human resources information systems (HRIS) into financial planning processes by automating their synchronisation.
A direct connection between HR and Finance
Companies rely on HR data such as headcount, compensation and organisational structures to prepare their budgets and forecasts. However, this information is often transferred manually between HR tools and planning solutions, a process that can lead to delays and errors.
With Universal Connect, Cube enables its platform to connect automatically to numerous HRIS systems. Data is integrated directly into planning models and updated continuously, without the need for CSV file exports or manual reconciliations.
Forecasts always aligned with workforce changes
Thanks to this automation, any change recorded in the HR system—whether it is a new hire, a departure, a salary change or an organisational change—is immediately reflected in the financial models.
This real-time synchronisation helps improve the reliability of recruitment plans, payroll budgets and financial forecasts, while reducing administrative tasks for Finance teams.
An approach geared towards more agile planning
With this new feature, Cube is pursuing its objective of bringing operational and financial data closer together in order to improve decision-making quality. By facilitating the use of HR data in planning processes, the publisher aims to provide finance departments with a more accurate and responsive view of changes in their human resources and costs.
source: Cube