Cube has announced an enhancement to its platform with the launch of Universal Connect, a new feature developed with Merge technology. This innovation is designed to simplify the integration of data from human resources information systems (HRIS) into financial planning processes by automating synchronization.
A Direct Connection Between HR and Finance
Companies rely on HR data such as headcount, compensation and organizational 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 continuously updated, without requiring CSV file exports or manual reconciliations.
Forecasts That Remain Aligned with Headcount Changes
Thanks to this automation, any change recorded in the HR system—whether a hire, departure, salary change or organizational change—is immediately reflected in the financial models.
This real-time synchronization helps improve the reliability of hiring plans, payroll budgets and financial forecasts, while reducing Finance teams' administrative workload.
A More Agile Approach to Planning
With this new feature, Cube continues its efforts to bring operational and financial data closer together in order to improve decision-making. By making it easier to use HR data in planning processes, the vendor aims to provide finance departments with a more accurate and responsive view of changes in their workforce and costs.
source: Cube