What users are saying about
10 Ratings
1 Rating
10 Ratings
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Score 8 out of 100
1 Rating
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Score 8 out of 100

Likelihood to Recommend

Hubble

I like the real time aspect of the Hubble reporting. I can have checks run and then immediately go into Hubble and run a check backup report, import it to Excel and send off to people who need it right away. It's great to be able to have updated records at the touch of button.
Anonymous | TrustRadius Reviewer

ReconNET

It is well suited in scenarios where customers have tremendous volumes of data to deal with and where the reconciliation of the information is of paramount importance to businesses and stakeholders. We use it primarily for balance sheet reconciliations that come with features, such as exception management, which is great for focusing on the few that matter the most at the end of the day.
Rajib Mukherjee | TrustRadius Reviewer

Feature Rating Comparison

Budgeting, Planning, and Forecasting

Hubble
8.5
ReconNET
8.0
Long-term financial planning
Hubble
8.0
ReconNET
7.0
Financial budgeting
Hubble
8.0
ReconNET
8.0
Forecasting
Hubble
9.0
ReconNET
8.0
Management reporting
Hubble
9.0
ReconNET
9.0
Scenario modeling
Hubble
ReconNET
8.0

Consolidation and Close

Hubble
8.6
ReconNET
8.3
Financial data consolidation
Hubble
9.0
ReconNET
8.0
Journal entries and reports
Hubble
8.0
ReconNET
9.0
Multi-currency management
Hubble
8.2
ReconNET
9.0
Intercompany Eliminations
Hubble
9.1
ReconNET
8.0
Local and consolidated reporting
Hubble
8.2
ReconNET
8.0
Detailed Audit Trails
Hubble
9.0
ReconNET
9.0
Minority Ownership
Hubble
ReconNET
7.0

Financial Reporting and Compliance

Hubble
8.6
ReconNET
7.4
Financial Statement Reporting
Hubble
8.0
ReconNET
7.0
Management Reporting
Hubble
8.7
ReconNET
8.0
Excel-based Reporting
Hubble
9.0
ReconNET
8.0
Automated board and financial reporting
Hubble
ReconNET
7.0
XBRL support for regulatory filing
Hubble
ReconNET
7.0

Analytics

Hubble
9.0
ReconNET
7.8
Personalized dashboards
Hubble
9.0
ReconNET
7.0
Color-coded scorecards
Hubble
ReconNET
8.0
KPIs
Hubble
ReconNET
8.0
Cost and profitability analysis
Hubble
ReconNET
8.0
Key Performance Indicator setting
Hubble
ReconNET
8.0
Benchmarking with external data
Hubble
ReconNET
8.0

Integration

Hubble
9.0
ReconNET
7.7
Excel data integration
Hubble
10.0
ReconNET
8.0
Direct links to 3rd-party data sources
Hubble
8.0
ReconNET
7.0
Flat file integration
Hubble
ReconNET
8.0

BI Standard Reporting

Hubble
ReconNET
7.7
Pixel Perfect reports
Hubble
ReconNET
7.0
Customizable dashboards
Hubble
ReconNET
8.0
Report Formatting Templates
Hubble
ReconNET
8.0

Ad-hoc Reporting

Hubble
ReconNET
7.5
Drill-down analysis
Hubble
ReconNET
7.0
Formatting capabilities
Hubble
ReconNET
8.0
Integration with R or other statistical packages
Hubble
ReconNET
7.0
Report sharing and collaboration
Hubble
ReconNET
8.0

Report Output and Scheduling

Hubble
ReconNET
8.3
Publish to Web
Hubble
ReconNET
8.0
Publish to PDF
Hubble
ReconNET
8.0
Report Versioning
Hubble
ReconNET
9.0
Report Delivery Scheduling
Hubble
ReconNET
8.0

Data Discovery and Visualization

Hubble
ReconNET
7.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
Hubble
ReconNET
8.0
Location Analytics / Geographic Visualization
Hubble
ReconNET
8.0
Predictive Analytics
Hubble
ReconNET
7.0

Access Control and Security

Hubble
ReconNET
7.8
Multi-User Support (named login)
Hubble
ReconNET
8.0
Role-Based Security Model
Hubble
ReconNET
8.0
Multiple Access Permission Levels (Create, Read, Delete)
Hubble
ReconNET
7.0
Single Sign-On (SSO)
Hubble
ReconNET
8.0

Mobile Capabilities

Hubble
ReconNET
7.8
Responsive Design for Web Access
Hubble
ReconNET
8.0
Dedicated iOS Application
Hubble
ReconNET
7.0
Dedicated Android Application
Hubble
ReconNET
8.0
Dashboard / Report / Visualization Interactivity on Mobile
Hubble
ReconNET
8.0

Pros

Hubble

  • Ease of use - very straightforward, can start using the product on day 1.
  • Power - very fast and accurate data retriever.
  • Great customer service.
Anonymous | TrustRadius Reviewer

ReconNET

  • The ReconNET tool has a great audit-trial system that captures every detail in the life of a record and helps eliminate any manual intervention. It's fully SOX Compliant, and helps track any changes in the data from an audit perspective.
  • The automation helps us focus entirely on the exceptions, which helps eliminate attention from the mundane tasks to areas with potential problems.
  • Exception management and automated posting to the GL are great features that help streamline many of the routine, mundane, and yet time-consuming activities, freeing up time to focus on issues at hand.
Rajib Mukherjee | TrustRadius Reviewer

Cons

Hubble

  • When you drill down to a linked report, it doesn't run automatically unless you set the users settings to automatically run all reports when opened.
  • Named user licensing.
Greg Gall | TrustRadius Reviewer

ReconNET

  • It takes a little bit of practice to get the hang of the tool to set up the reconciliations, but its not necessarily a drawback, since this applies to every other automation tool out there. However, once someone gets the hang of it, it's pretty user-friendly to run it on a daily basis.
  • Since automatons can only be built on a set logic, at times certain items that show up as exceptions are not truly a cause of concern. However, since it's always better to flag too many potential exceptions than too few, it's not a true drawback.
  • It has quite a few features, such as multi-currency reconciliation, bank deposits, disbursements, automated postings to G/L, etc. which could be of great value for various requirements for clients. It is especially useful where volumes of data are too large to deal with. The uses might not be phenomenal for low volume reconciliation requirements.
Rajib Mukherjee | TrustRadius Reviewer

Likelihood to Renew

Hubble

Hubble 9.1
Based on 1 answer
We have been using Hubble for almost 10 years and it has not let us down.
Greg Gall | TrustRadius Reviewer

ReconNET

No score
No answers yet
No answers on this topic

Alternatives Considered

Hubble

I haven't used any other tools like Hubble.
Anonymous | TrustRadius Reviewer

ReconNET

Each automation tool has its own set of features, but the fact that ReconNET is built for reconciliation purposes sets it apart from the rest. The ease of usage once the user gets a hang of it, the extensive audit trial, and the ability to focus on exceptions rather than the necessity to scroll through a bulk of irrelevant information, all provide the key-user with the critical decision-making ability.
Rajib Mukherjee | TrustRadius Reviewer

Return on Investment

Hubble

  • Hubble helps us achieve our goals as a department and as a whole business.
Anonymous | TrustRadius Reviewer

ReconNET

  • It definitely has a positive impact on ROI with freeing up resource availability and usage on the most pressing tasks at hand. For example, focusing on exceptions rather than reconciling from scratch.
  • Another positive impact on the ROI can be realized with the detailed audit trials on sensitive information.
  • Strong Financial Reporting is the backbone of any industry, regardless of the sector it operates in, and having an automated reconciliation tool such as ReconNET helps you attain the key objective of integrity of information in a timely fashion, to support the close process.
Rajib Mukherjee | TrustRadius Reviewer

Pricing Details

Hubble

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

ReconNET

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

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