Case Study: Mi Hub reduces monthly close time with Planful

Mi Hub Cuts 3 Days from Monthly Close and Consolidation With Planful

Mi Hub, a global business, was struggling with a complex, manual, Excel-based month-end close and consolidation process across its U.S. and U.K. teams. Before using Planful, the finance team spent too much time generating ad hoc reports and chasing a consistent view of financial data, making it difficult to quickly answer questions about performance and maintain a reliable single source of truth.

Planful implemented a more intuitive close and consolidation process, along with flexible reporting through Planful Spotlight. As a result, Mi Hub cut three days from its monthly close, delivering draft consolidated results by day five and board packs by day seven, while also gaining one version of the truth and a balanced balance sheet.

Mi Hub

Mark Hobbs

Head of FP&A