rightsHUB offers a built in MP3 converter, allowing you to convert WAV & FLAC files into MP3s.
To convert any WAV/FLAC files into an MP3, add the Asset File you want to convert to an Asset.
Then, hit the blue 'Convert To MP3' button.
Here, you can also select the bit-rate to best suit your quality/file size needs.
Once done, the converted audio file will be added as an Attachment to the Asset, ready to be downloaded.