Hubdoc
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Hubdoc allows its users to snap and send documents, enabling businesses to reduce data entry, keep the accounting system up to date and scan documents on the go. This allows businesses to offer more flexibility whilst also improving data quality and reducing the likelihood of human error. Cloud backup and the ability to collaborate with other accountants and bookkeepers ensures the scanning and approval process is safe and secure.
The system helps businesses to become paperless, and the ability to automatically sort and organise documents enhances the finance team's workflows. These documents are searchable, ensuring that no receipts get lost.
Hubdoc’s scanning is excellent for accountants and bookkeepers as all clients’ financial documents are kept in one place. You can even sync all documents into Xero which provides a one-click reconciliation feature with audit-proofed books.
Scanning systems can be a game-changer for businesses, so if you use Xero, Hubdoc might be the option for you.
Hubdoc at a glance:
Cost
Free for Xero users, or $12 per month (A free trial is also available)
Competitors
Function
Hubdoc helps businesses to extract information from invoices, receipts, emails to store in a centralised hub
USP
Capture and sync bills electronically with your accounting software
Use case
Extracts data and information from receipts, invoices and bills and uses this information to fill in the data in your accounting programme.
Features
Snap and Send paperwork, Export Docs and Collaborate
Strengths
Very easy to use, cheap, reduces paper waste, real time uploads
Considerations
Need to consider which accounting programme you use as hubdoc has limits on integrations.
Target customers
Businesses, Accountants and day-to-day bookkeepers