What is Hubdoc and why should I be using it with my Xero Accounting system?

The company has been working toward integrating Hubdoc and Xero so that accountants, bookkeepers, and small businesses worldwide can benefit from seamless bookkeeping. Hubdoc helps you to stay organised by allowing you to store all of your documents in one place. So, whether you’re travelling, working from home, or just taking a break, you’ll always know where to find your documents.

Hubdoc – huge time-saver!

• HubDoc is a cloud-based document management and automated bookkeeping solution designed for small businesses.
• Hubdoc does the data entry by reading key information from bills and receipts and turning it into usable data.
• Using Hubdoc allows you to create professional-looking invoiced quickly.
• It ended up saving a lot of time and helping to avoid mistakes that can happen when manually/arbitrarily assigning expenditures to accounts.
• Hubdoc has been explicitly designed to make creating invoices as simple as possible.
• We became familiar with Hubdoc because it offers a lifetime free trial account for QuickBooks Online ProAdvisors.

Accounting and bookkeeping practices spend hours of their time chasing client documents and doing manual data entry. With Hubdoc, these tasks are automated, so you and your clients get that time back plus the what is hubdoc accurate data you need to make better decisions. Hubdoc, a Xero-owned company, helps you spend less time chasing financial documents, and more time running your business. Since being acquired by Xero, Hubdoc continues to evolve into a feature-rich platform for Xero users to capitalize on. This means that when your client messages you with a document such as a receipt, you can send it to hubdoc directly from the chat with a quick click of a button.

Xero is such a powerful tool to have

• However, I picked it up again and thought I would play around with it.
• Go paperless, with all your bills and receipts stored together online.
• Uploaded documents can be configured to send a copy to your Xero file and automatically create transactions in your Xero file.
• One of the most valuable features of Hubdoc is the ability to extract information from receipts, invoices, or bills.
• It compares favorably to competitors by offering unlimited transactions and OCR extractions, postal mail document support and advanced workflows.

It compares favorably to competitors by offering unlimited transactions and OCR extractions, postal mail document support and advanced workflows. Easy-to-use accounting software, designed for your small business. In addition, Hubdoc saves you both time and money because you don’t have to print out duplicate copies of your documents anymore. Plus, you will have unlimited access to multiple collaborators.

Learn XERO online with MIEBS!

It’s one of the best subscriptions I have invested in and I would highly recommend it for any small business owner who wants to make their operations easier. Hubdoc automatically Bookkeeping for Chiropractors extracts vital information from receipts, invoices or bills. Hubdoc was founded in 2011 and has grown to millions of customers worldwide. The company provides a monthly subscription service for individuals and businesses. HubDoc is an excellent solution for small businesses looking to modernize document and data workflows. With powerful automation capabilities out-of-the-box, it can lead to significant time and cost savings.

Finally, it can save the documents to several cloud storage services. If you’re the one using hubdoc daily for a company with a high volume of receipts, sorry. Integration of some AI with their software that recognizes frequent moves or sequences within an enterprise’s hubdoc account would take these guys to the next level. I would recommend this only for companies where a massive chunk of expense are recurring or from the same set of vendors. If you’re all over the place then this doesn’t save a ton of time in my experience. HubDoc can integrate seamlessly with popular accounting, ERP, CRM, HCM apps and more via APIs.

Clients like to scan multiple pages at one time and vendors invoices/bills. This is less suitable as they need to do individual scans since Hubdoc cannot separate them out. With Hubdoc, you can scan thousands of receipts per month and only pay $12 per month.

• As a result, you won’t have to worry about missing out on anything when tracking your expenses.
• The documents are organized in Hubdoc and the transactions are in Quickbooks online.
• My bookkeeper told me about Hubdoc as we made the switch to an online system and it was a no brainer to set it up.
• Used to process receipts and invoices for expenses and purchases.
• Hubdoc is a fantastic tool for anyone who wants to get organised.
• It is only as good as the data input and the client/accountant’s dedication to the process.

Sometimes Hubdoc also offers excellent pricing deals, such as 50% off the first six months for new users. Hubdoc is an online application that lets you automatically extract vital information from your receipt, invoice, or bill. We also integrated their scanner functionality into a custom mobile app that fed straight into the Hubdoc system with document notes via metadata tags. Hubdoc does the data entry by reading key information from bills and receipts and turning it into usable data. Hubdoc makes it easy to keep track of your expenses balance sheet and ensure that they match up with your bank statements. Uploaded documents can be configured to send a copy to your Xero file and automatically create transactions in your Xero file.