what is hubdoc

All your financial documents are securely stored and managed from one place, giving your business peace of mind. Hubdoc does the data entry by reading key information from bills and receipts and turning it into usable data. Once you’re all set up on Hubdoc, it’s time to say goodbye to dealing with batch payment files. Xero’s Pay with Wise integration lets you pay and reconcile multiple bills through Xero with just a few clicks. It’s a new standardised way to make bill payments regardless of your bank. Again, it’s all about taking steps to give yourself more time to focus on the stuff that matters, and less time on the admin.

what is hubdoc

Choose from user roles like upload only, standard, or accountant/bookkeeper. Get copies of documents and key data stored into Xero automatically. 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. From there, the important information from the receipt will be extracted and sent to your accounting software of choice, such as Xero. This integration means that manual input will be reduced, you’ll have a better workflow, be more organised and more efficient.

What is Hubdoc, and what are its benefits?

Go paperless, with all your bills and receipts stored together online. Plus, you will have unlimited access to multiple collaborators. Sometimes Hubdoc also offers excellent pricing deals, such as 50% off the first six months for new users. Seamlessly match transactions with your bank feed so you have reconciled, up-to-date financials. The company has been working toward integrating Hubdoc and Xero so that accountants, bookkeepers, and small businesses worldwide can benefit from seamless bookkeeping.

  • 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.
  • So, whether you’re travelling, working from home, or just taking a break, you’ll always know where to find your documents.
  • Accounting and bookkeeping practices can use Hubdoc to save time chasing documents from clients, do less data entry, and check transactions against original documents.
  • Once documents have been seamlessly uploaded to Hubdoc, the key data is extracted and synced to Xero as accurately coded transactions with the source documents attached.
  • Xero’s Pay with Wise integration lets you pay and reconcile multiple bills through Xero with just a few clicks.
  • It’s a constant struggle for business owners to stay up to date, leaving you as the practice in the dark on your clients’ financial position.
  • Another benefit of using Hubdoc is that it allows you to snap a photo of the document with the app, which means you’ll never lose a receipt again.

In addition to saving time, Hubdoc is an excellent option for those who want to stay organised. You can easily access all of your documents from anywhere at any time. Hubdoc, a Xero-owned company, helps you spend less time chasing financial documents, and more time running your business.

Do you work for Xero?

Another benefit of using Hubdoc is that it allows you to snap a photo of the document with the app, which means you’ll never lose a receipt again. As a result, you can spend less time searching for lost receipts and what is hubdoc more time focusing on running your business. Just scan or upload your documents, and Hubdoc will extract information from the documents. You don’t have to chase documents at the end of the month, quarter, or year.

what is hubdoc