Hubdoc: The answer to bill payments

what is hubdoc

Check out our webinar, Simplifying bill payments for your business, to find out more ways you can streamline your processes. If you find out Hubdoc is the best option for your business, you will have to pay only $12 USD per month, which is affordable, even for startups. Scanning your documents into Hubdoc will reduce the what is hubdoc number of paper copies you need to file away. You’ll also avoid wasting trees and resources by not printing duplicate copies of your documents. With Hubdoc, you can even automate extracting information from your receipts. As a result, you won’t have to worry about missing out on anything when tracking your expenses.

  • The company provides a monthly subscription service for individuals and businesses.
  • Hubdoc automatically extracts vital information from receipts, invoices or bills.
  • So, if you’re tired of spending hours on end entering data into spreadsheets, then Hubdoc is the perfect solution for you.
  • In minutes, you can also create reports and export the data into other applications such as Xero accounting systems.

It’s no secret that bill payments have traditionally been a slow and painful experience – a necessary evil for many business owners. A lot of people have found a way to tackle bill payments through trial and error, and would eventually find a process that kind of works. Hubdoc is a fantastic tool for anyone who wants to get organised. Whether you’re looking to cut down on paperwork or want to automate your bookkeeping process, Hubdoc is the perfect solution. With Hubdoc, you can scan thousands of receipts per month and only pay $12 per month. Hubdoc turns a PDF bank statement into a CSV, making it quick and easy to get the transaction data into Xero.

Capture data from bills and receipts

We’ve established that managing bill payments has historically been labour intensive, but what does this actually mean for clients? To put it simply, clients lack visibility of their cash flow. 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. As a result, adding value as their trusted advisor can become difficult.

what is hubdoc

Accounting and bookkeeping practices can use Hubdoc to save time chasing documents from clients, do less data entry, and check transactions against original documents. Xero provides resources to help practices set up Hubdoc for their own use, and easily onboard small business clients. 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 accurate data you need to make better decisions.

Overview: Getting started with your Hubdoc organization

By automating the process of entering data, you’ll free up time to focus on what matters most – growing your business. 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 is an excellent tool for anyone who wants to get organised. It allows you to extract important financial information from any document. In minutes, you can also create reports and export the data into other applications such as Xero accounting systems.

  • This way, you don’t have to spend time entering data manually.
  • You can easily access all of your documents from anywhere at any time.
  • Whether you’re looking to cut down on paperwork or want to automate your bookkeeping process, Hubdoc is the perfect solution.
  • You can now easily track your expenses and see how much you spent on each item.
  • For example, you can use Hubdoc to extract information from your credit card statements, utility bills, receipts, invoices, or bills.

Since being acquired by Xero, Hubdoc continues to evolve into a feature-rich platform for Xero users to capitalize on. Since Hubdoc automatically extracts information from your receipts, invoices and bills, you no longer have to enter data manually. Set user roles in Hubdoc so staff can complete tasks like uploading receipts without allowing them access to sensitive data and other features.

Company

Hubdoc makes it easy to keep track of your expenses and ensure that they match up with your bank statements. So, if you’re tired of spending hours on end entering data into spreadsheets, then Hubdoc is the perfect solution for you. Believe me when I say that I have “been there and done that” when it comes to chasing clients for invoice records. Hubdoc has opened my eyes to how much quicker and seamless the process can actually be.

Hubdoc is a data capture solution that gives you and your clients the tools you need to easily capture bills and receipts. 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. Hubdoc transactions are automatically matched to the corresponding transaction in the Xero bank feed, ready for one-click reconciliation. Hubdoc transactions are automatically matched to the corresponding transaction in the bank feed, ready for one-click reconciliation and allowing for audit proofed books. Hubdoc automatically extracts vital information from receipts, invoices or bills. This way, you don’t have to spend time entering data manually.