We are excited to kick off our Xero App Spotlight series by covering Hubdoc, an app comparable to the receipt scanning apps you may have come across, only better!
Our main takeaway today is that Hubdoc is nothing short of a technological masterpiece, allowing businesses to utilize their paperwork, transforming it into data, which they can use for priceless analysis….
Hubdoc extracts key information from physical documentation, such as receipts, invoices, and bills.
What does this mean for your business? Well, no more data entry and filling, for a start.
Most importantly, Hubdoc will act as your aid when submitting documents to our dedicated team of accountants, ensuring that all of your figures are correct; therefore, avoiding any innocent (but potentially detrimental) numerical errors.
What’s more? It is super easy to use. Simply snap a quick photo of the paperwork, using the mobile app, and dispose of the paper copy (pheeeew). Hubdoc will scan, extract, and store your documents, leaving them ready for publication.
You should also be aware of the email paperwork side of things: when you sign up to Hubdoc, they automatically create a personalized email address, specifically for emailing your electronic documents. Simply send it over and they will take care of the rest.
Hubdoc automatically pulls your bills and statements into one secure hub.
This means you have one login to view and manage the documents from all of your accounts. No more logging into ten different sites each month to gather your recurring bills.
You can also pull historical bills and statements. Once you add an account, Hubdoc
not only downloads your new bills. It also pulls and stores all of your past available bills, often over a year's worth of documents.
Leverage Hubdoc’s integrations to keep everyone on the same page. It’s great for collaborating with bookkeepers, accountants, and colleagues.
Moreover, thanks to the deep integration between Hubdoc and other add-ons, backup is automatic. Your documents are synced to your accounting software, and you can also create copies in Box.
Hubdoc automatically sorts and organizes all of your documents into searchable and customizable folders as soon as they arrive.
Easily find docs through search. Looking for something? Quickly search through all of your documents and find matching keywords or phrases, accountants
Hubdoc is also travel friendly- you can also access all of your importantdocuments from anywhere inthe world.
Publish your documents and their data directly to Xero with Hubdoc, using the vendor to automate how receipts, bills and statements are coded.
All of the apps covered in this series can be downloaded via the Xero App Store, which was covered in last weeks blog. click here if you missed it.
Need advice about integrating apps with Xero? You can contact our dedicated team today, who will be happy to assist you in personalising your Xero account and building the most technologically efficient business possible.
Afterall, we believe strongly in our axiom that every businesses can achieve this!
Call 01254 589799 at your convenience.