Hubdoc can reduce the amount of time you spend on document collection, data entry and bank reconciliation, by accurately capturing information from your bills and receipts and publishing this on Xero, making it easier to match transactions to your Xero bank feed.
You can upload your financial documents, in the form of receipts, bills, statements and emails, using your mobile, email or desktop. Once documents are uploaded, the key data is extracted and synced with Xero.
Hubdoc works with Xero to automatically match transactions with bank feed transactions for ‘one click’ bank reconciliation, offering you an up-to-date view of your financial information.
Once you have synchronised the data from your bills, receipts and invoices to your accounting software, you can save configurations to automate how your documents are published and coded.
In addition, Hubdoc allows you to easily collaborate with colleagues, bookkeepers and us as your accountant, as the integrated software means documents are all stored online in one place. This information is automatically backed up, so that your documents are stored on the Cloud.
If you would like any further information about Hubdoc and how it can help your business, please contact our Business Innovation team.