Our app feature for this newsletter is "HubDoc". An app which gathers your key financial documents in one place.
Integrates: Xero, QuickBooks Online & Bill.com
Industries: Multiple: Bill Automation
Goal: Gathers your key financial documents in one place, automatically saying goodbye to chasing documents & data entry.
Who's this app for?: Everyone, essentially anyone who wants to save time managing documents and data entry.
Synopsis: Fresh off a strong showing from Xerocon where Hubdoc announced their partnership with Xero, this popular app has been integrated by Xero to help strongarm their paperless & ease of use mantra. Essentially Hubdoc works like a personal assistant which extracts key financial information from your financial documents through the form of either taking a photo with the app, emails of bills/receipts or just downloaded bills, bank statements or other information from your computer. Once this information is uploaded to Hubdoc it will publish your documents and data into Xero & code it based on the rules you set up, creating a real time saver!
Point of Difference: Hubdoc has gone one step further in recent times & has created a universal Hub for its users. Instead of logging into many different accounts to access monthly statements or other financial data you can set it up so that all your information appears in one place. For example you could set up that your Telstra, Water & Electricity statements will be received by Hubdoc, so instead of logging into 3 different accounts once a month, you'd log into Hubdoc find all documents & bills there and with a click of a button they can imported into Xero.
Final Say: This is worth considering as we move towards a paperless working environment and with numerous online accounts, it helps manage the pain points of time organisation as well as data entry while also adding security measures so your information is protected. This App is definitely worth a look for most businesses. For more information visit www.hubdoc.com.