20 Facts About Hubdoc

What is Hubdoc?

Hubdoc is a cloud-based document management software designed to simplify the process of collecting, organizing, and storing financial documents. It helps businesses and accountants by automating the collection of receipts, invoices, and other financial documents.

1. Hubdoc automatically fetches documents from over 700 financial institutions and online vendors, saving users time and effort.

2. Users can upload documents to Hubdoc via email, mobile app, or desktop, making it easy to keep all financial records in one place.

3. Hubdoc uses Optical Character Recognition (OCR) technology to extract key data from documents, reducing manual data entry.

Key Features of Hubdoc

Hubdoc offers a range of features that make managing financial documents easier and more efficient. Here are some of the key features:

4. Hubdoc integrates with popular accounting software like QuickBooks Online, Xero, and Bill.com, allowing seamless data transfer.

5. The software provides unlimited storage, so users can store as many documents as they need without worrying about running out of space.

6. Hubdoc supports multi-user access, enabling team collaboration and ensuring everyone has access to the necessary documents.

Benefits of Using Hubdoc

Using Hubdoc can bring several benefits to businesses and accountants. Here are some of the advantages:

7. Hubdoc helps reduce paper clutter by digitizing financial documents, making it easier to find and manage records.

8. The software improves accuracy by minimizing manual data entry errors, leading to more reliable financial records.

9. Hubdoc saves time by automating the collection and organization of documents, allowing users to focus on more important tasks.

Security and Compliance

Security and compliance are crucial when dealing with financial documents. Hubdoc takes these aspects seriously to protect users' data.

10. Hubdoc uses bank-level encryption to ensure the security of users' financial information.

11. The software is compliant with major data protection regulations, including GDPR and CCPA, providing peace of mind to users.

12. Hubdoc offers two-factor authentication (2FA) to add an extra layer of security to user accounts.

Pricing and Plans

Hubdoc offers different pricing plans to cater to the needs of various users. Here are some details about their pricing:

13. Hubdoc provides a free trial for new users, allowing them to test the software before committing to a subscription.

14. The software offers a monthly subscription plan, which includes all features and unlimited storage.

15. Hubdoc also has a discounted annual subscription plan for users who prefer to pay upfront for a year.

Customer Support and Resources

Hubdoc provides various support options and resources to help users get the most out of the software.

16. Hubdoc offers 24/7 customer support via email and live chat, ensuring users can get help whenever they need it.

17. The software has a comprehensive help center with articles, tutorials, and FAQs to guide users through common issues.

18. Hubdoc hosts regular webinars and training sessions to help users learn about new features and best practices.

User Reviews and Feedback

Hubdoc has received positive feedback from users, highlighting its effectiveness and ease of use. Here are some insights from user reviews:

19. Many users appreciate the time-saving features of Hubdoc, particularly the automatic document fetching and OCR technology.

20. Users also praise the seamless integration with accounting software, which simplifies their workflow and improves efficiency.

Final Thoughts on Hubdoc

Hubdoc simplifies document management for businesses. By automating the collection and organization of financial documents, it saves time and reduces errors. Users can easily upload receipts, invoices, and statements, which Hubdoc then processes and stores securely. This tool integrates seamlessly with popular accounting software like Xero and QuickBooks, making it a valuable asset for accountants and bookkeepers.

One standout feature is its ability to fetch documents directly from banks and vendors. This ensures you always have the latest information at your fingertips. Plus, with its robust search functionality, finding specific documents becomes a breeze.

For businesses looking to streamline their financial workflows, Hubdoc offers a practical solution. Its user-friendly interface and powerful features make managing documents less of a chore. Give Hubdoc a try, and experience the benefits of efficient document management firsthand.