The Benefits of Hubdoc

Hubdoc provides accountants and their clients with confidence that their financial documents are organised, secure, and always available.
Put simply, it is a data capture tool that extracts key data from documents, then creates transactions in Xero.

Your Xero plan now includes Hubdoc.

At Calculated Matters, we’ve started using Hubdoc to make bill and receipt gathering considerably more convenient. This blog aids those just starting out who may be unfamiliar with the benefits of Hubdoc.

Ways to use Hubdoc

If you use Hubdoc you can relax knowing that your financial records are organised and easily accessible. For instance, you can rapidly submit your invoices and receipts into Xero using your mobile device, email, or a scanner. Hubdoc extracts the crucial data, and then the document and the data are immediately published to Xero. They can be easily matched to the Xero bank feed and show an accurate and current view of your financials. If you are new to Hubdoc, here are a few easy tips:

Syncing your accounts
You can connect to your essential accounts to receive notifications of any new invoices or statements. You can access all your reports and invoices using your Hubdoc credentials rather than logging in to multiple accounts.

Emailing documents
Following registration, you will receive an email address where you can submit documents such as receipts, bills, or other paperwork. Your Hubdoc account will instantly get the attachments you send. You can also email your documents to file@hubdoc.com (using your Hubdoc sign-up email address).

Upload your documents
You can also drag and drop your scanned documents into your account, or upload them in batches.

Snap a photo with the app
Using the app, you can easily take photos of your documents wherever you are and have them automatically synchronised with your account from your iOS or Android device.

Benefits of Hubdoc

You can save time
By using Hubdoc, you will never have to enter receipts, invoices, or bills again manually. You can focus on other aspects of your business instead.

Stay Organised
The Hubdoc tool makes it easier to stay organised by allowing you to store all your documents in one place. So, no matter where you travel, or if you work from home, your records will always be readily available.

Automate Your Data Entry
By automating the data entry process, you’ll have more time to devote to what really matters, expanding your business. Keeping track of your spending and ensuring they line up with your bank statements is simple with Hubdoc.

Manage accounts easily
You can manage several financial accounts simultaneously. Hubdoc gives you the tools to manage your financials. You won’t ever misplace another receipt again if you utilise Hubdoc.

Reduce Paperwork
Having to save paper copies of your documents is no longer necessary if you scan them into Hubdoc. Not printing duplicate copies of your documents can help save a few trees.

Track Expenses
Now it’s simple to keep track of your spending and find out how much you spent on each purchase. You’ll be able to track your expenditure accurately.

Increase Productivity
You may rapidly create invoices with a professional appearance by using Hubdoc. Hubdoc was built primarily to make the creation of invoices as straightforward as possible. It saves time and consequently boosts productivity.

These are just some of the reasons why your business should think about adopting Hubdoc. So what are you waiting for – Hubdoc is the perfect solution!

If you’d like to know more about the benefits of using Hubdoc, schedule a strategy meeting with us by contacting Calculated Matters at business@calculatedmatters.com.au or schedule a time with me.