What is Hubdoc and how can this newly Xero acquired company help small businesses in Dubai?

The only thing that got our attention was that some users pointed out the necessity of having a financial or accounting background to use this app effectively. Audit Prodigy doesn’t have sufficient online reviews posted to conclude anything with absolute certainty. That said, the reviews that are available don’t share any problems with this app. Some negative reviews on TrustRadius mention “siloed modules” that users understandably don’t like so much.

One can just connect their key accounts and be notified if there is a new statement or a bill that is due. You can connect your bank accounts as well as the vendors who regularly send your utility and telecom bills. Instead of logging into multiple online accounts to check your statements and bills, you can view all of them with just your Hubdoc credentials. Hubdoc scans it and extracts the data for your accounting system and keeps the record. Everything gets stored in one place with secure access for those that need it.

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If you receive invoices via email you can forward them to Hubdoc. You can also provide a Hubdoc email address directly to your suppliers and employees, they can send invoices there for Hubdoc to read. You can also drag and drop attachments directly to your Hubdoc account. By setting up vendor rules in Hubdoc all your expenses will be classified and can be published automatically.

• Simply log in to Xero Central to access client support services.
• Hubdoc is able to read (using OCR technology) your receipts, bills, and data, and publish them in QuickBooks or Xero!
• The answer for most small businesses is to use time-saving accounting and bookkeeping software.
• This option can be most useful for those who want their employees to be able to send their receipts directly to Hubdoc without needing for them to have access to the Hubdoc account.
• You can easily handle every task with the great care if you want to foster a positive environment and increase productivity in your company.

It provides tiered packages for small to medium organizations, bigger companies, and large enterprises. Both Hubdoc and Receipt Bank have excellent audit trails, making syncing data much easier. The date and time log automatically affixed with every scanned document makes every receipt entry effortless to find and locate. This feature makes it more convenient for users by automatically filing transactions within your accounting package. It also reduces, if not eliminates, the chance of losing paper receipts again. Our modern approach to small business accounting and tax services simplifies financial management for entrepreneurs and small business owners.

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A user with a Xero account can get hold of their customer service regarding their Hubdoc queries. Simply log in to Xero Central https://dodbuzz.com/running-law-firm-bookkeeping/ to access client support services. Quickbooks Online, Bill.com, Box, and Xero are all accessible for both platforms.

In QBO, transactions are being entered automatically based on the information being sent by Hubdoc. Thus, using both software packages together can totally eliminate data entry while giving you more confidence that your books are in order. Email your documents – Upon signing up, you will be given a unique email address where you can send your receipts, bills, and any other documents from any email address.

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It’s also important to note that Hubdoc software is “read-only.” That means no one, including you, can make account changes due to their limited access to your accounts, bills and statements. Hubdoc allows you to sync the data from your documents to your accounting software. You can automate the way in which your documents are published and coded by adding rules to the process. Hubdoc is ideal for small and medium-sized businesses and a subscription starts from $20 per month it is also compatible with iOS, Android, PC, and Mac.

• All of your documents are automatically backed up to Cloud servers in Hubdoc.
• Consumers demand to know what personal data is collected about them, who is looking at it and where it’s traveling.
• If you would like to know more about the security of your information in the cloud you can read my blog post here.
• You can easily modify the folder names and you can tag documents for additional layers of sorting.
• That said, the reviews that are available don’t share any problems with this app.
• QuickBooks is already one of the all-inclusive tools for your bookkeeping and accounting procedures but integrating QUICKBOOKS with HUBDOC will increase its strength by double.

Uploaded documents can be configured to send a copy to your Xero file and automatically create transactions in your Xero file. Go paperless, with all your bills and receipts stored together online. He’s been a marketer for 10+ years, and for the last five years, he’s been entirely focused on the electronic signature, proposal, and document management markets. Yauhen has experience speaking at niche conferences where he enjoys sharing his expertise with other curious marketers. And in his spare time, he is an avid fisherman and takes nearly 20 fishing trips every year.

XERO Projects – How can it help your business?

Even if it is synchronizes with the vendor’s account to extract each invoice or bill. QuickBooks Desktop fulfils all of its promises, whether you utilize a PC or Mac as your operating system. Even though it is essential for a strong cash flow, nobody actually appreciates checking up on past due accounts receivable balances for your sales orders. At least, the payment receipt may now be personalized with your business’s logo, color scheme and other specifics to match the rest of your customer interactions. Dancing Numbers helps small businesses, entrepreneurs, and CPAs to do smart transferring of data to and from QuickBooks Desktop.

It’s a secure way to digitalize your documents and be able to upload them into different softwares, including QuickBooks. This review outlines the advantages vs. the disadvantages of Hubdoc to its competitors. If you are an accountant or bookkeeper you can have your client add their financial institutions and vendors and Hubdoc will fetch their documents. With Receipt Bank, users commend the ease of scanning and uploading receipts and invoices.