What is HubDoc?

 

A part of the Xero family, HubDoc is an application that helps you spend less time chasing financial documents, and more time running your business. Put simply, HubDoc gets all your documents in one place automatically and then integrates with Xero to help with reconciliation. You can also manually load, forward and add documents to HubDoc on the go using the mobile app. 

When you sign up to HubDoc with RightWay, you'll connect your bank account for free. You'll then pay a small charge if you decide to connect up other accounts or use the mobile application.   It means that as your accountants we'll never have to ask you for a bank statement - so we spend less time chasing you and you spend less time on having to give us paperwork, sounds like a win-win to us! 

Hubdoc Features:

  • Auto-fetches bank statements, bills, and receipts from over 700 financial institutions, utilities, telecom providers, and online vendors

  • Supports real-time document capture via desktop, email, and mobile (the Hubdoc App is available as a free download on the Apple App Store or Google Play Store

  • Extracts key data from documents (vendor name, date, and total amount) using Optical Character Recognition (OCR)

  • Automatically creates folders and sorts documents by their vendor name after they’ve been fetched or uploaded

  • Integrates with Xero for reconciliation and audit-proofing

  • Organized and verified data: Hubdoc provides accountants and their clients with confidence that their financial documents are organized, secure, and always available. All data is “verified” with the source document, stored and easily searchable on any device.