Streamlined bookkeeping and direct supplier feeds: living the paperless dream
Rating: 7 out of 10
March 06, 2020
AL
Vetted Review
Verified User
2 years of experience
We use Hubdoc with one of our larger accounting clients who use it as part of the software stack in the bookkeeping department. It's primarily used for automated feeds from suppliers including bank statements and other scanned in invoices to then be automatically filed by vendor which then archived in their preferred document management platform - ShareFile.
- Extracts data from documents both from a feed and a scan really quick.
- Availability of automated feeds directly from the supplier.
- Integration with accounting software e.g. Xero (now owned by them) and QBO.
- Ability to auto-archive to many different cloud storage locations such as Google Drive and ShareFile.
Cons
- Ability to distinguish line details in an invoice.
- Smarter AI/Machine Learning to improve process and remove manual processing.