What is Hubdoc and How Can Businesses Benefit From It?

Audit Prodigy brings together different aspects of audit management under one roof. AuditFile comes with several pricing plan options, with the lowest being $119/per month. A unique thing about AuditFile is that it has pre-built modules for specific types of audits, which makes it a truly professional https://www.bookstime.com/articles/hubdoc tool. Unlike most apps mentioned above, AdvancedFlow is clearly targeted toward the enterprise sector. Some users pointed out some minor interface issues, though nothing critical. Users point out that DataSnipper is good in terms of feature compilation, as most appear to be really useful.

• And since you’ll be going paper-free, nothing stops you from sharing e-documents with your colleagues for collaborative teamwork.
• Hubdoc is designed to alleviate data entry for busy business owners and bookkeepers as it captures, processes, and syncs important information between leading accounting applications.
• And where compliance is concerned, the app has a variety of subjects it can enforce, including anti-bribery, anti-corruption, DEI (diversity, equity, inclusion), and harassment.
• However, some users are noticing that the app hasn’t received many updates since it was acquired by Xero, making the UI slightly out of touch in places.
• Using the mobile app, take a picture of a receipt, bill or invoice.
• But you still need to balance your books, pay your taxes and do financial planning.
• The app is exclusively used by users that work in accounting and finances and mostly has favorable reviews.

This guide is the nuts-and-bolts of Hubdoc reviews, and hopefully, we’ve given you a clear picture of the extensive capabilities of this powerful software. Accounting firms can use the software for free but must pay $20/month for each client they enlist. Hubdoc protects all your data with 256-bit encryption, SSL/TLS and a Premium Extended Validation service. Taking it a step further, the application uses McAfee and TRUSTe to monitor and validate activity and secure your data.

What’s included in HubDoc?

At that point, your information is ready to be published and you can throw away the paper copies. Set user roles in Hubdoc so staff can complete tasks like uploading receipts without allowing them access to sensitive data and other features. Choose from user roles like upload only, standard, or accountant/bookkeeper. Add your financial institutions and various vendors to Hubdoc and all the bills and statements will be fetched when issued.

According to G2, users seem to prefer MindBridge for customer support, and the automation features appear to be spot on as well. The app’s dashboard provides extensive insight into data trends and risk characteristics that can be of great value for financial agencies carrying out contract risk management for clients. It executes data entry tasks and organizes all your data in one central place while conveniently integrating all your data with your accounting software.

Xero Training – One day courses – Book HERE

Receipt Bank offers more diverse pricing plans depending on the number of users and volume of documents your business has. It provides tiered packages for small to medium organizations, bigger companies, and large enterprises. Say goodbye to chasing documents and data entry and say hello to increased productivity and automation.

SAI360 is yet another platform that can best be described as AuditFile’s twin. The app has extensive compliance and risk management features powered by AI. Some users also mark the superior ease of setup of AppZen and risk management features, although Hubdoc seems to be doing a better job at automation. Small businesses need every advantage they can get to compete with larger companies with bigger budgets.