Pipeline Brief

Hubdoc

Automated document capture and data extraction for bookkeepers

document-processingFrom $39/moFree trial
★★★★4.3 · 207 G2 reviews
Founded 2012

About Hubdoc

Hubdoc automatically collects financial documents — bank statements, utility bills, receipts, supplier invoices — from hundreds of online sources, and uses OCR to extract key data and sync it to accounting software. It connects directly to online portals and downloads statements automatically, eliminating the most tedious part of bookkeeping: chasing documents. Hubdoc is now owned by Xero and is included in Xero's Business and Starter plans, making it exceptional value for Xero users. QuickBooks Online integration is also available.

Best for

Bookkeepers and small business owners using Xero or QuickBooks who want automated document collection

Pros & Cons

Pros

  • Included free with Xero Business and Starter plans — exceptional value
  • Automatically fetches documents from hundreds of portals
  • OCR data extraction is accurate on clean documents
  • Mobile receipt capture is quick and reliable
  • Eliminates the #1 bookkeeping bottleneck: document chasing

Cons

  • OCR struggles with handwritten or low-quality scans
  • Fetch connections sometimes break when portals update
  • Limited value if you are not on Xero (standalone is $39/mo)
  • Product development has slowed since Xero acquisition

Integrations

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