Hubdoc
Financial audit software
Accounting & finance software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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$12 USD per month per business/client
Free TrialFree version
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What is Hubdoc
Hubdoc is a document capture and management tool used to collect, store, and organize financial source documents such as receipts, bills, and statements. It supports small businesses and accounting professionals who need to centralize documentation for bookkeeping and month-end close. The product focuses on automated document retrieval and data extraction, with export and integration options to common accounting workflows. It is positioned more as pre-accounting document intake than as a full audit analytics or engagement management system.
Centralized source document capture
Hubdoc consolidates receipts, bills, and statements into a single repository with searchable records. It supports multiple ingestion methods (e.g., email forwarding, uploads, and mobile capture) to reduce manual collection effort. This helps standardize how supporting documentation is gathered across clients or entities. It is well-suited for bookkeeping and close preparation where completeness of documents matters.
Automated fetching and OCR
Hubdoc can connect to supported providers to fetch statements and bills automatically, reducing reliance on manual downloads. It applies OCR/data extraction to capture key fields from documents for downstream use. This can reduce re-keying and improve consistency compared with purely manual entry. The automation is oriented to document intake rather than advanced audit testing.
Accounting workflow integrations
Hubdoc is designed to feed captured documents and extracted data into accounting processes through integrations and export options. This supports a smoother handoff from document collection to bookkeeping and reconciliation. For accounting firms, it can help standardize client document submission and reduce back-and-forth. Integration-led workflows differentiate it from tools focused primarily on audit analytics or request list management.
Not an audit analytics platform
Hubdoc does not provide advanced audit procedures such as journal entry testing, anomaly detection, or risk scoring. Teams performing financial audits typically need separate tools for substantive testing and analytics. Its value is primarily upstream document capture and organization. As a result, it may not replace purpose-built audit software in the reference space.
Extraction accuracy varies by document
OCR and field extraction quality can depend on document layout, scan quality, and vendor formatting. Users may need to review and correct extracted fields, especially for complex invoices or low-quality images. This introduces residual manual work in high-volume environments. Controls and review steps are still required to ensure data reliability.
Provider coverage and workflow fit
Automatic fetching depends on supported financial institutions and biller/provider connections, which may not cover all regions or niche vendors. When a provider is unsupported or changes its portal, users may need to revert to manual uploads. Some organizations with strict document retention, approval workflows, or audit trail requirements may find the feature set limited. Firms may also need additional tools for client collaboration and request tracking beyond document intake.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| Direct subscription (Business) | $12 USD per month | Automatically extracts key data from bills, statements, invoices, receipts; unlimited uploads/storage; multiple collaborators; integrates with Xero and QuickBooks Online; 30-day free trial (no credit card). |
| Accountants & Bookkeepers (Hubdoc Partner) | Free (practice partner account). Client accounts: $12 USD per month per client | Accounting/bookkeeping practices are eligible for a free Hubdoc Partner account for their practice; client accounts billed at $12/month per client for unlimited documents and storage; includes dedicated customer support and free online training. |
| Included with select Xero plans | Included at no additional cost when connected to eligible Xero plans (per Hubdoc announcement) | Hubdoc has been included in select Xero business plans since March 18, 2020 (customers on eligible Xero plans connected to Hubdoc will not be billed separately by Hubdoc). |
Seller details
Xero Limited
Wellington, New Zealand
2006
Public
https://www.xero.com/
https://x.com/xero
https://www.linkedin.com/company/xero/
