At its heart, Hubdock is all about convenience and automation — helping your business to digitize financial documentation in a straight forward and error-free way. This is a huge benefit for busy business owners who don’t want to spend hours on data entry every week. As expected, Hubdock works in tandem with Xero, allowing your business to quickly and easily transfer all of your bills and receipts.
Based in the cloud, Hubdock (and your secure data) can be accessed at any time and from anywhere, meaning you can work hand-in-hand with your bookkeeper to keep your financial overview as accurate as possible.
In a world that’s increasingly embracing remote working, the app helps to overcome some of the barriers and complications typically associated with uploading important documents while on the road or in the office.
At Time Wise VA, we let Hubdock do the hard work for us so our team can tend to the more detail-orientated work our certified bookkeepers excel at. To speak to us directly about how Hubdock can help your business thrive and stay on track, please contact us now.
How does Hubdock work?
Using Hubdock couldn’t be more straightforward for users of all technical expertise. And, to make things even simpler, it’s available on both IOS and Android. After signing up to the service, Hubdock provides you with a unique, personal email address which is where you will email all of your scanned or downloaded financial documents to. Forwarding on an email to this address is a very useful tool.
After this, the Hubdock app is a major benefit. You only need to take a photo of your receipts, invoices, and bills through the mobile app. The app will then extract all of the key data from the documentation before securely uploading and storing it for use. However, a big bonus with Hubdock is the way in which it can be integrated with Xero — syncing all of your data straight to Xero so you can easily match transactions everything within your bank feed, make verifications, ensure your business is financially compliant, and gain valuable business insights.
Hubdock puts a focus on security
Keeping your financial data as secure as possible is essential for your peace of mind. Thankfully, Hubdock uses state-of-the-art 256-bit encryptions — the same that banking institutions use to keep your information safe and secure. Importantly, it’s impossible to make changes to your bank information and your money cannot be accessed through the app by anyone, including yourself.
As experienced certified bookkeepers, we know full well how important it is that apps such as Hubdock provide flawless integration with third-party software. For us, Xero is the most reliable and advanced bookkeeping software available on the market, and as mentioned before, Hubdock integrates with this perfectly. But, it also works with other third-party software too, including Box, QuickBooks, and Bill.com.
What are the key benefits?
Hubdock is an extremely versatile application that has a whole host of obvious benefits. For our certified bookkeepers, Hubdock’s ability to extract all of the essential information from financial documents is a game changer and saves so much time for business owners and bookkeepers alike.
Time Wise VA is here to make managing your finances easier
Bookkeeping isn’t always the most exciting work, but that doesn’t make it any less important. Our certified bookkeepers know how to use the latest technology like Hubdock and Xero to your business’ advantage — providing you with an accurate and up-to-date financial overview at all times.
If you’d like to learn more about how our team can assist your business in setting up a Hubdock account or for any bookkeeping related enquiries, please don’t hesitate to contact us now.