Hubdoc Review - why 3.2 stars?

Shlomi Lavi / updated: Apr 18, 2022

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What is Hubdoc?

HubDoc is cloud-based document management and data extraction software designed for accountants and book-keepers. The software core features include data extraction and financial reporting solution. The solution helps the user extract data from scanned documents. With a snap and send paperwork, the user can take photos of their receipt, bill, or invoice with the app.

With HubDoc, the users no longer have to chase the clients for online bills and statements. That’s because it pulls the invoices and bank statements into a single secure hub. The software helps the user scan, extract, and store the documents ready for publication.

It integrated with other platforms, including Xero, QuickBooks online, and bill.com. The solution helps the user auto-file and sort documents. Hubdoc is developed by a company called Hubdoc and based in Canada but offers services across different countries, including the US.

Who is it best for?

The typical customers include the following business size: SMBs.

What is the actual cost?

The cost of license starts at $12 per month. ITQlick pricing score is 7 out of 10 (10 is most expensive). Access ITQlick pricing guide for Hubdoc. You can also find here pricing information from Hubdoc's website.

Pros

• HubDoc is cheap and affordable
• The platform helps the user track expenses and expenditure quickly and keeps an audit trail
• The Hubdoc software is secure and offers a unique email address

Cons

• It lacks the multi-currency functionality
• Does not tag the bank accounts with credit/debit card last four digits

How it stacks up?

Access a head to head analysis of Hubdoc vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Hubdoc right for you or your business?

HubDoc is ideal for financial reporting, and its primary users are accountants and book-keepers. It caters to small and mid-size businesses. The platform is available anywhere, and users can access their vital details from anywhere in the world.