Hubdoc is a document collection and data extraction tool that automatically fetches bills and statements from hundreds of banks and vendors, then extracts key data and publishes it to accounting software. Now owned by Xero and included free with Xero subscriptions, Hubdoc reduces the manual work of gathering and entering financial documents each month.
Users can also photograph receipts via mobile app or forward bills via email, with Hubdoc's AI extracting vendor, date, amount and line-item details automatically. For bookkeepers managing document collection across multiple clients, the automatic fetching from connected accounts saves significant time chasing down statements and invoices.
Key Features
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Automatic Document Fetching
Connects to banks and vendor accounts to automatically retrieve bills and statements each month.
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Mobile Receipt Capture
Photograph receipts via mobile app for instant data extraction and filing.
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Email Forwarding
Forward bills and invoices to a dedicated email address for automatic processing.
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Xero Integration
Included free with Xero subscriptions and publishes extracted data directly to the ledger.
Pros & Cons
What we like
Free with Xero โ no additional cost for Xero users
Good data extraction accuracy for common document types
Useful for bookkeepers managing multiple client accounts
Watch out for
Most valuable when paired with Xero specifically
Automatic fetching depends on vendor/bank connection reliability
Less standalone value compared to dedicated tools like Dext
Limited customisation compared to more configurable alternatives
Frequently Asked Questions
Yes โ Hubdoc is included free with Xero subscriptions. It can also be used somewhat independently, but its primary value is realised as part of the Xero ecosystem.
Hubdoc automatically fetches bills and bank statements from connected accounts, extracts key data using AI, and publishes the information to your accounting software โ primarily Xero.
No โ Hubdoc and Dext (formerly Receipt Bank) are separate competing products with similar receipt/document capture functionality. Hubdoc is owned by Xero and free with Xero subscriptions, while Dext is a separate paid product with broader accounting software integrations.
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Try Hubdoc
Automated document collection and data extraction for bookkeeping, now part of Xero