Xero includes Hubdoc in Xero plans to bring even more value to global customers

Xero, the global small business platform, announced another significant step on the journey to improving the lives of small business owners and their advisors, hitting a new milestone in the integration of Hubdoc into the Xero platform.

 

Hubdoc, previously offered to customers as a standalone add-on, will be included in business edition plans from 18 March 2020 with a streamlined set up, single sign-on and access from within Xero.

 

This is an important step in the ongoing work to integrate Hubdoc, acquired by Xero in 2018, into the Xero platform and provide even more value to small business customers and advisors across the globe.

 

The high-integrity data, real-time insights and end-to-end compliance delivered by Hubdoc will help future-proof accountants’ roles by allowing them to advise more confidently, offer more services and broaden their knowledge and client base.

 

“Xero first created single-ledger double-entry accounting through the cloud. Now we are moving beyond that into the future, providing customers high-integrity data through Hubdoc, giving our customers the ability to see insights in real-time. These are critical elements in helping us to create a seamless workflow for accountants and bookkeepers,” said Anna Curzon, Chief Product Officer at Xero.

 

Hubdoc and Xero come together to augment business intelligence

 

Hubdoc plays an important role in accelerating Xero’s vision for intelligent automation and code-free accounting. Hubdoc captures information from bills and receipts, eliminates manual data entry, and ensures bank reconciliation is easy within Xero, saving time and reducing errors.

 

Since Xero acquired Hubdoc in 2018, it has been advancing its data capture technology powered by machine learning, doubling the volume of documents processed.

 

With Hubdoc now included in Xero Business Edition plans it will bring the functionality to even more small businesses globally, and enhance Xero’s code-free accounting capabilities with future plans to continue to enhance the integration, making it more seamless and bringing the automation technology to other parts of the platform.

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

Top Must-Follow Productivity Influencers in 2023

Top Must-Follow Productivity Influencers in 2023

Productivity is a key aspect of success in today’s fast-paced world. Being productive enables individuals to balance their work and personal lives effectively while accomplishing their goals efficiently. To help you stay on track and reach your full potential, we’ve identified top influential productivity experts who provide valuable insights to maximize your efficiency in 2023.

What Can Drones Be Used For, and Do They Have a Future?

What Can Drones Be Used For, and Do They Have a Future?

In January 2023, Australian soldiers used drones to search for a missing woman. The drones helped them reach areas that might have been too challenging for a human to enter. For the past few years, the drone economy has been booming. Global investments in the industry amount to US$1.15 billion, with China leading the market.

2022 FIFA World Cup

The Most Controversial VAR Decisions at the 2022 FIFA World Cup

The footballing world has welcomed many new technological developments in recent times. Its goal is to make decision-making more accurate and provide a better experience for players and fans alike. These technologies include the video assistant referee (VAR), semi-automated offside technology (SAOT) and sensor-equipped footballs, all used extensively during the 2022 FIFA World Cup in Qatar.

Self-funding Your Startup? Follow These Expert Tips from Proven Entrepreneurs

Self-funding Your Startup? Follow These Expert Tips from Proven Entrepreneurs

Starting a new business can be an exciting and challenging endeavor, with securing funding being one of the biggest obstacles. Traditional funding options, such as venture capital and angel investing, can be time-consuming, especially for new and untested businesses. In such cases, self-funding, or “bootstrapping”, might be a viable option.

Navigating Ghost Job Postings: How to Avoid Them

Navigating Ghost Job Postings: How to Avoid Them

Job searching can be a daunting task, especially with the risk of encountering scams or fraudulent job postings. Ghost job postings, which refer to open job positions that are not actively being filled, are a common issue that jobseekers should be aware of. According to a survey by New York-based financial consultancy Clarify Capital.

Can AI Help You Flirt Better

Can AI Help You Flirt Better?

“Excuse me, but I think you dropped something: my jaw.” This is the pick-up line the famous artificial intelligence (AI) chatbot ChatGPT dished out when we asked for some viable options. Not the most original, sure, but not bad for a trained algorithm.