Documents are a part of the core of running any business. Managing documents generated from many sources can become cumbersome. Every company is trying to stay ahead of the curve by using technology to realise the best approach in all parts of business including documentation. A software based Document Management System (DMS) can help overcome the complexity associated with migrating to paperless documentation.
Several software packages aid in capturing and organising documents- getting files in from computers, emails, scanners or cell phones. HUBDOC is a still better software for online document management. It automatically extracts bank statements, checks images and deposits images from banks and can sync transactions to Quickbooks Online & Xero. One can add multiple clients/files under a single login in Hubdoc, making it easier to switch between files & manage multiple clients.
Using Hubdoc is like having a personal assistant who takes out information from receipts, bills and statements, removing the need to collect recurring bills and make entries. Accounting data can be issued to accounting software like Quickbooks and Bills.com by publishing documents from Hubdoc, snapping paperwork or linking accounts directly. You can select how receipts and bills are coded.
Apart from Hubdoc, AutoEntry or Receipt Bank can also be used. They gather documents, take out information and publish them much and they are leaps and bounds ahead over using paper.
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