Docyt vs Hubdoc: Which is Better for Your Accounting in 2025?

Managing your business’s money can feel like a headache, right?

It’s a common struggle for many.

This old way of doing things isn’t just annoying; it can lead to mistakes. 

Docyt and Hubdoc are two popular options designed to make accounting easier.

Let’s break down Docyt vs Hubdoc features, pros, and cons to help you decide.

Overview

To help you make the best choice, we’ve thoroughly tested both Docyt and Hubdoc.

Putting their features, ease of use, and overall benefits to the test.

This hands-on experience has allowed us to draw direct comparisons and highlight what truly sets each apart.

What is Docyt?

So, what is Docyt all about?

Think of it as your smart accounting assistant.

It uses artificial intelligence to handle many of those boring financial tasks.

Also, explore our favorite Docyt alternatives…

Key Benefits

Docyt has some really cool things it can do:

• It can automatically pull data from 10+ different places, like your bank and credit cards.
• It uses smart technology to understand your documents with 99% accuracy.
• You can see all your important financial info in 1 easy-to-use spot.
• It helps you work with your team and share info easily with unlimited users on some plans.

Pricing

Docyt has different ways you can pay, depending on what you need:

• Impact: $299/month
• Advanced: $499/month
• Advanced Plus: $799/month
• Enterprise: $999/month

What is Hubdoc?

So, what is Hubdoc? It’s like a smart filing cabinet for all your financial papers.

It helps you collect receipts, bills, and statements without the usual hassle.

You just snap a photo, email it, or upload it.

Also, explore our favorite Hubdoc alternatives…

Key Benefits

Hubdoc shines when it comes to getting your documents in order. Here are some of its best features:

• It can automatically fetch documents from over 800 different banks, suppliers, and online services.
• You can easily upload documents by taking a picture with your phone or sending an email.
• It helps you say goodbye to manual data entry by pulling key information from your documents.
• Hubdoc works smoothly with popular accounting software like Xero and QuickBooks Online.
• It keeps all your important financial documents securely stored in the cloud.

Pricing

• Annually Subscription: $24

Feature Comparison

Choosing the right accounting software is crucial.

This feature comparison will help you understand how Docyt and Hubdoc compare.

We’ll examine their core accounting features to see which solution best suits your needs.

1. Automation & AI Capabilities

Both platforms aim to reduce time-consuming manual bookkeeping tasks. They use smart technology to streamline accounting workflows.

• Docyt: Docyt uses advanced AI to automate a wide range of back-office and bookkeeping tasks. It’s designed for comprehensive accounting. The AI learns your business patterns. This helps with everything from categorization to reconciliation. It aims to replace manual automated data entry entirely.
• Hubdoc: Hubdoc also uses automation. It specializes in automated data extraction. Its AI focuses on getting information from documents. This helps reduce manual entry. It’s more about document processing automation.

2. Document Capture & Data Extraction

Getting your financial documents into the system is a key function. Both offer ways to do this.

• Docyt: Docyt simplifies receipt capture and invoice processing. You can snap photos or upload documents. It then extracts key data. This helps in managing expense reports and corporate card transactions.
• Hubdoc: Hubdoc is well-known for its receipt capture abilities. You can email, scan, or take photos. It specializes in automated data extraction from bills, receipts, and bank statements, which makes data capture automation very efficient.

3. Integrations

Connecting with your existing tools is vital for a smooth workflow.

• Docyt: Docyt integrates with various systems, including popular accounting software like QuickBooks. It also connects with POS (Point of Sale) systems, which helps manage revenue from different business locations.
• Hubdoc: Hubdoc integrates seamlessly with Xero and QuickBooks Online. It’s particularly strong for Xero users. It also connects with other platforms like Bill.com and Box. This helps in syncing documents.

4. Expense Management

Keeping track of your spending is a core accounting feature.

• Docyt: Docyt offers comprehensive accounting expense management. It includes digital receipt capture, automates expense categorization, and helps with expense reports and corporate card management.
• Hubdoc: Hubdoc streamlines expense management by automating document collection. It helps categorize expenses. This makes it easier to keep track of spending. It’s more focused on the document side of costs.

5. Financial Reporting & Insights

Understanding your business’s money requires clear reports.

• Docyt: Docyt provides real-time financial reporting. You gain instant visibility into your money. It generates detailed financial statements, including P&L and balance sheets. You can get roll-up financial statements for multiple business locations. Reports are also customizable. This helps you understand your profitability.
• Hubdoc: Hubdoc focuses on document organization for reporting. It helps ensure all source documents are available. This supports accurate financial statements. Its direct reporting features are more basic compared to Docyt.

6. Multi-Entity Support

For businesses with more than one location or company, this feature is very important.

• Docyt: Docyt is designed for businesses with multiple entities. It handles inter-entity transactions smoothly. It provides roll-up financial statements across all your business locations. This gives you a consolidated view.
• Hubdoc: Hubdoc can support multiple client accounts. This is useful for accountants managing several businesses. However, its core focus is on document management per entity, rather than consolidated financial reporting across them.

7. User Experience & Ease of Use

How easy is the software to learn and use every day?

• Docyt: Docyt aims for an efficient and user-friendly experience. Its interface is designed to be intuitive. However, with its advanced AI features, there can be a slight learning curve for some users.
• Hubdoc: Hubdoc is known for its simplicity and clear layout. It’s generally considered very user-friendly, especially for basic document management. It makes automated data entry very straightforward.

What to Look for When Choosing Accounting Software?

• Integration Needs: Does it connect with your existing e-commerce and payment platform or other tools?
• Scalability: Can the accounting solution grow with your business across various business sizes?
• Automation Level: How much manual work will it truly eliminate? Does it handle back-office and bookkeeping tasks effectively?
• Reporting Depth: Does it offer the visibility and types of financial statements you need, including roll-up financial statements?
• Support: What kind of customer support is available?

Final Verdict 

After testing both, our pick is Docyt.

It offers more complete automation for your bookkeeping tasks.

While Hubdoc is great for documents, Docyt aims to handle more with its smart AI.

It gives you a fuller picture of your money.

So, if you want real simplicity, Docyt goes deeper. We’ve tested these tools for real businesses. 

But for true back-office and bookkeeping automation, Docyt provides better visibility than just document capture.

More of Docyt

• Docyt vs Puzzle IO: Puzzle IO offers real-time cash and accrual accounting for startups.
• Docyt vs Dext: Dext specializes in automated data extraction from receipts and invoices.
• Docyt vs Xero: Xero is a full accounting software, strong in invoicing and bank reconciliation.
• Docyt vs Synder: Synder excels at syncing e-commerce and payment platform data into accounting systems.
• Docyt vs Easy Month End: Easy Month End focuses specifically on streamlining and automating the month-end close process.
• Docyt vs RefreshMe: (No specific info found for RefreshMe features in comparison to Docyt in searches.)
• Docyt vs Sage: Sage offers comprehensive accounting and business management solutions for various sizes.
• Docyt vs Zoho Books: Zoho Books provides an integrated suite of business apps, including accounting and CRM.
• Docyt vs Wave: Wave provides free accounting, invoicing, and receipt tracking for small businesses.
• Docyt vs Quicken: Quicken is primarily for personal finance management and basic small business tracking.
• Docyt vs Expensify: Expensify is a strong solution for expense reports and corporate card management.
• Docyt vs QuickBooks: QuickBooks is a widely used accounting software for small to mid-sized businesses.
• Docyt vs AutoEntry: AutoEntry focuses on automated data entry for documents like bills and receipts.
• Docyt vs FreshBooks: FreshBooks specializes in invoicing, time tracking, and project accounting for freelancers.
• Docyt vs NetSuite: NetSuite is a comprehensive cloud-based ERP system for large businesses.

More of Hubdoc

• Hubdoc vs Puzzle IO: Puzzle IO offers real-time cash/accrual accounting and financial insights for startups.
• Hubdoc vs Dext: Dext excels in accurate data extraction and expense management, a direct competitor.
• Hubdoc vs Xero: Xero is a full accounting platform, often bundled with Hubdoc for document capture.
• Hubdoc vs Synder: Synder specializes in syncing e-commerce sales data to accounting software.
• Hubdoc vs Easy Month End: Easy Month End focuses on streamlining and automating the financial month-end close.
• Hubdoc vs RefreshMe: RefreshMe is primarily a personal finance tool, less focused on business document automation.
• Hubdoc vs Sage: Sage offers broad accounting and business management solutions for various business sizes.
• Hubdoc vs Zoho Books: Zoho Books provides comprehensive online accounting with a wide app ecosystem.
• Hubdoc vs Wave: Wave offers free accounting, invoicing, and basic receipt tracking for small businesses.
• Hubdoc vs Quicken: Quicken is mainly for personal finance and basic home business money management.
• Hubdoc vs Expensify: Expensify focuses on robust expense reporting and employee reimbursement workflows.
• Hubdoc vs QuickBooks: QuickBooks is a popular accounting software, and Hubdoc integrates for document management.
• Hubdoc vs AutoEntry: AutoEntry automates data entry from various documents, similar to Hubdoc’s core.
• Hubdoc vs FreshBooks: FreshBooks specializes in invoicing, time tracking, and project management for freelancers.
• Hubdoc vs NetSuite: NetSuite is a comprehensive cloud-based ERP system for large, complex businesses.

Frequently Asked Questions