Are you tired of drowning in paper receipts and confusing expense reports?
Many small business owners and 会计师 face this problem.
We get it. Managing money isn’t always fun, but it’s super important.
That’s why tools like Hubdoc and Expensify exist.
Let’s break down Hubdoc vs Expensify for your 会计 需要。
概述
We’ve put both Hubdoc and Expensify through their paces.
This hands-on experience has given us a clear picture of their strengths and weaknesses.
Allowing us to offer a true side-by-side comparison.
Save time with Hubdoc! Users typically save 4 hours a week on data entry. Plus, Hubdoc auto-organizes 99% of docs.
定价: It has a free trial. The premium plan starts at $12/month.
主要特点:
- Automated Document Fetching
- Data Extraction
- Direct 会计 一体化
Join over 15 million users who trust Expensify to simplify their finances. Save up to 83% on time spent on expense reports.
定价: It has a free trial. The premium plan starts at $5/month.
主要特点:
- SmartScan Receipt Capture
- Corporate Card Reconciliation
- Advanced Approval Workflows.
What is Hubdoc?
So, what is Hubdoc? It’s like a smart digital filing cabinet for all your financial documents.
Its main job is to collect your bills, receipts, and bank statements automatically.
Then, it pulls out the important details from these documents.
此外,探索我们最喜欢的 Hubdoc alternatives…
主要优点
Hubdoc’s main strength is its focus on document automation.
- 99% accuracy: Hubdoc uses OCR to ensure data is captured correctly.
- Audit-proof storage: It stores documents securely, so you never lose a file again.
- Saves 10 hours monthly: Users report significant time savings by eliminating manual entry.
- Automated supplier fetching.
- Mobile photo capture.
- Seamless Xero integration.
定价
- Hubdoc price: $12/月。
优点
缺点
What is Expensify?
So, what is Expensify all about? Think of it as your assistant for expenses.
它旨在 制作 managing your company’s spending super simple, whether you’re a freelancer or a big team.
The main idea is to get rid of all that manual work, like typing in receipt details.
此外,探索我们最喜欢的 Expensify alternatives…
主要优点
- SmartScan technology scans receipt details and extracts them with over 95% accuracy.
- Employees get reimbursed quickly, often in as little as one business day via ACH.
- The Expensify Card can save you up to 50% on your subscription with its cash back program.
- No warranty is offered; their terms state that liabilities are limited.
定价
- Collect: 每月 5 美元。
- Control: 定制定价。
优点
缺点
功能比较
Navigating the world of financial documentation requires choosing between platforms built for specific tasks.
This Hubdoc review versus Expensify reviews comparison will detail the differences in key features and help you select the best 会计 software to streamline your business operations and save time with less time and effort.
1. Core Purpose and Accounting Features
- Hubdoc is a document automation tool that functions as free 簿记 software. Its key features are centered on creating unlimited 簿记 records and ensuring your bookkeeper has a clean, full picture file for tax time. It is best 会计 software support tool for online accounting tasks.
- Expensify is built to automate the entire expense management process. It helps employers manage expenses by simplifying reimbursement workflows and controlling payments for employees and contractors. It is less about core 商业 accounting and more about controlling outflow.
2. Expense Capture and Automation Speed
- Hubdoc automates tasks by extracting 数据 from documents using optical character recognition. It can automatically fetch bank statements and vendor bills, making transactions available for the accountant or bookkeeper.
- Expensify makes expense capture its core strength. Employees can check and snap a photo of a receipt with their mobile phone immediately, and the data is read in a few seconds. This ability to log expenses from their pocket provides real time data and save time.
3. Workflow, Approval, and Reimbursement
- Hubdoc’s workflow is focused on collecting paperwork for the accountant to pay bills. It is a passive repository that stores records by date and supplier, ensuring that all purchase orders are easily accessible by clients for tax time.
- Expensify manages the active expense management process. The manager can quickly approve requests immediately. The Expensify Card automates the reimbursement process, often sending bank transfers (payments) via direct deposit back to employees in real time within a few business days.
4. Financial Management and Reporting
- Hubdoc does not generate reports on its own but provides the raw records necessary for tax time analysis. It streamlines the input of income and expenses to ensure the core 小型企业 accounting system has data for cash flow and profit monitoring.
- Expensify provides detailed expense reports broken down by categories, tags, projects, and employees. It helps employers and finance teams manage costs and pay bills quickly, offering real time data on where money is being spent.
5. Pricing and User Access
- Hubdoc offers flexible pricing and is often available free to Xero users or other integrated clients. The pricing, if separate, is charged per month based on the volume of documents, simplifying cost control for business accounting tasks.
- Expensify pricing is flexible, with customized plans based on the volume of active employee users. It offers a starter plan and different tiers, allowing a small number of users to access core features at a low cost.
6. Integration and Ecosystem
- Hubdoc integrates seamlessly with major third party apps and business apps like QuickBooks Online. It is the go-to tool for accountant access when setting up automated document upload and retrieval for clients.
- Expensify integrates strongly with accounting systems and other services. Its ability to export data directly, and manage reimbursement from bank accounts, makes it a valuable complement to the core business accounting system.
7. Tax Preparation and Specific Tracking
- Hubdoc ensures all bank transactions and purchase orders are linked to source records, simplifying tax time for the accountant. It also captures sales tax details on invoices and bills automatically, reducing manual data entry.
- Expensify allows employees and contractors to log mileage accurately and submit it for reimbursement. It also simplifies tax filing by categorizing expenses with specific tags and categories linked to the tax time schedules.
8. Platform and Mobile Functionality
- Hubdoc is a cloud-based service, so it is neither self hosted nor on premise. Access is available via web and mobile app with an internet connection. This ensures the bookkeeper and clients can access records at any date.
- Expensify is cloud-native and offers a robust mobile app and web platform. This allows employees to immediately track and submit expenses, saving time spent completing reports 之后.
9. Security and Technical Triggers
- Hubdoc protects clients’ 安全 by storing unlimited bookkeeping records in the cloud. If an action you just performed triggered the security solution and the page is blocked, the site owner to let you access requires you to email the site owner with the cloudflare ray id found and ip to resolve the issue.
- Expensify maintains high security standards, protecting online attacks by using a security service. If the system detects a sql command or malformed data or a block including submitting a certain word or phrase, the several actions that could trigger a security block will prevent you from being unable to access the service until the block is resolved and the command or malformed data is cleared.
What to Look for in an Accounting Software?
选择正确的 会计 software is crucial. Here are key insights to consider:
- Integration Needs: Ensure it connects seamlessly with your existing banking and accounting platforms (e.g., Xero, QuickBooks). A solid integration strategy allows you to easily track expenses and manage accounts receivable.
- Automation Capabilities: Look for features that significantly reduce manual data entry, like aDocument document fetching and optical character recognition. Automation in your billing period means less effort for your team. You can set up systems to process customers’ payments quickly and securely.
- Mobile Accessibility: A strong mobile app is essential for on-the-go expense tracking and document capture. The best apps let you track mileage and manage 时间跟踪 while you’re out, ensuring all business costs are accurately captured.
- Approval Workflows: If you have a team, robust approval workflows are critical for efficient spend management. Efficient workflows ensure timely approval of purchases and allow you to run payroll and manage contractor payments without unnecessary delays.
- 可扩展性: Wisely pick a solution that can grow with any of your business, whether you’re a freelancer or a growing enterprise.The right software should provide strong budgeting tools and the ability to quickly send invoices to your customers, helping you run your business efficiently..
最终裁决
After comparing Expensify and Hubdoc side-by-side.
We pick Expensify for most businesses. Why?
It’s simply better at handling all your expense management needs from start to finish.
We’ve used these tools ourselves so that you can trust our advice.
Expensify really shines with its smart receipt scanning and quick approval features.
Even though it might not have a full free version for teams.
More of Expensify
- Expensify vs Puzzle:该软件专注于为初创企业提供人工智能财务规划。其对应产品是个人理财。
- Expensify vs Dext:这是一款用于记录收据和发票的商业工具。另一款工具用于跟踪个人支出。
- Expensify vs Xero:这是一款面向小型企业的流行在线会计软件。其竞争对手的产品面向个人用户。
- Expensify vs Synder:此工具可将电子商务数据与会计软件同步。其替代方案则专注于个人理财。
- Expensify vs Easy Month End:这是一款简化月末任务的商业工具。它的竞争对手是个人财务管理工具。
- Expensify vs Docyt:一个项目利用人工智能进行商业记账和自动化。另一个项目则将人工智能用作个人理财助理。
- Expensify vs Sage:这是一款功能全面的商业会计套件。它的竞争对手是一款更易于使用的个人理财工具。
- Expensify vs Zoho Books:这是一款面向小型企业的在线会计工具。其竞争对手的产品是面向个人用户的。
- Expensify vs Wave:这为小型企业提供免费的会计软件。其对应版本专为个人设计。
- Expensify vs Hubdoc:这款应用专门用于簿记文档采集。其竞争对手是一款个人理财工具。
- Expensify vs QuickBooks:这是一款知名的企业会计软件。它的替代方案专为个人理财而设计。
- Expensify vs AutoEntry:旨在实现企业会计数据录入的自动化。它的替代方案是个人理财工具。
- Expensify vs FreshBooks: This is accounting software for freelancers and small businesses. Its alternative is for personal finance.
- Expensify 与 NetSuite: This is a powerful business management suite for large companies. Its competitor is a simple personal finance app.
More of Hubdoc
- Hubdoc vs Puzzle:该软件专注于为初创企业提供人工智能财务规划。其对应产品是个人理财。
- Hubdoc vs Dext:这是一款用于记录收据和发票的商业工具。另一款工具用于跟踪个人支出。
- Hubdoc vs Xero:这是一款面向小型企业的流行在线会计软件。其竞争对手的产品面向个人用户。
- Hubdoc vs Synder:此工具可将电子商务数据与会计软件同步。其替代方案则专注于个人理财。
- Hubdoc vs Easy Month End:这是一款简化月末任务的商业工具。它的竞争对手是个人财务管理工具。
- Hubdoc vs Docyt: This uses AI for business bookkeeping and 自动化. The other uses AI as a personal finance assistant.
- Hubdoc vs Sage:这是一款功能全面的商业会计套件。它的竞争对手是一款更易于使用的个人理财工具。
- Hubdoc vs Zoho Books:这是一款面向小型企业的在线会计工具。其竞争对手的产品是面向个人用户的。
- Hubdoc vs Wave:这为小型企业提供免费的会计软件。其对应版本专为个人设计。
- Hubdoc vs Expensify:这是一个企业费用管理工具。另一个用于个人费用跟踪和预算。
- Hubdoc vs QuickBooks:这是一款知名的企业会计软件。它的替代方案专为个人理财而设计。
- Hubdoc vs AutoEntry:旨在实现企业会计数据录入的自动化。它的替代方案是个人理财工具。
- Hubdoc vs FreshBooks: This is accounting software for freelancers and small businesses. Its alternative is for personal finance.
- Hubdoc vs NetSuite: This is a powerful business management suite for large companies. Its competitor is a simple personal finance app.
常见问题
What is the main difference between Hubdoc vs Expensify?
Expensify is primarily an expense management tool focused on 报告 and reimbursements. Hubdoc is more about document management, automating the collection and extraction of data from various financial documents for your accounting software.
Is there a free version for Expensify or Hubdoc?
Expensify offers a free version for individuals with limited scans. Hubdoc does not have a permanent free version, but it provides a free trial and is often included with Xero subscriptions.
Which is better for small businesses, Expensify or Hubdoc?
Expensify is generally better for 小型企业 for comprehensive expense management. If your main need is automated document collection to feed into your accounting software, Hubdoc could be a strong choice.
Can both Expensify and Hubdoc integrate with my accounting software?
Yes, both can integrate with popular accounting software. Expensify integrates widely for expense reporting. Hubdoc has strong integrations, especially with Xero and QuickBooks Online, to push extracted document data.
How do Expensify vs Hubdoc handle receipts?
Both allow you to snap a photo of receipts. Expensify uses SmartScan for creating direct expense reports, and Hubdoc uses optical character recognition to extract data from receipts and other documents for general financial record-keeping.