Expensify
Automate your pre-accounting, expense management, and corporate spend through a single AI-powered financial chat app.
Automate financial document collection and data entry for seamless accounting reconciliation.
Hubdoc, acquired by Xero in 2018, serves as a mission-critical data capture and document aggregation engine for modern accounting workflows. Its technical architecture centers on high-precision Optical Character Recognition (OCR) and a proprietary automated fetching engine that logs into over 700 global utility providers, banks, and telecom portals to retrieve digital statements and invoices. By 2026, Hubdoc has solidified its position as the standard 'front-end' for the Xero ecosystem, though it maintains standalone compatibility with QuickBooks Online and Bill.com. The platform utilizes advanced machine learning models to extract key data points—such as supplier name, date, invoice number, and total amount (including tax breakdowns)—with minimal user intervention. Once data is captured, Hubdoc’s synchronization engine maps this data to the chart of accounts, facilitating one-click publishing to ledger software. Its infrastructure is designed for high-volume compliance, offering immutable digital storage that satisfies audit requirements in major jurisdictions including the US, UK, Canada, and Australia. The 2026 market position emphasizes 'zero-touch' accounting, where the majority of standard overhead expenses are fetched, processed, and reconciled without manual document handling.
Uses secure credential storage to programmatically log into vendor portals and download invoices as soon as they are issued.
Automate your pre-accounting, expense management, and corporate spend through a single AI-powered financial chat app.
Real-time AI accounting automation for multi-entity business intelligence.
Enterprise-grade AI receipt parsing with LLM-powered line-item extraction and fraud detection.
Automated data entry for accountants and bookkeepers via AI-driven OCR and ledger synchronization.
Verified feedback from the global deployment network.
Post queries, share implementation strategies, and help other users.
Proprietary OCR engine optimized for low-light receipt photos and complex multi-page PDF invoices.
Automatically organizes documents into a hierarchical folder structure based on vendor name and date.
Hashes document data to identify and flag duplicate invoices before they reach the general ledger.
Identifies currency symbols and codes, converting them based on the ledger's base currency if configured.
Allows documents to be pushed to accounting software with an associated payment record, closing the AP loop.
Unique ingest email address that parses attachments and ignores body signatures or non-invoice images.
Manual login to multiple portals (Electric, Water, Internet) to download bills.
Registry Updated:2/7/2026
Lost receipts and delayed expense reporting from employees in the field.
Difficulty locating physical source documents during tax audits.