Hubdoc vs ReceiptsAI

Hubdoc collects bills, receipts and statements, extracts key information, and organizes the documents in cloud storage. Users can add paperwork by photographing it in the mobile app, forwarding email, or scanning and uploading files. Extraction from receipts, invoices and bills is intended to reduce manual data entry, while Supplier Rules automate document coding. Hubdoc sorts documents into searchable, customizable folders and supports searches for matching keywords or phrases. It can publish documents and their data to Xero, QuickBooks Online and Bill.com, and create document copies in Box. The service is available on web, Android and iOS. Hubdoc says it helps accountants and bookkeepers save time and scale their practices, and helps small and medium businesses manage paperwork. It is included as a service in scope of Xero’s SOC 2 Type II report; Xero states that it is ISO/IEC 27001:2013 certified and has annual independent audits. Support is available through Xero Central, with a separate support option for people without a Xero login. The Hubdoc plan costs $12 a month, with unlimited usage and multiple collaborators, after a 30-day free trial. The trial requires no credit card.

ReceiptsAI is AI bookkeeping software that extracts and organizes data from receipts, invoices, and bank statements. It captures details such as merchant names, dates, amounts, taxes, and currencies. Bank statements are accepted as PDFs, while receipts and invoices can be JPG, JPEG, or PNG files; users can upload documents or forward them by email. Expenses are categorized automatically, with custom categories and rules available. Exports include CSV, Excel, and PDF reports for accounting software. Premium adds automatic matching between bank transactions and receipts, as well as connected Gmail or Outlook mailboxes for receipt forwarding. The service runs on Android, iOS, and the web. Its free plan costs nothing and includes 30 one-time credits, with one processed page using one credit. Starter costs $12 a month, billed $144 annually; Premium costs $24 a month, billed $288 annually; Premium+ costs $39 a month, billed $468 annually.