Xero has bolstered its machine learning capabilities for document processing and extraction using technology from Hubdoc, a company that the cloud accounting firm acquired last year for $70 million.

Xero’s email-to-bill feature also now works in tandem with Hubdoc, where a user can use either the document management solution or choose to auto-forward bills to a Xero email address to extract ...

Xero (ASX: XRO) has acquired Hubdoc, a leading data capture solution that helps accountants, bookkeepers, and small businesses streamline administrative tasks such as financial document collection ...

About Xero Xero is a beautiful, easy-to-use global online platform for small businesses and their advisors. The company has 1.4 million subscribers in more than 180 countries.

Accounting service Xero announced today that it has acquired Toronto-based document management startup Hubdoc for $70 million USD, in cash and equity.

But last week, after barely four months in those offices, Hubdoc announced that it had been acquired by Xero Ltd. – another leading cloud accounting firm – putting the New Zealand-based ...

Xero says Hubdoc will continue to operate as a standalone business within Xero and be led by its founders, Jamie McDonald and Jamie Shulman. It says Hubdoc has been a Xero ecosystem partner since 2014 ...

Both Hubdoc and Xero are born-in-the-cloud companies with a shared vision for delivering innovative solutions that make it is easier for accountants and small businesses to share data, uncover ...