The HubSpot invoice tool: opportunities, challenges and prospects

HubSpot invoice tool | Advertising

Zuletzt aktualisiert: 28.11.2024

Digitalization is changing the way companies design their processes - including in accounting. With the new HubSpot invoicing tool, the CRM giant is launching a product on the market that is designed to simplify and automate accounting processes. But how powerful is the tool really? In this article, we highlight the strengths and weaknesses of the HubSpot invoicing tool and show how companies can benefit from it.

A first look at the HubSpot invoicing tool

The HubSpot invoicing tool is a promising feature for companies that already rely on the HubSpot environment. It offers an intuitive user interface that can be seamlessly integrated into existing CRM and marketing processes. This makes the entire invoicing process more transparent and easier to handle - at least for basic requirements.

Advantages at a glance:

  • User-friendliness: The intuitive operation enables a quick start, even without extensive prior knowledge.
  • Integration: As part of the HubSpot platform, the invoicing tool fits seamlessly into existing workflows.
  • Automation: Recurring invoices or payment requests can be automated, saving valuable time.
 

Challenges in use

As promising as the tool is, it is also clear that the HubSpot invoicing tool is still in its infancy in some areas. The lack of integration with bank accounts is particularly noticeable, which makes the accounting process more difficult for many companies. There are also still hurdles when it comes to connecting with common accounting software such as DATEV or LexOffice.

Challenges in detail:

  • No bank account integration: manual processing of payments remains necessary for the time being.
  • Limited functions for German-speaking countries: Tools such as LexOffice or DATEV are only compatible to a limited extent.
  • CPQ processes: For more complex requirements, such as those offered by DealHub, HubSpot is currently not a fully-fledged solution.

HubSpot Rechnungswesen Tool | Pinkes Männchen sitz am Schreibtisch

Best practices for companies

Despite its limitations, the HubSpot invoicing tool can help companies digitize their accounting processes. Here are some recommendations on how companies can use the tool effectively:

  1. Gradual introduction: start with basic functions such as creating and automating invoices before integrating more complex processes.
  2. Use additional tools: External software solutions such as LexOffice or DealHub can be integrated for specific requirements.
  3. Prioritize automation: Utilize the tool's automation options to make recurring tasks such as reminders or payment reconciliation efficient.

Future prospects for the HubSpot invoice tool

The HubSpot invoicing tool has the potential to become a central component of modern accounting processes. Continuous further development will be crucial in order to overcome challenges such as missing integrations. The question of how automation and artificial intelligence can be used to further increase efficiency in accounting remains particularly exciting.

Conclusion

The HubSpot invoicing tool offers a promising opportunity to digitize and optimize accounting processes. It is particularly suitable for companies that want to bundle their entire customer communication and accounting in one platform. Nevertheless, it is clear that there is still room for improvement for companies with more complex requirements or specific regional needs.

Looking to the future, HubSpot should prioritize integration with bank accounts and external accounting software in order to create a comprehensive and powerful tool. Until then, it will be exciting to see how the HubSpot invoice tool develops and what new features are added.

If you want to stay up to date with the latest trends in CRM in the financial sector, subscribe to our free newsletter here.

HubSpot Rechnungstool: Wie gut ist es wirklich? | CPQ - Rechnungen erstellen mit HubSpot | Ep. #025
2024-11-25  39 min
HubSpot Rechnungstool: Wie gut ist es wirklich? | CPQ - Rechnungen erstellen mit HubSpot | Ep. #025
CIXON Boosts Your Business - Der CRM-Podcast
Play
Was euch in dieser Folge erwartet:
  • Das HubSpot Rechnungstool ist einfach und intuitiv.
  • Automatisierung bietet große Chancen im Rechnungswesen.
  • Integration zu Bankkonten ist ein wesentlicher Entwicklungsschritt.
  • LexOffice und DealHub sind relevante, aber nicht universelle Alternativen.
  • HubSpot erfüllt einen spezifischen Zweck und sollte kontinuierlich weiterentwickelt werden.
Featured speakers:
author image
Stefan Wendt
CEO
author image
Dominik Enzler
Account Executive
Jetzt Aufzeichnung anschauen:

Weitere Artikel

Inbound 2024 - Breeze & Agent AI - Beitragsbild mit Stefan Wendt und Benjamin Leupold auf dunklem Hintergrund

INBOUND 2024: Insights & The future of AI in CRM - Breeze & Agent AI

The INBOUND conference in Boston is an annual highlight for the marketing, sales and service industr...
Change Management Hero Image

Successful change management for CRM projects

In today's digitalized business world, effective change management is essential for the successful i...