Dext Buyer's Guide
This guide has been created using Cledara’s data to help software buyers make an informed decision on whether
Dext
is the right solution for their business.
Dext, formerly known as Receipt Bank, revolutionizes financial data management by automating the collection, processing, and publishing of financial documents. It streamlines accounting workflows, enabling businesses to capture receipts and invoices effortlessly, thereby saving time, reducing errors, and offering real-time financial insights.
Overview
Open Pricing Index
Dext offers competitive pricing that varies based on company size, ensuring businesses only pay for what they need. With average annual costs ranging from $508 for small teams to $954 for medium-sized businesses, Dext provides a cost-effective solution for automating and optimizing expense management workflows.
Plans and pricing
0-50 Staff
Lower Price
Median Price
Upper Price
0-50 Staff
$
392
$
508
$
602
50-150 Staff
Lower Price
Median Price
Upper Price
50-150 Staff
$
347
$
459
$
526
150-250 Staff
Lower Price
Median Price
Upper Price
150-250 Staff
$
714
$
954
$
1663
Prices are based on real Cledara data and are stated in as yearly costs in USD. The prices are based on the 25th, 50th, and 75th percentile and will include the full cost (including items such as tax)
Cledara’s Take
Many users (8% of Cledara customers) find Dext exceptionally useful for streamlining bookkeeping tasks. It’s praised for its ability to make it easy and less time-consuming, allowing business owners and accountants to focus more on their core tasks.
In terms of features, Dext is quite robust. It integrates well with other financial platforms like QuickBooks, which is a big plus for seamless financial management. Yet, some users would love to see further enhancements, such as better integration with point-of-sale (POS) systems.
Remember that there’s no such thing as the perfect tool, but finding the one that adapts to your needs can make all the difference.
What is Dext used for?
Dext serves as the cornerstone for automating and managing expenses, extracting data from invoices and receipts, and integrating with key accounting software, thereby significantly reducing manual workloads and improving financial accuracy.
Use cases
Automated expense management
Dext automates the capture and categorization of expenses, significantly reducing manual data entry and improving accuracy.
Efficient data extraction
It streamlines the extraction of data from invoices and receipts, facilitating a quicker bookkeeping process.
Seamless accounting integration
Dext integrates with major accounting platforms, ensuring a cohesive and efficient financial management system.
Dext main features
- Automated expense management
Quickly captures and categorizes expenses to save time. - Efficient data extraction
Automates data entry from invoices and receipts for accuracy. - Seamless accounting integration
Offers direct links with QuickBooks, Xero, and others for streamlined operations. - Customizable financial reporting
Allows for tailored reports, providing deep financial insights. - Improved bookkeeping efficiency
Reduces manual efforts in managing financial documentation. - Smart receipt scanning
Facilitates easy capture and digital storage of receipts. - Comprehensive expense tracking
Enables effective monitoring and management of business expenses. - Cloud-based document storage
Securely stores financial documents for anytime access.
What do people think of Dext?
Our analysis compiles reviews from various platforms to present a balanced perspective on Dext’s performance from the user’s viewpoint.
View on G2 (4.5 stars) View on Capterra (4.2 stars)
Dext highlights
- Seamless data integration
Praised for its quick data processing and compatibility with accounting software like Xero. - Time-saving automation
Users value the software’s ability to streamline bookkeeping tasks and automate expense management. - Customizable features
The platform’s accuracy in data recognition and adaptable automation capabilities are highlighted as major benefits.
Dext concerns
- Suitability for larger businesses
Some feedback indicates potential limitations for larger organizations with complex expense approval processes. - Processing times and billing issues
Concerns have been raised about document processing delays and billing practices, including difficulties in subscription cancellation.
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While Dext is highly effective, alternatives like Expensify, QuickBooks Online, and Wave offer varying features and pricing, catering to different needs such as travel expense management, integrated accounting needs, and free services for small businesses.
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