Dext
Automate your bookkeeping by capturing receipts and invoices in seconds
Dext remains a top-tier tool for OCR accuracy and seamless accounting integrations. However, recent significant price hikes and issues with complex purchase order matching have led some small business owners to seek alternatives.
Why we love it
- Extremely accurate data extraction saves manual work
- Reliable integration with major accounting software
- Easy-to-use mobile app for capturing receipts on the go
Things to know
- Subscription costs have tripled for some users
- Line-item extraction can be expensive or fidgety
- Matching POs with many line items is difficult at scale
About
Dext (formerly Receipt Bank) automates the pre-accounting process for businesses and accountants. It uses high-accuracy OCR to extract data from receipts, invoices, and bank statements, syncing directly with Xero, QuickBooks, and Sage. It is designed to save time on manual data entry and ensure tax compliance.
Key Features
- ✓99% accurate OCR extraction
- ✓Seamless Xero/QuickBooks integration
- ✓Mobile app receipt capture
- ✓Line item extraction
- ✓Supplier rule automation
Frequently Asked Questions
Dext adjusted its pricing model, which resulted in significant cost increases (up to 3x) for some legacy users, prompting discussions about alternatives like Hubdoc.
Dext generally offers superior OCR accuracy and handles line items better than Hubdoc, but Hubdoc is often cheaper (or free with Xero) and sufficient for simpler needs.
Yes, Dext supports PO matching, but users have reported it can be clunky when dealing with numerous suppliers and line items.