Expensify vs Dext Prepare Comparison

98% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Expensify

Expense Management Software

4.6 4,422 user ratings

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78% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Dext Prepare

Expense Management Software

4.6 321 user ratings

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Overview

Description

Expensify is a US-based software company that offers expense management software for both individual and group use. The products are available as a web service that can be used with any computer browser and comes in the form of mobile application as well. It carries all essential functionality like allowing employees/user to upload receipts and request reimbursement. All expenses are recorded automatically, which in turn, are used to prepare expense reports based on the projects, types of expenses, etc. One can approve reimbursement directly from the software without any need to use a third-party money transfer application. The app tracks every expense incurred on food, travel, fuel, etc and uses artificial intelligence to extract information such as merchant’s name and date of expense from the uploaded receipt. Moreover, it also allows users to download their respective expense report. Expensify integrates with applications like Xero, Workday, Intacct and a few more. The company also has several partners like Uber, TripActions and Locomote that enable the user to automatically import expenses incurred for taking services from these partner companies. Read more

Dext Prepare is an intuitive accounting solution that combines real-time accurate data with practise productivity tools. Dext Prepare comes loaded with a set of powerful tools that help in gaining real-time insights, making the business productive and profitable. By setting up supplier rules, code categorisation becomes possible for saving time and tax deductibles. Smart Items helps in categorising data and labelling each line item accordingly. Smart Split allows the division of receipts by nominal code, description or percentage. This, in turn, cuts out on a lot of paperwork. An in-built chat feature allows seamless communication while operating over the platform. This makes real-time collaboration easier. Further, Dext Prepare connects to the client company’s bank account to match costs and paperwork. It also provides an intuitive feature for creating bespoke dashboards to present accurate financial pictures and track team workflows fulfilling various support needs. A dashboard also helps in keeping track of the ongoing progress on bookkeeping productivity, enabling better allocation of the existing resources. Read more

Pricing Options

Free Trial Not Available
Starts at $5.0.

Free Trial Available

SW Score & Breakdown

98% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

100%
Reviews

94%
Momentum

70%
Popularity

95%

78% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

77%
Reviews

78%
Momentum

61%
Popularity

77%

Features

Total Features	14 Features	6 Features
Common Features for All	Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book. Card Spending Tracker Automatically tracks the expense done using a linked debit or credit card. Expense Approval Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected. Mileage Tracking Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports Multi-level Approval A sequential and thorough review process to approve expenses. Multiple Reporting Currency Reports entries from different origin currencies in the native exchange rate. Receipt Management Store and manage receipts of the expenses incurred by the employees. Receipt Scanner OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go. Reconciliation Summary A statement prepared to report total outstanding payments and receipts. Reimbursement Management Helps in managing employee expenses claims and regularize the approval process. Spend Control To reduce spending and prevent unauthorized use by setting transactional control. Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization. Third-party Integration Offers synchronization with third-party applications Time & Expense Tracking Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects + 11 More - Show Less	Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book. Card Spending Tracker Automatically tracks the expense done using a linked debit or credit card. Expense Approval Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected. Mileage Tracking Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports Multi-level Approval A sequential and thorough review process to approve expenses. Multiple Reporting Currency Reports entries from different origin currencies in the native exchange rate. Receipt Management Store and manage receipts of the expenses incurred by the employees. Receipt Scanner OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go. Reconciliation Summary A statement prepared to report total outstanding payments and receipts. Reimbursement Management Helps in managing employee expenses claims and regularize the approval process. Spend Control To reduce spending and prevent unauthorized use by setting transactional control. Tax Claim Helps with tax reclaim on expenses and maximizes the tax benefit of the organization. Third-party Integration Offers synchronization with third-party applications Time & Expense Tracking Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects + 3 More - Show Less

Technical Details

Organization Types Supported	Individuals Freelancers Large Enterprises Medium Business Small Business	Individuals Freelancers Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	24/7 (Live rep) Online	24/7 (Live rep) Online
API Support	Available	NA

Reviews & Ratings

User Rating	4.6/5 4,422 user ratings	4.6/5 321 user ratings
Rating Distribution	Excellent 71% Very Good 21.5% Average 3.5% Poor 0.7% Terrible 3.2%	Excellent 71.3% Very Good 22.4% Average 2.8% Poor 1.2% Terrible 2.2%
User Sentiments	Easy to Use Interface, Receipt Scanning Accuracy, Mobile App Functionality, Fast Reimbursements Inconsistent Smartscan Feature, Confusing Expense Reporting System, Limited Credit Card Compatibility, Unreliable Mobile App Performance	Not Available
Review Summary	Overall, Expensify garners praise for its user-friendly interface, robust expense tracking capabilities, and seamless integration with various accounting software. Reviewers appreciate its mobile app for its convenience and real-time expense capture. However, some users express concerns regarding occasional glitches and limited customization options. Expensify's customer support receives mixed feedback, with some users commending their responsiveness, while others encounter delays and unsatisfactory resolutions. Overall, Expensify is viewed favorably for its ease of use and expense management features, but it could benefit from enhanced customization and more consistent customer support.	User reviews of Dext Prepare highlight its ability to automate expense management tasks, saving significant time and effort. Many users praise its integration with accounting software like Xero and QuickBooks, as well as its efficient data recognition and supplier rule features. However, some users report occasional issues with data extraction accuracy and limitations with processing certain types of documents, like sales invoices or multi-page PDFs. Pricing concerns are also mentioned, with some finding the cost prohibitive for smaller businesses. Overall, Dext Prepare is considered a valuable tool for streamlining expense management, but users should be aware of potential limitations and pricing considerations.
Pros & Cons	User-friendly interface and robust expense tracking capabilities Seamless integration with various accounting software Convenient mobile app for real-time expense capture Occasional glitches and limited customization options Mixed feedback on customer support responsiveness and resolution quality	Intuitive accounting solution with real-time data insights Powerful tools for time-saving and tax deductibles Seamless communication and collaboration through in-built chat feature Limited integration options compared to other expense management software Lack of advanced features found in some competing products
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Pricing

Pricing Options	Free Trial Not Available Starts at $5.0.	Free Trial Available
Pricing Plans Monthly Plans Annual Plans	Collect $5.00 $5.00 per user / month Control $9.00 $9.00 per user / month	Business Others Business Plus Others Premium Others
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Zoho Expense 4.7 1,090 ratings Expensify Vs Zoho Expense Concur Expense 4.1 7,044 ratings Expensify Vs Concur Expense Capture Expense Expensify Vs Capture Expense Access Expense 4.3 10 ratings Expensify Vs Access Expense Webexpenses 4.3 1,259 ratings Expensify Vs Webexpenses	Receipt Cat 3.8 5 ratings Dext Prepare Vs Receipt Cat Access Expense 4.3 10 ratings Dext Prepare Vs Access Expense Capture Expense Dext Prepare Vs Capture Expense Receipt Bank 4.5 1,532 ratings Dext Prepare Vs Receipt Bank ExpenSys 3.2 268 ratings Dext Prepare Vs ExpenSys
	View All Expensify Alternatives	View All Dext Prepare Alternatives

Screenshots & Videos

Screenshots	+ 1 More	Not Available
Videos

Vendor information

Company Details

Located in: San Francisco, California Founded in: 2008

Located in: London, England Founded in: 2010

Contact Details

Not available

https://www.expensify.com

+44 203 699 5005

https://dext.com/en/bookkeeping-automation-platform

Social Media Handles

Linkedin 15K

Twitter 15K

Facebook 6K

Instagram 5K

Youtube 3K

Linkedin 59K

Twitter 18K

Facebook 16K

Instagram

Youtube

FAQs

What are the key differences between Expensify and Dext Prepare?

Expensify focuses on expense management with features like receipt scanning, reimbursement management, and integration with accounting software. Dext Prepare, on the other hand, emphasizes accounting and bookkeeping with tools for data categorization, smart splitting, and real-time insights.

What are the alternatives to Expensify?

Some popular alternatives to Expensify include Zoho Expense, Concur Expense, Access Expense, Webexpenses, and ExpenSys.

Which SaaS products can Expensify integrate with?

Expensify integrates with various accounting software, including Gusto, Egencia, Sage Intacct, Greenhouse, NetSuite, TripActions, Workday Financial Management, TravelPerk, Bill.com, Zenefits, Quickbooks, Xero, and FinancialForce PSA.

What are the key features of Dext Prepare?

Dext Prepare offers features such as bank feed sync, receipt management, expense approval, multi-level approval, tax claim, third-party integration, and time and expense tracking.

What are the advantages of using Dext Prepare?

Dext Prepare provides real-time insights, automates data categorization, simplifies receipt management, and enables seamless collaboration through its in-built chat feature.