Receipt Bank vs Dext Prepare Comparison

Receipt Bank

Expense Management Software

4.5 1,532 user ratings

Get Free Advice

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

Visit Website

Overview

Description

Receipt Bank is a paperless expense management platform that connects accountants, bookkeepers, and businesses all around the world. It has the highest accuracy of any cloud app when scanning critical details from papers. Your clients can send you documents in a variety of ways, including through app, email, post, and more, with Receipt Bank. They send reminders to your clients' phones regularly to assist them to stay on top of their spending. All photos and collected data are saved in the cloud in a secure and compliant manner. Client data can be exported to CSV, PDF, or published to their cloud platform, along with an image. Its practice efficiency features allow you to have a better understanding of your firm's overall performance while also saving time. You can boost productivity by devoting time formerly spent on customer paperwork to other areas of the company. Furthermore, you will be able to engage with your client frequently about their business via in-app live discussion on specific things supplied and costs. 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 Available
Offers Custom plan.

Free Trial Available

SW Score & Breakdown

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	7 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. 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. Reimbursement Management Helps in managing employee expenses claims and regularize the approval process. 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 + 4 More - Show Less	Bank Feed Sync Can sync with bank notification and fetch expenses to make entries in the record book. 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. Reimbursement Management Helps in managing employee expenses claims and regularize the approval process. 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	Large Enterprises Medium Business Small Business	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) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	Available	NA

Reviews & Ratings

User Rating	4.5/5 1,532 user ratings	4.6/5 321 user ratings
Rating Distribution	Excellent 76.4% Very Good 14% Average 0.9% Poor 1.1% Terrible 7.5%	Excellent 71.3% Very Good 22.4% Average 2.8% Poor 1.2% Terrible 2.2%
User Sentiments	Accurate Data Extraction, Time-Saving Efficiency, Seamless Integrations with Accounting Software, User-Friendly Mobile App Occasional Data Extraction Errors, Limited Invoice Fetch Functionality, Lack of Sales Invoice Processing, Confusing Client Account Management	Not Available
Review Summary	Receipt Bank is generally well-received by users, earning praise for its user-friendly interface, OCR technology, and seamless integration with accounting software. Reviewers find it efficient in organizing and categorizing receipts, saving time and reducing manual data entry. Additionally, the mobile app is lauded for its convenience in capturing receipts on the go. However, some users have reported occasional technical glitches and suggest improvements in invoice processing and customer support. Overall, Receipt Bank is considered a reliable and efficient tool for managing receipts, helping businesses streamline their expense management processes.	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.
	Read All User Reviews	Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Available Offers Custom plan.	Free Trial Available
Pricing Plans Monthly Plans Annual Plans	Streamline Custom Optimize Custom	Business Others Business Plus Others Premium Others
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Expensify 4.6 4,422 ratings Receipt Bank Vs Expensify aCloud Expense 4.4 12 ratings Receipt Bank Vs aCloud Expense Capture Expense Receipt Bank Vs Capture Expense Access Expense 4.3 10 ratings Receipt Bank Vs Access Expense Webexpenses 4.3 1,259 ratings Receipt Bank 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 Receipt Bank Alternatives	View All Dext Prepare Alternatives