Spendesk vs Dext Prepare Comparison

96% 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

Spendesk

Expense Management Software

4.7 635 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

Spendesk is a management solution that allows the company’s finance teams to manage spend approvals, company cards, invoice management, expense reimbursements, and automated accounting. Spendesk is a scalable solution that is designed to evolve with the organization. It allows users to generate single-use, capped virtual cards for a one-off purchase, preventing internal and external fraud risk. The organizations can reduce risk over pre-payment approvals and unique virtual cards by centralizing control over employee spending. Users can also set limits by defining teams and individual thresholds. Users can streamline approvals by decentralizing authority and defining approval workflows which will give total visibility on spending. Spendesk is an ingenious tool that provides a report that shows a company's purchase history with a full audit trail of requests, reviews, approvals, and exports. Users can view consolidated data for all team transactions in real-time with all vital payment information. This enables them to regulate cash flow and anticipate upcoming supplier payments. 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
Offers Custom plan.

Free Trial Available

SW Score & Breakdown

96% 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

88%
Momentum

69%
Popularity

92%

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	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

Reviews & Ratings

User Rating	4.7/5 635 user ratings	4.6/5 321 user ratings
Rating Distribution	Excellent 81.3% Very Good 15.3% Average 1.4% Poor 0.5% Terrible 1.6%	Excellent 71.3% Very Good 22.4% Average 2.8% Poor 1.2% Terrible 2.2%
User Sentiments	Easy to Use Interface, Virtual Card Creation, Receipt Scanning and Upload, Quick Expense Reimbursements Virtual Card Payment Issues, Receipt Recognition Errors, Account/Payment Access Issues, Slow Customer Support Response	Not Available
Review Summary	Spendesk, a spend management solution, has garnered both praise and criticism from users. Reviewers commend its user-friendly interface, real-time tracking capabilities, and robust expense management features. However, some users have expressed concerns regarding occasional technical glitches, limited customization options, and the need for improved customer support. Additionally, discrepancies in pricing information and occasional difficulties in integrating with accounting software have been noted. Overall, while Spendesk offers a comprehensive suite of features, there is room for improvement in certain areas to enhance user satisfaction and address pain points.	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.
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Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Available
Pricing Plans Monthly Plans Annual Plans	Starter Custom Essentials Custom Scale Custom	Business Others Business Plus Others Premium Others
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