Dext is a UK-based software company focused on automation for bookkeeping and accounting. It started in 2010 and is headquartered in London.
The company serves customers in over 100 countries. Michael Wood founded it, and as of 2025, Adrian Blair leads the executive team as CEO.
Dext helps accountants, bookkeepers, and businesses save time by automating manual data entry and document collection. Its platform is trusted by over 1 million users worldwide.
That includes 12,000 accounting firms and more than 700,000 businesses. The software supports bookkeeping workflows, making your daily tasks much easier.
In 2021, Receipt Bank rebranded as Dext. This change showed their vision going beyond just managing receipts.
Since then, they expanded integrations to support over 30 accounting platforms and 11,500 financial institutions. They also focus on AI-powered data extraction to boost accuracy.
In 2024, Dext invested more in machine learning and launched new features aimed at improving productivity for both accountants and small businesses.
It’s clear they want to make your bookkeeping as smooth and efficient as possible.
| Dext (Formerly Receipt Bank) – Quick Overview | |
|---|---|
| What It Does | Automates bookkeeping by extracting data from receipts, invoices & bills using AI. Integrates with 30+ accounting platforms and 11,500+ banks. |
| Best For | • Accounting and bookkeeping firms handling multiple clients • Small to medium businesses with significant transaction volume • E-commerce retailers selling across channels • Finance teams wanting to reduce manual bookkeeping |
| Key Products | Dext Prepare (receipt/invoice capture) • Dext Precision (data quality/analytics) • Dext Commerce (e-commerce sales data) |
| Pricing | $20-80+/month depending on plan and usage • Dext Precision starts at $25/month • Dext Commerce starts at $49/month • 14-day free trial with no credit card required |
| Standout Features | • AI-powered data extraction • Multi-channel document capture • Bank & e-commerce integration with 11,500+ financial institutions • Real-time data processing and sync • Automated supplier & expense rules |
| Integrations | Xero, QuickBooks Online, Sage, MYOB, Amazon, Shopify, eBay, Etsy + 30+ accounting platforms |
| Get Started | Start 14-Day Free Trial → |
Dext Solutions
Dext offers a suite of cloud-based tools.
These tools help you automate and simplify financial operations, saving you time and hassle.
1. Dext Prepare
This is the flagship product.
It automates the collection, categorization, and management of receipts, invoices, and other expense documents.
Dext Prepare uses AI to extract line-item data. It then syncs directly with popular accounting software like Xero and QuickBooks Online.
It’s made for accountants, bookkeepers, and small businesses looking to reduce manual work.
2. Dext Precision
This tool focuses on data quality, audit, and advisory insights.
It scans your accounting data for errors, duplicates, and inconsistencies. This helps you catch mistakes before they cause problems.
Using Dext Precision, you can improve reporting accuracy and make better business decisions through reliable insights.
3. Dext Commerce
Dext Commerce suits businesses working in e-commerce.
It automates the reconciliation of sales and expenses from platforms like Amazon, Shopify, eBay, and Etsy.
It supports multi-channel, multi-currency data and works well with your accounting system.
Other Highlights
All of Dext’s products are cloud-based.
You can access them through both web and mobile apps, which is great if you’re often on the move.
Integration is a big plus with Dext.
It connects with over 30 accounting software platforms including Xero, QuickBooks Online, Sage, and MYOB.
Plus, it links to more than 11,500 banks and financial institutions.
You’ll also find direct integrations with digital payment processors and e-commerce solutions.
Dext is particularly popular with accounting firms.
But plenty of small and medium businesses also use it to automate expense management, bookkeeping, and financial reconciliation.
Dext Features
1. Automated Data Extraction
Advanced AI scans receipts, invoices, and bank statements. It digitizes, categorizes, and extracts all the essential details for you.
This pretty much eliminates manual data extraction. So you spend less time fixing errors and more time on other tasks.
2. Multi-Channel Document Capture
You can submit documents by mobile app, email, drag-and-drop on the web, or through direct supplier connections.
For teams, this means faster and more consistent capture of spend data, no matter where it comes from.
3. Bank and E-commerce Integration
Dext connects with over 11,500 financial institutions worldwide and top e-commerce platforms.
It automatically fetches transactions and reconciles accounts so your books reflect all business activity with minimal effort.
4. Real-time Processing and Sync
The software processes and publishes data to your accounting platforms instantly.
This keeps your financial records updated, letting you make timely reports and monitor cash flow closely.
5. Supplier & Expense Rules
You can set up automated coding and categorization for regular suppliers, expense types, or employee spend.
This leads to consistent bookkeeping and accurate spend allocation, which helps with better analysis and staying tax-compliant.
6. AI-Powered Insights (Dext Precision)
This feature flags duplicates, uncategorized expenses, potential fraud, and other data inconsistencies.
It helps you keep your books clean and audit-ready by catching issues early.
7. Mobile Apps
Dext offers apps for iOS and Android to capture and submit expenses on the go.
Managers can review and approve expenses from anywhere, which speeds up workflows whether your team is remote or in the office.
8. Security and Compliance
Your data is encrypted during transit and while stored, with strong access controls and GDPR compliance in place.
Audit trails are maintained for all document submissions and approvals, which supports regulatory requirements.
What really stands out about Dext features is how many integrations it offers alongside highly accurate AI data capture.
It’s built not just for document collection (Prepare) but also for data quality and auditing (Precision).
Plus, its automation of e-commerce bookkeeping (Commerce) makes it a big help for online retailers.
Dext Pricing Plans
Dext offers some flexible subscription plans that work well whether you run a small business or manage a larger accounting firm.
You’ll find plans designed for solo users as well as growing teams and enterprises with more complex needs. All these options come with the essentials like receipt and invoice processing, plus extra perks depending on the plan you pick.
There’s also a free 14-day trial with no credit card needed. So, it’s easy to test the features before you commit.
| Plan | Price & Features |
|---|---|
| Solo Plan | Around $20/month (billed annually) • Up to 5 clients • Core receipt and invoice processing • Mobile app and core integrations |
| Business Plan | From $40/month (billed annually) • Up to 20 clients • Multi-user access • Higher usage limits and advanced automation |
| Premium/Advanced Plans | Custom quoted, from $80/month • More than 20 clients • Dedicated onboarding • Custom usage limits and API access • Top-tier support |
| Dext Precision | From $25/month • Add-on or standalone • Audit, detailed reporting, and advisory features |
| Dext Commerce | From $49/month • Small e-commerce sellers • Scalable plans for multi-channel businesses • Higher transaction volumes and expanded support |
Dext pricing has seen some modest increases recently, but that comes with extra automation and better data quality features.
Pricing may vary depending on your location or if you qualify for volume discounts. It’s a good idea to reach out to Dext sales if your firm has more complex requirements.
If you want to see how it fits your workflow, you can learn more about Dext pricing and even start your free trial.
Dext Alternatives
Here’s how Dext compares with its main competitors.
Each one offers something a bit different depending on what you need from your bookkeeping or expense management software.
You might find some tools better for small teams, while others target larger firms with specific workflows.
| Competitor | Their Strengths | Dext Advantage |
|---|---|---|
| Hubdoc | Owned by Xero; similar document capture but fewer integrations and less advanced AI. | Broader integrations, higher accuracy |
| Expensify | Strong on employee expense management, less on bookkeeping automation for firms. | Better for accounting firm workflows |
| AutoEntry | Strong data extraction, but slower processing and fewer audit tools. | Audit & data-quality features |
| Receipt Bank | Now rebranded as Dext; Dext is simply the next evolution with a broader platform. | N/A |
| Veryfi | Real-time data extraction, strong privacy focus, less focus on firm-level workflows. | Scales better for large firms, richer reporting |
Dext’s pricing sits in the mid-range.
It’s usually pricier than basic tools like Hubdoc but often more affordable and fully featured compared to premium ones like Veryfi.
When you add up all the features, deeper accounting integrations, data quality and audit tools, plus e-commerce support, Dext stands out as a solid choice among Dext alternatives.
Who Should Use Dext
1. Accounting and bookkeeping firms
If you handle multiple clients, Dext can help you automate document collection, data entry, and reporting workflows. It saves time by cutting down all the repetitive tasks.
This makes managing many clients much smoother and less stressful.
2. Small to medium businesses (SMBs)
If your business deals with a lot of transactions or has complex expense management, Dext fits well.
It handles volume and complexity better than basic tools, helping you keep everything under control without spending too much time on it.
3. E-commerce retailers
Selling across various channels? Dext offers integration and reconciliation that can really simplify your accounting.
It connects your sales data directly to your bookkeeping, which keeps errors low and saves you headaches.
4. Finance teams
If your team wants to reduce manual bookkeeping and improve accuracy, Dext can be a game changer.
It helps cut down the busy work so your team can focus on more valuable tasks.
Dext works best where speed, accuracy, and flexible integration matter most.
So if you use cloud accounting platforms and want to spend less time on admin, it’s a solid choice.
If your needs are very simple or you only process expenses occasionally, you might find a lighter or cheaper tool enough.
But when your business grows in complexity or volume, Dext’s automation and analytics tools really start to pay off.
Bottom Line
Dext transforms bookkeeping by automating data entry, document management, and financial reporting.
It integrates well and uses AI to extract data with high accuracy.
You’ll find tools made specifically for accountants, bookkeepers, and tech-savvy SMBs.
Keep in mind, it’s pricier than basic options, and some features only come with higher-tier plans.
If you’re a casual user or run a micro-business, simpler tools might do the job.
But if you want to save time and cut bookkeeping errors, Dext is worth it.
It’s great for firms and businesses ready to invest in solid, scalable financial operations.
Start a trial of Dext to see how it fits your needs.
