Dext
Dext is an automated bookkeeping solution that captures, categorizes, and publishes financial data from receipts, invoices, and bank statements to simplify your accounting workflows and ensure tax compliance.
TRES Finance
TRES Finance is a comprehensive financial data platform providing automated accounting, auditing, and reporting solutions for businesses managing digital assets across multiple blockchains and decentralized finance protocols.
Quick Comparison
| Feature | Dext | TRES Finance |
|---|---|---|
| Website | dext.com | tres.finance |
| Pricing Model | Subscription | Custom |
| Starting Price | $27/month | Custom Pricing |
| FREE Trial | ✓ 14 days free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2010 | 2021 |
| Headquarters | London, United Kingdom | Tel Aviv, Israel |
Overview
Dext
Dext helps you reclaim the hours spent on manual data entry by automating the collection and processing of your financial documents. You can snap photos of receipts, forward digital invoices via email, or connect directly to thousands of suppliers to fetch bills automatically. The platform uses high-accuracy extraction technology to pull out dates, amounts, and tax information, then categorizes them according to your specific accounting rules.
You can manage your entire financial paper trail in one digital dashboard, ensuring you never lose a deduction or miss a tax deadline. It integrates with your existing accounting tools to keep your books synchronized in real-time. Whether you are a small business owner looking to stay organized or an accountant managing hundreds of clients, Dext provides a centralized hub for all your essential financial records.
TRES Finance
TRES Finance is a dedicated financial data platform designed to help you manage the complexity of digital assets. You can aggregate all your Web3 financial data from hundreds of blockchains, exchanges, and DeFi protocols into a single, verifiable sub-ledger. This allows you to automate your crypto accounting and ensure your books are always audit-ready without manual data entry or spreadsheet errors.
The platform serves enterprises, asset managers, and accounting firms that need to reconcile high volumes of on-chain transactions with traditional financial systems. You can generate detailed financial reports, track cost basis, and monitor your global treasury in real-time. By bridging the gap between blockchain data and GAAP/IFRS standards, you save hundreds of hours on monthly closes and financial audits.
Overview
Dext Features
- Automated Data Extraction Extract dates, suppliers, and currency amounts from your receipts and invoices automatically with over 99% accuracy.
- Direct Supplier Fetch Connect your accounts to over 11,000 suppliers to automatically pull recurring monthly bills and invoices into your dashboard.
- Mobile Receipt Scanning Snap photos of physical receipts on the go using the mobile app to record expenses the moment they happen.
- Bank Statement Processing Convert PDF bank statements into editable CSV or Excel files to make reconciliation faster and more accurate.
- Smart Categorization Set up custom rules that automatically assign tax codes and categories to your documents based on the supplier.
- Digital Document Archive Store your financial records in a secure, tax-compliant digital space for up to ten years for easy audit retrieval.
TRES Finance Features
- Data Aggregation. Connect your wallets and exchange accounts to automatically sync transaction history from over 100 different blockchains and protocols.
- Automated Reconciliation. Match your on-chain activity with internal records automatically to identify discrepancies and ensure your financial data is accurate.
- Smart Labeling. Apply custom labels to your transactions so you can categorize flows and generate granular reports for different business units.
- Audit-Ready Reporting. Generate balance sheets, income statements, and realized gain/loss reports that comply with standard accounting principles like GAAP and IFRS.
- DeFi Tracking. Monitor your positions in liquidity pools, staking, and lending protocols with automated valuation and reward tracking across various chains.
- Cost Basis Calculation. Calculate your cost basis using FIFO, LIFO, or weighted average methods to ensure precise tax and financial reporting.
Pricing Comparison
Dext Pricing
- Up to 5 users included
- 300 items per month
- Mobile app document capture
- Email-in document forwarding
- Direct accounting software integrations
- Secure cloud storage for 10 years
- Everything in Essentials, plus:
- Up to 20 users included
- 600 items per month
- Approval workflow tools
- Expense report generation
- Dedicated account management support
TRES Finance Pricing
Pros & Cons
Dext
Pros
- High accuracy in extracting data from blurry or crumpled receipts
- Seamless synchronization with Xero, QuickBooks, and Sage
- Mobile app makes it easy for employees to submit expenses
- Saves significant time compared to manual data entry
- Reliable digital audit trail for tax compliance
Cons
- Monthly item limits can be restrictive for high-volume businesses
- Occasional delays in processing complex multi-page documents
- Subscription costs have increased recently for some legacy users
TRES Finance
Pros
- Supports an extensive range of blockchains and protocols
- Significantly reduces time spent on manual data reconciliation
- Provides high-quality data accuracy suitable for formal audits
- Intuitive interface simplifies complex on-chain transaction data
Cons
- Pricing is not transparent for smaller organizations
- Initial setup requires careful mapping of complex wallets
- Advanced features may have a slight learning curve