17 Ratings
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Score 8.4 out of 100
35 Ratings
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Score 8.1 out of 100

Feature Set Ratings

  • Accounting Power ranks higher in 3 feature sets: Security, Reporting & Analytics, General Ledger and Configurable Accounting
  • Dext Prepare (with Receipt Bank) ranks higher in 1 feature set: Customization

Customization

4.0

Accounting Power

40%
4.4

Dext Prepare (with Receipt Bank)

44%
Accounting Power ranks higher in 1/2 features

API for custom integration

4.0
40%
1 Rating
N/A
0 Ratings

Plug-ins

N/A
0 Ratings
4.4
44%
3 Ratings

Security

9.5

Accounting Power

95%
4.6

Dext Prepare (with Receipt Bank)

46%
Accounting Power ranks higher in 2/2 features

Single sign-on capability

10.0
100%
1 Rating
3.3
33%
2 Ratings

Role-based user permissions

9.0
90%
1 Rating
5.9
59%
4 Ratings

Reporting & Analytics

8.0

Accounting Power

80%
6.0

Dext Prepare (with Receipt Bank)

60%
Accounting Power ranks higher in 2/3 features

Dashboards

7.0
70%
1 Rating
5.6
56%
5 Ratings

Custom reports

9.0
90%
1 Rating
N/A
0 Ratings

Standard reports

N/A
0 Ratings
6.4
64%
4 Ratings

General Ledger and Configurable Accounting

8.5

Accounting Power

85%
4.9

Dext Prepare (with Receipt Bank)

49%
Accounting Power ranks higher in 8/14 features

Accounts payable

9.0
90%
1 Rating
N/A
0 Ratings

Accounts receivable

9.0
90%
1 Rating
6.4
64%
4 Ratings

Cash management

8.0
80%
1 Rating
N/A
0 Ratings

Bank reconciliation

10.0
100%
1 Rating
5.3
53%
3 Ratings

Expense management

9.0
90%
1 Rating
6.8
68%
5 Ratings

Multi-division support

6.0
60%
1 Rating
3.3
33%
2 Ratings

Journals and Reconciliations

8.0
80%
1 Rating
N/A
0 Ratings

Standardized Processes

9.0
90%
1 Rating
N/A
0 Ratings

Multi-currency support

N/A
0 Ratings
5.3
53%
3 Ratings

Regulations compliance

N/A
0 Ratings
5.2
52%
3 Ratings

Self-service portal

N/A
0 Ratings
5.1
51%
3 Ratings

Global Financial Support

N/A
0 Ratings
3.3
33%
2 Ratings

Intercompany Accounting

N/A
0 Ratings
5.2
52%
3 Ratings

Localizations

N/A
0 Ratings
3.3
33%
2 Ratings

Attribute Ratings

  • Accounting Power is rated higher in 4 areas: Likelihood to Recommend, Likelihood to Renew, Usability, Support Rating

Likelihood to Recommend

9.0

Accounting Power

90%
1 Rating
7.0

Dext Prepare (with Receipt Bank)

70%
10 Ratings

Likelihood to Renew

10.0

Accounting Power

100%
1 Rating
8.2

Dext Prepare (with Receipt Bank)

82%
1 Rating

Usability

10.0

Accounting Power

100%
1 Rating
6.5

Dext Prepare (with Receipt Bank)

65%
6 Ratings

Support Rating

7.0

Accounting Power

70%
1 Rating
5.3

Dext Prepare (with Receipt Bank)

53%
8 Ratings

Implementation Rating

8.0

Accounting Power

80%
1 Rating

Dext Prepare (with Receipt Bank)

N/A
0 Ratings

Likelihood to Recommend

AccountantsWorld

Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.
Read full review

Receipt Bank

It is great for accounting firms. Easy to add and administer client accounts. Easy to integrate with QuickBooks Online. Easy for clients to capture and submit receipts on the go. It is hard to use for manual data entry, and if your clients frequently have very long receipts the Dext Mobile app does not work well as it compresses the image to the point where it is completely illegible. It does not seem to be designed for business owners to use directly rather than using it through their accounting firm.
Read full review

Pros

AccountantsWorld

  • Simple layout
  • Logical menu and format
  • Flexibility in designing reports
  • Department/location accounting
Read full review

Receipt Bank

  • Receipt Bank does a stellar job of extracting information from photos of receipts and bills. I'd say 95% of the time the information pulled is correct, so very rarely do I have to correct an amount or date.
  • One feature I really enjoy is not only the syncing with Quickbooks Online, but the fact that it also pushes the image to Quickbooks Online as an attachment! This means that for every expense/bill processed through Receipt Bank, an image of it is available inside of the transaction inside of Quickbooks Online. This makes researching a breeze.
  • Receipt Bank makes it very simple for users to add documents to the platform. Each company receives a dedicated Receipt Bank email address, which they can email to and upload documents, or users can use the phone apps (which are really easy to use), or they can upload documents from their computer. Training our clients to use it really can't be any easier!
Read full review

Cons

AccountantsWorld

  • CPA firm's client interface for delivery of bills to pay
  • Better ACH payment options for bill payment
  • Additional layer of department/location allocation
  • Invoicing option in mobile app
Read full review

Receipt Bank

  • Receipt Bank Practice Platform has many great features. As they develop the platform I would like to see a rigorous review of all features so as not to add too many and overwhelm my team.
  • Having the flexibility to pick and choose from a suite of features and implement the ones that best suit my practice. A tailor made Receipt Bank Practice Platform. this would allow my practice to grow into the features rather than be overwhelmed by too many.
Read full review

Pricing Details

Accounting Power

Starting Price

Editions & Modules

Accounting Power editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Dext Prepare (with Receipt Bank)

    Starting Price

    Editions & Modules

    Dext Prepare (with Receipt Bank) editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Likelihood to Renew

      AccountantsWorld

      I do not see a good alternative in the market
      Read full review

      Receipt Bank

      Dext is the best way for us to manage our business expenses. Physical and PDF receipts/invoices will be around for a while, but the move to eInvoicing is very good and we look forward to Dext adding this feature
      Read full review

      Usability

      AccountantsWorld

      It provides everything one needs for accounting services and then some at a price point that makes it very affordable.
      Read full review

      Receipt Bank

      Dext Prepare's usability is great, it has lots of functions and you can scan any type of document, including hard copy handwritten documents. It is not very accurate but it is handwritten!! Apart from it, you can use multiple functions like one page at a time, multiple, in bulk. You can send emails with multiple attachments and one of the greatest function is the mobile application capabilities.
      Read full review

      Support Rating

      AccountantsWorld

      Needs some work. Support staff seem to be computer people, not accountants or users of the system. Their answers sometimes seem short and computer-based. Not answered in a way that says, "I have thought through this and here is what I see to do."
      Read full review

      Receipt Bank

      Never used the support function. I guess that means it’s easy to use and works well because I never had an issue in 3 years. Not sure if the support team is helpful.
      Read full review

      Implementation Rating

      AccountantsWorld

      Seek out others who have done it and learn from them.
      Read full review

      Receipt Bank

      No answers on this topic

      Alternatives Considered

      AccountantsWorld

      I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.
      Read full review

      Receipt Bank

      Receipt Bank is superior to Wave in terms of its accuracy of reporting and allocating expenses. Even though there is a fee for Receipt Bank and Wave is free, the monthly fee for Receipt Bank is well worth the money, given the benefits
      Read full review

      Return on Investment

      AccountantsWorld

      • Allowed for standardized processes
      • Improved efficiency in disbursement processing
      • Bank feed is easily broken
      • ACH payment options are not well established
      Read full review

      Receipt Bank

      • Helps to keep data consistent and accurate
      • Saves time in processing invoices and receipts
      • Saves time in reconciliation in our accounting package
      Read full review

      Screenshots

      Add comparison