Accounting Seed vs. Dext Prepare (with Receipt Bank)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Accounting Seed
Score 8.9 out of 10
N/A
Accounting Seed is accounting software that is native to Salesforce.N/A
Dext Prepare (with Receipt Bank)
Score 8.0 out of 10
N/A
London based Receipt Bank offers Practice Platform, an application supporting SMBs and accounting firms with tracking receipts and expenses and logging them with minimal or no paperwork and data entry in an environment that integrates with popular accounting software (e.g. Quickbooks).N/A
Pricing
Accounting SeedDext Prepare (with Receipt Bank)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Accounting SeedDext Prepare (with Receipt Bank)
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPricing starts at $3,960/year.
More Pricing Information
Community Pulse
Accounting SeedDext Prepare (with Receipt Bank)
Top Pros
Top Cons
Features
Accounting SeedDext Prepare (with Receipt Bank)
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Accounting Seed
9.1
2 Ratings
Dext Prepare (with Receipt Bank)
-
Ratings
Pay calculation8.42 Ratings00 Ratings
Benefit plan administration8.82 Ratings00 Ratings
Direct deposit files9.42 Ratings00 Ratings
Salary revision and increment management9.02 Ratings00 Ratings
Reimbursement management9.62 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Accounting Seed
9.7
4 Ratings
Dext Prepare (with Receipt Bank)
3.6
3 Ratings
API for custom integration9.74 Ratings00 Ratings
Plug-ins9.73 Ratings3.63 Ratings
Security
Comparison of Security features of Product A and Product B
Accounting Seed
9.7
4 Ratings
Dext Prepare (with Receipt Bank)
3.9
4 Ratings
Single sign-on capability9.74 Ratings2.32 Ratings
Role-based user permissions9.74 Ratings5.44 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Accounting Seed
8.9
6 Ratings
Dext Prepare (with Receipt Bank)
5.8
5 Ratings
Dashboards9.65 Ratings5.35 Ratings
Standard reports8.56 Ratings6.24 Ratings
Custom reports8.66 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Accounting Seed
9.1
6 Ratings
Dext Prepare (with Receipt Bank)
4.2
5 Ratings
Accounts payable9.56 Ratings00 Ratings
Accounts receivable9.64 Ratings6.14 Ratings
Cash management9.55 Ratings00 Ratings
Bank reconciliation8.96 Ratings4.23 Ratings
Expense management9.65 Ratings6.55 Ratings
Time tracking9.62 Ratings00 Ratings
Fixed asset management9.63 Ratings00 Ratings
Multi-currency support7.73 Ratings4.23 Ratings
Multi-division support8.74 Ratings2.32 Ratings
Regulations compliance7.83 Ratings5.03 Ratings
Electronic tax filing8.82 Ratings00 Ratings
Self-service portal9.63 Ratings4.03 Ratings
Global Financial Support10.03 Ratings2.32 Ratings
Primary and Secondary Ledgers9.04 Ratings00 Ratings
Intercompany Accounting9.24 Ratings5.03 Ratings
Localizations10.03 Ratings2.32 Ratings
Journals and Reconciliations9.66 Ratings00 Ratings
Enterprise Accounting6.54 Ratings00 Ratings
Configurable Accounting8.75 Ratings00 Ratings
Centralized Rules Framework9.23 Ratings00 Ratings
Standardized Processes9.24 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Accounting Seed
9.0
2 Ratings
Dext Prepare (with Receipt Bank)
-
Ratings
Inventory tracking9.62 Ratings00 Ratings
Automatic reordering9.62 Ratings00 Ratings
Location management9.62 Ratings00 Ratings
Manufacturing module7.32 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Accounting Seed
9.4
2 Ratings
Dext Prepare (with Receipt Bank)
-
Ratings
Pricing9.62 Ratings00 Ratings
Order entry10.02 Ratings00 Ratings
Credit card processing10.02 Ratings00 Ratings
Cost of goods sold10.02 Ratings00 Ratings
Order Orchestration9.62 Ratings00 Ratings
End-to-end order visibility7.32 Ratings00 Ratings
Order exception Resolution9.62 Ratings00 Ratings
User Ratings
Accounting SeedDext Prepare (with Receipt Bank)
Likelihood to Recommend
8.6
(6 ratings)
7.0
(10 ratings)
Likelihood to Renew
-
(0 ratings)
8.2
(1 ratings)
Usability
8.8
(3 ratings)
6.4
(6 ratings)
Support Rating
8.2
(3 ratings)
4.9
(8 ratings)
User Testimonials
Accounting SeedDext Prepare (with Receipt Bank)
Likelihood to Recommend
Accounting Seed
I wouldn’t recommend Accounting Seed to enterprise companies. However, Accounting Seed is the best cloud accounting tool for small and medium-sized companies that are yearning to automate accounts payable and receivable, inventory management, and invoice customization in one integrated platform.
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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.
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Pros
Accounting Seed
  • Accounting Seed is an affordable accounting solution
  • It offers many features making it an ideal accounting solution for business
  • The software integrates well with Salesforce
  • The software comes with a friendly User Interface
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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!
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Cons
Accounting Seed
  • Custom reporting seems cumbersome, but it could just be that we need better instructions, more examples, maybe some more canned reports. My company needs the ability to compare multiple years, and more than one budget in a report - we start with an approved board budget and then we reproject each quarter.
  • Non profits need to print financials by restriction level - this has also been very awkward - all the data is there but I have to piece it together in an excel spreadsheet every time I want it.
  • In general, the materials needed for non profits is not as accessible as it could be.
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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.
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Likelihood to Renew
Accounting Seed
No answers on this topic
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
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Usability
Accounting Seed
It always works well. We've never had programming issues. Never. It is easy to customize. The system can grow with you as your business grows and changes. Being cloud-based you can work from anywhere. It is intuitive. You have all the features of Salesforce, like workflows, that work perfectly in Accounting Seed. Having that full integration with Salesforce allows you to see all our data in one platform
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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.
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Support Rating
Accounting Seed
We seldom have had to use their support but when we have, they have been responsive and actually were able to answer our questions in a simple, nontech language. You don't have to be a programmer to talk to them!
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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.
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Alternatives Considered
Accounting Seed
Honestly, Accounting Seed was the only one I focused on when looking to switch from our existing program. It showed in the partner app store and stated it was created native to SalesForce. As I read through it's capabilities, cost, etc., I knew it was the right choice.
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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
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Return on Investment
Accounting Seed
  • Business users save time sending payments to suppliers and reimbursing employees since it is just by one click.
  • The three-way POS match ensures that figures match on orders and invoices before paying suppliers.
  • Capturing data on reports that are not submitted, approval times, and policy exceptions.
  • Expense management and time tracking enable us to view the exact time taken to complete projects and the exact amount that should be paid.
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Receipt Bank
  • Helps to keep data consistent and accurate
  • Saves time in processing invoices and receipts
  • Saves time in reconciliation in our accounting package
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