What users are saying about
27 Ratings
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Score 8.6 out of 100
282 Ratings
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Score 8.3 out of 100

Likelihood to Recommend

Dext Prepare (with Receipt Bank)

For organizations that require in depth detail in their financials, meaning detailed records of every expense, Receipt Bank is a great option. Accounting firms that are preparing the books for their clients in a cloud atmosphere will most certainly appreciate the ease of use provided with Receipt Bank. But for organizations that are small in number of employees, and maybe they all have company credit cards and no expense reports, Receipt Bank isn't necessary. It's still a "nice to have" software, but not required because these types of employees won't be keeping copies of receipts anyway.
Alicia Gates, CPA | TrustRadius Reviewer

Expensify

Expensify is perfect for a small team or a small business. It's affordable (I believe there is even a free version) and it is very easy to submit reports and to teach others how to submit reports. For a larger business, a one-stop shop for travel and expenses might be a better option. Larger companies might want more analytics as well, although Expensify does allow you to run reports.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Security

Dext Prepare (with Receipt Bank)
8.0
Expensify
Single sign-on capability
Dext Prepare (with Receipt Bank)
8.2
Expensify
Role-based user permissions
Dext Prepare (with Receipt Bank)
7.8
Expensify

Reporting & Analytics

Dext Prepare (with Receipt Bank)
7.7
Expensify
Dashboards
Dext Prepare (with Receipt Bank)
7.7
Expensify
Standard reports
Dext Prepare (with Receipt Bank)
7.7
Expensify

General Ledger and Configurable Accounting

Dext Prepare (with Receipt Bank)
8.4
Expensify
Accounts receivable
Dext Prepare (with Receipt Bank)
8.6
Expensify
Bank reconciliation
Dext Prepare (with Receipt Bank)
8.6
Expensify
Expense management
Dext Prepare (with Receipt Bank)
8.6
Expensify
Multi-currency support
Dext Prepare (with Receipt Bank)
8.6
Expensify
Multi-division support
Dext Prepare (with Receipt Bank)
8.2
Expensify
Regulations compliance
Dext Prepare (with Receipt Bank)
8.2
Expensify
Self-service portal
Dext Prepare (with Receipt Bank)
8.5
Expensify
Global Financial Support
Dext Prepare (with Receipt Bank)
8.2
Expensify
Intercompany Accounting
Dext Prepare (with Receipt Bank)
8.2
Expensify
Localizations
Dext Prepare (with Receipt Bank)
8.2
Expensify

Customization

Dext Prepare (with Receipt Bank)
6.9
Expensify
Plug-ins
Dext Prepare (with Receipt Bank)
6.9
Expensify

Pros

Dext Prepare (with Receipt Bank)

  • Key metrics on the submissions by clients and any delays. This allows for early identification where client may be struggling to get the information submitted to Receipt Bank, holding up the bookkeeping processing and ultimately delays in delivery of information to the clients.
  • Identifying unprocessed receipts sitting in the clients Receipt Bank file.. This assists in managing internal workflow and aiding team members who may find they need assistance in completing key tasks.
  • Identifying which clients are using Receipt Bank effectively and which clients need assistance. This can provide the opportunity to discuss with all clients what works well for them and what needs improvement by sharing some of the wins from other clients.
  • Providing managers the ability to review with ease the progress of Receipt Bank processing by client and by bookkeeper. This allows them to identify issues literally before they occur.
Tim Hoopmann | TrustRadius Reviewer

Expensify

  • Ease of use: it's easy to learn Expensify, the layout and navigation are easy to follow.
  • Reminders: you can set reminders for yourself to submit reports daily, weekly or monthly.
  • Uploading receipts: you can scan receipts on your phone or take pictures and attach.
Jason Carlage | TrustRadius Reviewer

Cons

Dext Prepare (with Receipt Bank)

  • The system to automatically pull invoices in from various online services is temperamental
  • Almost too many features for a micro business like ours
Anonymous | TrustRadius Reviewer

Expensify

  • The SmartScan feature sometimes has typos. I don't know enough about the technology to even know if this is something that could be better.
  • The user experience is a little bit clunky when SmartScan doesn't work and you have to do things manually. Not sure a way around this, though.
Jared Lyda | TrustRadius Reviewer

Likelihood to Renew

Dext Prepare (with Receipt Bank)

No score
No answers yet
No answers on this topic

Expensify

Expensify 10.0
Based on 8 answers
We like using the tool and we receive positive feedback from employees and management who use the tool. It saves time and helps us concentrate on the value adding activities so we are very likely to keep using Expensify in the future
Vlad Merson | TrustRadius Reviewer

Usability

Dext Prepare (with Receipt Bank)

Dext Prepare (with Receipt Bank) 8.1
Based on 2 answers
It is very easy to use although some of the interface is a bit busy and there are a lot of features that I don't use or are not sure how/if I would use.
Anonymous | TrustRadius Reviewer

Expensify

Expensify 7.0
Based on 1 answer
Mobile works great, but let's be honest. It's just a photograph. Their OCR and human turk technology works great to scan that photo and enter the proper information. The web interface is decent and allows you to work with single expenses in great detail. What's missing is the ability to mass update expenses, and this sometimes hurts, especially if you're a heavy user of the system.
Anonymous | TrustRadius Reviewer

Support Rating

Dext Prepare (with Receipt Bank)

Dext Prepare (with Receipt Bank) 8.9
Based on 4 answers
I haven't had to use their support - I assume it is good, but the story of not needing it is better.
Robin Sands | TrustRadius Reviewer

Expensify

Expensify 8.6
Based on 84 answers
Our rep has been amazing. He has built custom reports for us that have been very time consuming and difficult. Our reps are also currently looking into new submission solutions for us that we are excited about. They came up with this and recommended it on their own without me complaining about an issue. They are about our success and are very excited about the product they offer.
Lisa Shapiro | TrustRadius Reviewer

Alternatives Considered

Dext Prepare (with 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
Nicola (Nicki) Morris | TrustRadius Reviewer

Expensify

I am unaware of any competitors, but I am VERY happy with Expensify. At this point, we are not interested in shopping for any other alternatives. The only case that we have made for switching away from Expensify would be switching to an ERP (Sage Intacct) which is capable of handling expense statement coordination on its own. That said, it is unfair to compare Expensify to Sage Intacct. Furthermore, I am not sure that Sage Intacct's Expensify-like module is better than Expensify.
Anonymous | TrustRadius Reviewer

Return on Investment

Dext Prepare (with Receipt Bank)

  • Saves hours per month preparing for BAS.
  • While it doesn't equate to a direct ROI in terms of dollars and cents the time it gives me back as a small business owner is time I get to spend with my family instead of the computer.
  • Nothing negative has been identified.
Craig Jolly | TrustRadius Reviewer

Expensify

  • Time spent by the AP processors on expense reports has been reduced from eight hours per week to two hours per week.
  • Errors in expense reports that make it all the way to the disbursement stage have been reduced from five per months to zero.
Anonymous | TrustRadius Reviewer

Screenshots

Dext Prepare (with Receipt Bank)

Expensify

Pricing Details

Dext Prepare (with Receipt Bank)

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Starting Price

Dext Prepare (with Receipt Bank) Editions & Modules

Additional Pricing Details

Expensify

General

Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Entry-level set up fee?
No

Starting Price

$5 per month

Expensify Editions & Modules

Edition
Track4.991
Submit4.991
Collect5.002
Control5.003
  1. Per Month (Free for 25 SmartScans per Month)
  2. Per User Per Month with Expensify Card with Pay-Per-Use Price of $10 per User per Month
  3. Per User Per Month with Expensify Card with Pay-Per-Use Price of $18 per User per Month
Additional Pricing Details

Rating Summary

Likelihood to Recommend

Dext Prepare (with Receipt Bank)
8.3
Expensify
7.7

Likelihood to Renew

Dext Prepare (with Receipt Bank)
Expensify
10.0

Usability

Dext Prepare (with Receipt Bank)
8.1
Expensify
7.0

Support Rating

Dext Prepare (with Receipt Bank)
8.9
Expensify
8.6

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