What users are saying about
22 Ratings
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Score 8.7 out of 100
173 Ratings
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Score 8.2 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

FreshBooks

FreshBooks is the perfect tool for businesses who have hundreds of clients and customers whom they invoice regularly. It removes the need to manually send invoices to clients and customers, by streamlining inputted information to create an automated invoicing system which keeps clients and customers up to date with their bills.It is also a great tool for managing expenses, especially for companies with different teams working on varying projects, ensuring these teams do not exceed the budget ceiling.
Sandra Ikegwuonu | TrustRadius Reviewer

Feature Rating Comparison

Security

Dext Prepare (with Receipt Bank)
8.0
FreshBooks
8.7
Single sign-on capability
Dext Prepare (with Receipt Bank)
8.2
FreshBooks
10.0
Role-based user permissions
Dext Prepare (with Receipt Bank)
7.8
FreshBooks
7.4

Reporting & Analytics

Dext Prepare (with Receipt Bank)
7.7
FreshBooks
7.0
Dashboards
Dext Prepare (with Receipt Bank)
7.7
FreshBooks
8.3
Standard reports
Dext Prepare (with Receipt Bank)
7.7
FreshBooks
8.0
Custom reports
Dext Prepare (with Receipt Bank)
FreshBooks
4.8

General Ledger and Configurable Accounting

Dext Prepare (with Receipt Bank)
8.4
FreshBooks
7.7
Accounts receivable
Dext Prepare (with Receipt Bank)
8.6
FreshBooks
8.5
Bank reconciliation
Dext Prepare (with Receipt Bank)
8.6
FreshBooks
7.0
Expense management
Dext Prepare (with Receipt Bank)
8.6
FreshBooks
7.8
Multi-currency support
Dext Prepare (with Receipt Bank)
8.6
FreshBooks
7.0
Multi-division support
Dext Prepare (with Receipt Bank)
8.2
FreshBooks
Regulations compliance
Dext Prepare (with Receipt Bank)
8.2
FreshBooks
6.5
Self-service portal
Dext Prepare (with Receipt Bank)
8.5
FreshBooks
9.1
Global Financial Support
Dext Prepare (with Receipt Bank)
8.2
FreshBooks
Intercompany Accounting
Dext Prepare (with Receipt Bank)
8.2
FreshBooks
Localizations
Dext Prepare (with Receipt Bank)
8.2
FreshBooks
Accounts payable
Dext Prepare (with Receipt Bank)
FreshBooks
8.5
Cash management
Dext Prepare (with Receipt Bank)
FreshBooks
7.0
Time tracking
Dext Prepare (with Receipt Bank)
FreshBooks
7.6

Customization

Dext Prepare (with Receipt Bank)
6.9
FreshBooks
7.3
Plug-ins
Dext Prepare (with Receipt Bank)
6.9
FreshBooks
8.6
API for custom integration
Dext Prepare (with Receipt Bank)
FreshBooks
5.9

Order Management

Dext Prepare (with Receipt Bank)
FreshBooks
8.4
Pricing
Dext Prepare (with Receipt Bank)
FreshBooks
7.8
Order entry
Dext Prepare (with Receipt Bank)
FreshBooks
7.5
Credit card processing
Dext Prepare (with Receipt Bank)
FreshBooks
8.4
Cost of goods sold
Dext Prepare (with Receipt Bank)
FreshBooks
10.0

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

FreshBooks

  • FreshBooks is pretty intuitive to use. I did have some questions when I first started using the system, but it wasn't a long learning curve.
  • FreshBooks provides more capability than other billing applications such as PaySimple or BlinkSale. FreshBooks does provide an easy invoicing function. It's easy to create invoices that can be sent via email or snail mail to one or more individuals (for example, the decision-maker and the accounting dept). Clients can pay online or send a check and then I note that the payment has been received. If paid by credit card, the system automatically marks the invoice paid. Your business accounts such as bank accounts can be linked to FreshBooks. Then, the system can automatically draw in expenses and will create simple P&L reports, overdue invoices, client history, etc. If you don't have inventory and complex payroll, etc. FreshBooks provides just the right level of capability to make financial tracking simple.
  • FreshBooks integrates with a number of credit card companies. I use Stripe, which has fees similar to Paypal, but much more reliable processing. I can accept all credit cards, including American Express, for a reasonable fee.
Kathleen Allardyce | 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

FreshBooks

  • I can brand invoices with my business logo, but I might like to change colours of the invoices themselves to match the rest of my business documents. That isn't a major point at all, but it's something that I'd like to see.
  • Freshbooks doesn't remember the categories that similar expenses were previously assigned to. It would be nice if Freshbooks would suggest a category for an already saved vendor, to ensure the consistency of expense reporting.
  • The home page of a Freshbooks account has a great graph display of expenses and income, but it only shows the last 6 months. This is still very useful, but I'd like to be able to see this kind of graph for different periods of time.
Raylene Wall | TrustRadius Reviewer

Likelihood to Renew

Dext Prepare (with Receipt Bank)

No score
No answers yet
No answers on this topic

FreshBooks

FreshBooks 7.6
Based on 18 answers
At the current needs of our business, FreshBooks suits us perfectly - it allows online access by our accountant to the system for GST purposes, easy input of expenses and tracking of Profit and Loss statements. FreshBooks customer service is great as well - very understanding and accommodating.
Stan Zaslavsky ★ 3D Visuals for Projects | 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

FreshBooks

FreshBooks 8.3
Based on 11 answers
FreshBooks is very easy to use even for novices. If you're looking for an online accounting software that is full of features, has great aesthetics and is user-friendly, then this is definitely the software for you. I've been using it for several years now and despite being tempted to switch by other vendors, I like the feel of FreshBooks and it's mobile features.
LaToya M. Davidson-Perez | TrustRadius Reviewer

Reliability and Availability

Dext Prepare (with Receipt Bank)

No score
No answers yet
No answers on this topic

FreshBooks

FreshBooks 10.0
Based on 4 answers
FreshBooks is easy to use and always works!
Matt Franko | TrustRadius Reviewer

Support Rating

Dext Prepare (with Receipt Bank)

Dext Prepare (with Receipt Bank) 9.0
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

FreshBooks

FreshBooks 9.1
Based on 11 answers
They told us about the recent acquisition of a Mexican company in order to accelerate the implementation of compliance with Mexican needs, in addition to being able to make payroll and compliance with Mexican taxes. We look forward to this to re-evaluate and use it with our clients with affiliates in Mexico.
Anonymous | TrustRadius Reviewer

Implementation Rating

Dext Prepare (with Receipt Bank)

No score
No answers yet
No answers on this topic

FreshBooks

FreshBooks 10.0
Based on 2 answers
I haven't changed my mind since my first evaluation. Freshbooks is still meeting my needs, easy to use, etc.
Kathleen Allardyce | 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

FreshBooks

I selected FreshBooks because it combined Toggl, Harvest and Quickbooks features into a single system. This simple move allowed for me to save money on the tools and in turn bring all client data into a single portal.
FreshBooks is easy to use and automatically generates the accounts based on available data!
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

FreshBooks

  • Freshbooks saves me time compared to when I managed to invoice without an app.
  • Freshbooks make keeping my invoices organized which saves me time.
  • Freshbooks helps me to know who is late on payments. When I was doing this by hand, some invoices would get lost in the clutter and I would not find out I haven't been paid until much later.
Mike Calabro | TrustRadius Reviewer

Screenshots

Pricing Details

Dext Prepare (with Receipt Bank)

General

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

Dext Prepare (with Receipt Bank) Editions & Modules

Additional Pricing Details

FreshBooks

General

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

FreshBooks Editions & Modules

Edition
Lite$4.501
Plus$7.501
Premium$151
SelectCustom Pricing
  1. per month
  2. none
Additional Pricing Details

Rating Summary

Likelihood to Recommend

Dext Prepare (with Receipt Bank)
8.6
FreshBooks
7.6

Likelihood to Renew

Dext Prepare (with Receipt Bank)
FreshBooks
7.6

Usability

Dext Prepare (with Receipt Bank)
8.1
FreshBooks
8.3

Reliability and Availability

Dext Prepare (with Receipt Bank)
FreshBooks
10.0

Performance

Dext Prepare (with Receipt Bank)
FreshBooks
8.0

Support Rating

Dext Prepare (with Receipt Bank)
9.0
FreshBooks
9.1

Implementation Rating

Dext Prepare (with Receipt Bank)
FreshBooks
10.0

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