What users are saying about
27 Ratings
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Score 8.6 out of 100
33 Ratings
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Score 8 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

Hubdoc

If you're looking to automate categorization of expenses and help avoid human error, this is a good option. It takes a bit of dialing in at the onset but afterwards can be set to work very well on its own. Splitting invoices and other customizations was helpful in cases of large complicated invoices.
Ian Hansen | TrustRadius Reviewer

Feature Rating Comparison

Security

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

Reporting & Analytics

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

General Ledger and Configurable Accounting

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

Customization

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

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

Hubdoc

  • Extracts data from documents both from a feed and a scan really quick.
  • Availability of automated feeds directly from the supplier.
  • Integration with accounting software e.g. Xero (now owned by them) and QBO.
  • Ability to auto-archive to many different cloud storage locations such as Google Drive and ShareFile.
Alvin Landicho | 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

Hubdoc

  • Although it is great that they can automatically get bank statements and transactions once linked, these links have been very unreliable historically.
  • Figuring out how to set up the automatic feed is cumbersome. You can land up being inundated with useless transaction data.
  • you have to upload each document separately. The program cannot differentiate/split PDFs.
Andrew Newman CPA | 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

Hubdoc

No score
No answers yet
No answers on this topic

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

Hubdoc

Hubdoc 4.7
Based on 5 answers
At the time we implemented Hubdoc (more than 2 years ago) it was quite cutting edge and did have strong advances from the competition plus its pricing was definitely more competitive (flat rate vs price per data extraction model). However, currently the competition has caught up and now many of Hubdoc's core features are being built into online accounting software natively.
Alvin Landicho | 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

Hubdoc

I don't have hands-on experience with any of the other software I mentioned. I have done a good deal of research with them, but did not find any particularly compelling reasons why they were better. The real reason I selected Hubdoc was because they offered a free, no-strings-attached lifetime account for QuickBooks ProAdvisors. Had they not offered that, I would not have tried it or been writing this review. Great job on the partner program, Hubdoc!
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

Hubdoc

  • It made our scheduling more reliable because we have the documents we need more quickly
  • We have less annoying client contacts where we were traditionally constantly bugging them to send us documents
  • It has made the bill input process much more efficient, saving us time
Jason Ackerman | TrustRadius Reviewer

Screenshots

Dext Prepare (with Receipt Bank)

Hubdoc

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

Hubdoc

General

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

Starting Price

$12 per month

Hubdoc Editions & Modules

Edition
Starting Price$12.001
  1. per month
Additional Pricing Details

Rating Summary

Likelihood to Recommend

Dext Prepare (with Receipt Bank)
8.3
Hubdoc
7.1

Usability

Dext Prepare (with Receipt Bank)
8.1
Hubdoc

Support Rating

Dext Prepare (with Receipt Bank)
8.9
Hubdoc
4.7

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