Dext Prepare (with Receipt Bank) vs. Kashflow

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Dext Prepare (with Receipt Bank)
Score 9.1 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
Kashflow
Score 4.8 out of 10
N/A
Kashflow is cloud-based accounting automation software from the company of the same name based in London. It is targeted to suit the needs of small businesses in the UK. Billed as being easy for non-accountants to use, with no "accounting jargon," it's core features are an intuitive dashboard with simple reporting features for giving a clear overview of a business. It automates expense management and tracks payments (with automated reminders), automates quotes, handles banking and supports…N/A
Pricing
Dext Prepare (with Receipt Bank)Kashflow
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Dext Prepare (with Receipt Bank)Kashflow
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Dext Prepare (with Receipt Bank)Kashflow
Top Pros
Top Cons
Features
Dext Prepare (with Receipt Bank)Kashflow
Security
Comparison of Security features of Product A and Product B
Dext Prepare (with Receipt Bank)
2.8
4 Ratings
95% below category average
Kashflow
6.0
1 Ratings
27% below category average
Single sign-on capability1.22 Ratings6.01 Ratings
Role-based user permissions4.44 Ratings6.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Dext Prepare (with Receipt Bank)
7.4
5 Ratings
3% below category average
Kashflow
5.3
1 Ratings
36% below category average
Dashboards6.85 Ratings6.01 Ratings
Standard reports8.04 Ratings5.01 Ratings
Custom reports00 Ratings5.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Dext Prepare (with Receipt Bank)
3.6
5 Ratings
69% below category average
Kashflow
6.3
1 Ratings
16% below category average
Accounts receivable7.34 Ratings7.01 Ratings
Bank reconciliation1.83 Ratings7.01 Ratings
Expense management6.95 Ratings8.01 Ratings
Multi-currency support1.83 Ratings7.01 Ratings
Multi-division support1.22 Ratings7.01 Ratings
Regulations compliance6.53 Ratings6.01 Ratings
Self-service portal1.83 Ratings00 Ratings
Global Financial Support1.22 Ratings00 Ratings
Intercompany Accounting6.53 Ratings00 Ratings
Localizations1.22 Ratings6.01 Ratings
Accounts payable00 Ratings7.01 Ratings
Cash management00 Ratings7.01 Ratings
Fixed asset management00 Ratings3.01 Ratings
Journals and Reconciliations00 Ratings6.01 Ratings
Enterprise Accounting00 Ratings6.01 Ratings
Configurable Accounting00 Ratings6.01 Ratings
Centralized Rules Framework00 Ratings6.01 Ratings
Standardized Processes00 Ratings5.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
Dext Prepare (with Receipt Bank)
1.7
3 Ratings
122% below category average
Kashflow
5.5
1 Ratings
25% below category average
Plug-ins1.73 Ratings5.01 Ratings
API for custom integration00 Ratings6.01 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Dext Prepare (with Receipt Bank)
-
Ratings
Kashflow
6.2
1 Ratings
19% below category average
Pay calculation00 Ratings7.01 Ratings
Benefit plan administration00 Ratings6.01 Ratings
Direct deposit files00 Ratings6.01 Ratings
Salary revision and increment management00 Ratings6.01 Ratings
Reimbursement management00 Ratings6.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Dext Prepare (with Receipt Bank)
-
Ratings
Kashflow
6.0
1 Ratings
21% below category average
Credit card processing00 Ratings6.01 Ratings
Cost of goods sold00 Ratings6.01 Ratings
Order exception Resolution00 Ratings6.01 Ratings
Best Alternatives
Dext Prepare (with Receipt Bank)Kashflow
Small Businesses
Patriot Software
Patriot Software
Score 9.0 out of 10
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
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User Ratings
Dext Prepare (with Receipt Bank)Kashflow
Likelihood to Recommend
7.7
(10 ratings)
7.0
(1 ratings)
Likelihood to Renew
8.2
(1 ratings)
-
(0 ratings)
Usability
6.3
(6 ratings)
-
(0 ratings)
Support Rating
3.8
(7 ratings)
-
(0 ratings)
User Testimonials
Dext Prepare (with Receipt Bank)Kashflow
Likelihood to Recommend
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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Kashflow
Perfect for a SME, less so for larger companies with a lot of staff. A reliable application, with few outages and easy to learn how to use for a variety of staff in different positions. Mobile phone app has been bit of a disappointment. Management reporting functionality could be improved.
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Pros
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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Kashflow
  • Ease of entering purchase data.
  • Ease of creating quotes and invoices.
  • Email integration.
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Cons
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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Kashflow
  • Can be difficult to find information within the application.
  • Some of the reporting functionality is weak.
  • Functionality for financial planning could be significantly improved upon.
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Likelihood to Renew
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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Kashflow
No answers on this topic
Usability
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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Kashflow
No answers on this topic
Support Rating
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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Kashflow
No answers on this topic
Alternatives Considered
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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Kashflow
We received an offer for a discounted license for initial use and pretty much got so used to Kashflow, that we have continued with it. There are some frustrations with it, in particular the ability to search and find information. The reporting functionality is also a bit of a disappointment. However, easy for day to day use for the staff and just about sufficient for monthly planning. Some of the integrations like Payroll are not bad.
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Return on Investment
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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Kashflow
  • Reliable system
  • Minimizes time spent training staff in use
  • Good for cash position management
Read full review
ScreenShots

Dext Prepare (with Receipt Bank) Screenshots

Screenshot of Dext Prepare Inbox & Mobile app