Dext Prepare (with Receipt Bank) vs. Kashoo

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
Kashoo
Score 4.9 out of 10
N/A
Kashoo, founded in 2008 and based in Vancouver, offers a simple cloud-based double-entry accounting platform for small businesses. It is mobile-accessible and includes many of the typical features required of accounting platforms, including receipt capture, automated invoicing, tax preparation, financial reports, banking, and expense management features, to name a few. The Solo price plan for individuals running a sole business can be purchased for $5 per month or for $50 per year. The…N/A
Pricing
Dext Prepare (with Receipt Bank)Kashoo
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Dext Prepare (with Receipt Bank)Kashoo
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
Features
Dext Prepare (with Receipt Bank)Kashoo
Security
Comparison of Security features of Product A and Product B
Dext Prepare (with Receipt Bank)
2.8
4 Ratings
96% below category average
Kashoo
9.7
3 Ratings
19% above category average
Single sign-on capability1.22 Ratings9.53 Ratings
Role-based user permissions4.44 Ratings10.02 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Dext Prepare (with Receipt Bank)
7.5
5 Ratings
1% below category average
Kashoo
9.2
4 Ratings
19% above category average
Dashboards6.95 Ratings9.13 Ratings
Standard reports8.14 Ratings9.54 Ratings
Custom reports00 Ratings9.02 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
Kashoo
8.0
6 Ratings
8% above category average
Accounts receivable7.44 Ratings8.06 Ratings
Bank reconciliation1.83 Ratings8.06 Ratings
Expense management6.95 Ratings9.55 Ratings
Multi-currency support1.83 Ratings8.01 Ratings
Multi-division support1.22 Ratings00 Ratings
Regulations compliance6.53 Ratings10.01 Ratings
Self-service portal1.73 Ratings10.01 Ratings
Global Financial Support1.22 Ratings7.52 Ratings
Intercompany Accounting6.53 Ratings8.01 Ratings
Localizations1.22 Ratings5.51 Ratings
Accounts payable00 Ratings8.06 Ratings
Cash management00 Ratings8.75 Ratings
Time tracking00 Ratings10.01 Ratings
Primary and Secondary Ledgers00 Ratings7.92 Ratings
Journals and Reconciliations00 Ratings7.94 Ratings
Enterprise Accounting00 Ratings5.01 Ratings
Configurable Accounting00 Ratings7.01 Ratings
Standardized Processes00 Ratings7.13 Ratings
Customization
Comparison of Customization features of Product A and Product B
Dext Prepare (with Receipt Bank)
1.6
3 Ratings
126% below category average
Kashoo
8.5
2 Ratings
19% above category average
Plug-ins1.63 Ratings10.01 Ratings
API for custom integration00 Ratings7.02 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Dext Prepare (with Receipt Bank)
-
Ratings
Kashoo
10.0
2 Ratings
30% above category average
Pricing00 Ratings10.01 Ratings
Order entry00 Ratings10.01 Ratings
Credit card processing00 Ratings10.01 Ratings
Cost of goods sold00 Ratings10.01 Ratings
Best Alternatives
Dext Prepare (with Receipt Bank)Kashoo
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.1 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 8.1 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
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User Ratings
Dext Prepare (with Receipt Bank)Kashoo
Likelihood to Recommend
7.7
(10 ratings)
2.1
(6 ratings)
Likelihood to Renew
8.2
(1 ratings)
-
(0 ratings)
Usability
6.3
(6 ratings)
4.0
(2 ratings)
Support Rating
3.7
(7 ratings)
1.0
(1 ratings)
User Testimonials
Dext Prepare (with Receipt Bank)Kashoo
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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Kashoo
Kashoo is well suited if you have the time to learn the system. Because after that, it becomes a breeze. But if you're new to this stuff and don't have an accountant, you may be struggling to understand exactly what you need to do or where you need to click.
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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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Kashoo
  • Invoicing - I can create an invoice and email it directly from within Kashoo. When a payment is received, it is simple to enter the transaction and mark it as paid.
  • Projects - I can assign a Project to a transaction. This way I can get a detailed picture of a specific project on which we are working. I can run a P&L report of just that project or the whole company.
  • Reconcile - Reconciling is a snap when you connect the account to the bank online.
  • If you are doing bookkeeping for more than one company, Kashoo has support for that. You can easily switch between companies as needed.
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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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Kashoo
  • The UI is not nice at all - even with a UI refresh, it still didn't look that great
  • The UX is rough as well - it's not as easy to use until you get used to it - high learning curve
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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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Kashoo
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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Kashoo
Kashoo is by far the most intuitive and easy to use accounting/bookkeeping solution I've tried, and after using it for several years I'm pleased that it delivers a consistent experience. No surprises, it just works. I don't want to spend any more time than I have to attend to bookkeeping, and Kashoo allows me to do just that.
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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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Kashoo
They were not helpful in resolving my issue on the change to my lifetime deal, and I am not happy with their support. They didn't care at all
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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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Kashoo
No yearly license fees with Kashoo lifetime plan and it includes a mobile app and mobile integration with the desktop version. I can do everything I need to do in Kashoo so there is no need for bloated old Quickbooks
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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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Kashoo
  • Kashoo has allowed us to manage our finances in a simple way
  • Helps us figure out if we are making money or losing it
  • Affordable than some other accounting tools
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ScreenShots

Dext Prepare (with Receipt Bank) Screenshots

Screenshot of Dext Prepare Inbox & Mobile app