Dext Prepare (with Receipt Bank) vs. QuickBooks Online

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Dext Prepare (with Receipt Bank)
Score 9.0 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
QuickBooks Online
Score 7.9 out of 10
N/A
QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
$15
per month
Pricing
Dext Prepare (with Receipt Bank)QuickBooks Online
Editions & Modules
No answers on this topic
Self-Employed
$15
per month
Simple Start
$25
per month
Plus
$75
per month
Advanced
$150
per month
Offerings
Pricing Offerings
Dext Prepare (with Receipt Bank)QuickBooks Online
Free Trial
YesYes
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)QuickBooks Online
Considered Both Products
Dext Prepare (with Receipt Bank)
Chose Dext Prepare (with Receipt Bank)
I have never been able to get Expensify to work for me. The reports are just completely unintuitive and I end up having my client generate the report I need and send it to me instead.

For QBO the restriction on which email addresses can send receipts is too limiting. They also …
Chose Dext Prepare (with Receipt Bank)
Dext Prepare has a much larger marketing budget. The service is similar, but we just hear about Dext Prepare more.
Chose Dext Prepare (with Receipt Bank)
I use both Receipt Bank Practise Platform and Hubdoc as they both have provided different features that are effective for my practise.

A product that has a dashboard is very effective. Being able to go to one location and see all information on clients is vital to better …
QuickBooks Online

No answer on this topic

Top Pros
Top Cons
Features
Dext Prepare (with Receipt Bank)QuickBooks Online
Security
Comparison of Security features of Product A and Product B
Dext Prepare (with Receipt Bank)
2.8
4 Ratings
94% below category average
QuickBooks Online
3.8
108 Ratings
69% below category average
Single sign-on capability1.22 Ratings3.181 Ratings
Role-based user permissions4.44 Ratings4.5102 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Dext Prepare (with Receipt Bank)
7.2
5 Ratings
5% below category average
QuickBooks Online
5.4
132 Ratings
34% below category average
Dashboards6.65 Ratings4.8124 Ratings
Standard reports7.84 Ratings5.5128 Ratings
Custom reports00 Ratings6.0116 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
QuickBooks Online
3.8
143 Ratings
64% below category average
Accounts receivable7.14 Ratings6.0131 Ratings
Bank reconciliation1.83 Ratings6.3137 Ratings
Expense management6.85 Ratings5.5123 Ratings
Multi-currency support1.83 Ratings1.523 Ratings
Multi-division support1.22 Ratings1.642 Ratings
Regulations compliance6.33 Ratings1.938 Ratings
Self-service portal1.83 Ratings2.866 Ratings
Global Financial Support1.22 Ratings1.416 Ratings
Intercompany Accounting6.33 Ratings5.029 Ratings
Localizations1.22 Ratings4.121 Ratings
Accounts payable00 Ratings5.4122 Ratings
Cash management00 Ratings6.1120 Ratings
Time tracking00 Ratings2.056 Ratings
Fixed asset management00 Ratings5.453 Ratings
Electronic tax filing00 Ratings5.266 Ratings
Primary and Secondary Ledgers00 Ratings3.535 Ratings
Journals and Reconciliations00 Ratings5.374 Ratings
Enterprise Accounting00 Ratings1.925 Ratings
Configurable Accounting00 Ratings2.238 Ratings
Centralized Rules Framework00 Ratings2.924 Ratings
Standardized Processes00 Ratings4.248 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
QuickBooks Online
2.6
68 Ratings
92% below category average
Plug-ins1.73 Ratings3.857 Ratings
API for custom integration00 Ratings1.454 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Dext Prepare (with Receipt Bank)
-
Ratings
QuickBooks Online
3.1
78 Ratings
83% below category average
Pay calculation00 Ratings4.269 Ratings
Benefit plan administration00 Ratings3.632 Ratings
Direct deposit files00 Ratings4.665 Ratings
Salary revision and increment management00 Ratings1.844 Ratings
Reimbursement management00 Ratings1.546 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Dext Prepare (with Receipt Bank)
-
Ratings
QuickBooks Online
1.3
47 Ratings
138% below category average
Inventory tracking00 Ratings1.345 Ratings
Automatic reordering00 Ratings1.322 Ratings
Location management00 Ratings1.421 Ratings
Manufacturing module00 Ratings1.417 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Dext Prepare (with Receipt Bank)
-
Ratings
QuickBooks Online
3.7
86 Ratings
66% below category average
Pricing00 Ratings4.755 Ratings
Order entry00 Ratings4.753 Ratings
Credit card processing00 Ratings2.663 Ratings
Cost of goods sold00 Ratings4.068 Ratings
Order Orchestration00 Ratings4.521 Ratings
End-to-end order visibility00 Ratings4.520 Ratings
Order exception Resolution00 Ratings1.318 Ratings
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Dext Prepare (with Receipt Bank)QuickBooks Online
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User Ratings
Dext Prepare (with Receipt Bank)QuickBooks Online
Likelihood to Recommend
7.6
(10 ratings)
4.2
(161 ratings)
Likelihood to Renew
8.2
(1 ratings)
2.5
(24 ratings)
Usability
6.3
(6 ratings)
4.2
(76 ratings)
Availability
-
(0 ratings)
2.1
(5 ratings)
Performance
-
(0 ratings)
1.1
(4 ratings)
Support Rating
3.9
(7 ratings)
2.4
(68 ratings)
Implementation Rating
-
(0 ratings)
3.1
(6 ratings)
Configurability
-
(0 ratings)
10.0
(1 ratings)
Ease of integration
-
(0 ratings)
1.4
(2 ratings)
Product Scalability
-
(0 ratings)
1.1
(2 ratings)
Vendor post-sale
-
(0 ratings)
1.1
(2 ratings)
Vendor pre-sale
-
(0 ratings)
1.1
(2 ratings)
User Testimonials
Dext Prepare (with Receipt Bank)QuickBooks Online
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.
Read full review
Intuit
It seems Intuit is more interested in generating revenue than taking care of their customers. After only 28 (working) days using it, I've had to call for Help 23 times, and, in my experience, only spoken to 2 people who had an understanding of basic accounting practices and the ramifications of some of their suggested fixes on the General Ledger.
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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!
Read full review
Intuit
  • It enables me to do a P&L for each specific program as requested by the county for the grant money that they give us.
  • It enables me to do [an] organizational budget as well as a budget for each specific program
  • It enables the accountant and the auditor access at any time for transparency
Read full review
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.
Read full review
Intuit
  • The budgets feature leaves a lot be desired - difficult and clunky to populate and maintain.
  • Reporting for Budget vs Actual is available but the ability to reforecast based on updated data is not.
  • The rules function to default common types of expenses isn't perfect and will get confused if like amounts or a number of similar items present.
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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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Intuit
It like the product 'right out of the box' and I trust Intuit will continually improve it over the years based on my experience with their desktop products. The large providers of Apps makes customizing the entire package relatively easy and seamless for a wide variety of business types.
Read full review
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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Intuit
While QuickBooks Online is generally easy to navigate, there are some features and functions that often require a Google search in order to find out where they are actually hidden. Additionally, there are some simple customization features that are surprisingly not available for an otherwise advanced program (e.g. only having a pool of 4 fonts to choose from, only having 4 very limited templates for invoicing, not color selection, etc). While I would say that about 75% of users shouldn't have a problem finding their way around with basic functions, there is a learning curve if you want to be able to dive into some of the more useful features, almost to the point that you need to have a dedicated account manager in order to use QuickBooks Online most effectively.
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Reliability and Availability
Receipt Bank
No answers on this topic
Intuit
We have rarely had outages in the last 10 years. I can only recall 2 times in the last 10 years where we were not able to access our client files.
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Performance
Receipt Bank
No answers on this topic
Intuit
There are tab issues. When I tab the field doesn't highlight and I have to backspace or delete what is in the field. Happens on the memo field and sometimes other fields. Very time consuming.
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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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Intuit
Support is great, all incidents been resolved. Quickbooks Online forum is very well organized and helpful. I like the fact that they let the community contribute in resolving issues. Most or many of your answers can be found online. You can also get help on YouTube, but the easiest way to get assistance is through their chat system.
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Implementation Rating
Receipt Bank
No answers on this topic
Intuit
The person in charge of QB needs to be very accurate with record keeping and is recommended to stay on top of tasks. The biggest issue we have is reconciliation, and those issues occur only when too much time has occurred between reconciliations
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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
Read full review
Intuit
I have used Wave Accounting for another business. I selected QuickBooks Online over Wave because of the features available from QuickBooks. Wave is great since it is free, but I feel that paying for QuickBooks Online is worth it for the features. In addition there is such a robust support network and training available for QuickBooks.
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Scalability
Receipt Bank
No answers on this topic
Intuit
As we have grown along our professional path, we have also expanded our use of QB. The scalability is easy and features seem to be waiting for you until you need them. We have increased profits by over 10x from our first year in business to the current and have yet to find a reason to look elsewhere
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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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Intuit
  • It has created a lot of cost and in-efficiency whenever we need to talk to support.
  • I spent a lot of time setting up their automatic reminders for past due invoices and it worked for a couple of months and then it stopped. It's currently being worked on by their tech team but it has been months and it is still not working. It would have saved me a lot of time.
  • Their multi-currency saves time in sending invoices abroad but it's limiting when a customer wants an invoice in USD instead of a foreign currency so I have to set up different customer accounts for different currencies.
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ScreenShots

Dext Prepare (with Receipt Bank) Screenshots

Screenshot of Dext Prepare Inbox & Mobile app