Dext Prepare (with Receipt Bank) vs. Ramp

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Dext Prepare (with Receipt Bank)
Score 8.9 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
Ramp
Score 9.4 out of 10
N/A
Ramp is a corporate card and spend management solution that helps companies of all sizes to accelerate growth without compromising on their finances. Boasting best in class user experience and a direct integration with the user's accounting solutions, the vendor states Ramp helps finance teams save 1-2 days a week tracking expenses, following up with employees, and closing their books. With Ramp, companies have real time visibility into spending, automated expense reporting, and advanced…N/A
Pricing
Dext Prepare (with Receipt Bank)Ramp
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Dext Prepare (with Receipt Bank)Ramp
Free Trial
YesNo
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsRamp is 100% free.
More Pricing Information
Community Pulse
Dext Prepare (with Receipt Bank)Ramp
Top Pros
Top Cons
Features
Dext Prepare (with Receipt Bank)Ramp
Security
Comparison of Security features of Product A and Product B
Dext Prepare (with Receipt Bank)
2.9
4 Ratings
91% below category average
Ramp
-
Ratings
Single sign-on capability1.32 Ratings00 Ratings
Role-based user permissions4.54 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Dext Prepare (with Receipt Bank)
6.7
5 Ratings
11% below category average
Ramp
-
Ratings
Dashboards6.15 Ratings00 Ratings
Standard reports7.34 Ratings00 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)
3.5
5 Ratings
71% below category average
Ramp
-
Ratings
Accounts receivable6.74 Ratings00 Ratings
Bank reconciliation2.03 Ratings00 Ratings
Expense management6.65 Ratings00 Ratings
Multi-currency support2.03 Ratings00 Ratings
Multi-division support1.32 Ratings00 Ratings
Regulations compliance5.93 Ratings00 Ratings
Self-service portal1.93 Ratings00 Ratings
Global Financial Support1.32 Ratings00 Ratings
Intercompany Accounting5.93 Ratings00 Ratings
Localizations1.32 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Dext Prepare (with Receipt Bank)
1.8
3 Ratings
117% below category average
Ramp
-
Ratings
Plug-ins1.83 Ratings00 Ratings
Best Alternatives
Dext Prepare (with Receipt Bank)Ramp
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Score 9.0 out of 10
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Accounting Seed
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Score 8.5 out of 10
Lola.com
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Score 8.0 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.5 out of 10
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GEP SMART
Score 8.3 out of 10
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User Ratings
Dext Prepare (with Receipt Bank)Ramp
Likelihood to Recommend
7.2
(10 ratings)
9.7
(15 ratings)
Likelihood to Renew
8.2
(1 ratings)
-
(0 ratings)
Usability
6.3
(6 ratings)
-
(0 ratings)
Support Rating
4.1
(7 ratings)
-
(0 ratings)
User Testimonials
Dext Prepare (with Receipt Bank)Ramp
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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Ramp Business Corporation
Ramp is great if you want to automate your expenses process. Ramp immediately responds when I (or someone on my behalf) make(s) purchase and I can easily pass receipts and notes live. No more searching for "stuff"!! I spend more time on my job and not worrying about chasing things down or forgetting what was purchased. I charge, I send notes, and I'm done. It's so easy!!! It's incredibly helpful to be able to instantly spin up a virtual card for employees on the go or who have planned expenses. It gets you away from a delayed reimbursement to remote employees and having expenses coded by the employees shortly after they make their purchases.
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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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Ramp Business Corporation
  • You can forward your receipts to receipts@ramp.com and it will auto-approve.
  • You can easily reverse charges if an employee accidentally places a charge on their work card.
  • You can send employees physical Ramp cards.
  • You can create as many virtual cards 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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Ramp Business Corporation
  • More flexible spend rule requirements that align with the $75 IRS compliance rule for food/travel purchases. Our organization has a $25 compliance threshold for food and travel. It would be helpful if Ramp provided the ability to customize this type of spending requirement for particular categories with respect to receipt requirements.
  • A little more support in implementing a two-entity environment.
  • Increased heads-up on : auto approval of credit card returns.
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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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Ramp Business Corporation
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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Ramp Business Corporation
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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Ramp Business Corporation
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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Ramp Business Corporation
We moved to Ramp from Expensify at our accountant's advice. We went with her advice due to ease of use, ease of Quickbooks sync, ability to send reminders with one click, and more. We are very happy with the decision to switch to Ramp.
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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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Ramp Business Corporation
  • It has given us the ability to make informed decisions for controlling costs.
  • Increased oversight (mandatory rules) impacts people to be more mindful when spending funds.
  • Setting static limits on cards and being able to monitor with a click of a button.
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ScreenShots

Dext Prepare (with Receipt Bank) Screenshots

Screenshot of Dext Prepare Inbox & Mobile app

Ramp Screenshots

Screenshot of Screenshot of Screenshot of Slack integrationScreenshot of Vendor ManagementScreenshot of Automated savings insights