Dext Prepare (with Receipt Bank) vs. Rydoo

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
Rydoo
Score 7.8 out of 10
Mid-Size Companies (51-1,000 employees)
Rydoo (formerly Xpenditure) is a cloud based travel management solution that also handles the expense management process from receipt to accounting. After taking a picture of a receipt, Rydoo will extract all relevant data, and make it ready to be exported to the accounting software of your choice.
$5
per month
Pricing
Dext Prepare (with Receipt Bank)Rydoo
Editions & Modules
No answers on this topic
Starter
$7
per active user/per month
Growth
$9
per active user/per month
Enterprise
Contact sales team
Offerings
Pricing Offerings
Dext Prepare (with Receipt Bank)Rydoo
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Dext Prepare (with Receipt Bank)Rydoo
Top Pros
Top Cons
Features
Dext Prepare (with Receipt Bank)Rydoo
Security
Comparison of Security features of Product A and Product B
Dext Prepare (with Receipt Bank)
2.8
4 Ratings
95% below category average
Rydoo
-
Ratings
Single sign-on capability1.22 Ratings00 Ratings
Role-based user permissions4.44 Ratings00 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
Rydoo
-
Ratings
Dashboards6.65 Ratings00 Ratings
Standard reports7.94 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)
3.6
5 Ratings
69% below category average
Rydoo
-
Ratings
Accounts receivable7.14 Ratings00 Ratings
Bank reconciliation1.83 Ratings00 Ratings
Expense management6.85 Ratings00 Ratings
Multi-currency support1.83 Ratings00 Ratings
Multi-division support1.22 Ratings00 Ratings
Regulations compliance6.33 Ratings00 Ratings
Self-service portal1.83 Ratings00 Ratings
Global Financial Support1.22 Ratings00 Ratings
Intercompany Accounting6.33 Ratings00 Ratings
Localizations1.22 Ratings00 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
Rydoo
-
Ratings
Plug-ins1.73 Ratings00 Ratings
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Dext Prepare (with Receipt Bank)Rydoo
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User Ratings
Dext Prepare (with Receipt Bank)Rydoo
Likelihood to Recommend
7.6
(10 ratings)
9.0
(9 ratings)
Likelihood to Renew
8.2
(1 ratings)
-
(0 ratings)
Usability
6.3
(6 ratings)
-
(0 ratings)
Support Rating
3.9
(7 ratings)
7.0
(1 ratings)
User Testimonials
Dext Prepare (with Receipt Bank)Rydoo
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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Rydoo (formerly Cardwise)
I would recommend it for someone who wanted to track reimbursed expenses or credit card expenses, but there is not enough in Rydoo to work with these two distinct categories of items separately. It is not a good fit for someone looking to have their expenses seamlessly reimbursed (like Expensify). I do recommend it if you need to work with multiple currencies, because it makes that easy.
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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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Rydoo (formerly Cardwise)
  • Saves recent accounts so you do not have to search for them each time you are adding receipts
  • Matches transactions quickly
  • Reads receipt details accurately
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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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Rydoo (formerly Cardwise)
  • Support responsiveness.
  • Features to detail what has actually been reimbursed vs. what has been reported.
  • More flexibility in setting approval flows.
Read full review
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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Rydoo (formerly Cardwise)
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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Rydoo (formerly Cardwise)
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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Rydoo (formerly Cardwise)
When Rydoo is responsive, support is just fine, but there have been times when our requests for support have gone unanswered for more than a day when their queue has indicated response times much shorter than that.
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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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Rydoo (formerly Cardwise)
Expensify was easy to use too but I feel like Rydoo does a better job of capturing receipt info with less work on the users end. Also with Rydoo you don't have to create a report, you can just submit expenses as you go. With Expensify you had to create a report first which added extra unnecessary work with no benefits.
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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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Rydoo (formerly Cardwise)
  • Rydoo saves time, which saves money. I'm able to make and check expenses quickly.
  • Rydoo was easy to learn and integrate. It didn't require lengthly training so it smoothed the onboarding process for new hires.
  • Rydoo centralizes internal communication about specific expenses, since you can leave comments.
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ScreenShots

Dext Prepare (with Receipt Bank) Screenshots

Screenshot of Dext Prepare Inbox & Mobile app

Rydoo Screenshots

Screenshot of iPhone app screenshotScreenshot of Online dashboard screenshotScreenshot of Expense detail screenshot