35 Ratings
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Score 8.1 out of 100
1 Rating
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Score 9 out of 100

Feature Set Ratings

    Security

    4.6

    Dext Prepare (with Receipt Bank)

    46%

    Wolters Kluwer Cantax

    Feature Set Not Supported
    N/A
    Dext Prepare (with Receipt Bank) ranks higher in 2/2 features

    Single sign-on capability

    3.3
    33%
    2 Ratings
    N/A
    0 Ratings

    Role-based user permissions

    5.8
    58%
    4 Ratings
    N/A
    0 Ratings

    Reporting & Analytics

    6.0

    Dext Prepare (with Receipt Bank)

    60%

    Wolters Kluwer Cantax

    Feature Set Not Supported
    N/A
    Dext Prepare (with Receipt Bank) ranks higher in 2/2 features

    Dashboards

    5.6
    56%
    5 Ratings
    N/A
    0 Ratings

    Standard reports

    6.4
    64%
    4 Ratings
    N/A
    0 Ratings

    General Ledger and Configurable Accounting

    4.9

    Dext Prepare (with Receipt Bank)

    49%

    Wolters Kluwer Cantax

    Feature Set Not Supported
    N/A
    Dext Prepare (with Receipt Bank) ranks higher in 10/10 features

    Accounts receivable

    6.4
    64%
    4 Ratings
    N/A
    0 Ratings

    Bank reconciliation

    5.3
    53%
    3 Ratings
    N/A
    0 Ratings

    Expense management

    6.8
    68%
    5 Ratings
    N/A
    0 Ratings

    Multi-currency support

    5.3
    53%
    3 Ratings
    N/A
    0 Ratings

    Multi-division support

    3.3
    33%
    2 Ratings
    N/A
    0 Ratings

    Regulations compliance

    5.2
    52%
    3 Ratings
    N/A
    0 Ratings

    Self-service portal

    5.1
    51%
    3 Ratings
    N/A
    0 Ratings

    Global Financial Support

    3.3
    33%
    2 Ratings
    N/A
    0 Ratings

    Intercompany Accounting

    5.2
    52%
    3 Ratings
    N/A
    0 Ratings

    Localizations

    3.3
    33%
    2 Ratings
    N/A
    0 Ratings

    Customization

    4.3

    Dext Prepare (with Receipt Bank)

    43%

    Wolters Kluwer Cantax

    Feature Set Not Supported
    N/A
    Dext Prepare (with Receipt Bank) ranks higher in 1/1 features

    Plug-ins

    4.3
    43%
    3 Ratings
    N/A
    0 Ratings

    Attribute Ratings

    • Wolters Kluwer Cantax is rated higher in 1 area: Likelihood to Recommend

    Likelihood to Recommend

    7.0

    Dext Prepare (with Receipt Bank)

    70%
    10 Ratings
    9.0

    Wolters Kluwer Cantax

    90%
    1 Rating

    Likelihood to Renew

    8.2

    Dext Prepare (with Receipt Bank)

    82%
    1 Rating

    Wolters Kluwer Cantax

    N/A
    0 Ratings

    Usability

    6.5

    Dext Prepare (with Receipt Bank)

    65%
    6 Ratings

    Wolters Kluwer Cantax

    N/A
    0 Ratings

    Support Rating

    5.2

    Dext Prepare (with Receipt Bank)

    52%
    8 Ratings

    Wolters Kluwer Cantax

    N/A
    0 Ratings

    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

    Wolters Kluwer

    I think its a great use for doing my accounting entries, it could use some improvements in the importability
    Read full review

    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

    Wolters Kluwer

    • Fast to input
    • a lot of functions to use
    • nice interface to use everyone should be able to use it right away with no problems
    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

    Wolters Kluwer

    • Guide for more complicated situations
    • FAQ or easier support chat
    Read full review

    Pricing Details

    Dext Prepare (with Receipt Bank)

    Starting Price

    Editions & Modules

    Dext Prepare (with Receipt Bank) editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Wolters Kluwer Cantax

      Starting Price

      Editions & Modules

      Wolters Kluwer Cantax editions and modules pricing
      EditionModules

      Footnotes

        Offerings

        Free Trial
        Free/Freemium Version
        Premium Consulting/Integration Services

        Entry-level set up fee?

        No setup fee

        Additional Details

        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
        Read full review

        Wolters Kluwer

        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.
        Read full review

        Wolters Kluwer

        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.
        Read full review

        Wolters Kluwer

        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
        Read full review

        Wolters Kluwer

        I think both are very good to use, I like H&R a bit more though though to being used to them
        Read full review

        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
        Read full review

        Wolters Kluwer

        No answers on this topic

        Screenshots

        Add comparison