Big time saver for people processing invoices and receipts
July 15, 2021

Big time saver for people processing invoices and receipts

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Dext Prepare (with Receipt Bank)

Dext Prepare (with Receipt Bank) is a neat little app that can help you manage your expenses in numerous ways. We use it to send all our receipts, invoices, and payment notifications and from that it reads, learns, and prepares all of the expenditure into Xero with the integration. Dext Prepare (with Receipt Bank) will handle who the invoice is from, how much it is, which category it should be stored in, and any tax information while also remembering this for future invoices from the same place. It saves us hours of data entry and provides more accurate data, making reconciliation a breeze.
  • Imports invoices and receipts via email or integrations
  • Converts into data and remembers previous settings for seamless processing
  • Integrates with a huge amount of accountancy packages (in our case Xero)
  • Handles billing data, tax information, and much more
  • The system to automatically pull invoices in from various online services is temperamental
  • Almost too many features for a micro business like ours
  • Helps to keep data consistent and accurate
  • Saves time in processing invoices and receipts
  • Saves time in reconciliation in our accounting package

Do you think Dext Prepare (with Receipt Bank) delivers good value for the price?

Yes

Are you happy with Dext Prepare (with Receipt Bank)'s feature set?

Yes

Did Dext Prepare (with Receipt Bank) live up to sales and marketing promises?

Yes

Did implementation of Dext Prepare (with Receipt Bank) go as expected?

Yes

Would you buy Dext Prepare (with Receipt Bank) again?

Yes

Xero, FreeAgent, Microsoft 365 (formerly Office 365), Asana
It is very easy to use although some of the interface is a bit busy and there are a lot of features that I don't use or are not sure how/if I would use.
I haven't had to use support too much but the online documentation is great.
If you already have an online accounting package, then this can be a great add-on to manage your expenditure and expenses--it works for a micro business as well as one with a number of employees and handles personal expenses as well as it does company ones. The app is pretty good, too, and it all just makes handling our finances so much better. It is not expensive, although it is an addition cost to your accountancy package. If you have nothing to integrate into (in our case it was Xero), then it would probably not be that useful, but for anyone else, I think it would save you hours or more.

Dext Prepare (with Receipt Bank) Feature Ratings

Accounts receivable
9
Bank reconciliation
9
Expense management
9
Multi-currency support
9
Multi-division support
Not Rated
Regulations compliance
Not Rated
Self-service portal
8
Global Financial Support
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Dashboards
8
Standard reports
8
Plug-ins
8
Role-based user permissions
9
Single sign-on capability
Not Rated