Automated bookkeeping data capture for accountants and businesses
Dext is an accounting automation tool that captures and extracts data from receipts, invoices, and bank statements.
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AI Editor ApprovedApproved and published by our AI Editor-in-Chief after full panel analysis.Dext is a financial document management and data extraction platform aimed at small to medium-sized businesses, bookkeepers, and accountants. It allows users to capture receipts, invoices, and other financial documents via mobile app, email, or direct integrations, then automatically extracts relevant data such as vendor name, date, amount, and tax information.
The platform integrates with major accounting software including Xero, QuickBooks Online, Sage, and others, enabling extracted data to flow directly into a client's ledger without manual re-entry. This is intended to reduce errors associated with manual bookkeeping and speed up month-end reconciliation processes.
Dext offers two core products: Dext Prepare, focused on receipt and invoice capture, and Dext Precise, which provides analytics and insights on bookkeeping data quality. Together these tools are marketed toward accounting firms managing multiple clients as well as individual businesses managing their own finances.
The product competes in the accounts payable automation and bookkeeping software space alongside tools like AutoEntry, Hubdoc, and Datamolino. Dext differentiates through its accountant-focused multi-client dashboard and its data confidence scoring that flags potentially inaccurate or duplicate entries.
Dext is cloud-based and accessible via web browser and mobile apps on iOS and Android, making it usable across devices for on-the-go receipt capture and document submission.
Automatically digitises and extracts key data from financial documents such as receipts, invoices, and bank statements with over 99% accuracy.
Automatically categorises captured financial documents after digitisation, eliminating the need for manual sorting.
Automatically pushes extracted and categorised financial data from documents directly into connected accounting software, removing manual data entry.
Creates smart supplier rules that automatically process and publish invoices from recurring suppliers to streamline bookkeeping workflows.
Enables businesses to submit, manage, and approve expense reports more efficiently within the platform.
Stores digitised financial documents within the platform as part of the capture, extract, process, store, and collaborate workflow.
Allows users to forward invoices via email directly into Dext for automatic processing and data extraction.
Collects receipts and invoices through multiple channels including mobile app scanning, email submission, browser, and direct integrations.
Integrates with over 30 accounting software packages including Xero, QuickBooks Online, and Sage to push extracted data directly into existing workflows.
Connects with over 11,500 banks and financial institutions worldwide to sync bank feeds and fetch statements automatically.
Allows users to scan receipts and track expenses on the go directly from a mobile device.
Small businesses needing basic bookkeeping automation
Growing businesses with higher document volumes
Larger businesses processing high volumes of documents
Receipt Bank, now Dext, sold to IRIS Software December 2024 — vendor risk answered, suite risk opens.
“Dext is the bookkeeping-automation platform formerly known as Receipt Bank, now operating inside IRIS Software Group's accounting suite. Vendor survival is settled; the open question is whether IRIS folds it into Elements pricing or keeps it standalone.”
IRIS Software Group closed the Dext acquisition on December 23, 2024, with price undisclosed. Founded 2010 as Receipt Bank, rebranded Dext in February 2021, HgCapital majority stake the same year. Three owners in four years, but 700,000 businesses and 12,000 accounting firms haven't churned.
The 99.5% extraction accuracy is trained on over a billion documents, and the data-confidence scoring inside Dext Precise is the real accountant-facing moat against AutoEntry and Hubdoc. Dext Prepare handles capture; Precise flags duplicates and gaps before they hit Xero or QuickBooks.
However, the Established tier maxes at 750 documents per month for $69 — busy firms blow through that quickly and end up negotiating custom. IRIS will eventually fold this into Elements pricing; lock in standalone terms now, run a 60-day pilot on one client book, then renegotiate before the suite consolidation.
Multi-client accountant dashboard and data-confidence scoring differentiate against AutoEntry and Hubdoc.
Board-defensible — 12,000 accounting firms and a brand that survived two ownership changes.
14-day trial with no credit card, mobile capture day one, and 30-plus accounting integrations.
Narrow but deep AP and bookkeeping automation that plugs directly into Xero, QuickBooks, and Sage.
IRIS Software Group ownership plus 15 years in market and 700,000 active businesses.
Accounting firms who manage multiple client books in Xero or QuickBooks.
Solo founders who only process a handful of receipts each month.
Bookkeeping automation at 700K-business scale, now an IRIS Software portfolio piece after the December 2024 close.
“Dext serves 700,000 businesses and 12,000 firms with 99%+ extraction accuracy and Supplier Rules wired into Xero, QuickBooks Online, and Sage. IRIS Software Group closed its acquisition on December 23, 2024, putting the data-capture layer inside a broader practice-management portfolio.”
700,000 businesses and 12,000 accounting firms on the platform, now sitting inside IRIS Software Group after the December 23, 2024 close. For a Practice Leader picking the data-capture layer that feeds 30+ ledger integrations, installed base at that scale is the gating signal.
The craft signal is Supplier Rules paired with data confidence scoring that flags duplicates before they hit Xero or QuickBooks Online. Eleven thousand five hundred bank feed connections and the multi-client dashboard separate Dext from AutoEntry and Hubdoc. Dext Precise, the bookkeeping quality layer, is the piece that compounds over a three-year client book.
However, the catch is the document cap. Starter at $24/month tops out at 250 documents and Established at $69/month at 750 — a 15-seat firm with mid-volume clients renegotiates inside year one.
Installed base of 700,000 businesses and 12,000 firms separates Dext from AutoEntry and Hubdoc in firm-side ergonomics.
Multi-client firm dashboard and Supplier Rules match how practice leaders actually run bookkeeping ops.
30+ accounting integrations and 11,500 bank feed connections cover almost any firm stack.
IRIS Software ownership since December 23, 2024 introduces portfolio-roadmap uncertainty over a three-year horizon.
Dext Precise plus data confidence scoring shows depth beyond pure capture, though the OCR layer is now table stakes.
Accounting firms who manage 50+ client ledgers across Xero and QuickBooks Online.
Solo bookkeepers who process under 100 documents a month.
Hg-backed since 2021, Starter at $24/month — but 250 documents caps fast for active bookkeepers.
“Dext lists three tiers on its public pricing page, with Starter at $24/month for 250 documents and 5 users. Hg Capital took a major stake in 2021, removing vendor runway risk, but the document cap is the real cost driver.”
Hg Capital became a major Dext shareholder in 2021, weeks after the Receipt Bank rebrand. Kennet Partners exited at 4.4x. Vendor runway risk is low. The platform serves over 700,000 businesses and 12,000 accounting firms.
Starter lists $24/month for 5 users and 250 documents. Growth is $46.50 for 500. A 5-person firm at 1,000 receipts a month exits Established before year one. Document overage, not seats, is the cost driver.
Hubdoc bundles free with QuickBooks Online — zero sticker if you already pay for QBO. AutoEntry meters per credit, which suits seasonal volume. Dext charges flat per tier with Supplier Rules and Dext Precise driving stickier workflows. The tradeoff is predictability over price — the invoice won't surprise you, but Hubdoc will be cheaper for small books.
Self-serve monthly tiers and visible pricing keep procurement friction low.
14-day trial with no credit card, monthly billing, data export available post-trial.
Three tiers published with seat and document limits, no SSO tax surfaced.
Dext Precise data confidence scoring gives a measurable quality KPI per client.
Document caps drive upgrades fast and no public overage rate is listed.
Accounting firms who process 250 to 750 documents per month.
Bookkeepers who already pay for QuickBooks Online.
Email-in receipts publish to Xero clean, but Confidence thresholds aren't tunable per client.
“Email-in capture and Supplier Rules carry Dext for accounting practices already standardised on Xero or QuickBooks Online. The catch is per-client confidence thresholds aren't tunable and multi-client switching still triggers a full reload.”
Email-in capture is the most-used lane in any bookkeeping shop. Vendor, date, net, VAT, and line splits come back populated after the message lands; the 99% accuracy claim holds for clean supplier PDFs, but handwritten cab receipts shot under fluorescent pub light still need a human eye.
Supplier Rules earns the seat price. Set the GL code, tax rate, and tracking category once, and Direct Publishing pushes invoices into Xero or QuickBooks Online without a clerk touching them. Hubdoc bundles free with Xero but its rule engine is thinner; AutoEntry's per-credit model gets ugly past 500 documents a month.
However, Confidence score thresholds aren't editable per client, so a tight practice can't auto-publish at 95% for trusted suppliers and hold at 99% for new ones. Multi-client switching on the $24 Starter tier triggers a full reload — the daily fight on a 40-client roster.
Email-in and mobile capture become muscle memory fast; the 99% extraction holds on clean supplier PDFs.
Help center and the Dext Academy speak accountant vocabulary — GL code, tax rate, tracking category — not generic SaaS terms.
Per-client confidence threshold lock and full-reload multi-client switching add up over a 40-client roster.
Supplier Rules with auto-publish is real depth, but the absence of per-client thresholds caps the practice-level power user.
30+ accounting integrations including Xero, QuickBooks Online, and Sage push directly without middleware.
Accounting practices who already standardise clients on Xero or QuickBooks Online.
Solo bookkeepers who process under 50 documents a month.
Dext does the boring receipt-to-ledger work well, but the post-IRIS acquisition hangover is still real
“Dext does receipt-to-ledger automation well for accounting practices, with 99%+ extraction accuracy and 30+ accounting integrations including Xero and QuickBooks. The catch is the IRIS acquisition still settling and a Starter tier at $24/month that maxes out at 250 documents.”
Three months in, OCR accuracy isn't what breaks bookkeeping software. What matters is whether the part-time bookkeeper actually uses the mobile capture. Dext leans into that — the app is the front door, not an afterthought, and email-forwarding lets receipts hit the pile from anywhere.
Supplier Rules are the quiet hero. Set one for a recurring vendor and invoices publish straight through to Xero or QuickBooks Online with nobody touching them. Dext claims 99%+ extraction accuracy, 30+ accounting integrations, and bank feeds across 11,500+ institutions. The multi-client dashboard is where this earns its reputation against AutoEntry and Hubdoc.
The IRIS Software Group acquisition from December 2024 is still settling, however, and the $24/month Starter tier with 250 docs runs thin fast for a real practice. You'll be on Growth at $46.50 by month two.
Mobile capture treated as primary flow rather than afterthought; multi-client dashboard is mature for accountants.
Supplier Rules and the practice dashboard pay off month-three but require an accountant brain to configure well.
iOS and Android apps anchor the capture flow rather than serving as read-only companions to the web app.
14-day trial requires no credit card and data export remains available if you do not subscribe.
99%+ extraction accuracy claim is backed by 15 years operating from Receipt Bank through the Dext rebrand.
Accountants who manage multiple SMB clients through Xero or QuickBooks Online.
Solo freelancers who file under 50 receipts a month.
Acquired by IRIS December 2024 — 2010 receipts and 700K customers, but the standalone story is over.
“IRIS Software Group closed the Dext acquisition in December 2024, so the roadmap now answers to a UK accounting-suite parent. The fundamentals hold up — 2010 founding, 700,000+ businesses, and Dext Precision adds real data-quality signal on top of capture.”
IRIS Software Group closed the Dext acquisition in December 2024. That's the lens now. Standalone roadmap reports to a UK accounting-suite parent, not founder-led. Happens to good bookkeeping tools — Hubdoc went to Xero in 2018, AutoEntry to Sage in 2019. Pattern, not panic.
The receipts hold up. Founded 2010 as Receipt Bank, rebranded February 2021, 700,000+ businesses and 12,000 firms cited. Dext Precision (the old Xavier Analytics) adds data-confidence scoring on top of capture. 30+ accounting integrations including Xero and QuickBooks Online. 99% extraction accuracy claim.
The catch is volume math. Starter at $24/month caps at 250 documents — busy firms hit the Established tier at $69 fast. Against Hubdoc bundled free with Xero, you're paying for Precision and supplier rules. Exit travels — extracted CSV plus the published ledger entries.
Multi-client dashboard and Dext Precision data scoring are real, but Hubdoc bundled with Xero erodes the pricing case for many.
Extracted data lands in Xero or QuickBooks directly, so the bookkeeping ledger itself remains portable if you leave Dext.
IRIS Software Group ownership stabilizes funding but subordinates the standalone roadmap to a broader accounting suite strategy.
The 99% accuracy claim and 700,000+ customer count are specific and verifiable rather than aspirational superlatives.
Founded 2010, profitable enough to acquire Xavier Analytics and Greenback, then bought by IRIS in 2024 — survivor pattern.
Accounting firms who manage multiple client ledgers across Xero and QuickBooks.
Solo Xero users who already get Hubdoc bundled for free.
Common questions answered by our AI research team
No, Dext does not require credit card information to start the 14-day free trial. Payment information is only requested if you decide to subscribe to a paid plan.
After the free trial ends, Dext stops processing your documents. You will then have the option to subscribe to a plan to continue using the software or export your data.
Yes, if you decide not to subscribe after the free trial, you have the option to export your data.
Company
DextFounded
2010Pricing
From $20/moFree Trial
Available
Dext is a London-based pre-accounting platform that automates receipt and invoice capture, data extraction, and publishing to cloud accounting software for bookkeepers.
