Full Review
Dext (formerly Receipt Bank) has established itself as the leading document processing solution for accountants and bookkeepers. The platform’s AI-powered approach to data extraction and categorisation eliminates the tedious manual entry that consumes so much accounting time.
99.9% Accuracy That Delivers
The headline claim is 99.9% accuracy on data extraction, and in practice, Dext delivers. The OCR reads supplier names, amounts, tax details, and due dates reliably - even from crumpled, faded, or handwritten receipts. This accuracy is what makes genuine automation possible; without it, you’d spend time correcting errors instead of saving it.
AI That Learns Your Preferences
What elevates Dext beyond simple OCR is its learning capability. The AI remembers how you categorise specific suppliers, which payment methods you use, and what tax codes apply. Set the rule once, and Dext applies it automatically to all future transactions from that supplier. This compounds time savings as your rule library grows.
Capture Flexibility
Dext understands that documents arrive through many channels. The mobile app lets you snap photos on the go. Email forwarding captures invoices directly from your inbox. WhatsApp integration meets clients where they already communicate. Dropbox sync handles bulk uploads. Direct bank feeds bring transactions in automatically. This flexibility removes friction from the capture process.
Massive Integration Network
With connections to 11,500+ banks, e-commerce platforms, and payment systems, Dext can pull data from almost anywhere. Amazon, Shopify, Stripe, PayPal - the major platforms are covered. On the output side, direct sync with 30+ accounting platforms including Xero, QuickBooks, and Sage means processed data flows seamlessly into your books.
Pricing Considerations
Dext’s pricing is based on volume - per-client for accountants, per-item for businesses. This works well for high-volume practices but may feel expensive for those with fluctuating volumes or many small clients. Bank statement processing and detailed line item extraction may incur additional costs beyond base plans.
Recent Developments
Dext was acquired by IRIS, which may bring changes to the platform over time. For now, the product continues to operate as expected, but it’s worth monitoring for any shifts in pricing or feature development.
Our Recommendation
Dext remains the go-to solution for automated document processing in accounting. The accuracy is exceptional, the integrations are comprehensive, and the AI learning genuinely reduces work over time. For practices handling significant receipt and invoice volumes, the time savings typically deliver strong ROI. The 14-day free trial makes evaluation risk-free.