Dext
AI-powered receipt and expense capture for accounting firms
About Dext
Dext (formerly Receipt Bank) is a document processing and expense management platform that uses AI-powered OCR to extract data from receipts, invoices, and bank statements with over 99% accuracy. The platform recently launched Dext Assist AI, which adds intelligent categorization suggestions and anomaly detection on top of its core document capture capabilities. Dext integrates tightly with QuickBooks, Xero, and Sage, making it a standard tool in most accounting firm tech stacks. For firms, Dext Practice automates document collection from clients, reducing the chase for missing paperwork. The platform processes documents in multiple languages and currencies, making it suitable for international operations. Dext's pricing is per-client for accounting firms, which can add up for practices managing large client bases.
Best for
Accounting firms needing automated receipt and invoice capture with direct GL integration into QBO, Xero, or Sage
Pros & Cons
Pros
- 99%+ document processing accuracy across receipts, invoices, and bank statements.
- Dext Practice automates client document collection, reducing manual follow-up.
- Tight integration with QBO, Xero, and Sage for direct GL posting.
- New Dext Assist AI adds intelligent categorization and anomaly detection.
Cons
- Per-client pricing can become expensive for firms with large client bases.
- Not a full bookkeeping platform — it's a data capture tool that feeds into other systems.
- Some users report occasional OCR errors on handwritten or poorly formatted receipts.
- Rebranding from Receipt Bank caused confusion and some legacy integration issues.
Ledger Brief Take
The undisputed leader in document capture for accounting practices, with OCR accuracy that actually delivers on its 99% promise and Practice edition features that turn client document collection into a hands-off process. The new Dext Assist AI feels more like smart automation than revolutionary intelligence, but when your core product already handles the heavy lifting this well, incremental AI enhancements make sense.