Dext Prepare

Dext Prepare is an OCR & scanning platform used to upload and analyse receipts, invoices, and other documents that businesses depend on to keep accurate and secure financial records.

The system allows you to send in a document then the automated extraction engine will be able to analyse all of the key data (contact name, date, VAT rate, total etc) and then display it in an easy-to-manage format. This will then connect to an accounting programme such as Xero/Quickbooks then raise this in the programme, saving you all the time entering it manually.

The image of the documents uploaded to Dext Prepare will all be kept on the system for a minimum of ten years, allowing you to comply with HMRC compliance and throw away unwanted receipts.

Dext Prepare can really help businesses to save time and reduce human error with integrations and the automatic transfer of data.

Dext Prepare at a glance:

Cost

£22-£65 a month for small-medium businesses | £159-£325 per month for accounting or bookkeeping firms

Competitors

Basecone, AutoEntry, Hubdoc, Datamolino.

Function

Sort, prepare and publish paperwork

USP

Dext’s business model is based around users, documents and clients, which may be preferable over the other options out there

Use case

Storing, manipulating and uploading data

Features

Analyse tax and payment timing

Strengths

Dext speeds up bookkeeping, and is efficient

Considerations

Some users have struggled with the tax code integration with Xero

Target customers

Business owners and Accountants