Dext launches Vault, unlocking AI-powered document storage for accountants, bookkeepers and SMBs

LONDON,UK - MONDAY 28TH APRIL 2025 - Dext, the leading provider of bookkeeping automation and part of the IRIS Software Group, today announces the launch of Vault, an AI-powered document storage solution built to help accountants, bookkeepers, and SMBs stay organised, compliant, and in control.

In today’s economic climate, where every hour and resource matters, administrative overload is draining productivity. Accountants and bookkeepers are spending more time chasing paperwork than providing the strategic business advice needed. Meanwhile, small business owners are drowning in documentation, losing time and momentum searching across inboxes, drives, and filing cabinets.

Vault is Dext’s direct answer to the tax of unnecessary admin. It gives users a dedicated space within Dext to store and share essential business documents, such as contracts, leases, loan agreements, and policies, separate from cost and sales space. Powered by AI, Vault is designed to replace scattered systems with one organised, intelligent hub, helping users regain control of their time and focus on higher-value work. 

Vault marks the 38th product update Dext has delivered in 2025, demonstrating the company’s ongoing commitment to rapid innovation and creating tools that truly respond to user needs. As part of this momentum, Dext continues to develop AI-powered features that help accountants, bookkeepers and small business owners cut through complexity and stay ahead. 

Stephen Edginton, Chief Product and Technology Officer at Dext, says “Being organised in business is critical. Not just for success, but for ensuring compliance and maintaining clarity in an increasingly complex environment. Accountants and bookkeepers are expected to provide advice that’s timely, accurate, and tailored; and AI can only support that when it’s grounded in the right context.

“Vault was developed in direct response to what we saw our customers needing: a secure, intelligent space to manage vital business documents beyond cost and sales. They were already looking to Dext for more, and we listened. Vault doesn’t just store documents, through AI it intelligently organises them, extracts key data and helps teams work smarter, collaborate faster and grow with confidence. It supports compliance, and empowers advisory work.”

What makes Vault different 

No other solution on the market offers the same level of intelligent automation. Vault uses advanced AI to automatically summarise, name, tag and categorise documents, making them instantly searchable and saving hours of time. It also extracts due dates so users can clearly see what’s coming up. The search functionality is significantly more advanced than existing tools, ensuring nothing gets lost, buried, or forgotten.

Four core benefits of Vault

1. Secure, centralised storage: Single, structured home for important documents, eliminating the chaos of scattered systems
2. AI driven organisation: Documents are summarised, tagged and searchable instantly, plus key due dates are extracted to help users stay on top of obligations
3. Seamless collaboration: Secured, simple file sharing between accountants and clients or across internal teams without relying on email or third party tools 
4. Tailored access and control: Permission settings let users decide who can view or edit sensitive documents, supporting security and compliance 

Sabby Gill, CEO of Dext, says “With Vault, we’re helping our customers take back control of their time. In today’s economic climate, no one can afford to be buried in admin. By cutting through admin overload, we’re removing friction, unlocking productivity, and freeing professionals to focus on the work that really drives value: advising clients, growing businesses, and navigating uncertainty with confidence.”

Vault is available in two versions to suit different user needs. The standard Vault offering is free for all Dext users and includes essential features for everyday document management. For those who need more advanced functionality, Vault+ provides increased storage, additional AI credits, and in the future, access to premium features as they’re released. At launch, Vault will be accessible to all Dext customers on the enhanced experience, including both accounting partners and small businesses.

###  

About Dext:

Dext is the leading provider of bookkeeping automation, empowering businesses, accountants, and bookkeepers to thrive through innovative AI and machine learning (ML) technology that simplifies accounting processes and drives smarter, more timely financial decisions. Leveraging advanced AI and ML models, Dext achieves financial data extraction accuracy of 99.5%, Dext has been trained on over 1 billion receipts and invoices, saving bookkeepers over 35 million hours of manual data entry. Trusted by 12,000 accounting and bookkeeping firms and 700,000 businesses, Dext seamlessly integrates with most major accounting software and connects to over 11,500 banks, suppliers, and marketplaces worldwide.

In 2024, Dext joined IRIS Software Group to integrate its bookkeeping platform with IRIS’s cloud-based solutions, creating a more seamless, end-to-end accountancy workflow. Together, they continue to maximise efficiency and boost productivity, liberating customers to focus on what truly matters.

Please visit our website at https://www.dext.com.