10 Reasons Why Businesses Choose Dext Prepare

Your business is precious, and so is your time. With over 1.2 million users around the world and 700.000 businesses supported, Dext Prepare is the bookkeeping automation platform of choice. There isn’t one reason why so many companies choose Prepare - there are several. 

Here’s why Dext Prepare is the best bookkeeping and accounting software in the market for small and medium businesses:

1. Data extraction at industry-leading accuracy of 99%+

Whether it’s a receipt, an invoice or a bank statement, Dext Prepare easily captures and extracts all the data you need with over 99% accuracy, the highest in the market. Then it’s easy to send the standardised information to your accounting software without having to sit and enter it manually. 

This dramatically reduces errors in financial data extraction and gives you and your accountant the peace of mind that you’re always on top of your paperwork.

2. Fast processing time per document

Dext Prepare’s processing time is market-leading. Although Dext processes over 20 million documents a month, the average processing time is under 30 seconds compared to 2 minutes of manual entry time. In fact, 65% of all submissions take only 8 seconds! Over 85% of bank statement extractions are done within 2 hours - and none takes more than 24 hours.

That’s valuable time you can use to focus on serving your customers and growing your business instead of doing admin work.

3. Powerful and reliable

Dext products have over 99.99% uptime - in other words, it never crashes. In the last 12 months, for example, we had only 14 minutes total downtime for maintenance. Dext Prepare is the most stable, reliable and accurate data capture tool in the market, giving you the peace of mind you need.

4. There are 9 submission methods

With Dext Prepare you have nine ways to submit paperwork throughout the year, so you can keep on drip-feeding your invoices and receipts whenever you need, any way you can.

Here are the 9 easy and convenient ways to submit paperwork to Prepare:

• Dext mobile app
• Drag and drop
• Email
• Invoice fetch
• Bank fetch
• PayPal
• Dropbox
• Qonto
• Mileage

Once you submit your paperwork, Dext Prepare automatically processes, extracts and stores digital copies in our secure cloud storage system. So when you or your accountant need to check your paperwork, everything is already in place. No more time wasted searching for missing receipts.

5. Amazing features 

Dext Prepare has powerful features to automate paperwork processing, improving recoverability by making your business more efficient. 

Its in-depth supplier rules can automate the categorisation of transactions and auto-publish straight to Xero, QuickBooks or whichever platform you choose. You can also automatically set currency and tax rates by supplier to make sure you pay the right amount. There are loads of other useful features you can explore to customise the way you use Dext.

6. Most accounting software integrations in the industry 

There are 34 integrations available across Prepare – the most accounting software integrations in the industry, making it easy for you and your accountant. The platform also supports over 11,500 banks and institutions - so whatever you already work with, Dext Prepare will work for you.

We continually reinvest into our products and integrations, so whatever technology comes next, your business will be covered. In the last five years alone, we’ve added 21 integrations to ensure the Dext platform remains the most widely integrated in the accounting software ecosystem. And there are more coming!

7. All paperwork digitised and securely stored for 10 years

Dext removes the need for physical storage space at no additional cost. The data is stored for 10 years using bank-level encryption and is fully GDPR compliant. This gives you peace of mind, ensures no documents get lost and everything is easily accessed if you need.

8. Continuous reinvestment and improvement

Dext ensures the product you use is always at the forefront of industry advancements so you know your business is supported by the cutting edge of the finance industry. In the last five years, we’ve released over 300 new features to take your business accounting automation to the next level.

That’s why data extraction from documents submitted into Dext Prepare is now 16 times faster than five years ago - all whilst maintaining the industry-leading accuracy of 99%+. This commitment to continuous improvement means you’ll always have the best and most reliable technology at your service.

9. Resources and 24/5 Customer Support

Dext is very easy to use, and our Help Centre is filled with all the information about the platform. You also get access to a library of online resources and live training webinars, so you can get up to speed in a way which suits you and your team.

You also have access to our technical Customer Support team, so you can be certain of business continuity even in your busiest periods. Made up of 40+ passionate individuals with technical expertise in integrations, submissions, expense reports and much more, the team is available 24 hours a day Monday-Friday. You can contact us via live and offline chat, email or directly from your app.

 10. We listen

Have a suggestion? We’re all ears! To ensure the new features we release for our clients are of real value to them, we openly source feedback for product features on our UserVoice platform, which the Dext community can vote on. We then build the new features, beta test them with requesters and put them live for our entire user base. Working in this way means we continue to upgrade our products with the user front and centre.

With so many benefits, it’s no surprise that Dext Prepare enjoys glowing reviews from our users for its simplicity, ease of use and the amount of time it saves them. We’re also rated consistently highly on all major app stores and review websites, including Google Play, Apple App Store, Xero App Store and QuickBooks Apps.

No one is quicker, more accurate or reliable than Dext Prepare.

Discover how Dext can help you take your business to the next level. Start a free trial today!