Bookkeeper: Enhance Your Accuracy and Productivity with Dext

Traditional methods of manual data entry and paper-based record-keeping are not only time-consuming but also prone to errors. This can put bookkeepers - and business owners - at risk, since accuracy is the most important aspect of bookkeeping to ensure compliance and business planning. Thankfully, there’s an easier and quicker way to do so.

Enter Dext, the automated bookkeeping tool that is transforming how accountants, bookkeepers and business owners operate and collaborate. By streamlining data capture and processing, Dext enhances data quality and accelerates workflows, enabling bookkeepers to take on more clients and grow their businesses. 

Let’s check the impact of Dext’s main benefits to help bookkeepers:

Streamlined Data Capture

One of the most significant challenges bookkeepers face is the sheer volume of expense documents from several clients that need to be processed and reconciled. Dext addresses this challenge head-on with its advanced data capture technology.

• Easy Receipt and Invoice Management

Dext allows bookkeepers and their clients to capture receipts, invoices and bank statements with a simple snap of a photo using a mobile device. These images are then automatically uploaded to the Dext app, where the information is extracted with remarkable accuracy. Documents can also be submitted via email, bank fetch and several other methods. This eliminates the need for manual data entry - significantly reducing the risk of errors and saving valuable time.

• Optical Character Recognition (OCR)

At the heart of Dext's data capture capabilities is its powerful Optical Character Recognition technology. OCR scans the uploaded documents and extracts key information such as dates, amounts and vendor names with exceptional precision - the highest in the market, in fact. This ensures that the data entered into the bookkeeping system is both accurate and complete, leading to better financial records.

Find out how LWA is taking their clients on a digital transformation journey with Dext.

Improved Data Quality

High-quality data is the foundation of effective bookkeeping - not only for compliance, but also to provide better advisory services. With Dext, bookkeepers have full data quality control and can be confident that the numbers they are working with are accurate and reliable.

• Automatic Categorization and Coding

Dext goes beyond simple data extraction by automatically categorizing and coding expenses based on predefined rules powered by AI and machine learning. This not only speeds up the bookkeeping process but also ensures consistency in how transactions are recorded. Bookkeepers can set up custom rules to match specific needs, making the platform highly adaptable to different workflows.

Find out how Dext helped Woodbridge Waterfields expand its services and reach.

• Real-Time Data Sync

Dext seamlessly integrates with popular accounting software such as QuickBooks, Xero, Sage and more. This way, the data captured through Dext is easily synced with the system of your choice in real-time and it’s ready to be submitted. Bookkeepers no longer need to worry about discrepancies or delays in data updates, leading to more accurate and up-to-date financial records.

Faster Workflows

By automating many of the tedious and time-consuming tasks associated with bookkeeping, Dext allows bookkeepers to work more efficiently and effectively. 

• Time Savings

The automation of data entry and categorization means that bookkeepers can process transactions in a fraction of the time it would take manually. This time savings can be redirected towards more value-added activities such as financial advisory, client relationships and business development - or simply improve work-life balance.

• Enhanced Productivity

With Dext handling the heavy lifting of data capture and processing, bookkeepers can manage a higher volume of work without sacrificing accuracy and quality. This increased efficiency and productivity enables bookkeepers to provide other services or take on more clients, thereby expanding their own business and boosting their revenue.

Find out how Gecko Bookkeeping achieved a 60% reduction in manual data entry with Dext.

Taking on More Clients

One of the most compelling benefits of using Dext is the ability to scale bookkeeping services. By enhancing accuracy and productivity, Dext frees up capacity for bookkeepers to grow their client base - helping their practices generate more revenue.

• Scalable Solutions

Dext is designed to accommodate bookkeeping practices of all sizes, from solo practitioners to large firms. Its scalable nature means that, as your business grows, Dext can grow with you - providing the same level of efficiency and accuracy regardless of the number of clients.

• Competitive Advantage

In a competitive market, the ability to offer fast, accurate and reliable bookkeeping services powered by reliable technology is a significant differentiator. Dext provides bookkeepers with a smart tool to deliver exceptional service, helping them stand out from the competition - as well as attract and retain new clients. In summary, using technology to become the bookkeeper of the future.

Find out how Dext helped Bas & Balances acquire four times more clients.

As you can see, Dext is a game-changer for bookkeepers, offering a comprehensive solution to streamline data capture and processing. By improving data quality and accelerating workflows, Dext enhances accuracy and productivity, allowing bookkeepers to take on more clients and grow their businesses. 

Embrace the future of bookkeeping with Dext and transform the way you manage financial data. Find out more or start a free trial now!