Unlocking financial insights with Dext Prepare
In today's data-driven business landscape, gaining valuable financial insights is essential for informed decision-making. Dext Prepare’s Financial Insights feature is a powerful tool that enhances financial data analysis, offering a comprehensive view of your financial performance. Explore how this feature works and how it can empower your financial decision-making process.
The benefits of the Financial Insights feature
Financial Insights transforms raw data into actionable information, enabling data-driven financial decisions and a clear understanding of financial health
Enhanced financial control:
By automating data analysis, it reduces errors and ensures accurate financial reporting.
Comprehensive financial reporting
Generating detailed financial reports, including income statements, balance sheets, and cash flow statements, offering a complete view of financial performance.
Proactive financial strategy
The insights gained empower businesses to adjust their financial strategies proactively, whether optimising expenses, identifying growth opportunities, or managing cash flow.
How it can help you..
Financial Insights simplifies financial data analysis, saving time and resources, and leading to better financial decision-making and improved financial strategies.
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What is the Financial Insights Function?
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Dext Prepare's Financial Insights is like a smart helper for your
money.
It gathers and studies all your financial information from different places,
and then it shows you a complete view of how your money is doing. It's like
having a personal financial detective that brings together data from various
sources to give you a clear and comprehensive picture of your financial
performance.
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How does the financial insights function work?
- Financial Insights uses advanced algorithms and data analytics to process financial data.
- It automatically extracts and consolidates data from sources like invoices, receipts, and bank statements.
- The system then transforms this data into meaningful reports and visualisations, making complex financial information easy to understand.
Connect Dext Prepare to your accounting software
Whether you're using Xero, QBO, Sage or another provider, Dext products connect seamlessly with the world's leading accounting software. Dext Prepare can help your business automate your everyday financial operations, giving your business the platform to grow.
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FAQs
Visit our Dext pricing page for small to medium businesses. If none of these plans fit your business, you can also email us at direct@dext.com.
Dext has three main products that can help you and your business. Dext Prepare for automated data extraction, Dext Precision for accountancy practice data insights and Dext Commerce to manage e-commerce sales data. Our tools help you deliver consistent, quality bookkeeping work and accounting services that are in line with compliance.
If your business is looking to save time spent on admin, whilst ensuring data accuracy, Dext Prepare is for you. Dext Prepare allows you to have an up to date, real-time view of your business spending via an easy to use app, without having to contact your accountant.
Dext Prepare is a pre-accounting software used to manage the receipts, invoices and other documents that businesses depend on to keep accurate, secure financial records. Our software enables you to easily import, export and publish relevant financial records across multiple devices and softwares. Whether it's a receipt, an invoice or a bank statement, upload it (using the Dext Mobile App / Email / Desktop / Invoice Fetch) and Dext will extract the data you need, then send it to your accounting software.
Dext's automation software accurately extracts data from supplier invoices, expenses, bank statements, sales invoices and digital sales. These are all captured, coded and sent to the accounting products you use.
Dext's automation software accurately extracts data from supplier invoices, expenses, bank statements, sales invoices and digital sales. These are all captured, coded and sent to the accounting products you use. Dext lets you simplify your invoice process by capturing and extracting data from your paper invoices, and publishing them straight to your accounting software. Dext also offers the Invoice Fetch feature, which automatically collects your bills and invoices from supplier websites. This means that you don’t have to spend time logging into websites, finding your documents and downloading them. Instead, we automatically check each of your authorised suppliers once a week and add any new documentation straight to the inbox.
Dext uses OCR (optical character recognition) and templating technology to extract written information from receipts, invoices and other financial documents. It presents visible data in an electronic and easy-to-manage format. Software known as OCR for receipts is utilized to convert scanned paper receipts into data that can be processed. This technology is paired with data extraction, which isolates essential details from each type of document.
Dext's automation software accurately extracts data from supplier invoices, expenses, bank statements, sales invoices and digital sales. These are all captured, coded and sent to the accounting products you use.
You can take out a trial of Dext Prepare without needing to provide any payment information up front. Start a free trial now!
