Receipt Bank
What is Receipt Bank?
Receipt Bank, now known as Dext, is a software-as-a-service (SaaS) platform designed to automate the process of collecting, processing, and storing financial documents, such as receipts, invoices, and bank statements. It extracts key data from these documents using Optical Character Recognition (OCR) and machine learning, then integrates this data with accounting software like Xero, QuickBooks Online, and Sage. This eliminates manual data entry, reduces errors, and provides real-time financial insights. It is commonly used by small businesses, accountants, and bookkeepers to streamline their expense management and bookkeeping processes.
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