Dext Pricing Plans and Tiers

Dext (formerly Receipt Bank) has carved out a dominant position in the bookkeeping automation layer - the space between raw receipts and accounting software. Its AI-powered data extraction processes invoices, receipts, and bank statements into structured data that flows directly into QuickBooks, Xero, or Sage, eliminating manual data entry for accountants and bookkeepers. The 2024 acquisition by IRIS Software Group for £500M validates Dext's position as essential infrastructure in the accounting workflow rather than a nice-to-have add-on.

Dext's pricing follows a per-user, per-document model that scales with business complexity - starter plans cover 5 users and 250 documents/month at ~$31/month, while premium tiers support 20+ users and 3,000+ documents at $67-100/month. This document-based pricing creates a natural expansion trigger: as businesses grow and process more invoices, they're forced into higher tiers. The 20% annual billing discount is standard for SaaS but worth noting given the document volume caps.

The competitive moat is integration depth - Dext connects to 11,500+ banks and financial institutions globally, with native integrations to every major accounting platform. This breadth makes switching costly for accounting firms that have built their workflow around Dext's extraction pipeline. Expensify competes on the expense management side but lacks Dext's focus on accountant workflows and practice management features.