Dext

Overview

Dext (rebranded from Receipt Bank in February 2021) is a London-headquartered receipt-capture and accounts-payable automation platform widely used by Irish accountancy practices to eliminate manual data entry. It does not issue company cards or process payments; instead it ingests receipts and supplier invoices via mobile app, email forwarding, web upload, and direct supplier-portal fetch, then extracts the line-item data with OCR and pushes it into Xero, Sage (Sage 50, Sage Accounting, Sage Business Cloud), QuickBooks, and roughly 30 other accounting platforms. Pricing in Ireland starts at around EUR31.50/month for the Business plan (5 users and 250 documents/month included, with a 20% discount on annual billing), with a separate Practice plan for accounting firms starting around EUR239/month for 10 clients. The platform supports automatic VAT-rate detection including Ireland's 23%, 13.5%, 9% and 0% rates. Data is hosted in the UK and the EU - on the EU side this satisfies GDPR residency expectations; the UK side relies on the EU's UK adequacy decision and should be confirmed with your DPO. Receipt images stored in Dext meet Revenue's 6-year retention requirement per eBrief 09/15. Dext (formerly Receipt Bank, founded 2010) was acquired by Hg Capital in April 2021 and then sold by Hg to IRIS Software Group in December 2024, so it now sits inside the IRIS portfolio - Dext has never been a Sage product, which matters because it competes directly with Sage's own receipt-capture product, AutoEntry (Sage-acquired in 2019).

Compliance reference

Compliance vocabulary for Dext

Irish terms that shape how this software is bought, configured, and audited.

• Accounts Payable (AP) automationaka AP automation, supplier invoice automation, purchase invoice automation

  Software that automates the supplier-invoice side of the ledger: capture of incoming supplier invoices, auto-coding to nominal and VAT, approval workflow, and payment posting. Distinct from expense management, which handles employee-initiated spend.

• Receipt capture (OCR)aka OCR receipt capture, receipt scanning software, receipt automation

  Software that ingests a photographed, emailed or scanned receipt and uses optical character recognition to extract structured fields - supplier, date, net, VAT rate, VAT amount, currency - so the receipt can be posted to accounting software without manual keying.

• Receipt-to-VAT stackaka receipt-to-VAT pipeline, spend-to-VAT-reclaim stack, expense-to-VAT stack

  Vendors.ie term for the integrated four-layer workflow that moves an Irish SME from a business spend transaction to a Revenue-compliant VAT reclaim line without manual data entry: card or bank feed, receipt capture, VAT extraction, and accounting integration.

See the full Irish compliance glossary →

Pros and Cons

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