Dext, the leading bookkeeping automation platform provider, has announced it is combining its three products into one integrated experience, which it hopes will remove the friction between businesses, bookkeepers and accountants.
Dext’s Bookkeeping Automation Platform will connect Dext’s Data Capture, Data Health & Insight, Data Automation and Practice Productivity in one place, making it easier for users to capture data in real-time while ensuring accurate recording.
Stephen Edginton, Chief Product and Technology Officer, says: “By unifying our Prepare, Precision and Commerce products in one place, we are enabling customers to combine an upgraded Dext Prepare user experience and its leading data capture, automation technology and applied AI, with Precision’s data health add-ons, client by client, within one product. Dext customers will soon be able to access a range of productivity dashboards and tools in one place, so they can focus their time on helping clients where it matters most.”
Dext has also unveiled the release of three new features:
- A new and improved Dext mileage functionality which will allow users to create a mileage claim on web or mobile, either via recording the trip automatically or after the trip. Dext will then automatically calculate the amount that should be reimbursed based on legislative requirements or custom information.
- Approval workflow functionality which will enable businesses to efficiently approve invoices, mileage claims and employee expenses, ensuring all transactions are verified and approved by the right people, providing customers with enhanced financial accuracy and control.
- Supplier Statement extraction and verification functionality which will ensure complete and error-free supplier records for financial accuracy and better decision-making from businesses and their advisors. The functionality will also protect businesses by detecting errors and fraud through identifying discrepancies and preventing fictitious invoices
These new features will provide businesses with a clear and immediate view of all their expenses, enabling more accurate budgeting and cash flow management.
