Dext Prepare Alternative

Cloud-based bookkeeping automation for accountants and businesses. 99% OCR accuracy for invoices, receipts, and bank statements with direct Xero/QuickBooks integration.

AI ParserLondon, UKFounded 2010

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Company Overview

About Dext Prepare

Cloud-based bookkeeping automation for accountants and businesses. 99% OCR accuracy for invoices, receipts, and bank statements with direct Xero/QuickBooks integration.

Team Size:300+
Funding:$120M+

Target Market

UK accounting firms and bookkeepers managing multiple SMB clients

Business Size:

small

Industries:

AccountingBookkeeping

Geography:

UKIrelandAustralia

Features Overview

AI-Powered

UK Compliance

VAT Support

CIS Support

Automation

Mobile App

API Access

Custom Templates

Multi-Currency

Batch Processing

OCR Accuracy: 99%

Accounting Integrations

XeroQuickBooksSageFreeAgent

Pricing Structure

Essentials

GBP232.86/month
  • 15 clients (minimum)

  • £15.52 per client

  • 50 documents/client average

  • Basic OCR

  • Email support

Users:

15

POPULAR

Advanced

GBP250.11/month
  • 15 clients (minimum)

  • £16.67 per client

  • Line item extraction

  • Bank statement fetch

  • Priority support

Users:

15

Additional Usage Fees

Add-ons apply for line items and bank statements beyond included amounts

Pros & Cons

Strengths

5
  • Strong UK presence (London HQ, UK-focused)

  • 99% OCR accuracy (best in class)

  • Full CIS support for UK construction

  • Deep Xero/QuickBooks integration

  • Popular among UK accounting firms

Weaknesses

5
  • Expensive for SMBs (£232/mo minimum for 15 clients)

  • Per-client pricing adds up quickly

  • Designed for accounting firms, not direct SMBs

  • Complex pricing with add-ons

  • Minimum client requirements

Customer Reviews

4.4

Overall Rating

4.3

G2

4.5

Capterra

Common User Feedback

"Great for accounting firms with multiple clients"

"Expensive for single businesses"

"Excellent Xero integration"

"Line item extraction is accurate"

Why Choose Elektroluma Over Dext Prepare?

Elektroluma Advantages

AI-Powered Automation

Automated invoice parsing and data extraction with 99% accuracy. No manual data entry required.

90% Faster Processing

Process invoices in under 5 seconds vs 5-10 minutes manual entry. Save hours every week.

UK-First Compliance

Built-in VAT, CIS, and HMRC compliance. Designed specifically for UK small businesses.

UK Data Residency

All data stored in UK data centers. GDPR compliant with UK-based support team.

Key Differentiators

Direct-to-SMB vs Dext's accountant focus

£29/mo unlimited vs Dext's £232/mo for 15 clients

No minimum client requirements

Restaurant/warehouse vertical focus vs generic

Simpler pricing (no add-ons)

Better for businesses <100 invoices/mo

Easy Migration Path

Businesses using Dext via their accountant can switch to direct Elektroluma subscription. Export existing data via Xero/QuickBooks integration.

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