Dext for Businesses: An Enhanced Experience with New Features image

Dext for Businesses: An Enhanced Experience with New Features

Find out what you need to know about our latest product updates and feature releases. You can also explore what’s on the way for you and your clients in the near future.

News
onTuesday 27 August 2024

In today’s rapidly changing business environment, accurate and up-to-date data is crucial. Businesses now expect more from their tools and services, especially as compliance becomes increasingly digitalised. This shift demands more connected processes and timely, relevant data.

To address these evolving needs, Dext has announced significant upgrades, integrating its core Dext Prepare product with features from Dext Precision and Dext Commerce. These enhancements create a seamless platform designed to simplify business bookkeeping and employee expense management.

The recent updates enable real-time data capture, ensure accurate record-keeping, and enhance automation, reducing manual work and saving time. These improvements make business data more actionable, ultimately supporting better business health.

Recent Feature Releases

The following features are now available as part of the current Dext subscription:

  1. Dextension

A new Chrome browser extension that allows users to view Dext data within Xero and QuickBooks interfaces, facilitating smoother transitions.

2. Document Search

Advanced search capabilities within Dext enable users to quickly locate any document.

3. Email Trail

Comprehensive email tracking linked to documents enhances communication and tracking.

4. Amazon Business Integration

Seamlessly integrate Amazon Business accounts to automatically capture and process receipts. (This feature will soon be available for Australian customers.)

5. Purchase Order (PO) Matching

Streamline purchase order processes by matching POs with invoices for increased accuracy.

6. Mobile Share

Share documents and collaborate directly from mobile devices.

Upcoming Features

Dext will soon introduce three new features designed to streamline bookkeeping and enhance control over employee expenses and supplier invoices:

  1. Supplier Statement Extraction and Verification (Available mid-August)

This feature will quickly reconcile supplier invoices, detect errors, and prevent fraud. It extracts essential information from supplier statements and assigns statuses to each line, providing a clear view of invoices already in the system and those still needing attention.

2. Mileage Tracking (Available September)

Automatically or manually record trips for personal or company cars. Dext will calculate reimbursement amounts based on legislative requirements or custom information, posting them as cost items and adding them to expense reports.

3. Approvals** (Available September)

Multi-step and multi-stage approvals workflows can be set up for different users and groups to efficiently manage the approval of supplier and customer invoices and employee expense claims.

4. Enhanced Dext Experience Coming Soon

Starting in early September, users will have the option to switch to an updated version of Dext. This new platform will integrate the capabilities of Dext Prepare, Dext Precision, and Dext Commerce, offering a more modern and intuitive user experience.

The updated Dext platform will include:

  • Simple Navigation

An easier-to-navigate interface.

  • Greater Flexibility

A tailored experience for different roles within a business.

  • Additional Features and Value

Future options to purchase add-ons, such as data insights and e-commerce connectors, directly within the product.

Transitioning to the Enhanced Experience

From early September 2024, existing users will be invited to switch to the enhanced Dext experience. Users will have the option to revert to the previous version if desired. Dext has compiled a list of answers to common questions about these changes.

The new developments have undergone rigorous testing with users, and feedback has been positive. These enhancements are expected to make Dext even easier to use and more valuable for businesses.

Dext remains committed to simplifying accounting processes and is excited to introduce these new features and enhancements. For more information about the major product update, please refer to the blog: The Evolution of Dext.

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