Best Receipt Bank Alternativefor Invoice Automation
Receipt Bank was rebranded to Dext in 2021. The platform now processes 350M+ documents yearly as a full bookkeeping automation suite. Gennai is a focused email-first invoice tool with automatic inbox scanning. Here is how they compare today.
Feature-by-Feature Comparison
An honest look at how Gennai and Receipt Bank compare across the features that matter most for invoice automation.
Where Receipt Bank Has the Edge
We believe in honest comparisons. Here's where Receipt Bank may be a better fit depending on your needs.
Broader Accounting Integrations
Dext (formerly Receipt Bank) connects to 30+ accounting platforms including Sage, FreeAgent, and MYOB. If your accounting software is not Xero, QuickBooks, or Holded, Dext likely has a native integration.
Mobile App for Paper Receipts
Need to photograph paper receipts on the go? Dext has a dedicated mobile app with OCR for handwritten and crumpled receipts. Gennai focuses on digital-first (email) invoice capture.
Full Expense Management
Dext includes expense claims, approval workflows, mileage tracking, and integrated supplier payments. If you need end-to-end bookkeeping automation in one platform, the Dext platform covers more ground than the original Receipt Bank did.
E-Commerce Feed Integrations
Dext pulls invoices directly from Shopify, Amazon, Stripe, and Etsy. If a significant volume of your transactions flows through these platforms, this automatic feed is valuable.
Where Gennai Stands Out
These are the areas where Gennai offers a meaningfully different approach to invoice automation.
Automatic Email Scanning
Receipt Bank required forwarding emails to a dedicated address. Gennai connects to your Gmail, Outlook, or IMAP inbox via OAuth and finds invoices automatically. No forwarding, no manual submission.
60% Lower Entry Price
Gennai Starter is $12/month for 75 invoices. Dext (the successor to Receipt Bank) starts at $31.50/month for 5 users with 250 documents. For small businesses and freelancers, Gennai is significantly more affordable.
Google Drive Sync
Gennai automatically organizes and syncs your invoices to Google Drive in year/month folders. Neither Receipt Bank nor its successor Dext offers native Google Drive integration.
Native Holded Integration
Gennai has a built-in Holded integration for the Spanish market. Neither Receipt Bank nor Dext lists Holded as a supported accounting platform.
Ready to Switch?
Try Gennai free with 10 invoices per month. No credit card required, setup takes less than 2 minutes.
Pricing Comparison
See how the plans stack up. All prices in USD.
Gennai
Receipt Bank
Which One Is Right for You?
Different tools serve different needs. Here's a practical guide to help you decide.
Choose Receipt Bank if you...
- Need expense management, mileage tracking, and approval workflows in one tool
- Have a significant volume of paper receipts requiring mobile capture
- Use accounting software other than Xero, QuickBooks, or Holded
- Run e-commerce stores on Shopify, Amazon, or Stripe and need feed integrations
- Are a large accounting practice managing hundreds of clients with multi-entity support
Choose Gennai if you...
- Want invoices extracted from your inbox automatically without forwarding or manual submission
- Need an affordable solution under $15/month for a small team
- Use Holded as your accounting software (native integration)
- Want Google Drive sync with automatic year/month folder organization
- Need retroactive scanning to capture historical invoices from any date range
- Prefer a focused tool that does invoice extraction well over a broad platform
How to Switch from Receipt Bank
Migration is straightforward. Here's how to get started.
Sign up for Gennai (free)
Create your account and connect your Gmail, Outlook, or IMAP inbox. The free plan gives you 10 invoices per month to test with real data.
Run a retroactive scan
Use retroactive scanning to process historical invoices from your Receipt Bank era and beyond. This recreates your invoice history without needing a data export from Receipt Bank or Dext.
Connect your accounting tool
Link Xero, QuickBooks, or Holded. Set up Google Drive sync if you want automatic PDF backup with organized folders. Your new workflow replaces the old Receipt Bank forwarding process entirely.
Cancel your Dext subscription
If you are still paying for Dext (the successor to Receipt Bank), run both tools in parallel for a billing cycle. Compare extraction accuracy and workflow speed, then switch fully when confident.
