Best Receipt Bank Alternatives in 2026

Search for receipt bank alternatives and the first thing to sort out is whether Receipt Bank still exists. It does, under a different name. Receipt Bank rebranded to Dext in early 2021, and the flagship capture product became Dext Prepare. Nothing was shut down, no accounts were closed, and no data was lost. The login you had is the login you have. So when people go looking for alternatives to Receipt Bank in 2026, they are almost always looking for alternatives to Dext.

The reason they are looking has shifted, though. Two things changed the maths. Dext moved to a per-client pricing model that practices say raised their bills as client counts grew. Then in December 2024, IRIS Software Group completed its acquisition of Dext, folding the product into a larger accounting software group. Neither is a scandal. Both are reasons a bookkeeper or finance team starts shopping.

This guide compares six tools that former Receipt Bank users evaluate, framed for businesses on Xero and MYOB rather than the QuickBooks-first roundups that dominate the search results. Some of these are capture tools like the one you already know. One of them replaces the whole manual layer that sits after capture. We rank them on the criteria that decide the choice, not on a score out of ten.

Wait - is Receipt Bank the same as Dext?

Yes. Receipt Bank became Dext, and the receipt-capture product you used is now Dext Prepare. The rebrand happened in early 2021, when the company announced the name change to reflect a product that had grown past scanning receipts. It was a rename, not a replacement. Everything that worked before the change kept working after it.

If you are anxious that the tool disappeared, it did not. As of 2026, Dext still runs a dedicated Receipt Bank landing page that tells former users their Receipt Bank account is now their Dext account, still integrating and auto-publishing to their accounting software. The confusion is real and widely shared, which is exactly why the old brand name still drives searches five years on. The product is fine. The question worth asking is whether it still fits, and whether the pricing and lock-in are worth staying for.

That is the real trigger behind most of these searches. Firms report that Dext’s per-client structure pushes costs up as they add client entities, a complaint documented across accounting community threads on the pricing change. Dext does not publish its practice pricing, so those figures are practice-reported, not official. But the pattern is consistent enough that competitors now market themselves on not charging a per-client tax.

How we compared the Receipt Bank alternatives

We compared each tool on five things that change the day-to-day, not on feature-list length. Capture is table stakes now. What separates these tools is everything that happens after the data comes off the page.

Line-item coding depth. Automated line-item coding is the process of assigning the right account code and GST treatment to each individual line on an invoice, not just the header total. A materials invoice covering timber, fixings, and delivery hits three different accounts. Header-only extraction leaves that split to a human.

Pricing model. Per-document, per-client, or flat. This is where the Receipt Bank frustration lives, so we call the model out explicitly for every tool in the table below. Our invoice processing cost calculator lets you compare those models against your own invoice volume.

Validation and fraud controls. Whether the tool checks a supplier’s bank details on an incoming invoice against what it has seen before, and flags a change for review before payment.

Approval workflows. Whether invoices can be routed to the right approver by rule, with a delegation path and an audit trail, or whether approval happens outside the tool.

Xero and MYOB integration depth. A direct connection that publishes a coded, ready-to-approve bill, versus a shallow export that still needs cleanup.

Pulsify

Pulsify is AP automation that covers the whole path from an invoice arriving to a coded, checked, approved bill in your ledger. Where the capture tools stop at extraction, Pulsify keeps going: it applies automated line-item coding using each supplier’s history, handles GST at line level, splits bills across multiple accounts, and runs the invoice through configurable approval workflows before anything reaches Xero or MYOB.

It also does the check most capture tools skip. Supplier bank detail validation compares the bank account on an incoming invoice against that supplier’s historical invoices and your Xero contact records, then flags a change for review. It is not a bank-register lookup and it is not confirmation of payee. It is a comparison against what you have paid before, which is enough to catch the changed-account invoice that a busy AP person would otherwise pay. Pulsify also runs duplicate invoice detection at intake and two-way PO matching, which compares a purchase order against its invoice to flag quantity or price mismatches before approval.

Pricing scales with document volume, not with how many clients or entities you connect, which is the direct answer to the per-client complaint that sends people looking for Receipt Bank alternatives in the first place.

Verdict: the option to pick when the problem is the work after capture, not capture itself, on either Xero or MYOB.

Dext (the rename target)

Dext is the tool Receipt Bank became, and it remains a strong capture product. Invoice capture is the process of pulling structured data (supplier, date, total, tax) off an invoice so it does not have to be typed by hand. Dext does this well, with mobile receipt scanning, bank and supplier fetch connections, and direct publishing to both Xero and MYOB.

Where it stops is coding and control. Dext offers static supplier-level coding rules you configure by hand, but it does not learn line-level coding from history, does not validate changed bank details, and does not include approval routing. Most Dext users who need governance bolt on a second tool for approvals, which is how the two-subscription stack forms. Standardised across our cluster, Dext runs from around AU$33 per month for the base plan to roughly AU$103 per month once line-item extraction is added, before any approval tool.

Verdict: fine if capture is genuinely all you need, but you are paying a per-client model for a single step of the workflow.

HubDoc

HubDoc is a document-collection tool owned by Xero, and it is free with Xero Business plans. It fetches bills and statements from suppliers and banks, extracts header data, and files the source document against the transaction in Xero. For a small business that wants capture at no extra cost, it is hard to argue with the price.

The trade-offs are scope and reach. HubDoc does not code line items, does not validate vendor details, and has no approval workflow. Its OCR for invoice processing, the optical character recognition that reads text off a scanned document, is lighter than Dext’s on complex multi-line invoices. It also lives inside the Xero world, so MYOB businesses get nothing from it.

Verdict: the sensible free choice for basic capture on Xero, and a non-starter if you are on MYOB.

AutoEntry

AutoEntry is a Sage-owned capture tool that many former Receipt Bank users shortlist because it connects to more ledgers than HubDoc. It integrates with MYOB AccountRight as well as Xero and the Sage range, which matters for the wholesale and distribution businesses that lean on MYOB. Sage acquired AutoEntry in 2019, and the two are billed separately.

Feature for feature it sits close to Dext: solid extraction, including line-item capture on some document types, but no vendor validation, no anomaly flagging, and no approval routing. Pricing is credit-based and pay-as-you-go, starting around £14 per month (roughly AU$25) for the entry tier, with a per-client structure similar to the one people are leaving Dext to avoid. Our AutoEntry alternatives comparison digs into how that credit model doubles the cost once you extract line items.

Verdict: a capable capture alternative for MYOB AccountRight users, with the same per-client pricing shape and the same gap after extraction.

Datamolino

Datamolino is an extraction tool with a genuine strength: it captures line-item detail (description, quantity, unit price, tax) rather than just header totals, and pushes those individual lines into the ledger as a coded bill. For product-heavy businesses where every line matters, that is a real advantage over header-only tools. Pricing is volume-based, from about £7 per month for 25 documents up to around £55 per month for 500.

The limits are the familiar ones. Datamolino does not validate supplier bank details, does not detect anomalies, and has no approval workflow. It connects to Xero and FreeAgent but not MYOB, so it is off the table for MYOB-based businesses regardless of how good the line-item extraction is.

Verdict: the pick when line-item capture accuracy is the whole job and you are on Xero, with nothing beyond extraction.

DocuClipper

DocuClipper is a document-extraction platform aimed at pulling structured data from invoices, receipts, and bank statements at high accuracy, with flat per-page pricing from around US$20 per month for 60 pages and unlimited users on every plan. It captures full line-item tables and exports to Xero or a spreadsheet.

It is the most capture-only tool on this list. There is no vendor validation, no approval routing, and no MYOB connection, so it exports to Xero rather than publishing a workflow-ready bill. The flat, per-page model and unlimited users are appealing for teams that hated per-client billing, but you are still buying one step of the process.

Verdict: worth a look for flat-rate, high-volume extraction on Xero, with the same after-capture gap as the rest.

Comparison table

Currencies as marked. Dext and Pulsify figures are AUD; AutoEntry and Datamolino are GBP; DocuClipper is USD.

Where each tool fits

The right choice comes down to what you need and how much of the workflow you want in one place. Match the tool to the job rather than the feature count.

If you want free capture and you live in Xero, HubDoc is the obvious answer. It costs nothing on a Xero Business plan and files your documents cleanly. Do not expect it to code, validate, or approve anything.

If you are on MYOB AccountRight and need capture, AutoEntry is the practical Receipt Bank alternative, since HubDoc and the Xero-only extractors leave you out. Datamolino and DocuClipper are worth shortlisting for Xero businesses where line-item extraction accuracy is the specific pain, particularly product-heavy wholesale or retail invoices.

If the problem is not capture at all, it is the hours spent coding, checking, and chasing approvals after the invoice lands, then a capture-only tool just moves the bottleneck. For a business processing 50-plus invoices a month across multiple suppliers, that is where Pulsify earns its place: it collapses capture, coding, validation, and approvals into one platform on both Xero and MYOB, and it prices on volume rather than client count. If you are weighing the wider field, the best AP automation software for Australian businesses in 2026 guide covers the full market, and the best Dext alternatives roundup goes deeper on the rename target specifically.

What to look for in a Receipt Bank alternative

Start with the pricing model, because that is why most people are here. Per-client pricing punishes growth: every client entity you add lifts the bill whether that client sends five invoices or five hundred. Per-document or volume pricing tracks the work you do. A flat per-page model can suit a single business with steady volume. Read the model before the headline price.

Then look past capture. Around 74% of AP teams are now partially automated, up from 62% in 2023, yet only about 5% are fully automated, according to Kefron’s 2025 AP automation trends analysis. That gap is the tell. Most teams have solved extraction and stalled on everything after it. A tool that only captures leaves you inside that gap. Ask whether it codes line items from history, whether it flags a changed bank account before you pay, and whether it routes approvals with a real audit trail. If the answer to those is no, you are buying a faster version of the easy step.

Last, check the integration is genuine. A direct connection publishes a coded, ready-to-approve bill into Xero or MYOB. A shallow export drops raw data that someone still has to clean up. The difference decides whether the tool saves time at month-end or just relocates the work.

Want to see the after-capture layer on your own invoices? Start a free Pulsify trial or book a 30-minute demo and run a few real bills through it.

Frequently Asked Questions

Is Receipt Bank the same as Dext?

Yes. Receipt Bank rebranded to Dext in early 2021, and the flagship capture product is now called Dext Prepare. It is the same platform, same account, same core function. If you had a Receipt Bank login, it became a Dext login without any migration on your part.

Why did Receipt Bank change its name?

Receipt Bank rebranded to Dext in 2021 as the product moved past receipt capture into wider bookkeeping automation. The company said the old name no longer described what the tool did. The receipt-scanning product kept its function and picked up the name Dext Prepare.

Has Receipt Bank been discontinued?

No. Receipt Bank was renamed, not shut down. Dext still runs a live landing page telling former users their Receipt Bank account is now their Dext account. If you are searching because you think the product vanished, it did not. It just answers to a different name now.

Why did Dext’s pricing increase?

Practices point to Dext’s per-client pricing model, where the bill scales with how many client entities you connect. IRIS Software Group completed its acquisition of Dext in December 2024, which entrenched that structure. Dext does not publish practice pricing, so the exact figures firms report are third-party accounts, not official.

What is the best Receipt Bank alternative for a small business on Xero or MYOB?

If you only need capture, HubDoc is free with Xero and AutoEntry connects to MYOB AccountRight. If the work after capture is the problem, coding, validation, and approvals, Pulsify handles all three on both Xero and MYOB in one platform rather than a stack of tools.

Sources: IRIS Software Group completes Dext acquisition · Receipt Bank has changed its name to Dext (Accounting Today) · Dext Receipt Bank landing page · AutoEntry MYOB AccountRight integration · Kefron AP Automation Trends 2025

Also comparing: Dext vs Pulsify · Best Dext alternatives Australia 2026 · Best AP automation software Australia 2026

Further reading: Best Dext alternatives for Australian businesses · Best HubDoc alternatives Australia 2026 · Best AP automation software Australia 2026