ReceiptBank rebrands to Dext

Accountancy software firm ReceiptBank has announced it has rebranded to Dext.

The move, which was announced at its Global Generation Next webinar, will see the company’s flagship product Receipt Bank become Dext Prepare.

The software, which it also revealed has now passed over 1 million users, aims to prepare client accounts and make bookkeeping profitable and is the same hours saving software to automatically fetch, categorise and publish data.

Xavier, which ReceiptBank acquired in a £54m deal last year, will now become Dext Precision.

A post on its new rebranded website reads: “Now more than ever businesses need expert advice to help survive and thrive – and we believe accountants and bookkeepers are those experts. Our job is to help them excel in what they do. We wanted a name that reflected that mission. Hence Dext. It’s that simple.

“Dext is a fusion of two words: the dexterity that accountants and bookkeepers bring to their clients’ challenges and the next generation attitude that so many have.’”