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Nika

Best Receipt Bank (Dext Precision) Alternative

Receipt Bank — now part of Dext Precision — was the original receipt and invoice capture tool that fed data into your accounting software for review and publishing. After the Dext acquisition it lives on as Dext's capture layer, with the same workflow: extract data, queue it for a human, then publish. Nika is the alternative for businesses that want the next step: she does not just capture, she files every supplier invoice into your records the same day it arrives, from {price} per processed invoice, with no monthly subscription, no per-plan document cap, and no manual publish step. If you are moving off Receipt Bank / Dext Precision because of the publish loop or plan limits, Nika is the more hands-off switch.

What it does well

  • Long-running capture platform — Receipt Bank was an early leader in OCR for receipts and invoices, and the technology carries over into Dext Precision.
  • Direct integrations with Xero, QuickBooks, Sage, FreeAgent, and other major platforms — captured data flows into your books for publishing.
  • A solid mobile app for snapping receipts and invoices on the go, useful for teams that expense in the field.
  • Auto-fetch from connected suppliers and statement providers reduces manual uploads for recurring documents.

Where Nika wins

  • Nika files invoices end-to-end. Receipt Bank / Dext Precision stops at capture and waits for you to review and publish; Nika files automatically and only flags the uncertain ones.
  • No monthly subscription and no per-plan document cap. You pay {price} per processed invoice — zero invoices in a month means zero cost. Receipt Bank / Dext Precision plans cap document volume and step up in price as you grow.
  • Same-day turnaround on every supplier invoice. Capture tools act when you upload; Nika watches a mailbox and acts the moment an invoice lands, so invoices never pile up.
  • No workflow configuration, no team onboarding, no approval rules to set up. Point Nika at a mailbox and she starts filing.

Feature comparison

FeatureReceipt Bank (Dext Precision)Nika
What it doesCaptures invoice/receipt data for you to publishFiles supplier invoices into your records end-to-end
Pricing modelMonthly subscription from $20/monthPer processed invoice ({price})
Document limitsCapped per plan; upgrades as you growNo cap — pay per invoice
Cost in a slow monthFull subscriptionNear zero
Manual publish stepYes — you review and publish each docNo — filed automatically, flagged only if uncertain
TurnaroundInstant on upload; waits for you to actSame day, automatically
Mobile receipt captureYes — solid mobile appNo — inbound supplier invoices via mailbox only
Accounting integrationsXero, QuickBooks, Sage, and moreOwn ledger with approval queue (direct integrations on roadmap)

How to switch

Switching from Receipt Bank / Dext Precision takes an afternoon. First, set up a dedicated mailbox (or forward rules from your existing one) for supplier invoices and point Nika at it — she starts filing incoming invoices immediately while Receipt Bank still handles your historical archive and mobile receipt capture. Keep both running in parallel for 2–3 weeks and compare accuracy and turnaround on the same invoices. Once you are confident Nika catches everything Receipt Bank did for supplier invoices, you can cancel the subscription or keep it only for mobile receipt capture. Your prepaid Nika balance is refundable, so there is no lock-in.

Verdict

Receipt Bank / Dext Precision is the right choice if you want mature capture feeding into accounting software you already run, especially if you value the mobile app. Nika is the better alternative when your real pain is supplier invoice backlog — you want invoices filed the same day without a monthly subscription or a manual publish step. Many businesses use both: Receipt Bank for receipts and expense capture, Nika for inbound supplier invoices.

Questions

Is Receipt Bank the same as Dext Precision now?

Effectively yes. Receipt Bank was acquired by and folded into Dext, and the capture functionality now lives under the Dext Precision product line. If you are on Receipt Bank, your plan and workflow are very likely already on the Dext platform or being migrated there.

Why switch from Receipt Bank / Dext Precision to Nika?

If capture-to-publish fits your team and your document volume is steady, stay. Switch if you are hitting plan limits, paying for months where invoice volume is low, or tired of the manual publish step on every document. Nika charges {price} per processed invoice with no subscription, so the math favours switching when volume is variable or low.

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