AutoEntry vs. Hubdoc vs. Dext vs. Datamolino
Compare leading providers for OCR automated data entry and invoice processing and find the best solution for your needs.
About AutoEntry
Designed for small to midsize businesses, AutoEntry is an automated data entry platform that streamlines processing of invoices and bank statements. With AutoEntry, you purchase credits that are used depending on the type of documents you process. AutoEntry has been recently acquired by Sage.
Pros
– Fair pricing with a wide variety of pricing plans
– Strong capabilities for bank statement processing
Cons
– Users are reporting problems since acquisition by Sage
About Hubdoc
Hubdoc, acquired by Xero, offers a free solution for Xero users. While it may not be feature-packed, it’s the most economical solution for Xero users who do not have too many documents to process. For some, it may serve as a good starting point for collecting invoices and receipts.
Pros
– Free solution for Xero users
– Good tool for those who are just starting with bookkeeping automation
Cons
– No new features since the Xero acquisition
– Outdated interface
– Users are reporting performance issues and slow processing
About Dext Prepare
Dext (formerly Receipt Bank) is a comprehensive solution designed for businesses and accountants, offering various features that simplify the process of collecting and entering data into accounting software.
Pros
– Comprehensive solution offering a wide range of features
– Seamless integration with various accounting softwares
Cons
– Frequently changing pricing model, which can cause confusion and unpredictability for customers
– Can seem overly complex for users who don’t need all the features
About Datamolino
Datamolino automatically processes data from bills, invoices, receipts, and bank statements at line item level of information, and integrates seamlessly with Xero and QuickBooks Online. With Datamolino, you can create different automation scenarios for companies managing different locations, projects or departments.
Pros
– Transparent pricing
– Top-notch customer support
– Robust features while keeping it easy to use with a simple, intuitive interface
– Bank statement capture functionality
Cons
– Nothing to mention here but then again, you’re reading this on the Datamolino page, so we realize we might be a bit biased here. Why don’t you try Datamolino and see for yourself? 🙂
