Dext Alternative for Multi-Account Bank Statement Processing

Accounting firms regularly receive bank statement PDFs that contain multiple accounts—a checking account, a savings account, and one or more credit card accounts, all bundled into a single document. This is standard practice from most banks.

Manual separation of these accounts creates significant workflow friction:

For bookkeeping firms managing dozens of clients, this repetitive manual work compounds quickly, turning what should be a simple automation task into hours of tedious data wrangling each month.

Dext's approach to multi-account processing requires manual intervention at every step:

• 1Manual account selection: Users must select the correct bank account from a dropdown menu before uploading each statement
• 2One file per account: Each bank statement PDF can only contain one account—no multi-account PDFs allowed
• 3Processing delays: Processing can take up to 24 hours, though most digital statements complete within 4 hours
• 4Account switching: To view transactions from different accounts, users must manually switch between them using a dropdown interface
• 5No automatic separation: There is no feature to automatically detect and separate multiple accounts from a single PDF

This workflow is designed around Dext's primary focus: receipt and invoice scanning. Bank statement processing is a secondary feature, and it shows in the lack of automation for common multi-account scenarios.

Dext's Practice Plans use per-client pricing that scales exponentially as your firm grows:

Additional pricing considerations:

• Plan-based allowances: Bank statement extraction has volume limits that vary by plan tier
• Receipt focus: Receipt scanning is unlimited, but bank statements are a secondary feature with restrictions
• Scaling penalties: Growing from 10 to 50 clients increases monthly costs by over 400%

For accounting firms focused primarily on bank statement processing rather than comprehensive receipt management, this pricing structure creates "per-client anxiety"—constantly calculating whether adding a new client justifies the incremental cost.

Zera Books takes the opposite approach: intelligent automation that eliminates manual account separation entirely.

This automation is powered by Zera AI, our proprietary machine learning model trained on 2.8+ million bank statements. Unlike template-based tools that require configuration for each bank format, Zera AI dynamically recognizes account structures across any bank worldwide.

Dext is a comprehensive document management platform designed primarily for receipt and invoice processing. It makes sense for firms in specific scenarios:

However, if your primary need is efficient bank statement processing with multi-account detection, you'll spend more time and money with Dext than necessary. Accounting firms processing 20+ clients monthly with multi-account statements hit both time and cost limitations quickly.