Why Accountants Are Making Switch of Bookkeeping AI software

In today’s fast-paced accounting world, efficiency, accuracy, and cost-effectiveness aren’t just nice-to-haves — they’re survival essentials. Many accountants rely on bookkeeping tools like Dext (formerly Receipt Bank) to automate document processing. However, a new generation of AI-powered pre accounting bookkeeping Ai platforms, like BookWell.ai, is redefining what’s possible — offering deeper bookkeeping automation, smarter Ai learning, and more value for money.

That’s why more firms are choosing BookWell.ai over Dext. Here’s why:

#1, AI Superiority

–AI-Driven Chart of Accounts Classification & Learning – No need to pre-set rules. AI analyses transaction content, assigns accounts, and continuously improves accuracy based on your feedback.

–Flexible Invoice Categorisation – Ai categorise an entire invoice or each transaction line. Transactions with the same category are auto-grouped, saving hours of manual work.

–Smart File Upload Recognition – AI detects file types (purchase invoice, sales invoice, bank statement) upon upload, reducing manual sorting time.

#2, Built-In Compliance Tools

–ABN Auto Verification & Alerts — Directly connects to ABN Lookup, flags invalid or cancelled ABNs in real time.

–ATO Benchmark Analysis — Automatically benchmarks expenses like rent, delivery, inventory against ATO criteria to identify risks.

#3, Better Value for Firms

Unlimited Document Processing for accounting firm plans.
Annual Plan: $13.50 per client/month
Monthly Plan: $18 per client/mont

Case in Point:
A Sydney-based accounting firm managing over 800 clients recently transitioned from Dext to BookWell. In just 3 months, they saw:

89% boost in bookkeeping efficiency

100% automated invoice & bank statement processing

Staff redeployed to high-value advisory work

Elimination of overtime during month-end

Conclusion

While Dext has been a trusted name for years, BookWell.ai takes automation to the next level with smarter AI, transaction-level control, built-in compliance tools like ABN verification, and a pricing model designed for high-volume firms.

If your goal is to cut manual work, improve accuracy, and maximise value, BookWell offers a clear advantage.

BookWell.ai — Smart. Simple. Solved.

@Your Tailored AI Assistant for Smarter Pre-Accounting

Let’s talk about how we can transform your firm’s workflow.