Compare TBworks and Dext Prepare - Feb 2023

Shlomi LaviShlomi Lavi / Feb 27, 2023

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Bottom Line: Which is Better - TBworks or Dext Prepare?

Dext Prepare is more expensive to implement (TCO) than TBworks, and Dext Prepare is rated with the same score (85/100) as TBworks (85/100). Dext Prepare offers users more features (3) than TBworks (0).

Looking for the right Accounting & Finance solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

TBworks Vs. Receipt Bank

TBworks: TBworks Trial Balance Accounting Software was created and designed by an Accountant in public practice for Accountants in public practice. After entering into public accounting, the primary software used was WorkPapers Plus. It was a great, easy to use, trial balance software that did the job on most engagements. Then over the years, Workpapers Plu...

Receipt Bank: Receipt Bank converts those annoying bits of paper - receipts and invoices - into data you, and your company, can use!Receipt Bank’s aim is to remove the burden that receipts and invoices place on small businesses. Working with bookkeepers, accountants and with small businesses directly, Receipt Bank has developed its software and service to mak...

Who is more expensive? TBworks or Receipt Bank?

The real total cost of ownership (TCO) of Accounting & Finance software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for TBworks and Receipt Bank.

TBworks price starts at $50 per 5 users/month , On a scale between 1 to 10 TBworks is rated 4, which is lower than the average cost of Accounting & Finance software. Receipt Bank price starts at $20 per 5 users/month , When comparing Receipt Bank to its competitors, the software is rated 6 - similar to the average Accounting & Finance software cost.

Bottom line: Receipt Bank is more expensive than TBworks.

Which software includes more/better features?

We've compared TBworks Vs. Dext Prepare based on some of the most important and required Accounting & Finance features.

TBworks: We are still working to collect the list of features for TBworks.

Receipt Bank: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

TB Works Core Accounting Software caters to a wide range of industries, including retail, healthcare, manufacturing, hospitality, and professional services. Customers of the software mainly come from small and medium businesses, although there is no restriction of industrial affiliation.



TBworks

ITQlick rating
(2.8/5)

starts at $50 per 5 users/month

TB Works is a cloud-based and an on-premise trial balance software solution designed for accounting professionals and CPAs. Major features include a bookkeeping function such as setting up vendor and customer n...

Categories: Accounting & Finance, Accounting Practice Management.

Dext Prepare

ITQlick rating
(4.1/5)

starts at $20 per 5 users/month

Receipt Bank is a cloud-based accounting solution that is designed to assist in bookkeeping as well as billing and invoicing. The software solution promotes paperless bookkeeping by connecting the accountants a...

Categories: Billing & Invoicing, Compliance , Procurement.

Compare specifications

Compare features

TBworks: 0 Features

We are working to collect the list of features

Receipt Bank: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
TBworks
ITQlick rating
2.8/5
Score
85/100
Pricing
4.6/10
License pricing
$50 per 5 users/month
Functionality
3
Compare
Dext Pre...
ITQlick rating
4.1/5
Score
85/100
Pricing
6/10
License pricing
$20 per 5 users/month
Functionality
6
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.