Dext, a platform specializing in bookkeeping automation for accountants, bookkeepers, and businesses, has unveiled an extensive enhancement to its Dext Payments offering. This update introduces payroll payment capabilities along with various new features designed to enhance user control, accuracy, and flexibility.
Launched earlier this year, Dext Payments quickly became a notable service, with clients processing over £2 million through the platform. The latest iteration includes payroll payment functions, enabling businesses and advisers to manage employee salary disbursements alongside supplier and expense payments in one streamlined workflow.
Among the new features are the ability to schedule payments up to 90 days ahead, apply credit notes within payment workflows, and improved filtration for Direct Debit invoices, aimed at minimizing the risk of duplicate transactions.
The payroll capability integrates seamlessly with existing payroll software. Users can upload a compatible CSV file, after which the platform checks employee payment information for accuracy and highlights any inconsistencies. Subsequently, payments can be generated, scheduled, and approved entirely within Dext, complete with validation, duplicate detection, and Confirmation of Payee verifications, as well as comprehensive audit trails and role-based permissions.
This expanded functionality is designed to enhance the efficiency and scalability of services for accounting and bookkeeping practices, reducing the time required for manual approvals while offering a structured, value-added service for payments. For businesses, this creates a cohesive environment for managing supplier payments, reimbursing expenses, and processing payroll.
According to Dext CEO Sabby Gill, “Since launching Dext Payments, we’ve seen strong adoption from customers looking to bring more of their financial workflows into one place. With the addition of payroll payments, Dext Payments becomes a truly complete solution, enabling accountants, bookkeepers, and businesses to manage all outgoing payments through a single, consistent workflow. This is a significant step towards establishing Dext as the system of record for day-to-day financial operations.”