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Dext reports record growth whilst announcing enhanced platform

March 6, 2025

As revenue growth increases at 20% year-on-year, the Dext platform evolves to deliver further value for its customers

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Dext, the leading provider of bookkeeping automation and part of the IRIS Software Group, is today announcing its strongest year of growth driven by strong customer adoption, strategic partnerships and innovative product enhancements. Having joined IRIS Software Group at the end of 2024 to unite its bookkeeping platform with IRIS’s cloud-based solutions, IRIS and Dext are now able to offer an end to end solution for accountants, bookkeepers and businesses, to a joint customer base of 27k accountants and bookkeepers, making it the largest software provider in the accounting space in the UK, and well-positioned for accelerated growth.

Underpinning this growth has been the combining of Dext’s product suite, bringing Prepare, Precision and Commerce, into one integrated experience, in order to remove friction between businesses, bookkeepers and accountants. Already 19% of Dext users are on the enhanced experience with the next stage of the transition launching today. This includes combining data health and insights (previously Dext Precision) and Commerce lite (previously Dext Commerce). With the changes so far, customer feedback has demonstrated the benefits of the unified platform in bringing accurate data, efficient processes and actionable insights into one platform, benefits which will be amplified through this final phase.

Speaking as a Beta user of the unified platform, Jay Wilson, Managing Director, Jaccountancy, said “With the enhanced Dext platform we’ve been able to simplify workflows and streamline processes end-to-end, which is critical in the run up to the Making Tax Digital deadline. We’re a subscription-based business and every subscription offering has Dext embedded into it, so there isn’t a client we have that doesn’t have Dext, making the evolution of the platform really significant for our business. With less time focused on manual processes we can deliver better value for clients, spending more time on strategic tasks and more time with family away from the office.”

Through a commitment to delivering value through product innovation, strategic partnerships and with the backing of Iris, Dext today reveals it has seen 20% revenue growth year-on-year.

More broadly, Dext continues to scale at an unprecedented pace, with key product innovations driving efficiency and automation for customers. Over 2,000 businesses are now leveraging the embedded Approval Workflow functionality - growing 26% month-on-month since September 2024. Dext has also seen various landmark moments. In August 2024, it processed over 650,000 supplier statements and handled over 30 million transactions in January 2025, alone. Powered by state-of-the-art AI models, achieving 99% accuracy, Dext is supporting the completeness of financial records and driving even greater time savings.

Looking ahead, Dext is rapidly growing on a global scale, having recently announced its expansion into the United Arab Emirates, Cyprus, and Malta, driven by a strategic partnership with Scope Solutions, a trusted cloud accounting and technology solutions provider. Further partnerships building Dext’s offering include that with Cubeler, Zoho Books and Square Payments. And, alongside this, product innovation continues with Vault, Dext’s AI-powered secure document storage solution currently open for sign-ups to its Beta trial and the upcoming trial-launch of Payments, which promises to deliver secure and speedy payment automation and enhanced cashflow control.

Sabby Gill, CEO Dext, said, “This year is all about delivering the fullest value for Dext’s new and existing customers. With the backing of Iris we now have the largest software provider offering in the accounting space in the UK and we’re excited to deliver a platform that brings all their favourite Dext services into one place, giving them more value and more time to focus on their clients needs. With this in place, we’re looking ahead to another year of growth, globally, and continuing our investment in innovating our platform to deliver the best possible service to accountants and bookkeepers and small businesses owners alike.”

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