Dext, a provider of bookkeeping automation and part of the IRIS Software Group, has announced 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 now offer an end-to-end solution for accountants, bookkeepers and businesses. With 75,000 existing Dext users in the North American market, this positions it for accelerated growth in the region.
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 25% of Dext users are on the enhanced experience. 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 user of the unified platform, Muddassir Mahmood, co-founder and partner of Insert Coin Accounting, said “The enhanced Dext platform has been a game-changer for streamlining our workflows and improving efficiency. The new features have made managing client activity even easier, reducing the time we spend on manual data entry and reconciliation. That means we can focus more on providing strategic advice to our clients and less on chasing paperwork, especially during the busy tax season. It’s also freed up more time for us to focus on growing our practice and enjoying a better work-life balance.”
Through a commitment to delivering value through product innovation, strategic partnerships and with the backing of Iris, Dext reported 20% revenue growth year-on-year.
New Partnership with Square
In addition to its record growth and launching an enhanced platform, Dext announces its new partnership with Square. Square’s integration with Dext allows the capture of sales transactions, bringing them into a consolidated view for bookkeeping and streamlining the data collection process for online and point-of-sale transactions.
Speaking on the new integration, Andy Schwartz, Head of Accounting at Square said: “Our partnerships with industry leaders such as Dext are examples of the commitment Square is making to ensure our ecosystem is well-positioned to empower our accountant partners. This integration with Dext will simplify workflows and drive efficiency for our accountant partners and business owners.” Further partnerships building Dext’s offering include those with Cubeler and Zoho Books.
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. 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.
Dext has seen various landmark moments this past year. 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.
“This year is all about delivering the fullest value for Dext’s new and existing customers,” said Dext CEO Sabby Gill. “With the backing of Iris we now have the largest software provider offering in the accounting space in the UK and are preparing for expansive growth in North America. We’re excited to deliver a platform that brings all 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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Tags: Accounting, IRIS, Square
