Dext debuts rebranded e-commerce solution following acquisition

Following the acquisition of Dollar, Dext has launched a rebranded model of Greenbank’s software program referred to as Dext Commerce, a digital gross sales administration answer.

Monetary phrases of the deal weren’t disclosed.

Dext Commerce is anticipated to assist accountants tackle extra e-commerce shoppers by simplifying the gathering and categorization of gross sales knowledge from 16 e-commerce, POS and fee platforms, together with Amazon, PayPal, Shopify and Stripe. It additionally integrates with Xero and Quickbooks On-line.

Key Dext Commerce options embrace a digital document of gross sales transactions line by line to assist compliance with new knowledge rules, and the flexibility to itemize gross sales, charges, refunds and reimbursements knowledge, line by line, with one subscription.

“Tens of millions of companies now promote through e-commerce platforms like Amazon and Shopify,” mentioned Dext CEO Adrian Blair in an announcement. “Dext Commerce allows accountants and bookkeepers to tackle these companies as shoppers extra profitably. Dext Commerce solves two key ache factors: getting standardized knowledge, line by line, from a number of sources; and guaranteeing digital sellers precisely calculate how a lot tax to pay in numerous markets.”

Dext Commerce will probably be out there within the U.S. the U.Okay., and Canada on September 1. Th e firm expects to roll it out in France and Australia later this 12 months.

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