Bank Statement Extractor

Bank Statement Extractor is a Data & Analytics tool that converts PDF bank statements to Excel instantly. It offers secure, AI-powered data extraction with customizable fields and worldwide bank support.

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At a glance

Pricing

Freemium · Paid

Free tier

Yes

API

Skill level

Non-technical

About

What is Bank Statement Extractor?

Bank Statement Extractor is an AI-powered tool designed to convert PDF bank statements into Excel spreadsheets quickly and securely. Users can upload their PDF bank statements, define custom data extraction schemas, and receive formatted Excel files in seconds with 99.8% accuracy. The platform supports multiple banks globally and allows for batch processing of PDFs with unlimited pages. It emphasizes data privacy, stating that files are processed and immediately deleted. This tool aims to eliminate manual data entry, saving financial teams significant time and reducing human error in bank statement reconciliation and analysis.

Best used for

Ideal for accountants and small business owners who need to convert PDF bank statements to Excel, extract specific financial data, and automate tedious data entry. Especially valuable for those seeking high accuracy and secure processing across various banks and languages.

Common actions

convert bank statements

extract financial data

automate data entry

analyze transactions

Capabilities

Key features

PDF to Excel conversion
Custom data extraction
Multi-PDF processing
99.8% accuracy
Worldwide bank support
Secure data processing

Target Audience

accountantsmall business ownerfreelancer

Integrations

Not yet documented

Pricing & Plans

Freemium · Paid

Not publicly disclosed. Check bankstatementextract.com for current pricing.

FAQs

What is the accuracy rate for data extraction?

The Bank Statement Extractor boasts a 99.8% accuracy rate for data extraction, significantly outperforming manual reconciliation methods. This high level of precision helps eliminate human error and ensures reliable financial data for analysis and reporting.

How does the tool handle sensitive financial data?

For maximum privacy and security, Bank Statement Extractor processes uploaded files and immediately deletes them after conversion. This ensures that your sensitive financial data is not stored on their servers, maintaining confidentiality.

Can I process bank statements from any bank worldwide?

Yes, the tool is designed to work with bank statements from any bank, anywhere in the world. It also supports multi-language extraction, making it versatile for users with international banking needs or statements in different languages.

Is there a limit to the number of pages or statements I can process?

The tool supports batch processing of multiple PDF statements at once with unlimited pages. Paid plans offer varying page limits per month, starting from 400 pages for the Starter plan, allowing for scalable usage based on your needs.

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