Bank Statement Convert

Transform PDF Bank Statements to Excel Instantly

Free Trial

Description

Bank Statement Convert offers a solution for professionals dealing with financial documents by automating the conversion of PDF bank statements into editable Excel or CSV files. Utilizing advanced AI technology, specifically the Llama 3 language model, the tool analyzes document structures and transaction patterns to extract data accurately. This process significantly reduces the time and effort associated with manual data entry, aiming to streamline financial workflows.

Security is a key aspect of the service, featuring local data processing to enhance privacy. The platform employs bank-grade encryption for uploads and ensures immediate file deletion post-conversion. It adheres to compliance standards like SOC 2 Type II, GDPR, and CCPA. Designed primarily for accountants, bookkeepers, and financial analysts, Bank Statement Convert supports multiple bank formats and offers features like intelligent data recognition and customizable outputs to facilitate financial analysis and reporting.

Key Features

One-Click PDF to Excel/CSV Conversion: Instantly transform bank statement PDFs.
AI-Powered Processing: Utilizes Llama 3 LLM for accurate data extraction.
Local Data Processing: Enhances security and privacy by processing files on the user's system (implied by 'locally').
High Accuracy: Aims for precise data extraction (FAQ mentions 99.9%).
Multi-Bank Format Support: Compatible with statements from various banks.
Intelligent Data Recognition: Smartly identifies dates, amounts, and transactions.
Customizable Output Formatting: Allows users to tailor the Excel output.
Secure Conversion Process: Employs bank-grade encryption and immediate file deletion post-conversion.
Compliance Adherence: SOC 2 Type II certified and GDPR/CCPA compliant.
Accounting Software Integration: Offers API for connection with tools like QuickBooks, Xero, and Sage.

Use Cases

Automating financial data entry from bank statements.
Streamlining the bank reconciliation process.
Efficiently processing multiple client bank statements for accounting firms.
Enabling quick data access for financial analysis and reporting.
Simplifying financial record tracking for business owners.
Processing client financial documents for tax preparation.

Frequently Asked Questions

How accurate is Statement Convert?

The tool achieves exceptional accuracy, reported at 99.9% for transaction details, dates, and amounts, using an advanced recognition engine and continuous learning algorithms.

What support and refund options are available?

Bank Statement Convert offers comprehensive 24/7 support via email (and chat for some plans), along with documentation and tutorials. A 30-day money-back guarantee is also available if you are not satisfied.

Can Statement Convert integrate with other software?

Yes, it integrates with popular accounting software like QuickBooks, Xero, and Sage via its API, allowing for automated workflows and customized output formats.

Is Statement Convert secure?

Yes, it uses bank-grade encryption for uploads, ensures immediate file deletion after conversion, runs in isolated environments, is SOC 2 Type II certified, and fully compliant with GDPR and CCPA regulations.

How do I start using Statement Convert?

Getting started involves signing up for an account, uploading your PDF bank statement, letting the AI engine process the document, and then downloading the resulting Excel or CSV file. New users can try the solution with a free trial.