Bank Statement Processor
Upload bank statements in PDF or CSV format to extract transactions and automatically match them with your existing invoices. AI-powered reconciliation identifies missing documentation and gaps in your expense tracking.
AI-Powered Bank Statement Processing
Extract transactions and match with invoices automatically
PDF & CSV Upload
Upload bank statements in PDF or CSV format. AI extracts all expense transactions automatically.
AI Transaction Extraction
Advanced AI identifies and extracts expense transactions with vendor, amount, date, and currency.
Automatic Matching
Instantly matches bank transactions to your existing invoices using smart algorithms.
5% Tolerance Matching
Matches transactions with 5% amount tolerance and 5-day date window for perfect accuracy.
Multi-Currency Support
Handles transactions in any currency with real-time exchange rate conversion.
Gap Analysis
Identifies transactions without matching invoices - perfect for finding missing documentation.
Supported Bank Formats
Process statements from any bank worldwide
PDF Bank Statements
SupportedCSV Bank Files
SupportedMulti-Page PDFs
SupportedMulti-Currency
SupportedHow Bank Statement Processing Works
Five steps to complete reconciliation
Upload Statement
Upload your bank statement in PDF or CSV format from any bank worldwide.
AI Extraction
AI analyzes the document and extracts all expense transactions with full details.
Invoice Matching
System automatically matches transactions to your existing invoices using multiple criteria.
Gap Identification
Identify transactions without matching invoices - your missing documentation list.
Review & Export
Review matches, manually link any missed items, and export for your accountant.
Smart Matching Algorithm
Multiple criteria ensure accurate transaction-to-invoice matching
Amount Matching
95%5% tolerance for amount differences to account for fees and rounding
Date Window
92%5-day window to match invoice dates with transaction dates
Vendor Recognition
89%Smart vendor name matching despite format differences
Currency Conversion
98%Real-time exchange rates for multi-currency matching
Processing Performance
Fast, accurate bank statement processing
Automate Your Bank Reconciliation
Process statements and match transactions in minutes, not hours
Frequently Asked Questions
Everything you need to know about bank statement processing
Which bank statement formats are supported?
We support PDF bank statements from any bank worldwide, plus CSV files in any format. Our AI can handle both digital PDFs and scanned/photographed statements.
How does transaction matching work?
Our AI matches bank transactions to your existing invoices using amount (5% tolerance), date (5-day window), vendor names, and currency conversion. It achieves 95%+ automatic matching accuracy.
What happens with unmatched transactions?
Unmatched transactions are flagged as 'missing invoices' - these are expenses you made but don't have invoice documentation for. This helps you identify missing receipts and documentation gaps.
Can it handle multi-currency statements?
Yes! The system automatically handles currency conversion using real-time exchange rates to match transactions in one currency with invoices in another currency.
How many transactions can it process?
There's no limit on the number of transactions. We process statements with thousands of transactions in under 2 minutes. Large PDFs up to 20 pages are supported.
Is my banking data secure?
Absolutely. Bank statements are processed securely in encrypted environments and deleted immediately after processing. We never store your banking information.
Do I need existing invoices for this to work?
Yes, this tool works best when you already have invoices in the system. It matches your bank transactions to those invoices. If you need to extract invoices first, use our email invoice scanner or manual upload features.
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