Developed by PureSoft Labs O, Stmt is an advanced AI-powered bank statement converter designed to seamlessly transform PDF bank statements into structured and readable CSV or Excel formats. It eliminates the need for manual data entry, ensuring accuracy and efficiency in financial workflows.
Key Features and Benefits
- Automatic PDF Parsing
Accurately extracts transaction data from a wide range of bank statement layouts. - Supports CSV and Excel Outputs
Converts data into spreadsheet-ready formats compatible with financial tools and accounting software. - High Accuracy with AI Models
Uses intelligent parsing algorithms to handle complex or inconsistent layouts and fonts. - Multi-Page and Multi-Account Support
Capable of processing multi-page statements and separating data for multiple accounts. - Secure Processing
Built with privacy and data protection in mind—ideal for sensitive financial data.
Pros and Cons
Pros:
- Saves time by automating a traditionally manual task
- High data accuracy with minimal formatting errors
- Works with a variety of bank statement designs
- Export-ready for accounting and financial analysis
Cons:
- Accuracy may vary slightly with extremely unusual or scanned statement formats
- May require manual review for verification in sensitive use cases
- Free or trial version may have limited pages per conversion
Who is the Tool For?
- Accountants and bookkeepers
- Finance professionals and analysts
- Small business owners and freelancers
- Auditors and tax preparers
- Anyone needing clean, organized bank data for reports or reconciliation
Pricing Packages
Stmt may offer the following tiers:
- Free Tier: Limited number of pages or conversions per month
- Standard Tier: Unlimited conversions, access to CSV and Excel exports
- Business/Pro Tier: Batch processing, API access, and priority support
- Enterprise Tier: Tailored features for financial institutions or firms with high-volume processing needs.
