Bank Statement Extract favicon Bank Statement Extract VS BankGPT favicon BankGPT

Bank Statement Extract

Bank Statement Extract is an AI-powered solution designed to streamline financial data processing. This tool eliminates the need for manual data entry by automatically converting PDF bank statements into ready-to-use Excel files.

By leveraging advanced AI, Bank Statement Extract achieves a 99.8% accuracy rate, significantly reducing the risk of human error. The platform prioritizes data security, processing files and immediately deleting them to ensure complete privacy.

BankGPT

BankGPT is an advanced AI-powered financial automation platform designed specifically for banks, enterprises, and accounting teams. The platform streamlines document workflows by automatically extracting, generating, and analyzing data from bank statements, invoices, and receipts—eliminating manual data entry, reducing errors, and saving valuable time.

Unlike traditional OCR tools, BankGPT leverages sophisticated machine learning models fine-tuned for financial data processing. The system provides bank-grade security with encryption and compliance with global data protection regulations like GDPR and SOC 2. Its bulk processing capabilities allow organizations to handle thousands of documents simultaneously, making it an ideal solution for businesses of all sizes looking to improve financial document management efficiency.

Pricing

Bank Statement Extract Pricing

Paid
From $30

Bank Statement Extract offers Paid pricing with plans starting from $30 per month .

BankGPT Pricing

Freemium

BankGPT offers Freemium pricing .

Features

Bank Statement Extract

  • Custom Data Extraction: Select what data to extract to Excel in simple words
  • Multi-PDF Processing: Upload multiple statements at once with unlimited pages
  • Lightning-Fast Results: Get your formatted data in seconds with 99.8% accuracy
  • Maximum Flexibility: Define custom schemas to get data exactly how you need it
  • Complete Privacy: Files are processed and immediately deleted - your data stays secure

BankGPT

  • Bank Statement Generator & Converter: Automatically extracts and converts complex bank statements into structured, machine-readable data from PDF, scanned images, or Excel formats
  • AI Invoice Generator & Scanner: Extracts critical information from invoices in multiple formats without requiring custom templates
  • Receipt Management & Scanner: Automatically categorizes expenses, detects vendors, and extracts amounts from receipts
  • AI-Powered Accuracy: Uses advanced machine learning models that continuously learn from user corrections
  • Secure & Compliant: Provides bank-grade encryption, role-based access control, and compliance with global data protection regulations
  • Bulk Processing at Scale: Processes thousands of documents at once for large organizations

Use Cases

Bank Statement Extract Use Cases

  • Converting bank statements to Excel for accounting
  • Automating data entry for financial analysis
  • Reconciling bank statements with financial records
  • Extracting specific transaction data for reporting

BankGPT Use Cases

  • Banks verifying customer bank statements during loan applications, credit checks, or compliance audits
  • Accounting firms handling multiple clients' invoices, receipts, and statements
  • Large enterprises processing thousands of invoices and receipts monthly
  • Audit teams validating financial documents for accuracy and compliance
  • Small businesses simplifying expense tracking and tax preparation
  • Loan officers and credit analysts evaluating applicants' bank statements quickly

FAQs

Bank Statement Extract FAQs

  • Does it work for all bank statements from different banks?
    Yes, it is designed to work with statements from any bank.
  • How accurate is the extraction?
    The extraction boasts a 99.8% accuracy rate.
  • How do you handle my sensitive financial data?
    Files are processed and immediately deleted to ensure your data stays secure.
  • Can I process multiple bank statements at once?
    Yes, the tool supports multi-PDF processing.
  • Can I export to formats other than Excel?
    Currently, the primary export format is Excel.

BankGPT FAQs

  • What is BankGPT?
    BankGPT is an AI-powered financial automation platform that extracts, processes, and analyzes data from bank statements, invoices, and receipts. It helps banks, enterprises, and accountants reduce manual work and improve accuracy.
  • How does BankGPT work?
    You simply upload your financial documents—such as bank statements, invoices, or receipts—and BankGPT automatically extracts key data, categorizes it, and provides structured outputs that can be exported into Excel, accounting software, or ERP systems.
  • Is BankGPT secure?
    Yes. BankGPT uses bank-grade encryption, access controls, and compliance with global data standards (GDPR, SOC 2, etc.) to ensure sensitive financial data is fully protected.
  • Does BankGPT support bulk document processing?
    Absolutely. BankGPT can process thousands of bank statements, invoices, or receipts at once, making it ideal for enterprises and banks with large-scale document workflows.
  • What document formats does BankGPT support?
    BankGPT works with PDFs, scanned images, Excel files, and more. Its AI models are trained to handle diverse layouts and formats without requiring manual templates.

Uptime Monitor

Uptime Monitor

Average Uptime

100%

Average Response Time

973.86 ms

Last 30 Days

Uptime Monitor

Average Uptime

0%

Average Response Time

0 ms

Last 30 Days

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