Bank Statement Extract VS DocuClipper

Bank Statement Extract Pricing

DocuClipper Pricing

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

DocuClipper

• OCR Data Extraction: Automatically extracts data from bank statements, invoices, receipts, tax forms, P&L, cash flow statements, and balance sheets.
• High Accuracy Conversion: Achieves 99.6% accuracy for both scanned and digital PDF documents.
• Multiple Export Formats: Supports exporting data to CSV, Excel, QBO, QIF, and more.
• Accounting & ERP Integration: Seamlessly integrates with QuickBooks, Xero, Sage, NetSuite, Dynamics 365, SAP, and others.
• Automatic Reconciliation: Compares transaction totals with summary information for bank statements.
• Transaction Categorization: Categorizes transactions based on keywords.
• Financial Analysis: Analyzes transactions for flow of funds and transfer detection.
• Batch Processing: Upload and process multiple documents (up to 500MB) at once.
• Bank-Level Security: SOC 2 certified with AES 256-Bit SSL encryption.
• Custom Templates: Create custom templates for precise data extraction control.

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

DocuClipper Use Cases

• Automating bank statement conversion and reconciliation.
• Streamlining invoice and receipt processing for accounts payable.
• Extracting data from tax forms for compliance and analysis.
• Converting PDF financial documents to Excel or CSV for analysis.
• Converting financial data to QBO format for QuickBooks import.
• Facilitating financial investigations by analyzing fund flows.
• Supporting bookkeeping and accounting workflows for firms.
• Assisting lenders in analyzing financial documents.
• Helping business owners manage financial data efficiently.

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.

DocuClipper FAQs

• Can I switch between plans or cancel my subscription at any time?

  Yes, you can downgrade, upgrade or cancel your plan at any time. Go to Settings > Plan & Billing or email support.
• Are there any hidden fees or contract obligations?

  No, we do not enforce any contracts for long-term commitments or other contract obligations whatsoever. And there are no hidden charges or fees.
• Can we try DocuClipper with multiple users?

  Absolutely, you can add as many users as you want for free. Users share the pages included in the plan.
• I only need DocuClipper for a one-off project, what are my options?

  You can choose a plan depending on how many pages you need and the level of support. Cancel your subscription after you’re done with the project and you’ll only get billed once.
• What if my bank statement is not working?

  If your bank, credit, or brokerage statement is not processing correctly, please email our customer support. Within 48 hours, our technical team will enhance support for your specific statement.

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Uptime Monitor