Rocket Statements vs CapyParse Detailed comparison features, price

Rocket Statements

Rocket Statements offers a fast, simple, and secure way to convert bank statements, eliminating manual data entry. This tool seamlessly transforms PDF bank statements into formats compatible with leading accounting software such as QuickBooks, Xero, and FreshBooks. It supports conversions from PDF and image files to Excel, CSV and JSON.

With enterprise-grade encryption and support for over 100 major banks worldwide, the platform ensures data security and provides clean, structured output. The built-in AI copilot ensures high accuracy and efficiency, streamlining financial workflows.

CapyParse

CapyParse utilizes advanced artificial intelligence to automatically extract, organize, and analyze data from bank statements. Users can upload PDF statements (with CSV and image support planned), and the AI processes the information, categorizing transactions efficiently. The tool aims to save users significant time typically spent on manual data entry, facilitating tasks like tax preparation, business expense tracking, and investment analysis.

Currently optimized for US financial institutions, including major banks, regional banks, credit unions, and online banks, CapyParse offers flexible export options. Data can be exported in JSON, CSV, or viewed in an interactive spreadsheet. Compatibility with QuickBooks is provided, along with options for custom field mapping and UTF-8 support for special characters. Future updates include support for international banks and additional languages.

Pricing

Rocket Statements Pricing

Freemium

From $15

Rocket Statements offers Freemium pricing with plans starting from $15 per month .

CapyParse Pricing

Free Trial

From $12

CapyParse offers Free Trial pricing with plans starting from $12 per month .

Features

Rocket Statements

Data Transforms: Seamlessly convert PDF bank statements into formats supported by accounting software like QuickBooks, Xero, and FreshBooks.
Bulk Processing: Upload and convert batches of statement PDFs at once.
Multiple Export Options: Export converted statements into Excel, CSV, or JSON formats.
Secure Encryption: Enterprise-grade encryption to keep data and files encrypted at rest and in transit.
AI Copilot: Built-in AI ensures smooth and flawless conversions.
Global Bank Support: Compatibility with over 100 major banks worldwide.
Clean Data Formatting: Structures statement data cleanly, with key fields formatted for readability.

CapyParse

AI-Powered Data Extraction: Automatically extracts and categorizes transactions from bank statements.
Multiple Export Formats: Export data to JSON, CSV, Excel, or QuickBooks compatible formats.
Interactive Spreadsheet Viewer: Explore processed data within the platform.
US Bank Support: Optimized for statements from major US banks, regional banks, credit unions, and online banks.
Automatic Transaction Categorization: AI identifies and categorizes transactions, including potential tax deductions.
Custom Field Mapping: Customize export fields to match specific accounting software needs.
Time Savings: Reduces manual data entry time significantly.

Use Cases

Rocket Statements Use Cases

Streamline accounting workflows by automating data entry.
Prepare financial reports and analyses.
Integrate bank statement data with accounting software.
Bulk convert historical bank statements for auditing.
Securely manage and archive financial data.

CapyParse Use Cases

Automating bank statement data entry.
Streamlining tax preparation by identifying deductions and organizing statements.
Tracking business expenses efficiently.
Analyzing investment performance from bank statements.
Converting PDF bank statements to CSV, Excel, or QuickBooks formats.
Sharing organized financial data with accountants.

FAQs

Rocket Statements FAQs

Is my data safe with the Rocket Statement bank statement converter?

Yes, Rocket Statement utilizes enterprise-grade encryption so your data and files are encrypted at rest and in transit.
How fast are conversions normally?

Conversions are very quick. In a flash, your statement will be converted for download.
Can your app really convert any bank statement into csv or excel sheet?

The app supports over 100 major banks worldwide and can convert PDF and image bank statements into CSV or Excel formats.
How do I use the Rocket Statement bank converter app?

Upload your bank statement file, click Export, and then download the converted file in your chosen format (Excel, CSV, or JSON).

CapyParse FAQs

How does the free trial work?

All plans come with a 14-day free trial. You can cancel anytime during the trial period and you won't be charged.
Can I change plans later?

Yes, you can upgrade or downgrade your plan at any time. Changes will be reflected in your next billing cycle.
What payment methods do you accept?

We accept all major credit cards including Visa, Mastercard, and American Express. We also support payment via PayPal.
Is there a setup fee?

No, there are no setup fees or hidden charges. You only pay the advertised price for your subscription.
Which banks are currently supported?

CapyParse is currently optimized for US financial institutions, including major banks (Chase, Bank of America, Wells Fargo), regional banks (PNC, US Bank, Capital One), credit unions (Navy Federal, USAA, State Employees' Credit Union), and online banks (Ally Bank, Chime, Discover Bank).