StatementSheet favicon StatementSheet VS CapyParse favicon CapyParse

StatementSheet

StatementSheet is an online service designed to simplify the conversion of bank statements. It allows users to transform PDF bank statements from over 100 supported banks into Excel or CSV files with a single click.

The platform prioritizes security, ensuring maximum data protection. Uploaded PDF files are deleted from servers every 24 hours, and all files are encrypted with SSL technology during transit. StatementSheet is committed to accuracy and continuously improves its algorithms.

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

StatementSheet Pricing

Usage Based

StatementSheet offers Usage Based pricing .

CapyParse Pricing

Free Trial
From $12

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

Features

StatementSheet

  • Security: PDF files are deleted every 24 hours.
  • SSL Encryption: All files are encrypted during transit.
  • Accuracy: Continuously improved algorithms for precise conversion.
  • High Scalability: Service adaptable to user needs.

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

StatementSheet Use Cases

  • Converting bank statements for accounting purposes.
  • Importing financial data into spreadsheet software.
  • Analyzing financial transactions.
  • Streamlining financial workflows.

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

StatementSheet FAQs

  • What is StatementSheet?
    StatementSheet is a powerful bank statement converter that combines simplicity and precision. It allows you to quickly and automatically convert PDF bank statements to Excel and CSV formats.
  • How to convert a PDF bank statement to Excel?
    1. Click on the bank statement conversion button on the home page or drag and drop your file into the area. 2. Select the PDF file you want to convert. 3. Check the contents of your file in the table and add comments if necessary. 4. Click the "Export" button to download your converted file in Excel format.
  • How does bank statement conversion work with StatementSheet?
    StatementSheet uses powerful algorithms to recognize and extract financial transactions from any PDF bank statement. Your data is then automatically formatted into a new, clean Excel/CSV file that can be integrated into your workflows.
  • Are my financial data secured?
    Yes, The PDF files are deleted after every 24 hours of our servers. And all files are encrypted with SSL technology.

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).

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