Convert PDF Bank Statements to Excel and CSV in 5 Minutes with Receipt Bot!
Are you tired of manually handling PDF bank statements and spending loads of time extracting transaction data? Receipt Bot provides the perfect solution! With Receipt Bot, you can effortlessly convert PDF bank statements to CSV, saving you time and effort. Say goodbye to the hassles of manually scanning bank statements into a system and exporting bank statements to Excel. Let’s explore how Receipt Bot simplifies the process and allows you to analyse bank statements efficiently.
Why Receipt Bot?
Receipt Bot offers unparalleled extraction accuracy and ease of use. Receipt Bot does not require complicated templates or extraction forms setup, unlike other conversion tools. Let’s delve into the steps and features that make Receipt Bot stand out.
High Accuracy and Low Rejection Ratio
Receipt Bot takes pride in offering the highest accuracy in the market. Its sophisticated algorithms significantly reduce the rejection ratio, ensuring reliable and error-free data extraction, meaning you can trust Receipt Bot to deliver information every time.
Intelligent Sorting & Splitting
Receipt Bot’s intelligent sorting capabilities can automatically split multiple bank statements zipped into a single file, meaning you do not have to worry about sorting data into different files.
No Templates Required
Gone are the days of dealing with complex templates or setting up extraction forms. Receipt Bot streamlines the process by offering consistent Excel formats without template hassles.
Missing or Duplicate Identification
Duplicate and missing pages are flagged by Receipt Bot’s intelligent system algorithms, ensuring you have complete and accurate data.
Cloud-based Convenience
Receipt Bot is entirely cloud-based, which means there is no need to download or install any software. Users can access the application from anywhere with an internet connection.
Reference Recognition
Receipt Bot goes above and beyond by automatically identifying cheque references and line text, making it even easier to manage financial records.
Multiple Output Formats
The platform supports various download formats, including Excel, QBO, OFX, QIF, QFX, IIF, and CSV. Users can choose the one that best fits their needs.
How to get started
Create an Account
Getting started with Receipt Bot is as simple as creating an account. This step unlocks the tool’s power and allows you to take advantage of all its features.
Upload an Image of the Bank Statement
Scan bank statements and upload them to your Receipt Bot account. The platform supports statements from any bank or card issuer in any format and size. This versatility makes it a go-to solution for accounting firms dealing with multiple financial institutions.
Data Extraction
The magic begins with Receipt Bot’s advanced data extraction capabilities. The bank statement converter scans the uploaded PDF statement and extracts data points like transaction dates, descriptions, money in/out amounts, balances, and sub-account references.
Export Bank Statements to Excel in Ready-made or Custom Formats
Receipt Bot takes convenience to the next level by offering multiple ready-made output formats such as Xero CSV, QBO CSV, and QuickBooks Desktop WebConnect files. Receipt Bot also allows you to design custom formats for those with specific requirements, ensuring seamless integration into their existing financial systems.
Pricing for Bank Statement Converter
Receipt Bot has a subscription-based billing model, and it offers a range of plans starting from GBP 7 (USD 9) per month, which allows 15 statement pages conversion. The pricing plans can go up to GBP 189 (USD 243) monthly, covering 600 statement pages.
Receipt Bot also offers a free plan to convert pdf bank statements for up to 10 pages monthly.
You can find more details about the Receipt Bot pricing here.
About Us
Receipt Bot was founded in 2017 by a team of accountants looking to automate accounting processes. The company is headquartered in London, UK, and has a team of 30 to 50 employees.
Receipt Bot is committed to providing tools and services to accounting firms to automate manual data entry tasks and focus on critical and value-adding work for their clients.