AI-Powered OCR for Bank Statements

Unlock precision and speed in financial analysis with automated bank statement processing. Save time and reduce errors to keep your financial records straight and easy to manage.

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a visual representing a standard bank statement
Automate your business

What is bank statement extraction?

Bank statement extraction utilizes advanced OCR and AI technologies to automate data processing and analysis from bank documents. This process helps financial institutions in streamlining reconciliations, enhancing audit procedures, and refining financial data management. Enhance your bank statement processing with the robust AI capabilities of Parseur.

Simple workflow

How to extract data from bank statements with AI?

Set up your AI parser within minutes in 3 simple steps.

1. Upload your bank statement

Send your PDF bank statements to Parseur via email or directly upload them.

2. AI data processing

The bank data is instantly extracted with our AI tool.

3. Automated export

The bank extract is then seamlessly integrated into your financial systems.

Trusted by thousands happy businesses

Flexible data capture tool

What fields can Parseur extract from bank statements?

Below is a list of the most commonly extracted fields from bank statements. With Parseur, you have the flexibility to customize this list by adding, renaming, or removing fields as needed.

Parseur is designed to support bank data extraction in any language and format.

  • Text (multi-lines)

    AccountNumber

    The unique identifier for the account.

    DAXC ING 1234 5678 09

  • Date

    DateRange

    The period of statement

    2024-01-01

  • Person's name

    AccountHolderName

    The name of the account holder.

    Mme Nelson

  • Address

    AccountHolderAddress

    The address of the account holder.

    123 Main Street, Anytown, USA

  • Number

    StartingBalance

    The amount of funds in an account.

    3,515.77

  • Number

    EndingBalance

    The amount remaining in an account.

    1,717.09

  • Table (list of items)

    TransactionLines

    The list of transactions

    datedescriptiontypeamount
    2024-01-07TravelCredit card payment1500
    2024-07-07Hosting companyAutomated payment15
a visual representing a standard bank statement
Let AI do the boring work

Why choose Parseur for bank statement OCR?

Parseur sets your bank statement management on autopilot, allowing you to focus on your core business.

Reduced Processing Time

Speed up the preparation of financial reports and analysis.

Increased Accuracy

Minimize financial errors with our state-of-the-art AI-powered OCR technology, designed for high accuracy.

Cost Savings

Lower operational costs through automation of manual data entry tasks and reduce the need for additional staffing, even during peak periods.

Enhanced Data Security

Trust Parseur to protect your sensitive information with robust data security measures.

Tested many of this kind and I must admit this one is delivering the data with an outstanding accuracy.
Brahim Abdesslam
Senior Manager at Ernst & Young
Getting into the details

FAQ about bank statement automation

All your questions about our bank statement OCR model.

Parseur has native integrations with Zapier, Make and Power Automate that enable you to export data to Bankflip or Power BI.

No coding skills are required to use Parseur. Our AI and visual editor allows you to create custom templates and parsers with ease.

Our OCR engine was extensively trained to recognize text in more than 60 languages, including English, Spanish, French, German, Dutch, Russian, Japanese, Korean, Chinese, Hebrew, Arabic, Hindi, and more. Furthermore, it has experimental support for another 160+ languages.

Security is our top priority. Parseur uses advanced encryption standards to protect your data. We adhere to strict data privacy regulations and implement best practices to ensure your financial information is secure and confidential.

Definitely! Parseur can process thousands of bank statements within minutes.

You can review our pricing plans here.

They trust us

15,000+ businesses can't be wrong

Thousands of companies from all around the world already trust Parseur with their data extraction processes. Join them today!

Are you ready to optimize your financial document processing?

Transform your financial workflows with Parseur

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