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.

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.

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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.

Sample value
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

date description type amount

2024-01-07 Travel Credit card payment 1500
2024-07-07 Hosting company Automated payment 15

Upload your first 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.