AI-Powered OCR for Financial Statements

Extract data from financial Statements effortlessly to streamline your financial operations. Enhance accuracy and efficiency with our AI-driven solutions, simplifying complex financial management tasks.

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a visual representing a standard financial statement
Automate your business

What is AI financial data extraction?

It involves using AI technology and advanced OCR to automatically pull essential information from various financial documents, such as financial statements and financial reports. This process not only speeds up data processing but also enhances accuracy and reduces the need for manual data entry, facilitating more reliable financial reporting.

Simple workflow

How to extract data from financial statements with AI?

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

1. Upload your financial statement

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

2. AI data processing

The financial data is instantly extracted with our AI tool.

3. Automated export

The financial data is then seamlessly integrated into QuickBooks, MS Excel or your custom database.

Trusted by thousands happy businesses

Flexible data capture tool

What fields can Parseur extract from financial statements?

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

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

  • Date

    DateRange

    The period of statement

    2023-09-30 to 2022-12-31

  • Person's name

    CompanyName

    The name of the company.

    Rocket Lab USA INC. and Subsidiaries

  • Table (list of items)

    Transaction lines

    The list of transactions

    transactionseptember 30,2023december 31, 2022
    Cash and cash equivalents140,904242,515
    Marketable securities, non-current81,95191,93
    Trade payables24,98012,084
a visual representing a standard financial statement
Let AI do the boring work

Why choose Parseur for financial statement OCR?

Parseur sets your financial 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.

It works perfectly. The support is really quick and helps me with regex.
Slavomír Krafčík
SaaS Advisor at Shifra
Getting into the details

FAQ about financial document processing

All your questions about our advanced OCR model for financial statements

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

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.

Parseur can easily extract data from income statements, balance sheets, bank statements, cash flow statements (CFS), 10-K and statement of retained earnings.

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 financial 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!

Enhance your financial statement processing

Embrace AI with Parseur for faster, more accurate financial management

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