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BankStatementLab

BankStatementLab is an AI-powered OCR tool designed to automate the conversion of PDF bank statements, invoices, and receipts into clean, structured Excel or CSV files.

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Our verdict

Who it's for

Convert PDF bank statements, invoices, and receipts into structured Excel/CSV data using AI OCR.

Who should look elsewhere

Unused credits do not roll over to the next month

Pros

  • +Significantly reduces manual data entry time (up to 10x faster)
  • +Achieves 99% data extraction accuracy
  • +Integrates with popular accounting tools and spreadsheets
  • +Offers intelligent categorization for transactions
  • +Provides a free tier for basic usage without requiring a credit card

Cons

  • −Unused credits do not roll over to the next month
  • −API access is limited to higher-tier paid plans

Key features

  • ✓PDF to Excel/CSV conversion
  • ✓AI OCR for data extraction
  • ✓Supports multi-page and scanned documents
  • ✓Automatic structuring of dates, descriptions, and amounts
  • ✓Intelligent transaction categorization
  • ✓Direct export to accounting software (Sage, Cegid, Xero)
  • ✓API access for Pro and Business plans
  • ✓GDPR compliant

Pricing

No public pricing plans recorded.

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