Automatically Categorize Your Bank Statement Transactions with AI
Turn PDF bank statements into categorized transaction data in seconds. Save hours of manual categorization and gain valuable insights into your spending patterns.
1-Click Export to Excel or CSV
Minimize expense tracking errors
Simplify expense tracking & tax preparation
Drag & Drop Bank Statement Here
or
Your data is processed securely and never shared with third parties
Benefits of AI Expense Categorization
Get Financial Insights From Bank Statements In Seconds
- Categorization Accuracy
- 95%
- Our AI correctly categorizes 95% of transactions on the first pass
- Monthly Time Savings
- 5 hrs
- Average time saved each month for small business owners
- Processing Time
- 30 sec
- From upload to categorized export in less than 30 seconds
- Annual Cost Savings
- $580
- Average accounting & bookkeeping cost reduction per year
- Eliminate Manual Categorization
Save hours every month by automating your expense tracking. Our AI intelligently categorizes transactions with 95% accuracy, requiring minimal adjustments.
- Tailored for Your Business
Choose from pre-built category templates tailored for restaurants, retail, professional services and more. Customize templates to match your business needs.
- Cut Tax Preparation Time in Half
Pre-categorized transactions make tax season painless. Export organized data directly to your tax software or accountant, cutting preparation time by up to 50%.
- Optimize Your Business Spending
Get detailed insights into your income and expense categories, allowing businesses to identify spending patterns and opportunities to reduce unnecessary costs.
- Effortless Review & Control
Benefit from an intuitive interface that puts you in control. Review AI categorizations with confidence and make adjustments in seconds, ensuring your data is always perfectly organized.
- Ensure Audit Readiness
Maintain complete, categorized transaction records that are organized and easily accessible in case of an audit. Reduce audit preparation time by 75%.
How to Categorize Your Financial Transactions with AI
Upload your documents, and let our AI do the rest
Simple, easy-to-use software that makes categorizing your financial transactions a breeze.
Upload Statement
Simply drag & drop your bank statement PDF or click to upload
AI Processing
Our AI automatically categorizes all transactions
Get Results
Download your categorized transactions and insights
Trusted by 300+ Businesses Worldwide
See how businesses like yours are saving time and improving financial insights with our AI-powered bank statement categorizer
90%
Reduction in manual categorization time
95%
Accuracy in transaction categorization
3.5 hrs
Average weekly time savings per user
300+
Businesses using our categorizer
Universal Compatibility
Works With All Major Banks
Upload statements from any bank - our powerful categorizer handles them all, giving you instant insights without the hassle of manual data entry.
Chase
Compatible
Bank of America
Compatible
Wells Fargo
Compatible
Citibank
Compatible
Capital One
Compatible
TD Bank
Compatible
US Bank
Compatible
PNC Bank
Compatible
Truist
Compatible
HSBC
Compatible
Barclays
Compatible
Santander
Compatible
BMO
Compatible
Fifth Third
Compatible
Citizens
Compatible
Regions
Compatible
M&T Bank
Compatible
KeyBank
Compatible
Silicon Valley Bank
Compatible
First Republic
Compatible
Ally Bank
Compatible
Charles Schwab Bank
Compatible
American Express
Compatible
Discover Bank
Compatible
Our advanced AI can process any PDF bank statement, regardless of format or layout
Compare The Difference
Why Automated Beats Manual
See how our AI-powered solution transforms your workflow
Time Required
Accuracy Rate
Consistency
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Data Analysis
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Frequently Asked Questions
Answers to common questions about our AI receipt-encoding service
How accurate is the AI categorization?
Our AI categorization is highly accurate, especially for common transactions. It learns from user feedback and improves over time. You can easily review and adjust categories to ensure 100% accuracy.
Can I create custom categories?
Absolutely! You can create, edit, and delete custom categories to fit your specific needs, whether for personal budgeting or business expense tracking.
Can I categorize transactions from multiple bank accounts?
Yes, you can upload statements from multiple accounts and banks. Our tool will categorize all transactions, allowing you to get a comprehensive view of your finances across all accounts.
Is it possible to export the categorized transactions?
Yes, you can export your categorized transactions in various formats, including Excel and CSV. This makes it easy to use the data in your preferred accounting or budgeting software.
How far back can I categorize my transactions?
There's no limit on how old the statements can be. You can categorize transactions from any time period, making it easy to analyze your historical spending patterns.
Can the categorizer handle both personal and business transactions?
Absolutely. Our categorizer is flexible enough to handle both personal and business transactions. You can set up separate category sets for different purposes or accounts.
Try it now and save hours.