The #1 Bank Statement Extractor for Small Businesses
Extract Data From Your Bank Statements with AI
Extract transaction data from your bank statements to Excel in seconds. Compatible with 1000s of banks around the world.
Drag & Drop Bank Statement Here
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Why extract transaction data?
Digitizing bank statement data unlocks powerful financial insights and streamlines your business operations. Transform your financial management with structured transaction data.
Track Spending Patterns
Gain deep insights into your financial behavior by analyzing spending patterns and identifying opportunities to reduce costs. Make data-driven decisions to optimize your business expenses.
Simplify Tax Preparation
Streamline your tax preparation process with organized financial data. Export categorized transactions and detailed reports that make tax season and financial reporting effortless.
Automate Bookkeeping
Save hours of manual data entry by automating your bookkeeping processes. Our system automatically reconciles transactions and maintains accurate financial records for your business.
Cash Flow Forecasting
Generate accurate cash flow forecasts and budgets based on historical transaction data. Plan ahead with confidence using detailed financial insights.
Audit-Ready Records
Maintain comprehensive financial records that are always audit-ready. Keep detailed transaction histories with supporting documentation all in one secure place.
Simple Interface, Powerful Features.
ReceiptsAI simplifies your bookkeeping workflow with AI-powered automation. One place to manage your receipts, bank statements, and more. Never miss a receipt again.
What We Extract
Extract data from bank statements
Manual data entry from bank statements is time-consuming and error-prone. Businesses spend countless hours copying transaction data into spreadsheets and accounting software. Our AI-powered extraction tool automates this process, saving you valuable time and ensuring accuracy.
- Transaction Details
- Dates, descriptions, amounts, and running balances from every transaction are automatically captured and organized.
- Account Information
- Account numbers, bank details, statement periods, and opening/closing balances are precisely extracted.
- AI Categorization
- Transactions are automatically categorized into expense types like utilities, rent, payroll, and more.
- Data Validation
- Built-in verification ensures accuracy of extracted information and balance calculations.
- Custom Fields
- Add your own categories and fields to match your business needs.
- Secure Cloud Storage
- Optional secure cloud storage with encrypted backup and easy retrieval.
Simple Extraction Process
How to Extract Your Bank Statement
Transform your bank statements into organized, actionable data in minutes. Our powerful AI makes the process simple and accurate.
- Upload Your Statement. Simply drag and drop your bank statement PDF into our secure upload zone. We support statements from thousands of banks worldwide, ensuring compatibility with your financial institution.
- AI Processing. Our advanced AI technology automatically extracts all transaction data, including dates, descriptions, amounts, and running balances. The system intelligently categorizes transactions and validates the data for accuracy.
- Review & Export. Quickly review the extracted data in our user-friendly interface. Make any necessary adjustments, then export to Excel, CSV, or your preferred format with a single click. Your data remains secure throughout the entire process.
Ready to get started?
Join thousands of businesses who trust our AI-powered bank statement extractor. Save hours of manual data entry and reduce errors with our automated solution. Try it now and experience the difference.
"ReceiptsAI is very easy to use. As someone who needs to keep track of monthly expenses, it saves me so much time."
Join hundreds of small businesses automating their bank statement processing
Frequently asked questions
Have a different question and can't find the answer you're looking for? Reach out to our support team by sending us an email and we'll get back to you as soon as we can.
- Is my financial data secure?
- Absolutely. We prioritize the security of your sensitive financial information. Your data is encrypted both in transit and at rest, and we never share it with third parties. We follow bank-level security protocols.
- How accurate is the AI data extraction?
- Our AI is highly accurate, especially with clear, digital documents. Accuracy can vary depending on document quality, but we provide an easy review process to ensure 100% accuracy before finalizing.
- What file formats do you support?
- We accept PDF files for bank statements, and JPG, JPEG, PNG formats for receipts and invoices. We're continuously working to add support for more formats.
- Can I cancel my subscription anytime?
- Yes, you can cancel your subscription at any time. There are no long-term contracts or cancellation fees. You'll continue to have access until the end of your billing period.
- Do you offer a free trial?
- Yes! You can start using ReceiptsAI for free without providing any credit card information. Our free plan includes basic features to help you get started.
- Which countries and currencies are supported?
- We support documents in English and handle multiple currencies including USD, EUR, GBP, CAD, and many others. We're continuously expanding our language and currency support.
- What data is extracted from receipts and statements?
- We extract merchant names, addresses, dates, amounts, tax information, transaction descriptions, and categorize expenses automatically. For bank statements, we capture all transaction details and running balances.
- How should I take photos for best results?
- Take photos in well-lit areas with receipts flat and uncrumpled. Ensure the entire receipt is visible and text is clear. For long receipts, you can fold irrelevant sections or capture only the relevant portions.
- Is payment processing secure?
- Yes, we use Stripe for secure payment processing. We don't store any credit card information on our servers. All transactions are encrypted and comply with industry security standards.
PRICING
AI Bookkeeping Assistance for less than a cup of coffee per day.
Choose the plan that fits your business needs. Start free, upgrade anytime.
Free
Perfect for trying ReceiptsAI risk-free with no credit card required.
$0/month
- 30 free credits
- Data Extraction from Images or PDFs
- Basic categorization
- Email Support
Starter
Get started with basic AI bookkeeping, create your own categories and rules, and begin to automate your bookkeeping.
$12/month
- Process 100 pages per month
- Up to 30 Custom Categories
- Up to 20 Custom Rules
- Custom Document Renaming
- Auto Duplicate Detection
- Email support
Pro
Most popular
Boost your productivity with advanced AI features and enhanced automation for growing businesses.
$29/month
- Process 500 pages per month
- Up to 100 Custom Categories
- Up to 100 Custom Rules
- Custom Document Renaming
- Auto Duplicate Detection
- Priority Support
- Bulk Processing
- API Access (Beta)
Join over 10,000+ businesses saving time with ReceiptsAI
Save time managing receipts
Join 300+ small businesses around the world who use ReceiptsAI to assist with their bookkeeping.
