What does it mean to automate bank reconciliation?+
Bank reconciliation means matching every transaction on your bank statement against your own accounting records to confirm they agree. Automating it means replacing the manual process — downloading a PDF, re-typing rows into Excel, and checking each line — with software that extracts, categorizes, and structures all transactions for you in seconds.
How does AI automate bank reconciliation?+
Our AI reads your PDF bank statement, extracts every transaction (date, description, amount), categorizes each one into the correct spending or income category, and outputs clean structured data. Instead of manually copying rows from a PDF into a spreadsheet, you upload once and get a fully organized transaction list in 30 seconds.
Can I automate bank reconciliation in Excel?+
You can partially automate it in Excel using VLOOKUP, Power Query, or macros — but you still have to manually export data from your bank and set up the formulas. Our tool eliminates that entirely: upload the PDF and export clean CSV data that you can paste directly into your Excel reconciliation sheet.
How does this compare to Xero or NetSuite bank reconciliation?+
Xero and NetSuite require a live bank feed or manual import, subscription fees, and setup time. Our tool works with any PDF bank statement from any bank in the world — no bank feed required, no accounting software subscription, no setup. Great for freelancers, small businesses, and anyone who just needs clean transaction data fast.
What banks and statement formats does it support?+
Any bank, anywhere in the world. Chase, Bank of America, Wells Fargo, Barclays, HSBC, ING, Santander, and thousands more. As long as you have a PDF statement, the AI can extract the transactions — even scanned or image-based PDFs using OCR.
Can I export the reconciled transactions to CSV or Excel?+
Yes. After the AI processes your statement, you can export all transactions as a CSV file — with date, description, category, and amount columns — ready to import into Excel, QuickBooks, Xero, or any accounting tool.
How many transactions can it handle?+
Unlimited transactions per page. A typical monthly statement with 200+ transactions on 3 pages processes in under 30 seconds. Paid plans support larger multi-page statements for businesses with higher volumes.
Is it free to use?+
Yes — the first 3 pages of your bank statement are free, no signup required. Most single-month statements fit within that limit. Paid plans start at $9/month for larger volumes or recurring reconciliation needs.
