ConvertBankToExcel

ConvertBankToExcel is an innovative AI-powered platform designed specifically for accounting professionals, aiming to revolutionize the tedious task of bank statement conversion. By leveraging advanced technology, ConvertBankToExcel eliminates the need for manual data entry, allowing users to effortlessly extract transaction data from PDF bank statements. This data is then automatically converted into a variety of formats including Excel, CSV, and QuickBooks, making it incredibly accessible and ready for use in financial analysis and reporting. With a remarkable accuracy rate exceeding 99% as verified by CPAs, the platform supports over 20 major banks across the US and Canada. Whether you are a CPA, bookkeeper, or anyone needing to process bank statements, ConvertBankToExcel simplifies the task and saves valuable time. The platform's free tier offers up to 7 pages daily without requiring credit card information, making it an ideal choice for those looking to streamline their workflow and reduce the burden of manual data entry in financial tasks.

99%+ Accuracy Rate

ConvertBankToExcel boasts an impressive accuracy rate of over 99%, a figure that has been verified by CPAs. This high level of precision ensures that the transaction data extracted from bank statements is reliable, minimizing the risk of errors in financial reporting and analysis.

Fast Processing Time

With the capability to process bank statements in under 30 seconds, ConvertBankToExcel significantly speeds up the conversion process. This rapid turnaround allows accounting professionals to focus on more critical tasks instead of spending hours on data entry, ultimately enhancing productivity.

Extensive Format Support

The platform offers nine different export formats, including QuickBooks (QBO/QFX/OFX/IIF), Excel, CSV, JSON, and XML. This versatility ensures that users can seamlessly integrate the converted data into their preferred accounting software or spreadsheets, catering to various financial needs.

Automatic Bank Detection

ConvertBankToExcel features automatic bank detection, allowing it to identify the user's bank effortlessly. This functionality streamlines the conversion process by eliminating the need for manual input and ensuring accurate extraction of transaction data from the right bank.

Mortgage Applications

When preparing applications for mortgages, it is essential to present organized bank statements to lenders. ConvertBankToExcel enables quick conversion of bank statements into the required format, making it easier to compile financial documents for approval processes.

Tax Preparation

During tax season, organizing financial statements is crucial for compliance and accurate filing. ConvertBankToExcel simplifies this task by converting bank statements into easily manageable formats, helping professionals ensure they meet IRS requirements and tax obligations.

Visa Applications

For individuals applying for visas or immigration processes, financial documentation plays a vital role. ConvertBankToExcel allows users to convert their bank statements into the necessary formats quickly, ensuring all financial requirements are met for visa applications.

Foreign Language Processing

ConvertBankToExcel can process bank statements in over 50 languages, complete with auto-translation features. This capability is particularly useful for international clients and professionals dealing with foreign currency transactions, enhancing accessibility and usability.

How secure is my data with ConvertBankToExcel?

ConvertBankToExcel employs bank-grade encryption to protect your sensitive data. Additionally, all processed files are automatically deleted after 24 hours, ensuring that your information remains confidential and secure.

Can I use ConvertBankToExcel for multiple bank accounts?

Yes, ConvertBankToExcel allows for the consolidation of statements from multiple bank accounts into unified reports. This feature is especially beneficial for accounting professionals managing various clients or accounts.

Is there a limit to how many pages I can convert for free?

Yes, the free tier allows you to convert up to 7 pages daily without requiring a credit card. This feature enables users to try the platform and experience its capabilities before committing to a paid plan.

What types of bank statements can I convert?

ConvertBankToExcel supports a wide range of bank statement formats, including both digital and scanned PDFs. Its AI-powered OCR technology ensures accurate data extraction, regardless of the statement type.