Industry-leading precision in PDF to Excel bank statement conversion, backed by rigorous testing and continuous AI improvement
We've processed over 1 million bank statements and consistently achieve industry-leading accuracy rates through advanced AI technology and rigorous quality controls
Correctly extracted data across all transaction fields
Based on analysis of over 1 million transactions from 1,000+ banks
Correct date parsing and formatting
Handles various international date formats with high precision
Precise numerical extraction with proper decimal handling
Correctly processes currencies, negative values, and formatting
Complete transaction description capture
Preserves merchant names, transaction codes, and reference numbers
For a 10-page bank statement with 200 transactions, you can expect:
We guarantee 99.5% overall accuracy for standard bank statement formats from major financial institutions. This means 995 out of every 1,000 data points will be correctly extracted.
Our guarantee applies to text-based PDF statements from established banks with standard formatting. Heavily customized formats or poor-quality scans may have lower accuracy rates.
Accuracy is measured against human verification of transaction dates, amounts, descriptions, and reference numbers. We use statistical sampling methods to validate our accuracy claims.
We track accuracy metrics in real-time and continuously improve our AI models. User feedback and error reports help us enhance conversion quality for all customers.
Our AI is optimized for different bank categories, with accuracy rates varying based on statement complexity and formatting standards
| Bank Category | Accuracy Rate | Examples |
|---|---|---|
| Tier 1 Banks (Top 50) | 99.7% | Chase, Bank of America, Wells Fargo, Citibank |
| Regional Banks | 99.5% | PNC, TD Bank, Capital One, US Bank |
| Credit Unions | 99.3% | Navy Federal, USAA, Local Credit Unions |
| International Banks | 99.2% | HSBC, Deutsche Bank, BBVA, Santander |
| Online Banks | 99.6% | Ally, Marcus, Discover Bank, Capital One 360 |
We understand that accuracy is critical when dealing with financial data. That's why we've invested heavily in AI technology, quality assurance processes, and continuous improvement systems to deliver the most accurate PDF to Excel conversion service available.
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