StatementReader software overview
StatementReader has been built by a team that is passionate about helping your firm to extract and analyse financial data quickly and cost efficiently. Here's why the application is currently being used all around the world:
- Input
StatementReader effortlessly extracts transactions from many different pre-set or user defined bank statement layouts.
Complex data layouts often cause other OCR applications to suggest a time consuming work-around, or manual data entry, but not StatementReader.
Good quality paper bank statements are all that StatementReader requires. Missing dates, multi-line transactions and overlapping amount columns are all interpreted effortlessly.
- Processing
StatementReader includes features that save your time at each step of the process.
Whilst StatementReader is processing your bank statements, you can start to analyse your data in Excel, which is presented page by page.
Also, batch processing can be configured in just a few clicks to extract transactions from many different scanned documents contained in the same folder.
- Output
StatementReader takes original paper bank statements and extracts the financial transactions straight to Excel in a format suitable for analysis.
And, once the transactions are extracted line by line, StatementReader presents a summary of the data, in seconds.
StatementReader automatically answers these questions, and many others:
- Who was the bank account holder dealing with in large amounts, and when?
- Over which period did significant transactions of recurring amounts occur?
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