Scan Statement
ScanStatement is a web-based service designed to extract transaction data from bank statement PDFs and convert it into clean Excel or CSV files. It eliminates the need for manual re-typing of transactions at month-end, saving hours for bookkeepers and accountants. The platform supports PDFs from any bank worldwide, including those that are scanned or photographed, using OCR to recognize text. It automatically structures the data into rows with date, description, signed amount, and balance, and performs a reconciliation check to ensure the opening balance plus transactions equals the closing balance. Users can review and edit any extracted row inline before export, with the reconciliation badge updating live. The service is privacy-focused, processing files in memory without storing them, and only retaining the last four digits of the account number. It offers tiered pricing based on page volume, with a free tier for small-scale testing and paid plans for solo practitioners and firms.
- Category
- B2C
- Pricing
- Paid
Problem solved
Bookkeepers and accountants spend hours manually re-typing transaction data from bank statement PDFs into accounting software, a process prone to errors and billable time waste. ScanStatement automates this extraction and reconciliation, turning PDFs into structured spreadsheets in seconds.
Use cases
- Convert monthly bank statement PDFs to Excel for QuickBooks or Xero import
- Process scanned or photographed bank statements via OCR
- Bulk upload client statements for batch conversion in accounting firms
- Review and edit extracted transactions before finalizing the spreadsheet
- Reconcile bank statement balances automatically to detect discrepancies
- Export transaction data to CSV for further analysis or archival
Audience
- Business Users
- Enterprise
- Startups
Pros
- Works with any bank, no templates needed
- Supports scanned and photographed PDFs via OCR
- Built-in reconciliation check for accuracy
- PDFs processed in memory without storage
- Quick export to Excel or CSV
Cons
- Free tier limited to 10 pages per month
- No direct integration with accounting software beyond file export
- OCR accuracy may vary with poor-quality scans
- No self-hosted or on-premises option
- Subscription cost may be high for very low-volume users
Official website: https://scanstatement.com/
Canonical LambdaBase page: https://www.lambdabase.com/tools/scan-statement