Bank Statement Extract vs Rocket Statements Detailed comparison features, price

Bank Statement Extract

Bank Statement Extract is an AI-powered solution designed to streamline financial data processing. This tool eliminates the need for manual data entry by automatically converting PDF bank statements into ready-to-use Excel files.

By leveraging advanced AI, Bank Statement Extract achieves a 99.8% accuracy rate, significantly reducing the risk of human error. The platform prioritizes data security, processing files and immediately deleting them to ensure complete privacy.

Rocket Statements

Rocket Statements offers a fast, simple, and secure way to convert bank statements, eliminating manual data entry. This tool seamlessly transforms PDF bank statements into formats compatible with leading accounting software such as QuickBooks, Xero, and FreshBooks. It supports conversions from PDF and image files to Excel, CSV and JSON.

With enterprise-grade encryption and support for over 100 major banks worldwide, the platform ensures data security and provides clean, structured output. The built-in AI copilot ensures high accuracy and efficiency, streamlining financial workflows.

Pricing

Bank Statement Extract Pricing

Paid

From $30

Bank Statement Extract offers Paid pricing with plans starting from $30 per month .

Rocket Statements Pricing

Freemium

From $15

Rocket Statements offers Freemium pricing with plans starting from $15 per month .

Features

Bank Statement Extract

Custom Data Extraction: Select what data to extract to Excel in simple words
Multi-PDF Processing: Upload multiple statements at once with unlimited pages
Lightning-Fast Results: Get your formatted data in seconds with 99.8% accuracy
Maximum Flexibility: Define custom schemas to get data exactly how you need it
Complete Privacy: Files are processed and immediately deleted - your data stays secure

Rocket Statements

Data Transforms: Seamlessly convert PDF bank statements into formats supported by accounting software like QuickBooks, Xero, and FreshBooks.
Bulk Processing: Upload and convert batches of statement PDFs at once.
Multiple Export Options: Export converted statements into Excel, CSV, or JSON formats.
Secure Encryption: Enterprise-grade encryption to keep data and files encrypted at rest and in transit.
AI Copilot: Built-in AI ensures smooth and flawless conversions.
Global Bank Support: Compatibility with over 100 major banks worldwide.
Clean Data Formatting: Structures statement data cleanly, with key fields formatted for readability.

Use Cases

Bank Statement Extract Use Cases

Converting bank statements to Excel for accounting
Automating data entry for financial analysis
Reconciling bank statements with financial records
Extracting specific transaction data for reporting

Rocket Statements Use Cases

Streamline accounting workflows by automating data entry.
Prepare financial reports and analyses.
Integrate bank statement data with accounting software.
Bulk convert historical bank statements for auditing.
Securely manage and archive financial data.

FAQs

Bank Statement Extract FAQs

Does it work for all bank statements from different banks?

Yes, it is designed to work with statements from any bank.
How accurate is the extraction?

The extraction boasts a 99.8% accuracy rate.
How do you handle my sensitive financial data?

Files are processed and immediately deleted to ensure your data stays secure.
Can I process multiple bank statements at once?

Yes, the tool supports multi-PDF processing.
Can I export to formats other than Excel?

Currently, the primary export format is Excel.

Rocket Statements FAQs

Is my data safe with the Rocket Statement bank statement converter?

Yes, Rocket Statement utilizes enterprise-grade encryption so your data and files are encrypted at rest and in transit.
How fast are conversions normally?

Conversions are very quick. In a flash, your statement will be converted for download.
Can your app really convert any bank statement into csv or excel sheet?

The app supports over 100 major banks worldwide and can convert PDF and image bank statements into CSV or Excel formats.
How do I use the Rocket Statement bank converter app?

Upload your bank statement file, click Export, and then download the converted file in your chosen format (Excel, CSV, or JSON).