Bank Statement Parser
Instantly Extract, Structure, and Analyze Bank Data
Extract insights from uploaded PDFs.
See Bank Statement Parser In Action
The Bank Statement Parser by Kriatix is an AI-powered solution that converts raw bank statements into clean, structured, and actionable data. It automatically reads PDFs, scanned documents, and digital statements, eliminating manual data entry and reducing errors in financial analysis.
Built for speed and accuracy, this parser helps finance, lending, compliance, and operations teams process bank data at scale with confidence.
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What Is the Bank Statement Parser?
The Bank Statement Parser is a ready-to-use solution that extracts transaction details, balances, and summaries from bank statements and converts them into structured formats like tables and reports. It supports multiple banks and statement formats, making it ideal for organizations handling high volumes of financial documents.
The system intelligently categorizes transactions and prepares data for downstream analysis, audits, or decision-making.
Who Is It For?
| Role | How They Benefit |
|---|---|
| Finance Teams | Eliminate manual statement data entry |
| Lending & Credit Teams | Analyze cash flow and repayment behavior |
| Compliance Teams | Validate financial records quickly |
| Accounting Firms | Process client statements at scale |
| Founders & CXOs | Gain clarity into financial performance |
Key Features
- Automated extraction from PDF and scanned statements
- Transaction-level data parsing and categorization
- Opening and closing balance detection
- Date, description, debit, credit, and balance mapping
- Support for multiple banks and formats
- Structured output for reporting and analysis
- Error detection and validation checks
Benefits
- Reduce manual effort and processing time
- Improve data accuracy and consistency
- Scale statement processing without added headcount
- Speed up financial reviews and audits
- Enable faster lending and risk assessments
- Standardize data across diverse bank formats
How It Works
- Upload Statements – Add PDFs or scanned bank statements
- Parse & Extract – AI reads and structures transaction data
- Validate Data – Identify inconsistencies or missing fields
- Categorize Transactions – Group expenses and inflows
- Export & Analyze – Use data for reports, audits, or systems
Add-ons & Integrations
- Cash Flow Analysis Module
- Fraud & Anomaly Detection
- Accounting Software Connectors
- Credit Risk Assessment Engine
- API access for internal systems
Deployment & Access
- Web-based interface
- Cloud or on-premise deployment
- Secure document handling and storage
- Role-based access and audit trails
What Our Partners Are Saying
"Company AI-powered interfaces have been praised for their usability ,Through exhaustive research and advanced automation, Kriatix made the application fluid, accessible, and future-ready for all users. The team adapted quickly to deliver complex AI-driven tasks and independently developed creative, detailed solutions. Their AI chatbot services stood out in particular — seamlessly integrating conversational AI that enhanced user engagement and streamlined support."
Amit Kumar
Co-Founder, Venture Transform Strategy Consulting LLP
"Kriatix.ai delivered the AI-powered application on time, leveraging Agile methodology to ensure flexibility and efficiency. The team conducted bi-weekly demos, keeping the project transparent and aligned with our goals. Using Jira, GitHub, and Slack, they maintained flawless communication and streamlined project management.Their integration of AI chatbots for real-time feedback loops accelerated our release cycle by nearly 25% and reduced manual validation efforts by 40%, resulting in a smoother, faster, and higher-quality delivery."
Sumit Kumar
CEO, HImalayan Basket Private Limiteds
"The AI-powered website delivered by Kriatix.ai is both visually appealing and high-performing they built a website that not only impressed us with its sleek design but also outperformed our expectations in speed and functionality. Their team worked as true partners—creative, experienced, and highly attentive to every detail.By integrating AI personalization and intelligent chatbots, the website now adapts to user behavior in real time, leading to a 35% increase in engagement and a 25% reduction in support queries."
Sneha Das
CEO, Ittisa
"Kriatix.ai completed the deliverables with excellence, often going the extra mile by suggesting AI-driven alternatives to our change requests. The workflow was seamless, with the team being timely and proactive in addressing every issue. They set realistic expectations, built intelligent automation into our processes, and delivered results with superb quality.Their AI chatbot integration not only streamlined support but also improved responsiveness, ensuring our users always received accurate and instant assistance."
Gururaj Mahale
Director of Growth Marketing, SYNERGOS
Frequently Asked Questions
What statement formats are supported?
The parser supports PDF, scanned images, and digital bank statements from major banks.
Can it handle different bank layouts?
Yes. It is designed to adapt to varied formats and structures across banks.
How accurate is the extraction?
Accuracy is significantly higher than manual entry, with validation checks to flag inconsistencies.
Can the data be exported?
Yes. Parsed data can be exported for reporting, analysis, or system integration.
Is the data secure?
Yes. The solution follows enterprise-grade security and access controls.
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