Bank Statement Capture

Bank statement processing has never been & so easy and reliable

Automate Bank Statement capture and processing with Docsumo’s intelligent OCR engine & APIs. Minimal setup, intelligent extraction, smart validation & easy integration.

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The Challenge

Operations team spend up to half of their time manually extracting data looking up for data from bank statements. Traditional optical character recognition (OCR) solutions can’t automate data extraction because they lack a standardised format.

Moreover, extracted data needs to be validated against ERP system to achieve high straight through processing. This becomes a huge bottleneck to reduce cost of operations and turnaround time.

The Docsumo Advantages

< 1 min

Processing Time

Reduce turnaround time from hours or days to minutes.

50%

Cost Reduction

Halve your cost of operations when processing 50k+ invoices

98%+

Accuracy

Reduce manual errors and get precise data

Enter your metrics to find out how Docsumo can add value!

Get a free ROI report and see the impact of your invoice automation project.

Tell us where you are today

How big is your accounts payable/ operations team?

How many invoices do you receive annually?

Full Name

Business e-mail

This is what your invoice processing operations could look like tomorrow

Based on real benchmarks from Docsumo customers, this is what we project for you and your team.

0 %

Straight through Processing

$ 0

Total cost reduced

< 30 secs

Average processing time

0 hrs

Total time saved

0 %

Projected ROI

Solution

Docsumo has been rolled out as one of the most efficient and customised tools for invoice data capture. Let’s take a look at how Docsumo can be used for extracting structured data from invoices in a matter of Seconds.

Features

Build a customized document capture and data extraction workflow within minutes. Convert PDFs or scanned Invoices to data without needing technical skills or coding.

OCR Scanned Invoices

OCR Scanned Invoices

Our built-in intelligent OCR engine allows you to extract text from scanned documents as well as text based PDF files.

Advance Processing

Advance Image Processing

Advanced image preprocessing (deskewing, noise reduction, contrast correction) gives higher data extraction accuracy.

Extract Tables

Extract Tables

Extract tables from PDF files and scanned documents with our smart table extraction feature.

Smart Filters

Smart Filters

Apply filters for dates, numbers and other regular expressions to extract data in desired format.

Bank Statement Processing Presets

Bank Statement Processing Presets

Docsumo comes with presets for processing invoices and extracing header data (invoice ID, date, totals, net, tax amounts) out of the box and without any training.

Automatic Email Parsing

Automatic Email Parsing

Auto-forward emails with attachments to a dedicated Docsumo email address. Docsumo captures text data from emails along with attachments.

Integrate with API or Webhooks

Integrate with API or Webhooks

Docsumo makes it very simple to send extracted data to any other software with APIs & webhooks out of the box.

Amazingly Fast Processing

Amazingly Fast Processing

It takes less than a minute to import a document, preprocess it, extract all data fields from it and send the data to other apps.

Batch Upload

Batch Uploads

Simply drag and drop documents from your local disk to upload your files in batches. You can also use our API or cloud integrations to automatically import your documents.

Easily Download Data

Easily Download Data

Docsumo converts PDF to CSV, Excel, JSON and XML files formats. You can download extracted data for any date range in the format you like.

Standard fields that are extracted

You can easily add, delete and move any field.

  • Basic Information:
  • Account Name
  • Account Number
  • Bank Name
  • Opening Balance
  • Closing Balance
  • Categories:
  • Books
  • Brokerage
  • Cash Back
  • Cash Deposit
  • Credit Card Payment
  • Cash Withdrawal
  • Fraud Checks:
  • Publisher
  • Creator
  • Holiday
  • Salary Date
  • Cash Deposit Payment
  • Transactions:
  • Line Items:
  • Description
  • Date
  • Debit
  • Credit
  • Balance
  • Category

What Our Customers Are Saying

"We are using Docsumo’s APIs for automating data capture from bank statements and identity cards while on- boarding customers. It has reduced the time our operations team spends on data entry by manifolds while providing a much better customer experience. "

Prashanth Ranganathan
CEO, paysense.com

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We’d love to show you how you can increase your productivity, process your documents faster and save operations cost!

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How many documents per month do you need to process?