Fulla LedgerBANK STATEMENT CONVERTER

OCR and parser comparison

Bank statement OCR software and parsers, checked October 2026

The best bank statement OCR software depends on who will use it: developers usually want a per-statement API such as Veryfi or Google Document AI, lenders want verification from Ocrolus or Docsumo, and bookkeepers want an app that exports spreadsheets or accounting files, such as DocuClipper, Lido or Fulla Ledger. Fulla Ledger publishes this page and makes one of the nine tools. Every fact below comes from the vendor’s own pages, checked on 2026-10-22, with no affiliate links. Choose on four things: API or app, who reviews the rows, how long files are kept, and what the price counts.

By Fulla LedgerChecked Published No affiliate links

How we checked
Paper packets set beside a green ledger for comparison

Start with the job, not the brand.

Bank statement OCR tools split into APIs for developers, platforms for lenders and apps for bookkeepers. Four questions narrow the list quickly: do you need an API or an app, who checks the rows before they are used, how long may the vendor keep the files, and does the price count pages, statements or workflow steps.

Shortlists by job, from each vendor’s own pages, checked . Tools are named in no particular order.
If you needStart withWhy
An extraction API inside your own productBoth price per statement or document rather than per page, and return structured data for your own code. Veryfi adds a fraud score; Google runs inside your Google Cloud project.
Lending, underwriting and eligibility filesOcrolus adds its own human reviewers, document fraud analysis and income tools. Docsumo checks each statement against the pay stubs, tax returns and IDs in the same file.
Statements that arrive by email every monthParseur reads documents forwarded to a mailbox and sends rows to sheets and apps. Nanonets runs extraction as one step in a longer workflow with email and storage connectors.
Spreadsheets and accounting importsDocuClipper and Lido export QBO, QIF and other accounting files. Fulla Ledger exports XLSX and CSV, and OFX for QuickBooks Online and Xero, after you approve the rows.
The shortest time your files are keptGoogle processes online requests in memory. Parseur lets you set retention as low as 1 day. Fulla Ledger deletes the PDF, rows and exports 24 hours after the upload starts.
A person checks rows before they are usedDocsumo sends uncertain fields to a review queue. Lido previews every transaction and flags low-confidence fields. Fulla Ledger exports only rows you approve.

What bank statement OCR does, and where it fails.

OCR turns the image of a page into characters. A parser then decides which characters are a date, a description, an amount and a balance, and turns each transaction into a row. A statement downloaded from online banking usually has a text layer, so OCR is only needed for scans and photos. Parsing is needed for every statement, and that is where most errors start.

  • Descriptions that wrap onto a second line, which become an extra row or attach to the wrong transaction.
  • Amounts read into the wrong debit or credit column, which flips the sign.
  • Running balances, balance brought forward lines and page totals read as transactions.
  • Digits misread on blurred, skewed or low-resolution scans, such as an 8 read as a 3. Google recommends scans of at least 200 dpi, and 300 dpi or more for best results. Source
  • Page limits. Veryfi counts one document as up to 15 pages; longer files need a custom account. Source
  • Google’s Bank Statement Parser takes 15 pages per online request (30 with imageless mode) or 30 in a batch, lists English as its only language, and processes only the first statement in a file. Source

A worked example: one misread digit.

Fictional example. Harbor Lane Bakery and every number below are invented.

A September business checking statement opens at 4,210.55 and closes at 2,428.90. The scan is slightly blurred, and the OCR reads the 8 in 1,280.00 as a 3. Every other row is correct.

Harbor Lane Bakery, fictional statement for September 2026, in USD
DateDescriptionTypeOn the statementAs extracted
Sep 1Opening balance4,210.554,210.55
Sep 2Card settlement depositCredit1,280.001,230.00misread
Sep 5Rent, Dock Street PropertiesDebit2,150.002,150.00
Sep 9ACH, Millbrook Flour Co.Debit612.40612.40
Sep 14Card settlement depositCredit1,045.751,045.75
Sep 20PayrollDebit1,330.001,330.00
Sep 28Monthly service feeDebit15.0015.00
Total credits2,325.752,275.75
Total debits4,107.404,107.40
Closing balance: printed, and opening plus credits minus debits2,428.902,378.90
Gap0.0050.00

4,210.55 plus 2,275.75 minus 4,107.40 is 2,378.90, which is 50.00 short of the printed closing balance. A shortfall of exactly 50.00 points to a credit read 50.00 too low, a debit read 50.00 too high, or a missing 50.00 credit. A sign error shows as twice the amount: the 15.00 fee read as a credit would leave a 30.00 gap. A balance check cannot catch two errors that cancel out, a wrong date or a swapped description, so whatever tool you choose, someone still needs to look at the rows the checks flag against the page they came from.

Nine tools compared.

One row per tool, the same columns for every row, Fulla Ledger included. Tools are listed alphabetically, not ranked. “Not stated” means the vendor’s pages we read do not say, not that the feature is missing.

Nine bank statement OCR tools and parsers, from each vendor’s own pages, checked
ToolAPI or appScanned and image filesOutputsEntry priceBilling unitFree useHuman reviewStated retentionSuitsSource, date checked
DocsumoDocsumo document processing platformBoth: a web app, with APIs and webhooks on every planDigital and scanned statements from any bankJSON sent to your systems by webhook; APIs and Excel downloads on every planBusiness and Enterprise: custom quote; setup fees are charged on topPages processed a month or a year, plus workflow steps such as classification and checks across documents14-day free trial: up to 1,000 pages and 10 user licensesFields the model is unsure about go to a review queue with a confidence score; the rest post straight throughKept as long as needed to provide the service. Delete in the app or by API at any time; all content is deleted when the agreement ends.Lending and underwriting, Medicaid and long-term care eligibility, debt settlement, and financial services and accounting teamsChecked 2026-10-22
DocuClipperDocuClipper web app and APIBoth: a web app, and an API with personal access tokens that runs a bank statement job and returns transactions as JSON or CSVScanned and digital PDFs; scanned and photographed pages go through OCR, and crooked pages are rotated automaticallyXLSX, CSV, QBO, QFX, OFX, QIF and Xero; JSON and CSV through the APIStarter 60: $29 a month for 60 pages, or $20.30 a month billed annuallyPer successfully processed page; failed conversions do not use pages14-day free trial, up to 120 pages, no credit cardEach statement period is totaled against its printed opening and closing balances, and periods that do not tie out are flagged before exportPaid accounts: kept while subscribed, deleted 90 days after cancellation. Free and trial accounts: deleted about 30 days after upload. You can delete data at any time.Accountants and CPA firms, lenders and underwriting teams, forensic investigators and financial institutionsChecked 2026-10-22
Fulla LedgerFulla Ledger web app and REST APIBoth: a web app, and a REST API with a workspace API key at up to 60 requests a minuteText, scanned, mixed and password-protected PDFs, up to 250 pages and 50 MiB each. PDF files only, no image files.XLSX, CSV and OFX on the website; JSON through the REST APIStarter: $30 a month for 400 pages, or $180 a year for 4,800 pagesPer PDF page; failed statements and re-runs do not use pages1 page every 24 hours without an account; 5 pages every 24 hours in a free workspace, no card. No trial.You review every row beside its source page, correct, split or merge it and check balances. Nothing is exported until you approve.PDF, rows and exports deleted 24 hours after the upload starts. Pages go only to Mistral through OpenRouter, with zero data retention.Bookkeepers, accountants and developers who want a person to approve the rows before they reach a spreadsheet, an accounting import or an applicationChecked 2026-10-22
Google Document AIBank Statement Parser processor on Google CloudAPI: a pretrained Bank Statement Parser processor that you call from a Google Cloud projectPDF and image files, including TIFF, JPEG, PNG, BMP, GIF and WebP. Google recommends scans of at least 200 dpi, and 300 dpi or more for best results.Fields in the API response: account number and type, bank and client names and addresses, starting and ending balances, statement dates, and deposit and withdrawal rows$0.75 per classified document, pay as you goPer document; failed requests are not billedNo free allowance listed for the Bank Statement ParserNot stated on the pages we readOnline requests are processed in memory and not written to disk. Batch documents are typically deleted right after processing, with a one-day failsafe.Developers on Google Cloud processing English-language statements: up to 15 pages per online request, or 30 with imageless mode, and 30 per batch requestChecked 2026-10-22
LidoLido document extractionWeb app on Standard; API and workflow access on the Scale planDigital PDFs, scanned paper statements and phone photosXLSX, CSV, QBO, Xero CSV, QIF, Tally XML and JSONStandard: $29 a month for 100 pagesA page allowance per plan; Lido says it does not offer per-page billing50 free pages that do not expire, no credit cardA preview of every extracted transaction before download, with low-confidence fields flaggedNo retention period stated on the pages we read; you can request deletion at any timeAccounting firms, lenders, forensic accountants, property managers and small businessesChecked 2026-10-22
NanonetsNanonets bank statement converter and workflow platformBoth: a web converter and a REST API; plans add email and cloud storage connectorsScanned PDFs, photos of paper statements and digital statementsCSV from the converter and from the APIStarter: $100 a month for 100 credits, after $50 in free creditsPer workflow block run; $0.30 per complex AI block such as data extraction$50 in free credits, no cardNot stated on the pages we readFree converter: files deleted automatically within hours after processing. Platform retention is not stated on the pricing page.Teams automating a wider document workflow across email, cloud storage, ERP and databasesChecked 2026-10-22
OcrolusOcrolus lending platformBoth: API and dashboard, with integrations into loan origination systemsPDFs and images: JPEG, PNG, BMP and single-image TIFFTransactions and analytics as JSON, or analytics as Excel, through the APINot stated: no public price list on the pages we read; the site offers a demoNot statedNot stated; the site has a sign-up linkTasks that cannot be completed with full confidence go to several AI agents that check each other’s work, and Ocrolus Data Professionals (human in the loop) resolve edge casesNot stated on the pages we readLenders: cash flow and income-based underwriting for small business funding, mortgage and consumer lendingChecked 2026-10-22
ParseurParseur document parserBoth: a web app with mailboxes, with API and webhooks on every planText-based, image-based and scanned bank statementsExcel, CSV and JSON on every plan; Google Sheets, Zapier, Power Automate, Make, webhooks and APIMicro: $49 a month for 100 pagesPer page: 1 credit per PDF page; unused credits expire at the end of each billing periodFree tier: up to 20 pages a month, 1 userNot stated on the pages we readYou set it from 1 day up to your plan’s limit: 90 days on Free, 1 year on Base plans, unlimited on Scale plansTeams whose statements arrive by email or upload and go on to spreadsheets or other apps, with no codingChecked 2026-10-22
VeryfiVeryfi Bank Statements OCR APIAPI, with SDKs for developmentPDF, PNG, JPEG and ZIP uploads up to 20 MBJSON: bank, account holder, balances and every transaction, plus a fraud scoreStarter: $0.25 per bank statement, with a $500 monthly minimumPer document, not per page; one document can span up to 15 pagesFree plan: up to 100 documents a month. The bank statements page also offers a 14-day free trial.OCR scores per page and a fraud score, for routing results to your own review queueFree and Starter: limited storage. Growth: unlimited storage and custom data retention. No period stated.Developers building reconciliation, lending and spend tools that take a statement PDF instead of a bank loginChecked 2026-10-22

What 200 statements a month cost at list prices.

Fictional example: a lending team processes 200 statements a month. The billing unit decides who is cheapest. Per-statement prices stay the same when statements get longer; per-page prices rise with every page. Prices are monthly list prices from the vendors’ own pages; quotes, setup fees, taxes and annual discounts are left out.

Monthly list price for 200 statements, USD, checked
Tool5-page statements (1,000 pages)15-page statements (3,000 pages)
DocsumoCustom quote based on pages and workflow steps; setup fees are extra.Custom quote based on pages and workflow steps; setup fees are extra.
DocuClipper$219 (Business 1000)200 statements × 5 pages = 1,000 pages. Business 1000 costs $219 a month for 1,000 pages.$599 (Enterprise 3000)200 statements × 15 pages = 3,000 pages. Enterprise 3000 costs $599 a month for 3,000 pages.
Fulla Ledger$60 (Professional)200 statements × 5 pages = 1,000 pages. Professional costs $60 a month for 1,000 pages.$99 (Business)200 statements × 15 pages = 3,000 pages. Business costs $99 a month for 4,000 pages.
Google Document AI$150 (Bank Statement Parser)200 documents × $0.75 = $150. Statement length does not change the price.$150 (Bank Statement Parser)200 documents × $0.75 = $150. Statement length does not change the price.
LidoStandard covers 100 pages a month. The next plan, Scale, is billed yearly: $7,000 for 42,000 pages.Standard covers 100 pages a month. The next plan, Scale, is billed yearly: $7,000 for 42,000 pages.
NanonetsBilled per workflow block run; the cost per statement depends on how many blocks your workflow runs.Billed per workflow block run; the cost per statement depends on how many blocks your workflow runs.
OcrolusNo public price list on the pages we read.No public price list on the pages we read.
Parseur$129 (Starter)200 statements × 5 pages = 1,000 pages. Starter costs $129 a month for 1,000 pages.$269 (Premium)200 statements × 15 pages = 3,000 pages. Premium costs $269 a month for 3,000 pages.
Veryfi$500 (Starter)200 statements × $0.25 = $50, below the $500 monthly minimum, so $500. Statement length does not change the price.$500 (Starter)200 statements × $0.25 = $50, below the $500 monthly minimum, so $500. Statement length does not change the price.

Which tool fits which job.

What each tool does well according to its own pages, and what to check before you choose it. No tool here is ranked first.

Docsumo

Docsumo document processing platform. Both: a web app, with APIs and webhooks on every plan Source

Fits when

  • A loan or eligibility file mixes statements with pay stubs, W-2s, tax returns and IDs, and you want them split, classified and checked against each other. Source
  • Your security review needs SOC 2 Type 2, ISO/IEC 27001:2022 and HIPAA, and a choice of hosting region including the EU and UK. Source
  • You want to test at volume before buying: the 14-day trial covers up to 1,000 pages. Source

Check

  • No public price list: Business and Enterprise are quoted, and setup fees are charged on top.
  • Splitting and classifying mixed uploads come with the Business plan; checks across documents come with Enterprise.
  • It reads documents with large language model APIs from Anthropic and OpenAI, both listed as subprocessors.

DocuClipper

DocuClipper web app and API. Both: a web app, and an API with personal access tokens that runs a bank statement job and returns transactions as JSON or CSV Source

Fits when

  • You post to QuickBooks, Quicken or Xero and need QBO, QFX, OFX or QIF files as well as spreadsheets. Source
  • Statements arrive from many places: bulk upload, a project email address, Google Drive, Dropbox, OneDrive or Box folders, or the API. Source
  • Several people share one account: unlimited users on every plan, with API access from Starter. Source
  • Your procurement asks for a SOC 2 report: its security page states SOC 2 Type II and offers reports for vendor review. Source

Check

  • Paid accounts keep data while you subscribe. Delete statements yourself if you need a shorter window.
  • The entry plan covers 60 pages a month, about 12 five-page statements. Price your real monthly page count.

Fulla Ledger

Fulla Ledger web app and REST API. Both: a web app, and a REST API with a workspace API key at up to 60 requests a minute Source

Fits when

  • You are building an application and want a human approval step in the API: upload, review, approve, then export. Source
  • You want a short retention window: the PDF, extracted rows and exports are deleted 24 hours after the upload starts. Source
  • You import OFX into QuickBooks Online or Xero, or want JSON through a REST API. Source
  • A team shares the work: every paid plan includes unlimited workspace seats. Monthly plans: $30 for 400, $60 for 1,000, $99 for 4,000 pages. Source

Check

  • PDF statements only: no image files, invoices, receipts or tax forms.
  • No QBO, QFX or IIF export and no direct QuickBooks or Xero sync. QuickBooks Desktop is not supported.
  • Fulla does not publish a SOC 2 report.
  • No trial and no rollover of unused pages. The largest listed plan is 4,000 pages a month.

Google Document AI

Bank Statement Parser processor on Google Cloud. API: a pretrained Bank Statement Parser processor that you call from a Google Cloud project Source

Fits when

  • You want no stored copy: online requests are processed in memory, and Google says it does not use customer documents to train Document AI models. Source
  • Your security review needs Google Cloud controls: customer-managed encryption keys, VPC Service Controls, data residency, HIPAA and FedRAMP High. Source
  • Volume is uneven: you pay per document, with no monthly minimum on the pricing page. Source

Check

  • English only. Up to 15 pages per online request (30 with imageless mode) and 30 per batch request.
  • If one file holds several statements, only the first is processed and charged.
  • You need a Google Cloud project and your own code to send files and use the results.

Lido

Lido document extraction. Web app on Standard; API and workflow access on the Scale plan Source

Fits when

  • You need Tally XML, QIF or a Xero-ready CSV as well as Excel and QBO. Source
  • You are tuning extraction on a new layout: a file can be reset and re-processed within 24 hours of upload at no extra cost. Source
  • Your procurement asks for SOC 2 Type 2 and HIPAA; custom BAAs are available on Enterprise. Source

Check

  • Standard has 1 user and 100 pages a month; the next plan is billed yearly.
  • Its bank statement page and pricing page list different prices above Standard. Confirm with Lido before you budget.
  • No retention period is stated on the pages we read.

Nanonets

Nanonets bank statement converter and workflow platform. Both: a web converter and a REST API; plans add email and cloud storage connectors Source Source

Fits when

  • Statements are one step in a longer workflow: each step, such as extraction, classification, formatting or posting to an integration, runs as a block. Classification and ERP and database integrations come with Growth. Source
  • You need deployment control: Enterprise lists SOC 2 and HIPAA compliance, SSO, private cloud or on-premises deployment, and data residency in the US, EU or APAC. Source
  • Usage is uneven: credits are shared across the team and never expire. Source

Check

  • It prices block runs, not pages, so price a sample workflow before you commit.
  • Starter allows up to 3 users.

Ocrolus

Ocrolus lending platform. Both: API and dashboard, with integrations into loan origination systems Source

Fits when

  • Your decision needs fraud checks on the document itself: tampering analysis down to the pixel, with the reasons behind each flag. Source
  • You underwrite from statements: its bank statement income calculator flags missing statements, NSF and overdraft activity and large deposits. Source
  • You want people, not only models, on hard pages: its human reviewers work in SOC-compliant clean-room facilities. Source

Check

  • Pricing is not published; expect a sales conversation.
  • Built for lending decisions. The pages we read list no accounting file exports such as OFX or QBO.

Parseur

Parseur document parser. Both: a web app with mailboxes, with API and webhooks on every plan Source

Fits when

  • Statements arrive by email: forward them to a Parseur mailbox automatically. Source
  • You want to choose between an AI engine and a template engine for layouts you see every month. Source
  • You want to control retention yourself: set it as low as 1 day in mailbox settings. Source

Check

  • Base plans include 1 user; multi-user accounts start on Scale plans of 10,000 pages or more a month.
  • At 100% of credits, new documents stop and are marked Quota exceeded until you upgrade, top up or renew.

Veryfi

Veryfi Bank Statements OCR API. API, with SDKs for development Source

Fits when

  • You want fraud signals with the data: edited regions, AI-generated pages and photos of screens are flagged page by page. Source
  • Your statements are long: billing is per document up to 15 pages, so a 12-page statement costs the same as a 2-page one. Source
  • Your security review needs SOC 2 Type 2; Veryfi also states HIPAA, GDPR and CCPA compliance. Source

Check

  • Starter has a $500 monthly minimum, so low volumes pay the minimum.
  • Documents over 15 pages need a custom account configuration.
  • Results come back as JSON; any spreadsheet or accounting file is yours to build.

Keep the source beside the claim

How we checked.

Fulla Ledger makes one of the tools on this page. On 2026-10-22 we read each vendor’s own pricing, product, security and privacy pages, and recorded every fact with the page it came from. Nobody paid to be listed, and there are no affiliate links.

We did not buy plans or run statements through the other tools, so this page compares published terms and features, not extraction quality. Where a vendor’s page does not say something, we write “Not stated”; that is not a claim the feature is missing. Prices are in US dollars at monthly billing unless noted. We re-check these pages every month and update the checked date.

Found something out of date? Email support@fullaledgerbankstatements.com and we will correct it with a dated note.

Docsumo
Checked 2026-10-22
DocuClipper
Checked 2026-10-22
Fulla Ledger
Checked 2026-10-22
Google Document AI
Checked 2026-10-22
Lido
Checked 2026-10-22
Nanonets
Checked 2026-10-22
Ocrolus
Checked 2026-10-22
Parseur
Checked 2026-10-22
Veryfi
Checked 2026-10-22

Questions people ask.

What is the best bank statement OCR software?

It depends on the job. From each vendor’s own pages: Veryfi and Google Document AI are APIs billed per statement; Ocrolus adds human reviewers and lending analytics; Docsumo checks statements against the rest of a loan file; DocuClipper and Lido export QBO and other accounting files; Parseur suits statements that arrive by email; Fulla Ledger makes you approve every row before export and deletes the PDF, rows and exports 24 hours after the upload starts. Fulla Ledger publishes this page, so check each fact against its source.

What is the best bank statement parser for developers?

Compare billing units and limits. Veryfi charges $0.25 per statement of up to 15 pages on Starter, with a $500 monthly minimum, and returns JSON with a fraud score. Google Document AI’s Bank Statement Parser charges $0.75 per document, reads English only, and takes up to 15 pages per online request (30 with imageless mode) or 30 in a batch. Docsumo and Ocrolus quote prices. DocuClipper, Parseur, Nanonets and Fulla Ledger also have APIs; Fulla’s puts a review and approval step before export.

Can bank statement OCR read scanned statements and phone photos?

Most tools here read scans. Veryfi, Ocrolus, Google Document AI and Nanonets accept image files as well as PDFs, and Lido, DocuClipper and Parseur describe photographed or image-based statements. Fulla Ledger reads scanned PDFs but not image files. Google recommends scans of at least 200 dpi, and 300 dpi or more for best results.

How accurate is bank statement OCR?

We did not test accuracy, and the percentages vendors publish are their own claims. Check every result against the statement: the opening balance plus credits minus debits must equal the printed closing balance. One misread digit, such as 1,280.00 read as 1,230.00, leaves a 50.00 gap. Errors that cancel out, wrong dates and wrong descriptions still need a look at the page.

Which tools keep statements for the shortest time?

Per their own pages: Google Document AI processes online requests in memory and typically deletes batch files right after processing, with a one-day failsafe. Fulla Ledger deletes the PDF, rows and exports 24 hours after the upload starts. Parseur lets you set retention as low as 1 day. DocuClipper keeps paid account data while you subscribe, and Docsumo as long as it needs to provide the service, until you delete it or the agreement ends. Veryfi offers custom retention on Growth. Lido and Ocrolus do not state a period on the pages we read.

How do bank statement OCR tools charge?

Four ways. By page allowance: DocuClipper, Parseur, Lido and Fulla Ledger. Per statement or document: Veryfi and Google Document AI, so long statements cost no more within their page limits. Per workflow step: Nanonets charges for each block a workflow runs. By quote: Docsumo and Ocrolus. Count your statements and pages in a normal month before comparing.

Why is Fulla Ledger on this list?

Fulla Ledger publishes this page and makes one of the tools. Tools are listed alphabetically, not ranked, and no vendor paid to appear. Several tools here read image files or export QBO files, which Fulla does not. Send corrections to support@fullaledgerbankstatements.com.

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