Bank statement conversion use cases

Reconciliation & bookkeeping: Convert statements into clean rows (date, description, amount, balance) for fast GL reconciliation and month‑end close.
Accounting system import: Export CSV/XLSX ready for import into QuickBooks, Xero, NetSuite or your data warehouse.
Lending & underwriting: Summarize income, outgoings, recurring payments, and risk flags to accelerate loan decisions.
KYC/AML source‑of‑funds: Validate inflows, identify counterparties, and evidence affordability for compliance reviews.
Expense analytics: Categorize spend, detect duplicates, and build dashboards from converted statement data.
Audit & compliance: Create audit‑ready evidence with line‑item exports and traceable transformations from PDFs to spreadsheets.

Payout & marketplace reconciliation: Match bank deposits with marketplace or PSP reports to reconcile fees, refunds, and chargebacks.
Cash flow forecasting: Extract inflows/outflows by category from statements to build rolling cash forecasts.
Multi‑currency bank rec: Normalize FX statements and export with currency codes and converted amounts for ERP import.
Tax preparation: Generate categorized CSVs for Schedule C, VAT/GST returns, and year‑end reconciliations.
Fraud & forensics review: Surface unusual counterparties, split transactions, and cash withdrawals from historic statements.
Property & HOA management: Reconcile rents, dues, and vendor payments across multiple accounts with monthly statement exports.
Due diligence & M&A: Standardize bank activity for data rooms and financial reviews during fundraising or acquisitions.
Insurance claims support: Provide structured evidence of payments, premiums, and losses from claimant bank statements.