Bookkeepers and accountants manually convert bank statement PDFs/images into Excel or accounting software entries, a time-consuming and repetitive task.

Existing solutions require manual data entry or conversion from PDFs/images; no seamless automated extraction and import.

Severity

2Mild

Willingness to Pay

implied

Added

Apr 28, 2026

Workarounds Described

manually convert bank statements (PDF/images) into Excel or accounting software entries

Implied Software Gaps

Automated extraction and import of bank statement data into accounting software

App Concept

StatementSnap

StatementSnap is an AI-powered tool that automatically extracts transaction data from bank statement PDFs and images, and directly imports it into popular accounting software like QuickBooks and Xero. It eliminates manual data entry, reduces errors, and saves hours per client per month.

Key Features

AI-powered OCR to extract transactions from bank statement PDFs and images
Direct integration with QuickBooks, Xero, and other accounting platforms
Batch processing for multiple clients/statements at once
Auto-categorization and mapping to chart of accounts

Target Users: Bookkeepers and accountants in small to mid-sized accounting firms handling multiple clients

Revenue Model: $29/mo per user SaaS subscription, with a freemium tier limited to 2 statements per month

Existing Solutions Mentioned

Excelaccounting software

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