Knowledge base

1 min read

New client review

"For us, StatementReader removes the pain of processing bank statements on all cases requiring a transaction analysis in Excel. The user...

1 min read

Software update - Version 4.11

The latest software update saves you time at each stage - the extraction, validation and analysis. New features include: Smart...

1 min read

Fortnightly cash flow analysis

The total receipts and payments are split between the first and second half of each month and shown as a value and as a percentage of the...

1 min read

Monthly balance analysis

End of day balances are automatically identified and summarised in Excel, showing the minimum, maximum and average for each month, and...

1 min read

How can I tell who or where the account holder has most activity? Use the transaction keyword summar

StatementReader identifies keywords by [number of occurrences or total value], with a detailed breakdown showing the first and last date...

1 min read

Detailed financial summary in Excel

StatementReader performs a comprehensive summary of any number of transactions, in a single click. The user can set a variety of options...

1 min read

How to identify recurring payments and receipts in Excel

The ‘recurring transactions’ area of the analysis options allows the user to identify daily / weekly / fortnightly / monthly / quarterly...

1 min read

How can I categorise and separate transactions using StatementReader?

Transactions are categorised using a user specified keyword list and order of prioritisation; these can be edited and added to by user. ...

1 min read

Duplicate transactions in Excel

StatementReader identifies and separates duplicate (or unique) payments or receipts using a combination of the date, description, amount...

1 min read

Can I identify unlikely transactions, such as those occurring on a weekend?

Yes, the ‘key transactions’ area of the analysis shows the user transactions falling on a weekend (Friday or Saturday, as defined in the...

1 min read

How to identify reversed transactions in Excel

Transactions that are reversed within a user defined number of days, with one or two credits that equal (or are within an acceptable %...

1 min read

Improved Excel summary

The Excel summary output has been enhanced with new tables and is now extremely configurable to your needs. This includes the ability to...

1 min read

Hyperlinks to scanned bank statements in Excel

We are excited to announce that we now provide hyperlinks in the Excel output of the automatically validated data, to make manual...

1 min read

Shrunk PDF bank statements

Our internal engine can now shrink/deshrink pages that have been "spoiled" by incorrect printer/scanner settings. This means that our...

1 min read

New transaction summary tool

We have released a software tool that creates advanced transaction summaries in Excel. This can be used alongside StatementReader, or as...

1 min read

How do I use the most accurate OCR technology?

We are committed to providing the fastest and most accurate bank statement extraction solution to all of our clients. StatementReader can...

1 min read

Can you demonstrate StatementReader to my team?

We are on hand to help you to explain, demonstrate and provide training on the StatementReader application, either remotely or in-person,...

1 min read

Extract password protected bank statements

Any document password protection is automatically recognised by StatementReader once a new file is selected for data extraction. If a...

1 min read

How can I create a new bank template?

The ability for the user to create new bank templates for immediate use are a key differentiator of StatementReader. These can be saved,...

1 min read

Offline bank statement OCR solution

An offline version of StatementReader is available. This is typically required by closed network, banking clients. If this is something...