Automate Data Extraction from Bank Account Statements

Automate data capture from Bank Account Statements with Nanonets’ AI-powered Bank Account Statement OCR & machine learning. Extract data from Bank Account Statements & automate workflows for related use cases.

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Here's why you will love Nanonets

Capture Bank Account Statements from Emails

Collect or forward your emailed bank account statement to your Nanonets Inbox.

Automated Data Entry

Snap a picture and Nanonets will take care of the rest.

90% straight through processing

Accurately capture predefined labels with Artificial Intelligence. Reconcile data across sources.

HOW WE CAN HELP

Use cases for Nanonets’ bank account statement OCR

Financial reporting

Automate Financial reporting workflows/processes and more.

Financial reporting

General accounting

Automate General accounting workflows/processes and more.

General accounting

Bank Account Statements

WHAT WE EXTRACT

Fields that can be identified

Here are some fields Nanonets can extract by default. Say goodbye to manual data entry. Additional fields can also be extracted on request.

Date

Payment method

Account number

Branch identifier code

Sortcode

Balance

And many more...

When your business is your passion, don’t let data entry get in the way.

Find out how with a free trial and a demo

How we compare

Benefits of Nanonets' Bank Account Statement OCR API

Traditional OCR Tools

Data Formatting

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High savings

Nil or low training data

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High training data

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High training data

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Receive documents from multiple channels

Amount of training data needed

Self-learning AI

No Template setup required

IT / API friendly

Multiple export options

Cost and Time Savings

Frequently asked Questions

Learn more about bank account statement automation & how Nanonets can help.