Automate Data Extraction from Bank statements

Transform financial processes with automated Bank statements processing with Nanonets. Slash turnaround time, costs & efforts with pre-trained Bank statements OCR model.
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Here's why you will love Nanonets

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Automated Data Entry

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

90% straight through processing

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HOW WE CAN HELP

Bank statements OCR usecases with Nanonets

Automate Financial Processes

Automate manual financial services processes to boost productivity, reduce cost and enhance omnichannel customer experiences.

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Automate Financial Processes

Intelligent Document Processing

Automate document processes like apporval, storage, data extraction & more with Nanonets OCR workflows. Get access today.

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Intelligent Document Processing

Automate Data Entry

Stop filling financial data into your systems manually. Automate data entry with easy integrations

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Automate Data Entry
Bank 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.

Account holder's name
Account number
Bank name
Statement period
Starting balance
Deposits and credits
Withdrawals and debits
Ending balance
Interest earned
And many more...

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

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How we compare

Benefits of Nanonets' Bank statements OCR API

Traditional OCR Tools
Data Formatting
High savings
Nil or low training data
High training data
High training data
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 statements processing with Nanonets OCR API