Extract Data from Bank Statements
Digitize bank statements with 99%+ accuracy in real-time
Easily convert data from bank statements into Excel files ready for analysis.
Save valuable time and needless errors with AI-based data validation
Convert your bank statements in seconds
Oscar extracts, quality checks and returns your bank statement data as Excel files swiftly and accurately, saving hours against a manual or outsourced process.
Upload
Simply drag and drop your bank statement documents and leave Oscar to do the rest. No need to install, just log-in and use.
Convert
Oscar transforms your documents into quality checked, accurate data in seconds
Export
Export your converted data into Excel as an individual file or merge multiple statements into a single Excel sheet.
Data you can trust, with minimal effort
Oscar utilises ground breaking AI and Optical Character Recognition technology whilst harnessing the power of automation to deliver rapid, accurate digital data – without the effort. Oscar’s rigourous data quality checks offer reassurance that the highest standard of verification has been applied, guaranteeing accuracy.
Oscar OCR is easy to use, simple to understand and perfect for our needs. We use this software everyday and Oscar has allowed us to save a lot of time to focus on the analysis and areas that actual matter for our work.
Oliver H, Software Developer / Business Intelligence Analyst
Enhance efficiency with batch conversion
Upload multiple documents simultaneously and let Oscar remove the pain of manual data transfer page-by-page. Oscar finds the financial data you need within each document and converts to digital with speed and accuracy.
Ensure 99%+ data accuracy with AI-powered review screen
Oscar results page allows you to sanity check and interact with the converted data, prior to export. Oscar’s handy Mask page details precisely what financial data was found and extracted from each page for greater visual reassurance.
Turn your bank statements into a pool of actionable insights
From categorising expenses to highlighting transactions requiring investigation, Oscar’s Intelligent Document Processing capability helps get you there quicker.
Why Choose Oscar?
90%+
Oscar can save you over 90% of your time when compared with manual data entry, which you can redirect where it matters most
<30secs
Oscar can extract and convert multiple statements simultaneously in a matter of seconds
99%+
Oscar will extract and accurately return all of your data, ready for investigation and analysis.
Ready to start converting your bank statements?
No credit card required. Easy setup. No templates.
Sedulo are one of the UK’s fastest growing mid-tier business advisory firms
The Challenge
Sedulo’s Forensic Accounting team were using out-dated 3rd party software that performed poorly and restricted the team to 2 users. This created unnecessary bottlenecks and delays in the processing of financial documentation. Due to the restrictive per-seat licencing model of their previous software, the forensic accounting team were also responsible for the data capture across the rest of business, further adding to lost time.
The software was reported as being inaccurate and prone to errors and the team desperately needed a solution which offered higher levels of automation, in order to help them work more efficiently and accurately to better meet the demands of their rapidly growing business.
The Solution
Oscar has allowed Sedulo to expand its user base from 2 users to 25, with all 190+ staff having access, should it be required. This has enabled the Forensic Accounting team to fully focus effort and resource on forensic-specific output, and allows colleagues across other all other business areas to quickly and accurately convert their own financial data. Sedulo are fully feeling the benefits of switching from on-premise software to a SaaS solution, with users able to process documentation wherever they are working.
Sedulo was an early adopter of Oscar and the team have been an integral part of the ongoing feedback loop that helps us continue to develop and enhance Oscar’s capabilities to meet the increasing demands of the user base.
Frequently Asked Questions
Is there a limit to the number of pages I can import?
Business package customer are limited to 500 pages per month. Enterprise customers are able to tailor the number of pages to best meet their business need.
Am I tied into a contract?
Business customers can opt for either an annual or rolling monthly subscription. Terms for our Enterprise customers can be discussed, dependent on the projected need.
How easy is it to install Oscar?
Oscar is a SaaS solution and can be access via your web browser, eliminating the need for installation.
I want to import results back into our system, is that possible?
Yes – contact us to find out how.
Got a specific requirement?
We’ll cater to it!
We are big fans of practitioner lead development and we are constantly working with our customers to improve functionality and add enhancements.
Drop us a line if there is something you want to see within the solution. We often work with our customers to create bespoke bolt ons to the solution and this can be done on a case by case basis, again, contact us if you have a specific requirement and we’ll see what we can do.
