Parserdata is an AI-powered financial data extraction tool designed to automate the process of converting invoices, receipts, and bank statements into structured Excel files. With no need for manual templates or complex setup, it helps accountants, auditors, and finance professionals save significant time by eliminating the tedious task of manual data entry. The software supports a wide range of file formats including PDFs, images (JPG, PNG, WEBP), and scanned documents, making it highly versatile for various financial workflows.
The tool leverages advanced AI technology to accurately extract key financial information such as invoice numbers, dates, vendor details, totals, taxes, and payment terms. It also handles multi-page documents and mixed layouts with OCR-ready extraction capabilities. Users can choose between automated AI-driven extraction or manual selection of specific data points, offering flexibility to suit different needs. Once extracted, the data is delivered in clean, ready-to-use Excel files that are audit-friendly and consistent across different document types.
Parserdata operates by allowing users to upload any financial document, such as an invoice or receipt. The system then uses AI to detect and extract relevant fields like invoice number, date, vendor name, total amount, tax, and more. For more control, users can manually select specific data points or tables. After processing, the extracted information is formatted into a structured Excel file, which can be easily imported into spreadsheets, accounting systems, or used for further analysis.
| Benefit | Description |
|---|---|
| Time Savings | Reduces hours spent on manual data entry per week. |
| Accuracy & Consistency | Ensures precise and uniform data output across different suppliers and formats. |
| Audit-Friendly | Provides structured columns and clean data suitable for auditing purposes. |
| Workflow Integration | Easily integrates with bookkeeping, reporting, and accounts payable processes. |
| Scalable Usage | Offers flexible pricing plans to accommodate teams of all sizes. |
| Plan | Credits | Price | Price Per Page | Description |
|---|---|---|---|---|
| Free | 35 | $0 | N/A | Process 35 pages, includes dynamic field detection and Excel export. |
| Pro | 250 | $25 | $0.10 | Process 250 pages, includes all features of the free plan. |
| Business | ~1250 | $119 | $0.0952 | Includes bulk processing and additional discounts. |
| Corporate | ~2500 | $199 | $0.0796 | Ideal for large teams with high volume processing needs. |
All prices are shown before tax, with applicable taxes added at checkout.
