How accurate is an AI bank statement converter?
Vision AI reads statements very accurately, and StatementFlow adds a deterministic safety net: it reconciles every row's amount against the running balance and flags any transaction that doesn't add up.
The risk with any converter — template-based or AI — is a single misread digit (an 8 read as a 3). StatementFlow catches these mathematically: after extraction it walks the running balance and checks that each transaction's amount moves it by exactly the right amount.
When a row doesn't reconcile, it's flagged in the table and the conversion carries a badge, so you know precisely which figures to double-check instead of trusting a black box. Clean, in-focus pages typically reconcile end to end.
You can also edit any cell inline before exporting, so the final Excel, CSV, or accounting file is exactly right. See why a balance might not match. It matters because manual reconciliation is error-prone — see the bank reconciliation statistics on manual vs automated accuracy.
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