Rocket Statements

Description

Rocket Statements is an AI-powered tool designed to transform PDF bank statements into structured, transaction-ready data formats like Excel, CSV, and JSON. It eliminates the need for manual data entry and cleanup, streamlining financial document processing for both individual users and accounting firms.

The platform utilizes a multi-stage AI OCR pipeline to accurately extract and normalize transaction data from a wide array of bank statements, regardless of format or date range. This ensures clean, reliable outputs that can be immediately integrated into accounting software or custom workflows.

Key capabilities include automatic detection of bank formats from over 100 global institutions, advanced AI-driven transaction categorization following standard accounting practices, and cloud-based document management for easy organization by client, account, or custom tags. For teams, Rocket Statements offers role-based permissions and shared workspaces to facilitate collaboration and scale processing from individual use to firms with over 100 users.

Security is a top priority, with bank-grade 256-bit encryption for data in transit and at rest, ensuring sensitive financial information is protected. Integrations with popular platforms like Google Sheets, Microsoft Excel, QuickBooks, and Xero further enhance its utility for accounting professionals.

Rocket Statements is built to scale, handling everything from single statement conversions to high-volume batch processing of hundreds of statements per hour. It offers a 7-day free trial with 20 free pages, requiring no credit card, making it accessible for users to experience its speed and accuracy firsthand.

Rocket Statements's Core Features

• AI-powered OCR for bank statement conversion

• Converts PDFs to Excel, CSV, and JSON formats

• Supports over 100 global banks

• Automatic detection of bank statement layouts

• AI-driven transaction categorization

• Bank-grade 256-bit encryption for data security

• Cloud document management with tagging and folders

• Team collaboration features with role-based permissions

• Integrations with Google Sheets and Microsoft Excel

• Direct integration with QuickBooks and Xero

• Scalable processing from individual to enterprise volumes

• 7-day free trial with 20 free pages

How to use Rocket Statements?

1. 1

   Upload Bank Statements: Upload single statements or batch process hundreds of PDFs.

2. 2

   AI-Powered Data Extraction: The AI engine extracts transaction data across hundreds of bank formats.

3. 3

   AI-Powered Categorization: Transactions are automatically assigned categories.

4. 4

   Organization in the Cloud: Organize statements by client, year, and account with smart folders and tagging.

5. 5

   Team Collaboration: Utilize role-based permissions and shared workspaces for team management.

6. 6

   Spreadsheet Integrations: Work with financial data directly in Google Sheets or Microsoft Excel.

7. 7

   Merge, Export & Scale: Export processed data in Excel, CSV, JSON, or ZIP formats.

Rocket Statements's Use Cases

• Data Extraction
• Financial Reporting
• Bookkeeping Automation
• Tax Preparation
• Client Statement Management
• Personal Finance Management
• Accounting Workflow Integration

FAQ from Rocket Statements

• How does Rocket Statements convert bank statements?

  Rocket Statements uses a multi-stage AI OCR pipeline to extract transaction data from PDF bank statements and convert it into Excel, CSV, or JSON formats.

• What file types can I upload to Rocket Statements?

  Rocket Statements supports PDF bank statements. It can also convert images of bank statements (JPG, JPEG, TIFF, PNG) into Excel, CSV, or JSON.

• What formats can I export my converted bank statement data to?

  You can export your processed bank statement data in Excel (XLS), CSV, and JSON formats.

• Can Rocket Statements convert a bank statement PDF to Excel?

  Yes, Rocket Statements can convert PDF bank statements directly into Excel (XLS) format.

• Can Rocket Statements convert a bank statement PDF to CSV?

  Yes, Rocket Statements can convert PDF bank statements directly into CSV format.

• Is there a Google Sheets add-on for converting bank statements?

  Yes, Rocket Statements offers a Google Sheets add-on available on the Google Workspace Marketplace for importing and syncing transactions directly into Google Sheets.

• Is there a Microsoft Excel add-in for Rocket Statements?

  Yes, Rocket Statements provides a Microsoft Excel add-in that allows you to process bank statements and sync transactions directly into Excel.

• How accurate is the output from Rocket Statements?

  Rocket Statements boasts 99.9% accuracy in its AI-powered data extraction across all bank formats.

• How fast are the bank statement conversions?

  Conversions are designed to be fast, with processed data ready in minutes. The platform can process over 1,000 statements per hour.

• Is my data secure with Rocket Statements?

  Yes, Rocket Statements uses bank-grade 256-bit encryption for data in transit and at rest, ensuring enterprise-level security for sensitive financial data.

• Does Rocket Statements support international banks and different date formats?

  Yes, Rocket Statements auto-detects bank formats from hundreds of banks worldwide and normalizes transactions across different formats and date ranges.

• Can I process bank statements in bulk with Rocket Statements?

  Yes, Rocket Statements is built for bulk processing, allowing you to upload and process hundreds of statements at once, ideal for accounting firms.