Bank Statement Processing & Analysis

Bank statements require meticulous processing to ensure accurate financial records and reporting. Peslac's document intelligence system brings precision to statement processing for financial institutions and their clients.

AI-Powered Document Processing

Our advanced AI examines bank statements in detail:

• Transaction listings
• Balance summaries
• Account notifications
• Fee schedules

The system adapts to various statement formats and structures, understanding both standard and institution-specific layouts.

Custom Workflow Creation

Financial teams can build tailored statement processing workflows using Peslac's tool builder interface. This allows operations staff to:

• Specify extraction requirements
• Set validation rules
• Create automated reconciliation processes for specific account types and customer needs

Field-Level Extraction Capabilities

Our system excels at capturing complex financial data:

• Detailed transaction information
• Running balances
• Categorical summaries
• Split transactions
• Foreign currency amounts
• Detailed fee calculations

Multi-Institution Processing

Peslac's engine handles statements from various financial institutions with consistent reliability, managing different formats and qualities while maintaining accuracy.

Automated Verification

The system performs:

• Automated balance verification
• Transaction matching against source systems

Significant Time Savings

Organizations using Peslac's solution report:

• 95% faster processing times compared to manual review
• Ability to handle month-end volume without additional staff

Comprehensive Audit Trails

Our platform maintains detailed records of all processing activities, allowing users to:

• Review extraction results
• Make necessary adjustments
• Provide feedback to improve system understanding of statement variations and special cases

Seamless Integration

Processed data flows automatically into existing systems through secure APIs:

• Accounting systems
• Reconciliation tools
• Reporting platforms

This eliminates manual data entry and reduces transcription error risks.

Scalable Performance

Whether processing hundreds or millions of statements monthly, the system maintains consistent performance for both personal and commercial accounts.

Insightful Analytics

Our platform provides valuable insights into statement processing:

• Processing times
• Accuracy rates
• Exception patterns across account types and statement sources

This data helps optimize processing workflows and resource allocation.

Robust Security Measures

Security remains central throughout statement processing:

• Strict data protection measures
• Detailed audit logs
• Compliance with banking regulations and requirements

Peslac's intelligent document processing solution transforms bank statement handling, combining AI-driven extraction with user-defined rules for unparalleled flexibility in managing complex financial documentation.