A typical monthly bank statement has 50–200 transactions. Each needs date, description, debit/credit amount, and running balance — entered correctly, in the right row, with no transpositions.
Personal bank statement (45 transactions): Manual — 22 minutes. AI — 18 seconds. That's 73x faster.
Business current account (127 transactions): Manual — 58 minutes. AI — 31 seconds. That's 112x faster.
Manual entry error rate: 3.4–4.4%. AI error rate: 0–0.8%. Manual errors include transpositions, wrong row placement, and missed transactions.
The AI reads statement layouts semantically — no templates needed. Works with statements from any bank worldwide.