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Extract transactions from bank,credit card, and brokerage statements to bring financial records up to date. pdf2csv Convert+ combines a lifetime pdf2csv license with a one year PDF+ license so that you can easily convert image-based .pdfs and low-quality searchable .pdfs as well as text-based .pdfs into the .csv format necessary for import into Spreadsheets. The one year PDF+ license enlists the power of MoneyThumb’s PinPoint OCR (optical character recognition) technology that seamlessly integrates with our standard, text-based pdf2csv Convert product. PDF+ is automatically invoked whenever pdf2csv Convert encounters a scanned document or image-based .pdf. It can also be used to transform searchable .pdf documents created by other OCR software into the .csv format for import into Spreadsheets. PinPoint OCR is specifically designed to work with bank statements and will attempt to correct the text recognition based on its context in the statement. And it that still doesn’t work, the converter shows you exactly what text needs to be manually corrected.
Purchase the power of the only .pdf file converter with OCR technology specialized for recognizing bank statements.
MoneyThumb’s PDF+ with PinPoint OCR is a must-have even if you already have other OCR software. The reason is that PinPoint OCR is specifically optimized for reading bank and credit card statements, and utilizes the expected content of the document to correct errors. No OCR process is perfect, and even the best OCR processing will occasionally get fooled by dirt or dust and transpose lookalike characters such as 1-l, 5-S, or a-g. And if the original document or scan is of poor quality, the numbers of errors goes up dramatically.
MoneyThumb’s core OCR processor is from a company that specializes in OCR and ranks with the best in terms of quality. In addition we improve results by doing a second pass with PinPoint technology. PinPoint leverages the fact that bank and credit card statements are composed of columns with dates and currency values. Therefore the converter can identify text which is in column of dates or amounts, but does not fit that format. Something simple such as an S instead of a 5 would otherwise make such a transaction unrecognizable. Or a date with a month such as Aua rather than Aug.
PinPoint OCR does a second recognition pass on just the text that didn’t appear to be correct, and constrains the OCR engine to only return text strings that match the expected format. By doing this, PinPoint enables the converter to correctly process many transactions that otherwise would require manual correction. The result is 100% accuracy on many documents that had frequent errors before PinPoint processing. And even if a text snippet is completely illegible, the line containing that text will be automatically flagged as a possible transaction. This highlighting capability significantly speeds workflow when processing less than perfect PDF scans, and saves you the time of otherwise hunting through a long statement for a missing transaction.
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