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BalancedStatement VS ProperSoft

Compare BalancedStatement VS ProperSoft and see what are their differences

BalancedStatement

Convert PDF or photographed bank statements to Excel, CSV, QuickBooks or Xero. Every balance checked. Pay per statement, nothing to cancel.

Rating
0 reviews
Pricing
Paid Free trial €12 / Usage
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Alternatives Is it good?
ProperSoft

Convert transaction files to a format your accounting software imports. Need to import transactions, but the format is not supported by your accounting software? Try ProperSoft converters and make your transaction files importable.

Rating
0 reviews
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Alternatives Is it good?
AgentClara
AgentClara is a UK AI receptionist that answers calls, books clients, and handles follow-ups 24/7 for service businesses and agencies. Free AI agents for website chat, SMS, social media and email included. Set up online with a free number in minutes sponsored

Which is more popular?

Data Extraction popularity
100% vs 0%
alternatives listed
14 vs 124

Base details

Website, pricing, platforms and company facts side by side.

BalancedStatement
ProperSoft
Website balancedstatement.com propersoft.net
Pricing
Paid Free trial €12 / Usage Official pricing
Official pricing
Platforms
Web
Windows Mac OSX
Company Startup from Cyprus · 1 - 9 employees · 2026 —
Listed in
Accounting Finance Bookkeeping PDF Converter Data Extraction Productivity Bank Statement Converter Bank Statement OCR +5
Accounting Bookkeeping Bookkeeping And Accounting Accounting & Finance Finance +2

About BalancedStatement and ProperSoft

In their own words, as submitted to SaaSHub.

BalancedStatement
ProperSoft

BalancedStatement turns bank statements into clean, import-ready files. Upload PDFs, scans or phone photos and download Excel, CSV, QuickBooks (QBO) or Xero CSV. Every conversion is checked against the opening balance, the closing balance and every running balance. If a complete statement...

Read more about BalancedStatement

Import transactions from your bank into QuickBooks (PC/Mac/Online), Quicken, Xero, Excel/CSV, Sage (50/One), Wave Accounting, ZarMoney, MS Money, REACT, MYOB and others. Supported ( to and from ) CSV/Excel/TXT, PDF (text or scanned), QIF/QMTF, QFX, QBO, IIF, OFX, MT940/STA. Reconcile, track...

Read more about ProperSoft

Features and specs

What each product offers, as listed by its team.

BalancedStatement 8 features
ProperSoft 4 features
  • Balance check
    Every conversion is checked against the opening, closing and every running balance
  • Export formats
    Excel (with a balance-check sheet), CSV, QuickBooks QBO (Web Connect), Xero CSV
  • Input
    PDF, scanned PDF, phone photos (JPG, PNG, HEIC)
  • Pricing
    Pay per statement, no subscription. €0.65–1.20 per credit, and credits never expire
  • Credit size
    1 credit = 1 statement of up to 10 pages; longer statements use 1 credit per 10 pages
  • Free tier
    First statement free (up to 5 pages); email login, no card
  • Failed conversions
    Free if a complete statement doesn’t reconcile (up to 5 in 30 days)
  • Privacy
    Files aren’t stored. Banks in the template library are read without AI
  • Wide Range of Format Support
    ProperSoft supports numerous financial formats such as QIF, QFX, OFX, OFC, PDF, CSV, and more, allowing users to easily convert and manage their financial data between different software applications.
  • User-Friendly Interface
    The software is designed with a straightforward and intuitive interface, making it accessible to both beginners and advanced users for ease of navigation and operation.
  • Comprehensive Help Resources
    ProperSoft provides extensive help resources, including detailed guides and customer support, to assist users in effectively using the software and resolving any potential issues.
  • Multi-Platform Availability
    The tools from ProperSoft are available on Windows, Mac, and even as online services, offering flexibility and convenience for users across different platforms.

Possible disadvantages

  • Cost
    While ProperSoft offers a range of useful features, the software is not free and can be considered expensive compared to other financial software, which might deter some users.
  • Limited Free Trial
    The free trial version of ProperSoft tools has limited functionality, which may not fully allow potential customers to evaluate the software's capabilities before purchasing.
  • Occasional Bugs
    Users have reported encountering bugs or glitches occasionally, which can disrupt workflow, although these issues are typically addressed by the company's support team.

Videos

Walkthroughs and reviews on video.

BalancedStatement 0 videos + Add
ProperSoft 12 videos + Add

No BalancedStatement videos yet. You could help us improve this page by suggesting one.

How to use Bank2QBO

More videos

  • - How to use ProperSoft PDF2QBO and convert a PDF file to QBO (Web connect) format
  • - Convert transaction files to a format your accounting software imports
  • - CSV2QBO (Windows): Convert CSV/Excel to QBO format and import into QB
  • - How to use ProperSoft PDF2QBO converter and convert PDF files to QBO (Web Connect) format
  • - Import General Journal Entries From CSV Excel into Quickbooks Desktop
  • - CSV2QBO (macOS): Convert CSV/Excel to QBO format and import into QB
  • - Bank2QBO (Mac): Convert CSV/Excel/PDF/OFX/QFX/QBO/QIF/MT940/STA to QBO/IIF/CSV

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
BalancedStatement
ProperSoft
100% 100%
Data Extraction
0% 0%
0% 0%
Accounting
100% 100%
100% 100%
PDF Converter
0% 0%
0% 0%
PDF Tools
100% 100%

Questions & Answers

As answered by people managing BalancedStatement and ProperSoft.

What makes your product unique?

BalancedStatement's answer

It checks every conversion against the opening balance, the closing balance and every running balance on the statement, and shows you the result in a balance-check sheet inside the Excel file. You pay per statement instead of a monthly subscription, and credits never expire. It also reads phone photos, not just PDFs. Statements from banks in its template library are read by its own parser, with no AI involved.

Why should a person choose your product over its competitors?

BalancedStatement's answer

Most converters charge a monthly subscription, which doesn’t make sense if you convert statements a few times a year. BalancedStatement costs €0.65–1.20 per statement of up to 10 pages, with no subscription and nothing to cancel. Your first statement is free, and if a complete statement doesn’t reconcile, you don’t pay. You get Excel, CSV, QuickBooks (QBO) and Xero files, so you can import straight into your accounting software.

How would you describe the primary audience of your product?

BalancedStatement's answer

Bookkeepers, accountants and small business owners who need to get bank transactions from PDF statements into Excel, QuickBooks or Xero. That includes catching up on old periods, onboarding a new client, or working with a bank that only gives out PDFs. It also suits individuals who need a spreadsheet of their transactions for taxes or a loan application.

What's the story behind your product?

BalancedStatement's answer

I’m a software engineer, and I kept running into the same problem: the converters I tried either wanted a monthly subscription for something I needed occasionally, or gave me a spreadsheet I couldn’t trust without checking every row by hand. So I built a converter that does the checking itself, comparing every row against the balances the bank printed, and charges per statement. It started with banks in Cyprus and Europe (Bank of Cyprus, Eurobank, Revolut, Wise) and learns new bank layouts as people use it.

Which are the primary technologies used for building your product?

BalancedStatement's answer

Python, FastAPI, PostgreSQL (Supabase), pdfplumber for template-based parsing, Claude (Anthropic) for statements from banks that aren’t in the library yet, Stripe for payments, and Fly.io for hosting.

User comments

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