Software Alternatives & Startups

StatementEasy VS BankStatementMagic

Compare StatementEasy VS BankStatementMagic and see what are their differences

StatementEasy

Free bank statement converter: turn PDF statements into Excel, CSV, QuickBooks or Xero, with every row checked against the balance.

Rating
0 reviews
Pricing
Free
BankStatementMagic

Convert bank statement PDFs from 1000+ banks to Excel/CSV format. Free, fast, secure, and accurate with 99.8% precision. Supports HDFC, ICICI, SBI, Axis, Kotak, and all major banks.

Rating
0 reviews
Pricing
Freemium Free trial $10 / Monthly (600 page / month)

Which is more popular?

OCR / Document Data Extraction popularity
100% vs 0%
alternatives listed
12 vs 54

Base details

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

StatementEasy
BankStatementMagic
Website statementeasy.com bankstatementmagic.com
Pricing
Freemium Free trial $10 / Monthly (600 page / month) Official pricing
Company — 2026
Listed in

About StatementEasy and BankStatementMagic

In their own words, as submitted to SaaSHub.

StatementEasy
BankStatementMagic

StatementEasy turns bank statement PDFs into clean spreadsheets and accounting files. It finds the transaction table automatically, splits money in and money out, keeps real dates and numbers, and checks every row against the bank's running balance — anything that does not add up is...

Read more about StatementEasy

Convert bank statement PDFs from 1000+ banks to Excel/CSV format. Free, fast, secure, and accurate with 99.8% precision. Supports HDFC, ICICI, SBI, Axis, Kotak, and all major banks.

Read more about BankStatementMagic

Features and specs

What each product offers, as listed by its team.

StatementEasy 3 features
BankStatementMagic 2 features
  • Balance check
    Every row checked against the running balance
  • Export formats
    Excel, CSV, QBO, OFX, QIF, QFX, IIF, Xero, MT940, CAMT.053
  • OCR
    Scanned statements and phone photos
  • bank statement converter
    bank statement converter pdf to excel
  • bank statement converter
    bank statement converter import into tally prime

Analysis

An editorial look at what each product does well and who it suits.

StatementEasy
BankStatementMagic

No analysis of StatementEasy yet.

Overall verdict

  • BankStatementMagic appears to be a useful tool for converting PDF bank statements into structured, editable formats like Excel, CSV, or QBO, saving time compared to manual data entry. It is generally considered a good option for individuals and businesses needing to automate financial data extraction, though as with any OCR-based tool, accuracy may vary depending on the statement format.

Why this product is good

  • Automates conversion of PDF bank statements into usable formats (Excel, CSV, QBO)
  • Saves significant time compared to manual data entry
  • Supports multiple bank statement formats and layouts
  • Reduces human error in transcribing financial data
  • Useful for bookkeeping, accounting, and financial analysis tasks

Recommended for

  • Accountants and bookkeepers handling multiple client statements
  • Small business owners managing their own finances
  • Financial analysts needing quick data extraction
  • Individuals reconciling personal bank statements
  • Companies looking to integrate bank data into accounting software

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
StatementEasy
BankStatementMagic
12% 12%
88% 88%
14% 14%
86% 86%
18% 18%
82% 82%

Questions & Answers

As answered by people managing StatementEasy and BankStatementMagic.

What makes your product unique?

BankStatementMagic's answer:

i will give tally prime

Why should a person choose your product over its competitors?

BankStatementMagic's answer:

100% accuracy and tally prime feature in super lowest price

User comments

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Alternatives to StatementEasy and BankStatementMagic

When comparing StatementEasy and BankStatementMagic, you can also consider the following products.