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High Quality Bank Statements Analysis

ExactSum analyses complex bank statements using AI computer vision to flag transactions with unparalleled accuracy saving you hours of manual work

ExactSum bank statement analysis platform on mobile

Trusted by lenders, brokers and accountants to read the statements that matter

80,000+

statement pages processed

99.4%

extraction accuracy

1+ hr

saved per analyst, every day

13

specialised analysis modules

Trusted Processing

Works with every major bank

Bank statements from these institutions processed daily with industry-leading accuracy and security.

  • HSBC
  • Barclays
  • Lloyds
  • NatWest
  • Santander
  • Virgin Money
  • Bank of Scotland
  • Starling
  • Monzo
  • Tide
  • Wise Business
  • Revolut Business
  • ANNA
  • Zempler
  • Airwallex
  • Payoneer
  • Metro
  • Handelsbanken
  • Nationwide
  • Stripe
  • Halifax
  • TSB
  • Royal Bank of Scotland
  • Ulster Bank
  • Danske Bank
  • The Co-operative Bank
  • Clydesdale Bank
  • Yorkshire Bank
  • First Direct
  • M&S Bank
  • Coutts
  • Chase UK
  • Kroo
  • Zopa
  • Atom Bank
  • Allica Bank
  • Aldermore
  • Shawbrook
  • OakNorth
  • Paragon Bank
  • Cynergy Bank
  • Unity Trust Bank
  • Triodos
  • Mettle
  • Cashplus
  • Tesco Bank
  • Sainsbury's Bank
  • Secure Trust Bank
  • Bank of Ireland UK
  • + many more

And every other bank: statements from any institution, in any format — digital, scanned or photographed — are processed the same way.

Workflow

Secure, Fast, Streamlined

Request
Upload
Review
Approve

Request

Collect bank statements from your clients.

Upload

Securely upload bank statements and let ExactSum analyse them.

Review

Review the analysis covering: tax transactions, loan payments, director loans.

Approve

Once the analysis is reviewed, proceed with your decision.

Use cases

Comprehensive solutions for every financial workflow

Lending

ExactSum provides lenders with comprehensive financial insights to make informed credit decisions. The Balance Analysis and Loan Analysis modules help assess borrower creditworthiness by examining cash flow patterns, existing debt obligations, and repayment capacity.

Overdraft Analysis reveals cash flow stress indicators, whilst Recurring Transactions identify stable income sources and existing financial commitments. Unpaid Transactions highlight payment reliability issues that could indicate credit risk.

Our advanced AI-powered analysis ensures you have all the critical information needed to make confident lending decisions whilst reducing manual review time.

Each module works together to provide a complete financial picture that reduces manual analysis time whilst improving accuracy and compliance across all these use cases.

On the statement

What your analyst sees on every page

ExactSum pins its findings to the exact lines they came from, so every number in the analysis traces straight back to the statement.

Business Current Account Statement — June
Date Description Out In
03 Jun Card payment — Fuel Station 82.40
04 Jun VAT payment — Tax Authority 1 4,120.00
05 Jun Returned DD — Insurance Ltd 2 214.80
06 Jun Faster Payment in — Client invoice 6,250.00
09 Jun Loan repayment — Funding Co 3 1,890.00
10 Jun Transfer to J Smith (Director) 4 2,500.00
11 Jun Card payment — Software 49.00
1

Tax payment

VAT paid to the tax authority — evidence of live trading and tax compliance.

2

Returned Direct Debit

Unpaid item flagged — insufficient funds on the day it was called.

3

Loan repayment

Existing lender commitment detected and sized automatically.

4

Director transfer

Movement between company and director accounts flagged for review.

Fraud Detection Beta

Every statement is checked for tampering

Falsified statements are no longer easy to spot by eye. A document forensics engine now inspects every file ExactSum processes, from three independent angles.

File forensics

Who actually produced the PDF — banks' publishing systems leave very different fingerprints from Photoshop, Word or online editors — plus hidden edit traces.

Mathematical reconciliation

Every transaction is checked to the penny against the printed running balance and the statement's own summary. Fabricated numbers rarely add up.

Visual inspection

Fonts, alignment and rendering inside the figures — the tells left behind when an amount has been pasted over.

Verdicts, not scores

Each document gets a plain-English verdict — Normal, Warning or High Risk — with the specific findings spelled out.

Fraud analysis panel showing a genuine Lloyds statement rated Normal
A genuine Lloyds statement coming back clean
Fraud analysis panel showing a fabricated statement rated Warning with findings
A statement we fabricated ourselves to test the engine, being caught

In beta and already running on every document processed, while we tune false alarms towards zero against thousands of genuine statements.

Decision Engine

Auto-Approve, Refer or Decline — before a human opens the file

Encode your underwriting rules once and ExactSum applies them to every completed analysis, so only the grey area lands on a desk.

Auto-Approve

Every rule passed.

The case moves straight on, with the supporting evidence attached.

Refer

One or more rules need human judgement.

Routed to an underwriter with the triggering rules highlighted.

Decline

A hard rule failed.

Declined consistently, with the reason recorded for audit.

Read how the Decision Engine works
Features

Save 1+ Hour Daily - All-in-One Bank Statement Intelligence

ExactSum's comprehensive feature set handles all your bank statement processing needs out of the box. No training required.

13 Specialised Analysis Modules

Balance Analysis

Examine daily balance trends, averages, and net cash flow

Overdraft Analysis

Track overdraft usage, severity, and negative balance periods

HMRC Transactions

Track tax payments, VAT, PAYE, and Corporation Tax submissions

Director Transfers

Monitor money transfers between company and director accounts

Revenue Streams

Analyse incoming payments, identify top revenue sources, and track monthly trends

Cash Deposits

Identify cash credits paid into the account with monthly breakdowns

Salary & Wages

Track payroll costs, salary payments, and monthly wage bill

Rent Expenses

Identify rent and rental payments to track property costs

Direct Debit Analysis

Identify and group direct debit payments by payee with monthly totals

Loan Analysis

Track loan repayments and drawdowns, grouped by lender

Lender Flag

Flag counterparties with bidirectional money flow as potential loans or invoice finance

Recurring Transactions

Detect regular payment patterns with frequency classification

Unpaid / Returned

Identify bounced, rejected, and returned transactions

For the Consumer & Debt-Advice Side

Working with individuals rather than businesses? The same engine reads personal statements for the signals that matter in debt advice and consumer lending.

Gambling Activity

Detect betting sites, casinos and lottery spend, with amounts and frequency

SFS Reporting

Draft a Standard Financial Statement income & expenditure straight from the statement data

Affordability Write-Up

A factual affordability paragraph drafted from income, commitments and spending patterns

"By leveraging ExactSum, we are able to achieve significantly higher accuracy whilst saving up to 20 hours monthly per person on bank statement review that eliminates manual processing errors and accelerates decision-making"
Greg Rotz

Greg Smith

Operations Leader

How it works

Built to read
like a human at
100x speed

ExactSum's Mgentic system utilises both OCR and vision language models (VLM) for unmatched accuracy and reliability.

Traditional computer vision

ExactSum first uses layout-aware models to break down the document visually, capturing regions, tables, figures, and text.

VLMs make corrections

Like a human, our Mgentic model can detect minor mistakes and correct them, ensuring accuracy even in the most detailed cases.

VLMs review ExactSum's outputs

VLM then interpret each transaction and statement period in context, linking transactions to balances, understanding descriptions, and classifying transactions.

ExactSum links all transactions to source document

Like a human would, ExactSum Citations Logic is able to show source of every transaction back at the original bank statement PDF whether being a digital or low-quality scanned version of the bank statement.

Upload bank statements to ExactSum
AI extracts and categorizes transactions
Review flagged transactions
Analyze balance trends and patterns
Generate comprehensive analysis reports
Export analysis results
Integrations

Build ExactSum into your stack

The same analysis the app produces is available programmatically — and some of our tools are simply free.

ExactSum REST API request in Postman

REST API

Send a PDF, get structured JSON, CSV or Excel back. Every analysis module, available on paid plans with no integration project.

Explore the API

Company Structure Checker

A free tool that maps UK company ownership and director links from Companies House data — no account needed.

Try it free
Security

Industry leading security

Cyber Essentials Certified

ExactSum security practices and controls have been independently audited by experts.

Encryption

Data is encrypted in transit and at rest using the most secure algorithms available.

Zero Data Retention

Your data is never used to train AI models and is deleted permanently once you remove it.

Read more

Ready to parse bank statements?

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