Need Subcontractor to Input Bank Statements to Excel

Need Subcontractor to Input Bank Statements to...

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Can anyone recommend a subcontractor (UK or abroad)  that will input bank statements to Excel, and give me an idea of how much they might charge per transaction?  The statement are too old to be downloaded from the Bank's web site.

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By ShirleyM
02nd Oct 2011 20:46

Just a thought ...

Have you tried scanning using OCR? 

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By chatman
02nd Oct 2011 20:51

OCR

Yes, but bank statements can be difficult as each transaction can spread over several lines and the OCR seems to have difficulty identifying the columns. There is a bank rec programme that  claims to have overcome these problems, but it costs £199/year and I don't have enough demand for it.

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By petersaxton
02nd Oct 2011 21:06

But

I can't see anybody doing it for less than £199.

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By ShirleyM
02nd Oct 2011 21:18

Professional scanners?

Maybe a professional scanning service will work out cheaper?

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By Tkwhitehouse
02nd Oct 2011 21:20

Freelancer.com
Have you seen www.freelancer.com? I've never used it but it looks suitable for a task like that.

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By chatman
02nd Oct 2011 21:25

Thanks for all your responses

Scanning is not actually the problem; it's the OCR. For any reasonable amount of inputting I think Peter is correct, but I really have very little to do. The freelancer.com idea sounds good; I might try that or peopleperhour.com

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By terrytowlin
02nd Oct 2011 21:39

What exactly do you want doing?

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Replying to User deleted:
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By chatman
02nd Oct 2011 22:21

@terrytowlin

terrytowlin wrote:
What exactly do you want doing?

The transactions to be transferred from the bank statements to Excel accurately.

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By mm01
02nd Oct 2011 22:46

Autorec

Have you looked at autorec? Does exactly what you want.

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Replying to User deleted:
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By chatman
02nd Oct 2011 22:53

@mm01

mm01 wrote:
Have you looked at autorec? Does exactly what you want.

Yes thanks. I mentioned it earlier.

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By oor001
02nd Oct 2011 22:54

I have autorec, works a treat.

I don't mind giving you a price to send them through autorec if you want to pm me.

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By chatman
03rd Oct 2011 01:47

.

oor001 wrote:
I have autorec, works a treat. I don't mind giving you a price to send them through autorec if you want to pm me.

Thanks. I will pm you when I get the  statements.

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By hopsie2
03rd Oct 2011 09:39

How Many pages of statements?

I might have a human solution that works out cheaper and accurate than softwares.

How many pages or transaction lines do you want done and I will give you a quote.

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By Tonykelly
03rd Oct 2011 10:00

have a look at Able2Extract

from Investintech.com.

This does a good job of converting the pdfs to excel.

You will still need to analyse the figures into the various columns/expense headings etc., but it is quicker than starting from scratch.

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By tedspikey
03rd Oct 2011 11:37

We use Autorec, woodswhelan a company in Dublin supply it.

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By chatman
03rd Oct 2011 14:04

Thanks for all your comments. I will pm those who have offered to quote.

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Accountants & Business Advisers
By Gladstone
03rd Oct 2011 16:03

Let me know if you're still looking for data entry work

I have few trainees that I can get them to do that for a small fee.  Let me know the no.of trans and no.of statements/avg no.of trans per month etc.

Gladstone

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By BrendanWoods
28th Nov 2011 22:16

AutoRec

Brendan Woods here from WoodsWhelan who developed AutoRec. Glad to see some good feedback here on our product but to address your particular question - we do also offer OCR'ing and cleansing of the data so to ensure its accurracy as an outsourced service if you can't justify purchasing an AutoRec license. Drop me an email ([email protected]) and send me some info on the number of statement pages etc. and I should be able to get them back to you within a day or two. I'll need to see the statements to give you a final quote as it'll depend on how good/bad the scanned pdf is but I should be able to give you a guide based on the number of pages.

Regards,

Brendan.

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By mianammar
19th Dec 2011 22:09

You can use www.Orbit-associates.com

 

For any such problem or anything messy i recommend www.orbit-associates.com they are outsourcing company with their back office in Lahore.

We are firm of chartered accountants and we are using them for all our jobs with incomplete records, analysis or reconciliations for last 4-5 years and very much comfortable going with them.  Theythey

 

Regards

Ammar

 

 

 

 

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By BrendanWoods
07th Jun 2012 14:59

Scanning bank & CC statements with AutoRec

Hi, 

Brendan Woods of WoodsWhelan here. I just wanted to let anyone who may be interested that WoodsWhelan has branded and we have a new website at www.OCRex.com. We also have a much improved version of AutoRec available for trial also.

Regards,

Brendan 

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By Ian M Watson
23rd Jul 2015 11:44

Bank statements to Excel

If you want accurate, cost effective conversion of bank statements to excel then have a look at http://www.xaltiatech.com

It is currently used by professional firms (lawyers, accountants, insolvency practitioners etc) to provide highly accurate conversion of paper bank statements to excel.  The built-in error checking within the conversion process ensures that the debits, credits and balances are error free.

The pricing is fully detailed on the site.

For your information (and transparency), I am MD of the parent company, Altia Solutions, and our software is also relied upon by investigators across the world and powers this service.

Regards

Ian

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