Answers to common questions about InvoiceParsed: accuracy, supported formats for invoices, receipts and bank statements, pricing, the free plan, API access and more.
InvoiceParsed is an AI-powered tool that extracts data from invoices, receipts and bank statements. Upload a PDF or image and it returns structured data — vendor, line items, tax and totals — as Excel, CSV or JSON in seconds.
InvoiceParsed returns a confidence score (0–100%) for every field, so you can review low-confidence values. Accuracy is highest on clear digital PDFs and remains strong on photos and scans.
PDF, JPG and PNG files up to 10MB each. Multi-page PDFs and multi-file documents are supported on paid plans.
Yes — the free plan includes 5 documents per month with no credit card required.
Every extraction exports as an Excel (.xlsx) workbook, a QuickBooks-compatible CSV (bill/invoice columns like Bill No, Bill Date, Terms, line items, tax and total that map cleanly in QuickBooks' CSV import), or structured JSON — and you can also pull data via the REST API.
Yes. InvoiceParsed reads bank statements using AI rather than per-bank templates, so it handles different layouts from any bank. Bank statement extraction is available on the Business plan, which includes 200 statements per month.
Your documents are processed solely to extract the data you request. They are never used to train AI models and are never sold or shared with third parties.
Yes. A REST API and webhooks are included on the Pro and Business plans — POST a PDF or image to /api/extract and get structured JSON back, ideal for automating invoice processing in your own apps.
Yes. InvoiceParsed detects and preserves the currency on each document, so invoices and receipts in USD, EUR, GBP and other currencies are extracted accurately with the correct currency code.