Financial statementsto CSV/Excel inseconds.
“All 3 statement types in one upload. Game-changer.”
— Manroop GillUpload any Balance Sheet, Income Statement, or Cash Flow Statement. Our AI detects all three, preserves account hierarchies, handles multi-period comparatives, and exports accounting-ready files.
Questions about financial statement conversion? Book a free 30-minute call with the founder.
Trusted by CPAs and accountants at leading firms
THE CHALLENGE
Manual financial statement extraction is painfully slow
Converting paper financial statements into usable data wastes hours of billable time every month.
Death by a thousand line items
Full statement sets contain 200+ line items across Balance Sheet, Income Statement, and Cash Flow. Manual entry takes 4-6 hours per set.
Account hierarchy nightmares
Nested account structures (Assets → Current Assets → Cash & Equivalents) get flattened during manual transcription, destroying the logical organization.
Multi-period mayhem
Comparative statements with 3+ periods mean extracting the same accounts multiple times—tripling the data entry burden.
4-6 hours per full statement set
That's a full workday just on data entry for ONE client
Transcription errors in nested accounts
Miss one indent level and the entire structure is wrong
Re-typing same accounts across periods
3 periods means entering "Cash & Equivalents" three times
Hierarchy lost in Excel imports
Flat spreadsheets can't capture parent-child relationships
The cost of manual processing
4-6 hours
Per statement set
200+ items
Typical line count
3x work
For comparative periods
$200-400
Labor cost per set
And that's just the direct cost. The real cost? Missing opportunities for analysis because you're stuck on data entry.
AI extraction: 30-60 seconds per full statement set
All three statement types detected, hierarchies preserved, multi-period data extracted automatically.
THE SOLUTION
AI that understands financial statement structure
Zera Books converts full financial statement sets in 30-60 seconds while preserving hierarchies and handling multi-period data automatically.
Detects all three statement types
Automatically identifies Balance Sheet, Income Statement, and Cash Flow Statement—processes them all in one upload.
Preserves account hierarchies
Maintains parent-child relationships (Assets → Current Assets → Cash) exactly as they appear in the original.
Handles multi-period comparatives
Extracts all periods simultaneously—no need to re-enter the same accounts multiple times.
Works with any PDF layout
Scanned images, digital PDFs, mixed formats—no template training or configuration required.
Exports to CSV & Excel
Accounting-ready files with proper formatting, ready for QuickBooks, Xero, or direct analysis.
Time savings
Manual entry
4-6 hours
Per statement set
200+ line items
Zera Books AI
30-60 sec
Same quality
99.6% accuracy
98% faster
Reclaim 4-5 hours per statement set for actual analysis
CUSTOMER SUCCESS
How Zoom Books cut month-end from 3 days to 4 hours
A multi-province cannabis business processing hundreds of financial statements monthly.
“As a business that operates at scale—millions of books, multiple locations, complex revenue streams—we need our financial operations to be just as efficient as our logistics. Zera Books solved a major bottleneck. Our accountant used to dread month-end because of all the manual statement processing. Now she actually gets excited about how fast we can close the books. The time savings are real, and the accuracy is even better than when we were doing it by hand. Honestly, I don't know how we'd manage without it at this point.”
Manroop Gill
Co-Founder
Zoom Books
85%
Time Saved
3 Days
Reduced to 4 Hours
2
Provinces Managed
100+
Statements/Month
The Challenge
Zoom Books processes over 3 million books monthly across Canada and the US, with operations in British Columbia and Ontario. Managing financial data from multiple revenue streams—library partnerships, thrift store buybacks, wholesale operations—meant reconciling dozens of bank statements every month. Our accounting team was spending 2-3 days just on manual data entry during month-end close, pulling transactions from PDFs into QuickBooks. With $2.5M+ in annual partner payments, we couldn't afford errors or delays.
The Solution
We started using Zera Books to convert all our bank statements—business accounts in BC, ON, and our US operations. Instead of manually typing hundreds of transactions, we just upload the PDFs and get clean CSV files ready for QuickBooks. The AI handles even our messiest statements from different banks, and we can review and edit any transactions before importing. It's become part of our standard month-end workflow.
Key Results
Reduced month-end close from 3 days to 4 hours
Processing 40+ bank statements monthly with zero manual entry
Eliminated reconciliation errors that used to delay partner payments
Our accounting team can focus on analysis instead of data entry
ROI paid for itself in the first month from time savings alone
POWERFUL FEATURES
Everything you need for financial statement processing
Purpose-built features for accounting professionals who need accuracy, speed, and reliability.
Multi-Statement Detection
Automatically identifies and extracts Balance Sheet, Income Statement, and Cash Flow Statement—all from a single PDF upload.
Key Capabilities
Recognizes all three financial statement types
Processes them simultaneously in one workflow
No need to separate or tag statement types
Works with combined or individual statements
COMPARISON
How Zera Books compares to leading competitors
All-in-one platform with unlimited conversions vs. limited single-feature tools.
| Feature | Zera Books(This Product) | DocuClipper | BankStatementConverter | Nanonets |
|---|---|---|---|---|
| Financial Statement Detection | ||||
| Account Hierarchy Preservation | ||||
| Multi-Period Comparative Support | ||||
| Balance Sheet + Income Statement + Cash Flow | ||||
| Unlimited Conversions | ||||
| All-in-One Platform (Bank Statements, Financial Statements, Categorization) | ||||
| No Template Training Required | ||||
| Excel Export with Formatting | ||||
| Processing Speed (per statement set) | 30-60 sec | 2-3 min | 2-3 min | 1-2 min |
| Monthly Price | $79 | $99+ | $99+ | $499+ |
| Purpose-Built for Accountants |
Comparison based on publicly available feature sets and pricing as of December 2024.
= Full support = Partial support = Not supported
Stop wasting hours on manual data entry
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