AI Invoice & Receipt Parser

Turn Invoices & Receipts into Clean Data

Upload any invoice PDF or photo — or drop in 50+ at once. AI extracts vendor, dates, every line item, tax, and total — exports to QuickBooks, Xero, or CSV in seconds.

Extracted Invoice
Cloudflare, Inc.
2026-02-11 · Due 2026-03-11 · #IN-57286
$158.20
Domain registration (1yr)$140.00
Tax (13%)$18.20
✓ ReadyInvoice
PDF
& images
QB
& Xero
AI
line items

Everything You Need

From PDF upload to accounting export in seconds

Invoice & Receipt Parsing

PDF, JPG, PNG, HEIC supported. Works with scanned documents and photos.

Line Item Extraction

Qty, unit price, tax rate, subtotal, and total — every line, every time.

QuickBooks Bill Export

Direct bill import format (IIF-compatible CSV). One click to import your bills.

Xero Bill Export

Xero-compatible CSV with all required columns. Ready to import.

Batch Upload

Upload 50+ invoices at once with per-file progress tracking.

Reconciliation Check

Flags mismatches between line items and stated total so nothing slips through.

Built for Volume

Stop processing invoices one at a time. BankRead handles the pile.

Whether you have 3 invoices or 300, BankRead processes them in parallel with per-file progress tracking. Each invoice gets its own status — ready, flagged for review, or failed — so nothing slips through.

50+
invoices per batch upload
PDF · JPG · PNG · HEIC
every format, one upload
15 sec
average per invoice
99%+
extraction accuracy on digital PDFs

How It Works

Three steps from upload to export

STEP 01

Upload Your Invoices

Drag & drop PDFs or photos. PDF, JPG, PNG, HEIC all supported.

STEP 02

AI Extracts Everything

Vendor, dates, line items, tax, and total — automatically.

STEP 03

Export to Your Accounting Tool

QuickBooks, Xero, or CSV — one click, ready to import.

See it in action →

Frequently Asked Questions

What file types does the invoice parser support?

PDF, JPG, PNG, and HEIC. Works with scanned documents, photos, and native digital PDFs.

Does it extract individual line items, not just totals?

Yes. BankRead extracts every line item including quantity, unit price, tax rate, subtotal, and total — not just the final amount.

Can I export directly to QuickBooks or Xero?

Yes. QuickBooks export uses IIF-compatible CSV format. Xero export uses Xero's bill import format. Both are ready to import in one click.

What's the difference between invoice and receipt mode?

Invoices typically have a vendor, invoice number, issue date, due date, payment terms, and line items. Receipts are simpler point-of-sale documents. BankRead handles both and labels them accordingly.

How accurate is the AI extraction?

Accuracy depends on document quality. Clean digital PDFs typically extract at 99%+. Scanned or photographed documents average 95%+. The reconciliation check flags any line item totals that don't match.

Is my financial data secure?

Yes. Documents are processed in memory and never stored on our servers unless you opt in to transaction storage. All connections are encrypted.

Simple Pricing

Invoice parsing included in all plans

See full pricing →