Statemently gets one big thing right: it verifies the math instead of OCR-ing and hoping. So does BankTidy. The real question is who proves it, and who reads the statements that break template tools. Here's an honest comparison.
Statemently is a recent entrant with a sharp pitch: "Most converters OCR and hope. Statemently reconciles every total against the statement's balances," processed in memory and never stored (statemently.io). That reconciliation-first philosophy is exactly right, and it's the same principle BankTidy is built on.
Two things separate them. First, proof: BankTidy doesn't just describe its check, it publishes a reproducible benchmark you can inspect (below). Second, coverage: Statemently's own site markets "every major US bank" — Chase, BofA, Wells Fargo, Citi, Capital One, US Bank, PNC, Amex (statemently.io). BankTidy is built specifically for the statements those lists tend to skip: credit unions, scanned documents, and non-English / international statements.
| BankTidy | Statemently | |
|---|---|---|
| Reconciles totals to the printed balance | Yes — ties to the penny or flags the file | Yes — reconciles totals against balances |
| Published, reproducible accuracy benchmark | Yes — 14 real statements, 7 institutions, 3 countries, public | Describes verification; no published benchmark found |
| Credit-union, scanned & international formats | Yes — incl. a Spanish-language statement in the benchmark | Markets "every major US bank" |
| Push to Xero & QuickBooks | Xero and QBO export built in | QBO / OFX / QIF for QuickBooks, Xero and others |
| Real free trial | 3 full conversions / month, no card | 10-row sample + 1 free full download on signup |
| Transparent, no-lock-in pricing | Free tier · $9 one-time 50-page pack (credits never expire) · plans $15/$39/$59/$129; one-click cancel | $9 one-time pack (10 statements, never expires); Pro $49/mo; Business $129/mo |
Statemently column sourced from the Statemently home and pricing page as of publication. Where a claim couldn't be verified, it was left out.
A reconciliation claim is only as good as the evidence behind it. BankTidy publishes a reproducible test: 14 real bank statements from 7 institutions across 3 countries, every one reconciled to the penny — including a scanned US statement and a 79-transaction Spanish-language Ecuadorian statement, the kinds of files a US-major-bank tool isn't built for. Read the full breakdown and methodology on the BankTidy accuracy benchmark.
Don't take our word for it — feed BankTidy the credit-union, scanned or foreign-language statement that a US-focused tool won't touch. You get three full conversions a month free, no card required.
Statemently already verifies totals — why switch?
Because verifying and proving are different. BankTidy reconciles to the printed balance on every file too, and it publishes a reproducible benchmark you can inspect. It's also built for the credit-union, scanned and international statements that a US-major-bank tool tends not to cover.
Does BankTidy push straight into Xero and QuickBooks?
Yes — Xero and QuickBooks/QBO export are built in, so a reconciled statement goes into your accounting stack without a detour.
Can I really cancel any time?
Yes. There's a free tier with no card, a one-time $9 credit pack whose credits never expire, and monthly plans you can cancel yourself in one click.
Does it handle non-US and non-English statements?
That's a core focus. BankTidy reads credit-union, scanned and international statements and reconciles them to the printed balance — the benchmark includes a 79-transaction Spanish-language statement.
See how BankTidy compares with the other converters bookkeepers weigh: DocuClipper · Hubdoc · AutoEntry · CapyParse · BankStatementLab · Suparse.