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What is Statement Zen?

Statement Zen is a digital tool designed for the effective management of accounts payable, particularly focused on reconciling supplier statements with ledger entries. Users can easily forward statements to a specific email address, allowing the software to smartly extract necessary details and align the entries with those recorded in the ledger. The intuitive dashboard presents discrepancies clearly, identifying issues such as missing ledger entries or differences in amounts, dates, or references, while also consolidating matched items for better understanding. An automated balance verification function ensures that the sum of the opening balance and the transactions on the statement corresponds with the specified closing balance. Furthermore, Statement Zen provides smooth integration with Xero and QuickBooks Online through read-only access, while Viewpoint Vista shares payable data via its Workflow Notifier; additionally, other accounting platforms can connect through the Statement Zen API. The software is compatible with various formats, including native-text, scanned PDF statements, CSV files, and spreadsheets, making it versatile for different user needs. Designed with bookkeepers, accounts payable teams, and accounting firms in mind, it significantly streamlines the reconciliation process, enhancing efficiency and minimizing errors. Ultimately, Statement Zen not only boosts financial accuracy but also optimizes the workflows of teams managing accounts payable functions, paving the way for better financial management practices.

What is BANKTRUST?

BANKTRUST is an advanced reconciliation software that converts PDF bank statements into accurate, verified data suitable for seamless integration into accounting systems. It supports accounting professionals and bookkeepers by simplifying the management of tasks such as statement cleanup, bookkeeping catch-up, monthly closings, and bank reconciliations. Prior to exporting data, BANKTRUST thoroughly checks statement balances, debits, credits, transaction totals, variances, and the overall integrity of the data. In contrast to conventional PDF converters, this software is specifically designed to enable users to validate that their statement data is correctly organized for accounting entries before they import it into their systems. Additionally, BANKTRUST offers export options in multiple formats, including CSV, QBO, OFX, and Xero, without requiring users to enter their bank login information, thereby further optimizing the reconciliation workflow. This unique capability not only enhances the efficiency of accounting operations but also alleviates the concerns associated with accessing sensitive banking information. By providing a reliable solution for managing bank statement data, BANKTRUST empowers users to focus more on strategic financial tasks rather than administrative details.

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Integrations Supported

QuickBooks Online
Viewpoint Vista
Xero

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

$99/month
The Starter plan is $99 per month when billed monthly, or $79 per month with annual billing ($948 per year). It includes up to 100 statements per month. A free plan covers 25 statements per month.
Free Version

Pricing Information

$29/month
BANKTRUST offers a free trial with paid plans starting at $29/month. Plans are designed for bookkeepers, accounting firms, and finance teams that need reconciled PDF bank statement exports for accounting workflows.
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Statement Zen

Date Founded

2011

Company Location

Australia

Company Website

statementzen.com

Company Facts

Organization Name

BANKTRUST

Date Founded

2026

Company Location

Finland

Company Website

www.banktrustapp.com

Categories and Features

Accounts Payable

Not specified

AP Automation

Not specified

Categories and Features

Reconciliation

Not specified

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