LedgerBox is an AI-powered tool designed to automate the conversion of financial documents, such as bank statements, invoices, and receipts, into structured formats like Excel and CSV. By leveraging advanced AI and computer vision technologies, it aims to streamline data extraction processes, reducing manual entry and enhancing accuracy for businesses and accounting professionals.
Performance Score
A
Content/Output Quality
High
Interface
User-Friendly
AI Technology
Advanced AI & Computer Vision
Purpose of Tool
Automate Financial Document Conversion
Compatibility
Excel, CSV, QuickBooks
Pricing
$24/month
Who is Best for Using LedgerBox?
- Accountants and Bookkeepers: Professionals seeking to automate data extraction from financial documents.
- Small Business Owners: Entrepreneurs aiming to streamline their bookkeeping processes.
- Financial Analysts: Individuals requiring accurate and efficient data conversion for analysis.
- Accounting Firms: Organizations needing scalable solutions for handling multiple clients' financial data.
Automated Data Extraction
High Accuracy
Multi-Format Conversion
QuickBooks Integration
Secure Data Handling
User-Friendly Interface
Batch Processing
Scalable Solutions
Is LedgerBox Free?
LedgerBox offers a free account that includes 10 page conversion credits, allowing users to test the service without a credit card. Additional credits can be purchased through various subscription plans.
Pricing Plans
- Basic Plan – $24/month: Includes 2,400 page conversions per year, Excel & CSV export formats, QuickBooks integration, AI-powered OCR processing, 30-day data retention, and email support.
- Pro Plan – $40/month: Includes 6,000 page conversions per year, all features of the Basic Plan, plus batch processing up to 20 files, faster processing times, data accuracy validation, multiple export formats, API access , and priority email support.
- Business Plan – $82/month: Includes 14,400 page conversions per year, all features of the Pro Plan, plus batch processing up to 20 files, team collaboration features, advanced analytics dashboard, white-label options, 365-day data retention, dedicated account manager, and phone & video support.
Pros & Cons
Significantly reduces time spent on manual data entry.
Easy to use with intuitive navigation and clear dashboards.
Supports multiple integrations, improving workflow efficiency.
Provides insightful reports that aid financial decision-making.
Secure cloud-based platform ensures data protection and accessibility.
Some advanced features are locked behind higher-tier plans.
Occasional inaccuracies in AI data extraction require manual corrections.
Limited customization options for certain report formats.
May have limitations when processing low-quality scanned PDFs.
Some customization may be needed for uncommon statement formats.
