Able2Extract vs ProperConvert: PDF to Excel and statement conversion compared

Able2Extract and ProperConvert

Able2Extract and ProperConvert are both desktop programs that read a PDF on your computer without uploading it. Able2Extract is a general PDF converter and editor whose strongest feature is PDF to Excel, with OCR for scans. ProperConvert is a bank statement converter that knows what a transaction is and writes the file your accounting software imports. This page lists what each one is and what it costs.

The facts below were checked on the two official websites on September 24, 2026. Prices and plans change; the links go to the current pages.

What Able2Extract is

Able2Extract Professional from Investintech is a Windows, macOS and Linux desktop application that works fully offline. It converts PDF, Word, PowerPoint, XPS and scanned documents into Excel, CSV, TSV, Word, PowerPoint, HTML, AutoCAD and image formats, with advanced OCR in more than 12 languages. For PDF to Excel it has a custom conversion mode where you set the rows and columns yourself and a preview panel that shows the result before you convert, plus smart templates and batch conversion for hundreds of files. It also edits, redacts, signs and encrypts PDFs.

It is not a bank statement tool. It turns the page into a spreadsheet; sorting the columns into dates, payees and signed amounts, and getting them into accounting software, is the user's work afterwards.

Able2Extract pricing

Able2Extract is a one-time purchase: $199.95 for a lifetime single-user license, $49.95 for a 30-day license that does not renew, and $59.95 to upgrade from an older version. An optional Software Advantage Plan at $49.95 per year adds priority support and free major upgrades. There is a 7-day trial and a 14-day money-back guarantee, and volume licenses are by quote.

What ProperConvert is

ProperConvert is one desktop application for Windows and macOS. It opens PDF statements, scanned PDF statements, CSV and Excel files, and QBO, QFX, OFX, QIF and QMTF files, shows the transactions in a table where you can review, edit, exclude and rename payees, and saves QBO, IIF, QFX, QIF, OFX, CSV and Excel files for QuickBooks Desktop, QuickBooks Online, Quicken, Xero, Sage and other accounting software. The conversion runs on your computer. Statements are never uploaded to a server.

ProperConvert pricing is one subscription for everything: $19.99 per month or $179.99 per year for one user, and a Team plan of three users at $49.98 per month or $449.97 per year. There are no page, statement or transaction limits, all formats are included, updates are free, and there is a 14-day money-back guarantee. A free trial is on the download page.

Able2Extract and ProperConvert side by side

Which one fits

Able2Extract fits someone who converts many kinds of PDFs, reports, tables, drawings, and wants one offline program for all of them, with statements as an occasional job that ends in a spreadsheet. The lifetime license makes sense for that person.

ProperConvert fits someone whose PDFs are bank statements and whose destination is QuickBooks, Quicken, Xero, Sage or a clean CSV. It reads the statement as transactions, not as a grid, so dates, payees and signs come out right without hand editing, and it saves the bank file the software imports. It also reads CSV, Excel and other bank files, which Able2Extract does not need to.

Questions people ask

Can Able2Extract convert a bank statement to Excel?

Yes, it converts any PDF to Excel, with OCR for scans and a custom mode for setting columns. The result is the page as a spreadsheet; the user then has to clean the columns and signs. ProperConvert produces transactions directly and can save Excel, CSV or a bank file.

Does Able2Extract make QBO or OFX files?

No. Its outputs are Excel, CSV, Word and other document formats. ProperConvert saves QBO, IIF, QFX, QIF and OFX for accounting software.

Is Able2Extract a one-time purchase?

Yes, $199.95 for a lifetime license or $49.95 for 30 days. ProperConvert is a subscription at $19.99 per month or $179.99 per year with unlimited pages and free updates.

What is a better tool than Able2Extract for bank statements?

ProperConvert, if the statements go to accounting software. Both run offline on Windows and Mac; ProperConvert adds the transaction table, the payee rules and the accounting file formats.