Documentric vs ProperConvert: AI statement converters compared
Documentric and ProperConvert
Documentric and ProperConvert both convert bank statements into QBO files and spreadsheets for accountants and bookkeepers. Documentric is a web app with AI extraction and an editable review table, priced by pages per month. ProperConvert is a desktop app with a review table, priced flat, with the files never uploaded. 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 Documentric is
Documentric is a web converter that extracts transactions from digital or scanned PDF bank and credit card statements, and from invoices and receipts, in under 30 seconds per the site, and exports CSV, Excel and QBO. The site says QBO, OFX and QFX are the same format and that it outputs .qbo files, which it lists for QuickBooks Online, QuickBooks Desktop by Web Connect, and QuickBooks for Mac, with Xero, Sage and Quicken reached through the same file or CSV. It reconciles opening and closing balances, adds transaction IDs to the QBO file to prevent duplicate imports, claims 10,000 banks and 99% accuracy, and shows an editable table so you can check every number before it reaches the books. Files are encrypted, can be deleted by the user, and are kept from 24 hours to a year depending on plan.
Documentric pricing
Documentric has a free plan of 10 pages a month with a 15-page limit per document and 24-hour retention, no card needed. Starter is $19 per month for 300 pages, Professional $49 for 900 pages, and Business $129 for 2,500 pages, each with $0.10 per extra page and longer retention; annual billing gives two months free. API and SSO are marked coming soon on Business.
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.
Documentric and ProperConvert side by side
| Point | Documentric | ProperConvert |
|---|---|---|
| Product shape | Web AI converter with an editable review table | One desktop app that converts files |
| Platform | Any browser; API coming soon | Windows and macOS desktop app |
| Where files are processed | Uploaded to Documentric's servers; retention by plan | On your computer, always |
| Inputs | PDF bank and credit card statements, digital or scanned; invoices and receipts | PDF, scanned PDF, CSV, Excel, text, QBO, QFX, OFX, QIF, QMTF |
| Outputs | CSV, Excel, QBO | QBO, IIF, QFX, QIF, OFX, CSV, Excel, and paste to clipboard |
| Accounting import files | QBO; OFX and QFX treated as the same file; QIF and IIF not named | QBO, QFX, QIF, OFX and IIF for QuickBooks, Quicken, Xero, Sage and others |
| Scanned statements | Yes, AI OCR | Yes, OCR built in |
| Review before export | Editable table before export | Full transaction table: edit, exclude, rename payees with rules |
| Pricing model | Free 10 pages a month; $19 for 300, $49 for 900, $129 for 2,500 pages | Subscription from $19.99 per month or $179.99 per year, everything included |
| Free use or trial | Free plan, no card | Free trial, 14-day money-back guarantee |
| Limits | Pages per month; $0.10 per extra page | No page, statement or transaction limits |
| Beyond statement conversion | Invoices and receipts | Conversion only |
Which one fits
Documentric fits a bookkeeper who is comfortable uploading statements, wants a QBO file with duplicate protection and a review table, and stays under 300 pages a month, where $19 buys about the same as ProperConvert's monthly plan. The free 10 pages are a fair way to test it.
ProperConvert fits the bookkeeper who will not upload client statements, needs QIF for Quicken or IIF for QuickBooks Desktop as well as QBO, reads CSV and Excel statements as well as PDF, and has months where 300 pages is not enough. It runs on Windows and Mac with no page count.
Questions people ask
Does Documentric make OFX or QFX files?
The site says QBO, OFX and QFX are the same format and outputs .qbo. That is close but not exact: Quicken wants QFX and some apps want plain OFX. ProperConvert saves each one as its own file, plus QIF and IIF.
What does Documentric cost?
Free for 10 pages a month, then $19 for 300 pages, $49 for 900 and $129 for 2,500, with $0.10 per extra page. ProperConvert is $19.99 for unlimited pages.
Can I review transactions in Documentric before export?
Yes, it has an editable table. ProperConvert has a review table too, on the desktop, with payee renaming rules that apply to future statements.
What is a Documentric alternative that does not upload statements?
ProperConvert, which processes the statement on your computer.
Compare Documentric with another tool
Pick a second tool to see it beside Documentric and ProperConvert in one table.