StatementReader vs ProperConvert: offline statement converters compared
StatementReader and ProperConvert
StatementReader and ProperConvert are the two converters on this list that process bank statements on your own computer rather than on a server. StatementReader is Windows software from the UK aimed at forensic accountants, insolvency practitioners and bookkeepers, and it produces a consistent Excel or CSV table. ProperConvert runs on Windows and Mac and produces the bank 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 StatementReader is
StatementReader is a Windows application that reads PDF and TIFF statements, searchable or scanned, encrypted, locked or watermarked, and outputs one transaction per row in a consistent Excel or CSV layout. All data is processed locally through an encrypted offline control module. Its validation feature works inside Excel, highlighting corrected cells and possible errors with hyperlinks back to the exact page. The site lists templates for UK and Australian banks such as Barclays, HSBC, Lloyds, NatWest, CBA, ANZ and Westpac, creates templates for you when a bank is missing, and offers an API for batch automation.
The output is a spreadsheet. The site's own words mention Excel for QuickBooks, but no QBO, OFX, QFX or QIF file and no direct integration is named, and there is no Mac version.
StatementReader pricing
StatementReader sells page credits that never expire, priced in GBP with other currencies available, and the more pages you buy the lower the price per page; the exact per-page prices are shown in an image on the pricing page rather than in text. Credits include software updates, training, template creation and data summaries. Every new user gets 30 free pages with no credit card.
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.
StatementReader and ProperConvert side by side
| Point | StatementReader | ProperConvert |
|---|---|---|
| Product shape | Windows desktop converter to a consistent Excel or CSV table | One desktop app that converts files |
| Platform | Windows; API for automation | Windows and macOS desktop app |
| Where files are processed | On your computer, offline | On your computer, always |
| Inputs | PDF and TIFF statements, searchable or scanned, locked or watermarked | PDF, scanned PDF, CSV, Excel, text, QBO, QFX, OFX, QIF, QMTF |
| Outputs | Excel, CSV | QBO, IIF, QFX, QIF, OFX, CSV, Excel, and paste to clipboard |
| Accounting import files | None named | QBO, QFX, QIF, OFX and IIF for QuickBooks, Quicken, Xero, Sage and others |
| Scanned statements | Yes, built for scans | Yes, OCR built in |
| Review before export | Validation inside Excel with highlighted cells and links to the page | Full transaction table: edit, exclude, rename payees with rules |
| Pricing model | Pay-as-you-go page credits in GBP that never expire; volume discounts | Subscription from $19.99 per month or $179.99 per year, everything included |
| Free use or trial | 30 free pages, no credit card | Free trial, 14-day money-back guarantee |
| Limits | Pages purchased | No page, statement or transaction limits |
| Beyond statement conversion | Bank templates made for you, data summaries, batch API | Conversion only |
Which one fits
StatementReader fits a UK or Australian forensic accountant, insolvency practitioner or auditor who works from scanned statements and wants a validated Excel table with a link from every corrected cell to its page, paid per page with no subscription. For that work it is a serious tool.
ProperConvert fits a bookkeeper whose destination is QuickBooks, Quicken, Xero or Sage rather than Excel, who works on Mac as well as Windows, and whose banks are in North America, South Africa and beyond as well as the UK. It shares the offline principle, adds the accounting file formats and the review table, and charges a flat $19.99 a month instead of per page.
Questions people ask
Does StatementReader run on a Mac?
The site describes Windows software; a Mac version is not stated. ProperConvert runs on Windows and macOS.
Does StatementReader export QBO or OFX?
The site names Excel and CSV output only. ProperConvert saves QBO, IIF, QFX, QIF and OFX files.
How much does StatementReader cost?
Page credits in GBP that never expire, cheaper per page in larger packs; the exact prices are on the pricing page as an image. New users get 30 free pages. ProperConvert is $19.99 per month for unlimited pages.
Which one keeps statements off the internet?
Both. StatementReader processes locally on Windows; ProperConvert processes locally on Windows and Mac.
Compare StatementReader with another tool
Pick a second tool to see it beside StatementReader and ProperConvert in one table.