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Transcribing Bank Statements to Markdown Using Gemini Vision AI

Extracts data from bank statements by converting PDFs to images, using a multimodal LLM (like Gemini) to transcribe them to Markdown, and finally, extracting specific data points. It's an alternative to traditional OCR for complex layouts.   

 

Benefits

Advanced Transcription

Uses a multimodal language model (Gemini) to interpret complex bank statement layouts, delivering more accurate and structured transcriptions than traditional OCR.

Markdown Format

Transcribes the extracted data into a Markdown format, making it easy to organize, analyze, and integrate into various systems or tools.


Complex Layout Handling

This process is ideal for statements with non-standard layouts, such as tables, graphs, or intricate formatting, which are often challenging for traditional OCR.

Specific Data Extraction

The system can extract key financial data, such as transaction amounts, dates, account numbers, and other important details, making it easier to process and analyze bank statement data.

Improved Accuracy

By using an advanced AI model, the transcription is more accurate, reducing the errors common with basic OCR methods.

How It Works

PDF to Image Conversion

The bank statement PDF is converted into an image, making it easier to process and interpret complex layouts.

AI Transcription

The image is passed to a multimodal LLM like Gemini, which transcribes the content from the image into Markdown format.

Data Extraction

The workflow extracts specific data points, such as transaction dates, amounts, and other relevant financial details from the Markdown output.

Final Output

The transcribed data in Markdown format is delivered to the user, where it can be further analyzed, saved, or integrated into other systems for processing.

Use Cases

Financial Analysts and Advisors: Helps analysts and advisors easily transcribe and analyze bank statements, particularly those with complex layouts or non-standard formats. 

Accountants: Streamlines the process of extracting and organizing transaction data from bank statements, making it easier to perform financial audits or reviews. 

Personal Finance Management: Provides an easy way for individuals to track and manage their financial records by automatically transcribing their bank statements into an organized format. 


Integration and Customization

Gemini AI Integration

The workflow uses Gemini’s multimodal capabilities for transcription, offering improved accuracy over traditional OCR solutions.

Markdown Output

The output is delivered in Markdown format, which is easily editable and integrates seamlessly with other tools.

Customizable Data Extraction

Users can customize which specific data points to extract, ensuring that only the most relevant information is processed.