3–4 hours
of review per application
Bank statement analysis for mortgage serviceability, in minutes.
Upload PDF statements from major Australian banks. Every transaction is extracted, balance-checked, categorised and exported to a broker-ready Excel report, with an analyst confirming every flagged line.
Faster serviceabilityFewer hours per file
01Bank Statement Analyzer
Manual statement review slows every application.
Multi-page PDFs
from several banks
Categories that vary
between reviewers
No standard report
to submit
02How it works
Five steps from PDF to report
- 01
Upload
Drag in any number of statements.
- 02
Extract and audit
Balances reconciled page by page.
- 03
Classify
Rules, then machine learning, then AI.
- 04
Review
Flagged lines go to an analyst.
- 05
Export
A multi-sheet Excel workbook, ready to submit.
03Bank Statement Analyzer
Smarter with every statement
A line like "OSKO PAY 000372 DENTIST" can't be categorised by rules alone. Known merchants match instantly; spelling and location variations go to machine learning; the rest go to an AI model. Every AI answer becomes a new rule, so the system gets faster and cheaper with use.
05By the numbers
Hours to minutes
12–15 minper application, including human review (from 3–4 hours)
90%+classification accuracy against expert manual review
70+statements tested from CBA, ANZ and Suncorp, from 3 to 25+ pages
Signed off by the mortgage team and running in production.
FAQ
Frequently asked questions
Short answers to common questions.
Still have a question?
Talk to a specialist. We reply within one business day.
Ask us a questionor call 1300 873 733Which banks does it support?
CBA, ANZ and Suncorp are tested; any new bank format gets a one-time layout check.
What about poor-quality scans?
Low-confidence lines are flagged for review, never guessed.
Do brokers still review?
Yes. Every flagged line goes to an analyst, and the final report is theirs.
Compliance
Your data, handled properly
Befree is ISO 27001 certified and GDPR compliant. We handle personal information under the Privacy Act 1988 and the Australian Privacy Principles, and under UK GDPR for UK clients. Sensitive fields, such as tax file numbers, are masked before they reach any AI model. Every AI workflow keeps a person reviewing decisions that touch a ledger, a client or a lending outcome.
07Case studies
Related case study
Next step
See it process a real statement.
See it working before you decide.
- 30-minute demo
- With your own data
- Reply within one business day
Book a demoor call 1300 873 733