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Taking Bank Statement Automation to the Next Level

 

Automating bank statements to enhance financial accuracy and efficiency

The world of financial operations often involves repetitive, time consuming tasks, daily downloading of bank statements, data verification, and manual processing. Traditionally, these tasks are handled by employees manually, consuming hours and often leading to errors. Sound familiar?

One of our clients a leading digital marketing holding with over 1400 specialists across multiple countries — faced exactly this challenge. Their Payment Process Team spent significant time every day extracting bank statements from three different online banks: Payoneer, UKRGASBANK, and Vostok Bank. It was exhausting and inefficient, and everyone knew that time could be used more productively. Plus, human errors sometimes occurred, requiring additional time to fix — creating risks and delays.

That’s where GoodWill Tech stepped in with robotic process automation (RPA). We developed a robot to take over these routine, time-consuming tasks — quickly and accurately.

What our robot does:

  1. Automatically logs into Payoneer, UKRGASBANK, and Vostok Bank online portals

  2. Extracts bank statements daily without human intervention

  3. Ensures timely and consistent data delivery

  4. Saves all extracted data securely for further processing

  5. Sends immediate alerts via Telegram if any errors or issues arise

By automating more than 70% of the bank statement extraction process, Netpeak’s team no longer wastes time on manual downloads and data handling. Instead, they focus on analysis and other high-value tasks.

Another major benefit: drastically reduced human errors. Critical issues are detected instantly and flagged right away, allowing the team to respond swiftly and avoid operational bottlenecks.

Our client praised the smooth implementation: GoodWill Tech’s team adhered strictly to deadlines, maintained clear and consistent communication, provided regular updates, and responded promptly to all questions. The solution was tailored precisely to their unique business needs.

Automating bank statement extraction not only speeds up operations but also increases data accuracy and strengthens workflow reliability. This real-world example shows how modern technology can solve everyday business challenges and free up valuable time for growth.

If you want to eliminate manual data processing and boost your team’s efficiency — let’s talk. Together, we’ll create a solution tailored just for you.