Parserdata is an AI-powered financial data extraction tool that converts invoices, receipts and bank statements—including scanned PDFs and images—into ready-to-use structured Excel, JSON or XML output without templates, using OCR and automatic field and table detection to capture invoice numbers, dates, vendors, totals, VAT, line items and more; businesses use it to eliminate manual data entry, speed accounts payable and bookkeeping, feed ERP/AP systems via API, and get instant AI-generated reports and signals that surface totals, category breakdowns and anomalies.