StatementPanda vs ProperSoft (ProperConvert)
ProperSoft's ProperConvert is a desktop app you install on Windows or Mac. StatementPanda runs in the browser. Which one suits you mostly comes down to volume, privacy preferences and how many of your statements are scans.
Updated 2026-11-12. We make StatementPanda, so read this with that in mind; every competitor fact links to its source.
The short version
- Pick ProperSoft if you convert very high volumes and want one flat price, or if files must never leave your computer.
- Pick StatementPanda if you want nothing to install, AI reading of scans and phone photos, and a balance check on every row.
- StatementPanda gives 5 pages free without signing up; ProperSoft has a trial that saves 10 transactions.
Side by side
| Feature | StatementPanda | ProperSoft |
|---|---|---|
| Price | From $19/mo for 600 pages, or packs from $12 for 150 pages | $19.99/mo or $179.99/yr, unlimited pages |
| Where it runs | Any browser, including phones | Desktop app for Windows or Mac |
| Scans and phone photos | Yes, read by AI | Scanned documents supported |
| Outputs | Excel, CSV, QBO, QuickBooks Online CSV, Xero CSV, OFX, QIF, Tally XML | QBO, IIF, QBJ, QFX, QIF, OFX, CSV, XLSX and more |
| Balance check | Every row's running balance, plus opening and closing totals | Balance shown in the app |
| Your files | Deleted from our servers as soon as conversion finishes | Stay on your computer |
| Team use | One account per person today | Team plan with 3 seats |
ProperSoft prices and features as listed on their website, checked 2026-11-07: https://www.propersoft.net/pricing/. Our prices are on the pricing page.
How each tool checks accuracy
ProperSoft is rule-based and shows balances in its app.
StatementPanda reads the page, then rebuilds and compares the running balance on every row, and highlights the exact row that doesn't match the statement.
Where ProperSoft is the better choice
- Unlimited pages for one flat price, which is hard to beat at very high volume.
- Files never leave your computer.
- More output formats, including IIF, QBJ, Sage and MYOB.
- A 3-seat team plan.
Where StatementPanda fits better
- Nothing to install or update. Works on any computer or phone.
- AI reading for crooked scans and phone photos.
- A row-level balance check that points at the exact problem.
- Tuned support for Pakistani, Gulf and Indian banks, plus Tally XML.
Switching
Keep ProperSoft for bulk clean PDFs if it works for you, and try StatementPanda on the scans and photos it struggles with.
Questions, answered
Is my data safer in a desktop app?
A desktop app keeps files on your machine. StatementPanda uploads them over HTTPS, deletes the file as soon as conversion finishes, and never uses statements to train AI.
Which is cheaper?
For very high volumes, ProperSoft's flat $19.99/mo (as listed on their website, checked 2026-11-07) is cheaper. For occasional use, StatementPanda packs start at $12 for 150 pages and never expire.
Other comparisons
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