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Lido logoLido
vs
StatementFlow logoStatementFlow

Lido vs StatementFlow: Which is Better in 2026?

A comprehensive comparison of Lido and StatementFlow covering features, pricing, use cases, and which tool is the right choice for your needs.

⚡ Quick Verdict

Choose Lido if:

  • You need extraction from handwritten documents and scanned pdfs or ai email parser for forwarded document inboxes

Choose StatementFlow if:

  • You want more affordable paid plans (from $19/mo)
  • You need a broader feature set (6 features vs 5)
  • You need vision ai that reads scans, faxes and phone photos or excel, csv, qbo and ofx export

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Lido vs StatementFlow: At a Glance

Attribute
Lido
StatementFlow
Pricing Model
Freemium
Freemium
Starting Price
Free plan + paid from $29/month
Free plan + paid from $19/month
Free Tier
✓ Yes
✓ Yes
Category
Data Extraction
Data Extraction
Features Count
5 features
6 features
Shared Features
0 features in common

Pricing Comparison: Lido vs StatementFlow

Understanding the pricing differences between Lido and StatementFlow is crucial for making the right choice. Here's how their plans compare side by side.

Lido Pricing

Free$0forever
Standard is$29/month
Scale is$7,000/year
Enterprise starts from$35,000/year
EnterpriseCustom
View full Lido pricing →

StatementFlow Pricing

Free$0forever
Pro$19/month
QBO + OFX export, cell editing, priority processing)See website
Business$69/month
API access, team seats and batch processing listed as coming)See website
View full StatementFlow pricing →

💡 Pricing takeaway: Both Lido and StatementFlow offer free tiers, making it easy to try before you buy. Compare the specific plans to find the best value for your use case.

Feature-by-Feature Comparison

Here's how every feature from Lido and StatementFlow stacks up.

Feature
Lido
StatementFlow
Extraction from handwritten documents and scanned PDFs
AI email parser for forwarded document inboxes
Automated data reconciliation and financial statement analysis
API and MCP server for agent-driven extraction
HIPAA-compliant OCR path for healthcare documents
Vision AI that reads scans, faxes and phone photos
Excel, CSV, QBO and OFX export
Automatic transaction categorisation
Balance reconciliation check
Any bank worldwide, including non-US formats
Files processed in memory and deleted immediately

What Makes Each Tool Unique

🔵 Unique to Lido

Features available in Lido but not in StatementFlow:

  • Extraction from handwritten documents and scanned PDFs
  • AI email parser for forwarded document inboxes
  • Automated data reconciliation and financial statement analysis
  • API and MCP server for agent-driven extraction
  • HIPAA-compliant OCR path for healthcare documents

🟣 Unique to StatementFlow

Features available in StatementFlow but not in Lido:

  • Vision AI that reads scans, faxes and phone photos
  • Excel, CSV, QBO and OFX export
  • Automatic transaction categorisation
  • Balance reconciliation check
  • Any bank worldwide, including non-US formats
  • Files processed in memory and deleted immediately

Use Case Recommendations

Best for: Lido

Lido extracts structured data out of documents that resist structure — invoices, purchase orders, bank statements, bills of lading, handwritten forms and scanned PDFs — and lands it in Excel or CSV. The vendor organises its own site by document type and by function, which is a useful signal about who buys it: accounts payable teams, accounting and CPA firms, logistics and supply chain operators, manufacturers and healthcare providers, the last of which gets a HIPAA-compliant OCR path. Around the extraction core sit the pieces that make it a workflow rather than a converter: an AI email parser that picks documents out of a forwarded inbox, automated data reconciliation, a financial statement analyzer, AI form filling, an API and an MCP server for agent-driven use. The product is explicit that it is desktop-only — the site tells mobile visitors it will email login details for when they are back at a desk — which is an unusual thing to say out loud and probably accurate about the work. Pricing is honest about the shape of the market it serves: a $29 entry tier for a single user doing a hundred pages a month, then a large gap to an annual contract sized for teams automating multi-step extraction-to-ERP workflows. The free tier is 50 pages that do not expire and require no credit card.

Ideal use cases:

  • Teams or individuals who need extraction from handwritten documents and scanned pdfs
  • Teams or individuals who need ai email parser for forwarded document inboxes
  • Teams or individuals who need automated data reconciliation and financial statement analysis
  • Teams or individuals who need api and mcp server for agent-driven extraction
  • Anyone focused on ocr workflows
  • Anyone focused on invoice-processing workflows
Try Lido

Best for: StatementFlow

StatementFlow converts bank statements into clean Excel, CSV, QBO or OFX data using vision AI, and its distinguishing capability is that it reads inputs template-based converters reject — scanned pages, faxes and phone photographs, not just born-digital PDFs. It works with statements from any bank worldwide, listing Chase, Bank of America, Wells Fargo, Citibank, Capital One and TD alongside Barclays, HSBC, Lloyds, NatWest, Monzo, Revolut, ING, Santander, Deutsche Bank, BNP Paribas and the Polish banks PKO, mBank, Pekao and Alior. Extracted transactions come out categorised with a balance reconciliation check, and the editor supports keyboard shortcuts for undo, search and Excel export. The company builds its positioning explicitly around the complaints that dominate this category's reviews: where competitors charge the moment you forget to cancel a trial, StatementFlow's free plan takes no card at all; where unused credits expire at month end, its free pages simply wait. Files are encrypted in transit, processed in memory and deleted immediately rather than stored. The free tier handles 10 pages a month with Excel and CSV export and balance reconciliation included; QBO and OFX export, cell editing before export and priority processing arrive on Pro, and API access, team seats and batch processing are listed as coming to Business.

Ideal use cases:

  • Teams or individuals who need vision ai that reads scans, faxes and phone photos
  • Teams or individuals who need excel, csv, qbo and ofx export
  • Teams or individuals who need automatic transaction categorisation
  • Teams or individuals who need balance reconciliation check
  • Anyone focused on ocr workflows
  • Anyone focused on finance workflows
Try StatementFlow

🗃️ Other Data Extraction Tools to Consider

Lido and StatementFlow aren't the only options. Here are other popular tools in the same space:

🏷️

Is one of these your tool?

This page ranks for "Lido vs StatementFlow" — buyers comparing the two land here, and ChatGPT and Perplexity cite it. Claim your listing for $19 one-time — no subscription, nothing to cancel — and get a Featured badge, top placement in your category, and a permanent dofollow backlink. Prefer it ongoing? Monthly is one click away on the next page.

Frequently Asked Questions

Is Lido better than StatementFlow?

It depends on your needs. Lido offers 5 key features including Extraction from handwritten documents and scanned PDFs and AI email parser for forwarded document inboxes, while StatementFlow provides 6 features including Vision AI that reads scans, faxes and phone photos and Excel, CSV, QBO and OFX export. Lido uses a freemium model with a free tier, while StatementFlow is freemium with free access available. Choose based on which features and pricing model align with your requirements.

Is Lido cheaper than StatementFlow?

StatementFlow is cheaper, starting at $19/month compared to Lido's $29/month. Both tools offer free tiers, so you can try each before committing. Always check the official websites for the most current pricing.

Can I use Lido and StatementFlow together?

Yes, many users combine Lido and StatementFlow in their workflow. Lido excels at extraction from handwritten documents and scanned pdfs, while StatementFlow shines with vision ai that reads scans, faxes and phone photos. Using both allows you to leverage the strengths of each tool, though this means managing two subscriptions — though free tiers can help manage costs.

What's the main difference between Lido and StatementFlow?

While both are data extraction tools, Lido emphasizes extraction from handwritten documents and scanned pdfs, whereas StatementFlow is known for vision ai that reads scans, faxes and phone photos. The best choice depends on your specific workflow and feature priorities.

Learn More

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