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Exact Statement vs Magic MIS

A side-by-side comparison built from both listings. Blank cells mean the company has not given that detail; we never guess.

Exact Statement compared with Magic MIS
DetailExact Statement logo Exact StatementMagic MIS logo Magic MIS
What it doesBank statement PDF converter for QuickBooks, Xero, and Excel Turn raw data into business insights
StageNot given Not given
FoundedNot given Not given
Based inNot given IN
Pricing modelFreemium Paid
PricingFree: 1 PDF page without signup; 5 free pages per day for registered users. Starter: $23/month (or $279/year with 20% annual discount) for 4,800 PDF pages per year. Professional: $47/month (or $566/year with 20% annual discount) for 12,000 PDF pages per year. Business: $79/month (or $949/year with 2 Prepaid credit packs: Solo Top-up $29 (1,100 credits), Starter $49 (2,000 credits), Plus $109 (5,000 credits plus 250 bonus), Growth $199 (10,000 credits plus 750 bonus), Practice $449 (25,000 credits plus 2,500 bonus), Firm $849 (50,000 credits plus 6,000 bonus), Scale $1,549 (100,000 credits plus
Key features
  • PDF batch upload for multiple files up to 100 MB and 1,000 pages per file
  • QuickBooks Online export in 3-column and 4-column CSV formats
  • Xero-compatible CSV export with standardized columns
  • Excel (XLSX) export with comprehensive transaction details
  • Preview and review before export with balance warnings
  • Support for bank and credit card statements from any bank
  • Automatic credit refunds for failed conversions
  • TLS encryption for data in transit and automatic file cleanup
  • Monthly MIS report and management accounts from trial balance with checked Excel workbook
  • Ledger mapping by rules first, then AI, remembered each month
  • Validation checks before delivery
  • Excel workbook with live formulas and lineage
  • Dashboard built and changed by chatting with undo
  • Chat that answers questions about figures linked to ledgers
  • AI commentary with figures computed by engine
  • Budget against actual and year-end forecast
  • File encryption with access logging
  • Support for any currency, scale and financial year
What makes it different
  • No manual data retyping — automatically extracts transactions from any bank's PDF statements
  • Multiple export formats optimized for QuickBooks, Xero, and Excel in a single conversion
  • Works with any bank's PDF statements without requiring integrations or login credentials
  • Every figure computed from books, never written by AI
  • Monthly mapping remembered, no rebuild required
  • Files encrypted with staff unable to access
  • Natural language dashboard building and querying
  • Full lineage and ledger transparency for every number
Community votes00
DR (Domain Rating by Ahrefs)5 +1 (up) since last checkNot checked yet no change since last check
Trust Flow (Majestic)50
Citation Flow (Majestic)300
Referring domains (Majestic)1120

5 details filled in for both companies.

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