We processed the same bank statement through both tools. DocuClipper missed ~$2,889 in transactions and produced silent errors that would have broken reconciliation.
See the side-by-side screenshots. The errors speak for themselves.
The Errors We Found
We ran the same June 2025 TD bank statement through DocuClipper and NovaConvert. Here's what DocuClipper missed — errors that would have gone undetected until reconciliation failed.
Total errors found in one month's statement: ~$2,889 in missed or incorrect transactions, plus a date parsing error that corrupts your data.
Below are the actual screenshots from both tools..
DocuClipper completely dropped this INTERAC e-Transfer from its output. The transaction simply doesn't exist in their extracted data — a silent error that would have caused a $1,161.29 reconciliation discrepancy.
DocuClipper's OCR misread "Jun 2" as "Jun OZ" — turning a valid date into corrupted data. This isn't just a cosmetic issue; it breaks date sorting, filtering, and any downstream processing that depends on valid dates.
DocuClipper shows "Not Reconciled" with missing balance data. NovaConvert shows "Valid" with 63 balance checkpoints verified. One tool hopes the numbers are right. The other proves it.
Another dropped transaction. This pattern of silently missing INTERAC e-Transfers suggests a systematic issue with DocuClipper's extraction logic — not a one-off glitch.
DocuClipper extracted $27.11 instead of $621.11 — a $594 error. The insidious part? The running balance was still correct, so this error would pass any balance-only validation. Only transaction-level verification catches silent amount errors like this.
Error Summary
One month. One statement. Five errors totaling ~$2,889 in discrepancies.
Why This Happens
The fundamental difference is in what each tool optimizes for.
DocuClipper
NovaConvert
Uses the FIRE engine — validates every transaction against balance checkpoints. Errors are caught before export, not discovered during reconciliation.
Adding Insult to Injury: You Pay for Those Errors
DocuClipper charges when you process. NovaConvert charges when you download verified results.
DocuClipper
Pay-Per-Page
Charged per page processed
Credits consumed at processing
Re-processing costs extra
Pay even if results need correction
NovaConvert
Pay-Per-Transaction
Only charged for downloads
Review results first — verify it's correct
If it doesn't reconcile, no charge
Pay only for validated output
"Why pay before you know the data is right?"
The Bottom Line
DocuClipper extracts data and hopes it's right
NovaConvert extracts data and proves it's right
With DocuClipper, you pay for pages — whether they're correct or not
With NovaConvert, you pay for transactions — only after verification
Try the Demo
Test It Yourself
Upload the same statement to both tools. See which one reconciles. No signup required — just results you can trust.