Find AI Tools
Lido AI screenshot

What is Lido AI?

Lido AI converts data from PDF files directly into Excel spreadsheets, designed specifically for finance teams who regularly work with invoices, statements, and other financial documents. Instead of manually copying numbers from PDFs, you can upload a file and have the tool extract and structure the data automatically. This saves time on data entry and reduces the chance of transcription errors. The tool handles the common finance workflows where PDF documents need to become usable data in spreadsheets.

Key Features

PDF-to-Excel conversion

automatically extracts tabular and structured data from PDF files and formats it into Excel

Data extraction

identifies and pulls financial figures, dates, line items, and other key information from documents

Template recognition

learns common document formats to improve accuracy on repeated document types

Free tier access

full conversion functionality available without payment

User-friendly upload process

simple file upload interface requiring no technical setup

Pros & Cons

Advantages

  • Saves significant time on manual data entry for finance teams processing multiple PDFs regularly
  • Reduces errors that occur during manual transcription of financial data
  • No cost to use at the free tier, making it accessible for small teams and individuals
  • Straightforward interface; no complicated configuration needed to get started

Limitations

  • Conversion accuracy may vary depending on PDF quality, formatting, and complexity of the source document
  • Limited information available about how the free tier handles large batch conversions or document volume limits
  • May require manual cleanup or verification of extracted data, particularly for non-standard PDF layouts

Use Cases

Finance teams converting monthly invoices and statements from vendors into Excel for accounting reconciliation

Accountants processing bank statements and transaction reports from multiple financial institutions

Finance administrators compiling expense reports submitted as PDF scans into consolidated spreadsheets

Teams importing data from financial PDFs into Excel before further analysis or integration with accounting software

Expense tracking when receipts and financial documents arrive as PDF attachments