Bench + SEC Compliance: Complete Workflow
Preparing for sec compliance and using Bench? Registered investment advisors, broker-dealers, and public companies need bank statement data for SEC compliance, custody verification, and regulatory examination responses. BankScan AI bridges the gap between your bank's PDF statements and Bench's import feature.
BankScan AI → Bench for SEC Compliance
Convert bank statement PDFs to CSV formatted for Bench import. Convert financial institution statements to structured spreadsheets for SEC examination preparation, custody audits, and regulatory filing support.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload 12-36 months for SEC examination document requests; custody rule compliance requires ongoing quarterly verification of statements.
AI formats for Bench
Output as CSV with Date, Description, Amount — Bench bookkeepers handle column mapping during their review process — dates in MM/DD/YYYY.
Import and use for sec compliance
Upload into Bench and use the reconciled data for sec compliance.
Supported Banks
BankScan AI works with all major UK and US banks, including:
Bench + SEC Compliance Features
- Bench ready — Output formatted as CSV matching Bench's expected column structure
- Smart integration — Bench bookkeepers can use BankScan AI's pre-structured data to speed up categorisation, reducing the typical 5-day turnaround to 1-2 days for historical catch-up bookkeeping.
- Built for SEC Compliance — Convert financial institution statements to structured spreadsheets for SEC examination preparation, custody audits, and regulatory filing support.
Import for SEC Compliance into Bench
After converting your bank statements for sec compliance:
- Share BankScan AI's converted CSV files with your Bench bookkeeper via the Bench portal
- They import the data into your Bench account for categorisation and reconciliation
Common Import Issues
Bench's human bookkeepers handle most import issues. Main challenge is when bank feeds disconnect — BankScan AI serves as the backup data source for gap periods.
Bench Import for SEC Compliance
SEC document request responses typically due within 1-2 weeks during an examination; failure to produce records promptly can escalate the examination scope
Convert for Bench + SEC Compliance