Solicitors + Investor Reporting: The Challenge
As solicitor, preparing bank statements for investor reporting is a common but time-consuming task. Investors and VCs request bank statements during due diligence and ongoing reporting. Presenting raw PDF statements looks unprofessional and slows the process.
How BankScan AI Helps Solicitors with Investor Reporting
Convert client and third-party bank statements to searchable, sortable Excel spreadsheets for faster case analysis and evidence preparation. For investor reporting specifically, BankScan AI extracts Monthly burn rate, cash runway in months, revenue growth trajectory, customer co automatically.
How Solicitors Handle Investor Reporting
When preparing bank statements for investor reporting, solicitors need to Solicitors receive bank statements as part of financial disclosure in family, fraud, or commercial litigation. They review statements to trace assets,. BankScan AI automates the data extraction step.
Key terms you'll encounter: financial disclosure, Form E, asset tracing, client account reconciliation.
How It Works
Upload bank statement PDFs
Supports all major banks. Upload 12-24 months for due diligence; monthly or quarterly for ongoing investor reporting and board updates of statements for investor reporting.
AI extracts what you need
Our AI extracts Monthly burn rate, cash runway in months, revenue growth tra — formatted for solicitors workflows.
Complete your investor reporting work
Download Excel files ready for investor reporting. Clean monthly summary with MRR/ARR reconciliation against bank deposits, burn rate trend, and cash runway calculation; presentation-ready for board decks
Supported Banks
BankScan AI works with all major UK and US banks, including:
Features for Solicitors — Investor Reporting
- Built for Solicitors — Saves 1-2 hours per case on financial disclosure analysis, with complex matrimonial cases saving up to 4 hours per set of statements
- Software compatible — Output works directly with Clio, LEAP Legal Software, PracticeEvolve
- Built for Investor Reporting — Convert your bank statements to clean Excel spreadsheets for professional investor reporting, burn rate analysis, and due diligence document preparation.
- Key data extracted — Monthly burn rate, cash runway in months, revenue growth trajectory, customer concentration risk, related party transactions, founder salary and expenses
Compliance: Solicitors + Investor Reporting
When solicitors prepare bank statements for investor reporting, specific compliance requirements apply.
- SRA Accounts Rules require solicitors to reconcile client account bank statements within 5 weeks of the statement date. Failure to comply can result in regulatory action including fines or intervention. Anti-money laundering checks under the Proceeds of Crime Act 2002 also require scrutiny of client bank transactions.
- Legal basis: Companies Act 2006 section 431 (right of shareholders to inspect accounts); EIS/SEIS compliance requirements under ITA 2007 for tax-advantaged investors
Investor Reporting — Built for Solicitors
Due diligence typically runs 4-8 weeks with a tight data room deadline; ongoing investor reports are usually expected within 15 days of month-end
Try Free — Solicitors + Investor Reporting