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Automated Bank Statement Analysis Using GPT, Python and Langchain

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  Introduction In the rapidly evolving landscape of financial management, the ability to swiftly extract and analyze transaction data from bank statements is indispensable. This project showcases a dynamic solution that merges cutting-edge technologies – Python programming and GPT models and Langchain – to automate the extraction of transaction information from bank statement PDFs. By harnessing the power of image processing, Optical Character Recognition (OCR), and the GPT-4 model, this project streamlines the traditionally laborious task of poring over bank statements. The resulting automation not only saves valuable time but also enhances the accuracy of transaction data extraction, contributing to more efficient financial record management. In this article, we will delve into the step-by-step breakdown of the code, highlighting how each stage contributes to the creation of this automated bank statement analysis tool. Aim of the Project At its core, this project aims to develop a so