Top tools for finance: budgeting, investments, analytics, and automated trading solutions.
So, you've probably heard about AI shaking up just about every industry out there, right? It's wild how much tech is transforming our daily lives. Well, finance is no exception.
Why AI in Finance?
I was just as skeptical as the next person when I first heard about AI tools for finance. I mean, can a computer really make smarter financial decisions than a human? Turns out, the answer is a resounding yes. AI has been a game-changer, offering everything from expense tracking to investment advice.
Tracking Expenses Made Easy
If you're anything like me, managing finances used to be a headache. Remember the days of maintaining an Excel sheet or jotting numbers in a ledger? Those are long gone. AI tools now automate the grunt work, helping you track expenses in real-time, categorize spending, and even spot unusual activities.
Investing with Confidence
What's even cooler is how AI is taking the guesswork out of investing. Whether you're a seasoned investor or just dipping your toes in the stock market, there are AI tools designed to help you make informed decisions. They analyze market trends, predict stock performance, and offer personalized advice.
Ready to dive in? Let's explore some of the best AI finance tools out there!
181. Inwisely
182. Circler
183. Simpla AI
184. Cantax
185. Dili Ai
186. AI Spend
187. Respaid
188. Stockpulse
189. Slicker
190. Player2.Tax
191. Alpha By Public
192. Subscribed.fyi
193. FinanceRants for real-time investment tracking alerts
194. Moonbeam Exchange for decentralized trading strategy optimization
195. Monarch for expense tracking and reporting automation
Inwisely is a tool designed to streamline invoice communications, payment follow-ups, and accounts receivable management. It aims to improve cash flow by 40%, collection effectiveness by 45%, and decrease Days Sales Outstanding (DSO) by 30%. Inwisely offers features like actionable insights on overdue invoices, real-time receivable analytics, automated payment reminders, customer-specific workflows, accounting tool integration, excellent tech support, and debtor categorization. It also provides different pricing tiers, such as the Standard plan at $139/month and the Standard Plus plan with additional features like on-premise deployment, email intelligence, and unlimited users. Inwisely is trusted by brands across startups, small to medium-sized businesses (SMBs), and mid-market companies. It integrates with various accounting tools and boasts a high success rate in getting invoices paid on time.
Paid plans start at $139/month and include:
Circler.io is an AI-powered accounting software tailored to streamline bookkeeping tasks for small to medium-sized businesses and self-employed professionals. It acts as a proficient bookkeeper, simplifying functions such as receipt processing, compiling transactions, and documenting accounting journal entries. The platform automates tasks like automatic logging and categorization of transactions using AI technology, thereby enhancing efficiency and accuracy in expense tracking. Circler.io is designed to be user-friendly, with prompts that guide users through various operations without the need for an in-depth knowledge of accounting language.
Circler.io's mission is to simplify bookkeeping for freelancers and small businesses by providing an easy-to-use tool that offers clarity, efficiency, and peace of mind. The platform's values include building customer trust, making strategic decisions, and delivering customer value. With a focus on small businesses and freelancers who struggle with bookkeeping, Circler.io aims to save users time and money, allowing them to concentrate more on business growth.
In summary, Circler.io utilizes AI to automate tasks like receipt processing, transaction compiling, and accounting journal entry recording, making it beneficial for self-employed professionals and small to medium-sized businesses. The platform's user-friendly interface and personalized dashboard offer real-time financial insights and reports, empowering users to make informed decisions with ease .
Simpla AI is an all-in-one financial tool designed to help manage business finances and make informed decisions. It incorporates three innovative tools in one platform: Advise, Process, and Analyse.
Advise provides personalized tax advice efficiently, Process leverages AI to automate tasks like scanning invoices and validating VAT, while Analyse offers insights by analyzing financial statements. Simpla AI is powered by a robust AI system trained by financial experts, ensuring bespoke business insights in seconds.
Moreover, Simpla AI offers different plans like Trial, Enterprise, and Starter to cater to various business needs, allowing users to access cutting-edge financial tools and embrace the benefits of AI in financial management. The tool aims to save time and money, aid in scaling business growth, and ensures data security for users. Currently, the tool supports tax data from countries like UAE, KSA, Bahrain, Qatar, Egypt, and Oman, with plans to expand to more countries in the future.
CanTax is an AI-powered tool created to provide instant and personalized guidance on Canadian personal income tax. The platform aims to simplify tax-filing processes by offering 24/7 access to comprehensive knowledge of federal and provincial tax legislation. It features a personalized approach tailored to individual financial needs, emphasizing privacy and security with industry-leading encryption protocols to protect users' personal information. CanTax AI offers a user-friendly chat interface for Canadians to ask tax-related questions and receive immediate assistance, ultimately helping users better understand tax regulations and alleviate stress associated with tax filing. While CanTax AI provides valuable general information, it does not offer professional tax advice, and users are encouraged to consult certified tax advisors for personalized guidance before making any tax-related decisions.
"Dili AI" is an AI-powered diligence platform specifically designed for Private Equity and Venture Capital deal teams. It enhances investment decision-making by applying AI techniques to analyze company data rooms, internal proprietary knowledge, and external data sources. Dili assists in deal screening, preparing lists of comparable companies, identifying red flags, and facilitating faster evaluation of deals. The platform uses advanced AI techniques such as text extraction, comparison, and generative AI to support data-driven investment decisions.
AI Spend is a tool designed for individuals and organizations utilizing the OpenAI API to manage their usage and expenses effectively. It provides features such as Fast Insights for quick registration and access to information, a Beautiful Dashboard for centralized data viewing, Cost Insights to monitor OpenAI costs, Be Notified for spending notifications, and Usage Analytics to track usage trends over time. AI Spend ensures transparency and security with encrypted storage of API keys and the ability to delete data, including usage history, at any time. The service offers straightforward pricing with no hidden costs, and the OpenAI API calls for retrieving usage history are free.
Respaid is an AI-powered tool designed to assist businesses in collecting small outstanding debts. It focuses on respectful and efficient debt recovery, with key features including accessibility to all debts regardless of amount, user-friendly payment processes for debtors, and a commitment to transparent and customer-centric operation. Respaid aims to recover 50% of outstanding debts within 20 days, ranging from small amounts of $5 to larger debts up to $5,000. Businesses in various industries like SaaS, subscription-based services, and marketplaces can utilize Respaid, which treats all debts from $5 to $5,000. The tool enables direct payments from debtors to businesses, promotes fair and upfront pricing, and provides hassle-free, respectful debt collection services.
Stockpulse is a pioneering platform in financial news and social media analytics since 2011. It utilizes Artificial Intelligence to collect, filter, match, score, and augment unstructured data from various sources like social media, message boards, news, and company filings. Stockpulse has a long history of data collection, with one of the most extensive and diversified coverage of financial media sources globally. The platform assists in decision-making for various sectors in the financial markets by analyzing alternative data from online sources with AI and machine learning. Stockpulse offers services to sectors such as Quantitative Asset Management, Brokers, Exchanges and Financial Regulators, Private Equity & Family Offices, Reputation Management, Cryptocurrency Markets, and Cyber Intelligence. It leverages large language models for analysis and provides solutions like AI Alpha Signals, Industry Analyzer, and Crime & Cyber Intelligence, emphasizing the use of AI and Deep Learning methods to enhance decision-making processes.
Slicker is a modular payments platform that integrates with existing solutions, providing benefits such as single integration for accepting payments, global coverage for local payment methods, smart routing based on ML-powered insights, reconciliation and settlement features, in-depth analytics, and reports with alerting functionalities. It aims to help businesses unify payment flows, enhance checkout experiences, expand subscription services, integrate payments into platforms and marketplaces, and improve overall payment performances. The team behind Slicker includes individuals with deep expertise in the payments space.
Player2.tax is an AI tax chatbot developed to assist users in navigating Australian taxation data and legislation. It aims to answer a variety of tax-related inquiries, such as accessing superannuation, lodging taxes, and understanding franking credits for Australian shareholders. The tool is in the beta phase and continually undergoing training, so users are advised to research independently as responses may not always be accurate or comprehensive. Player2.tax does not provide legal advice, and users are encouraged to consult certified tax experts for personalized advice. Feedback from users is welcomed for continuous improvement, and the tool emphasizes that it is primarily for research and development purposes .
Paid plans start at $29/month and include:
Alpha By Public is an artificial intelligence-based investment exploration tool provided by Public Holdings, Inc. It aims to enhance investment research by providing real-time and historical data on various assets, including stocks, ETFs, and cryptocurrencies. Alpha is powered by GPT-4, a generative large language model from OpenAI, enabling it to understand and generate natural language for delivering market analysis and insights in a user-friendly manner. The tool offers access to a wide range of data such as quote data, financials, fundamentals, analyst recommendations, news, commentary, and real-time market trends for over 9,000 stocks. Additionally, users can utilize Alpha for real-time market screening and to purchase fractional shares of fine art, collectibles, and other alternative assets. It also provides information on analyst ratings, reports, social sentiment analysis, and structured financial data among its features. However, it is important to note that Alpha, as an experimental technology, may occasionally provide inaccurate information, and its output should be used as an aid for financial analysis rather than as definitive investment advice.
"Subscribed.FYI" is a subscription management tool that helps users track and manage their subscriptions efficiently. It offers different plans with varying features and benefits, such as tracking a certain number of subscriptions, financial connections, and team members, as well as providing insights and savings opportunities. Users can save money on unused subscriptions and optimize their expenses. The tool also offers a 30-day money-back guarantee, the ability to upgrade or downgrade plans easily, and discounts for NGOs, teachers, and students . Additionally, Subscribed.FYI includes deal discovery for smart savings, AI-powered instant search, and transparency in showcasing products chosen by real user intent .
Paid plans start at $29/month and include: