AI Finance Tools

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!

The best AI Finance Tools

  1. 181. Inwisely

  2. 182. Circler

  3. 183. Simpla AI

  4. 184. Cantax

  5. 185. Dili Ai

  6. 186. AI Spend

  7. 187. Respaid

  8. 188. Stockpulse

  9. 189. Slicker

  10. 190. Player2.Tax

  11. 191. Alpha By Public

  12. 192. Subscribed.fyi

  13. 193. FinanceRants for real-time investment tracking alerts

  14. 194. Moonbeam Exchange for decentralized trading strategy optimization

  15. 195. Monarch for expense tracking and reporting automation

197 Listings in AI Finance Tools Available

181 . Inwisely

Inwisely streamlines invoicing and payment follow-ups, improving cash flow and reducing Days Sales Outstanding by 30%.

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.

Pricing

Paid plans start at $139/month and include:

  • Actionable Insights on overdue invoices
  • Real-time Receivable analytics
  • Automated payment reminders
  • Customer-specific workflows
  • Accounting Tool Integration
  • Excellent Tech support

182 . Circler

Circler.io streamlines bookkeeping via AI, automating transaction logging and receipt processing for small businesses and freelancers.

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 .

183 . Simpla AI

Simpla AI manages business finances and offers tax advice, automated tasks, and financial insights with robust security.

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.

Pros
  • Powerful AI trained by financial experts
  • Bespoke business insights in seconds
  • Personalised tax advice
  • AI-powered computer vision tool
  • Automation for financial systems
  • Unlock business insights
  • Customisable analysis
  • Optimize operations
  • Financial tech for growth
  • Save time & money
  • Grow business on your terms
  • Secure data
  • Fast assessment of tax advice
  • Effortless compliance validation
  • Implementation of game-changing financial technology
Cons
  • No mention of specific features like real-time collaboration or integrations with other software
  • Pricing may not justify value for money compared to other AI tools in the industry
  • Limited tax jurisdictions supported (currently only UAE, KSA, Bahrain, Qatar, Egypt, and Oman)

184 . Cantax

CanTax simplifies Canadian personal income tax with 24/7 AI guidance, offering secure, personalized help via a user-friendly chat.

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.

185 . Dili Ai

Dili AI enhances Private Equity and Venture Capital decisions by analyzing data rooms and identifying red flags.

"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.

186 . AI Spend

AI Spend manages OpenAI API usage and expenses with a dashboard, cost insights, notifications, and usage analytics.

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.

Pros
  • Fast Insights: Register an account and get insights within 1 minute
  • Beautiful Dashboard: Centralized data viewing
  • Cost Insights: Clear understanding of OpenAI costs
  • Be Notified: Receive daily, weekly, and monthly spending notifications
  • Usage Analytics: Analysis of usage and cost trends
  • Fast Insights: Register an account, add an API key, get insights within 1 minute.
  • Beautiful Dashboard: All your data is centralized into one place.
  • Cost Insights: Get clear insights into how much OpenAI is costing you.
  • Be Notified: Get daily, weekly, and monthly notifications with your spending.
  • Usage Analytics: See what your usage & cost trends are.
  • Fast Insights: Register an account add an API key get insights within 1 minute
  • Beautiful Dashboard: All your data is centralized into one place
  • Cost Insights: Get clear insights into how much OpenAI is costing you
  • Be Notified: Get daily, weekly, and monthly notifications with your spending
  • Usage Analytics: See what your usage & cost trends are
Cons
  • May lack advanced analytics features compared to other AI spend tools
  • No specific cons are mentioned in the document.
  • May not provide detailed insights into specific model usage and performance
  • Limited support for scaling AI spending monitoring to large organizations
  • Potential security concerns related to API key storage and data removal processes
  • The pricing model could be more competitive in relation to features offered
  • Missing features such as automated budget recommendations or spending optimization algorithms
  • May not offer integration with a wide range of AI platforms and tools
  • Dependency on OpenAI API limits versatility for users needing broader AI capabilities
  • Limited notification options may not suit all user preferences
  • One-minute setup might not provide in-depth customization options

187 . Respaid

Respaid efficiently recovers up to 50% of small business debts within 20 days, ensuring respectful and transparent transactions.

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.

Pros
  • Debtors pay the business directly
  • Maximizes successful debt collection
  • Easy to get started
  • No complex integration
  • Electronic payment
  • Transparency focus
  • Customer footprint measurement
  • Respectful to businesses and customers
  • Hassle-free debt collection
  • Accommodates $5 to $5000 debts
  • Recovers 50% of debts within 20 days
  • Single Excel file setup
  • Real-time tracking
  • Automation option
  • White label operation
Cons
  • Customer satisfaction measurement dependency
  • White-label, Limited branding customization
  • Debt data corrections by debtor needed
  • No physical payment option
  • Depends on debtor's electronic payment
  • Recovery limited to 50% of debts
  • Automation requires separate setup
  • No complex integration, reliant on Excel
  • Limited to debts $5-$5000
  • 20 days minimum recovery time

188 . Stockpulse

Stockpulse analyzes financial data from online sources using AI to aid decision-making across various financial sectors.

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.

Pros
  • Financial news analysis
  • Large language models
  • Diverse sector services
  • Multiple solutions available
  • Supports quantitative decision making
  • Utilizes alternative data
  • Global online source analysis
  • Social media sentiment analysis
  • Competitive advantage tools
  • Financial Community Analysis
  • Affords Cyber Intelligence
  • Has LLM Training Datasets
  • Emotional Data Intelligence
  • Detects market sentiments
  • Datasets for many sectors
Cons
  • Over-reliance on sentiment analysis
  • Limited sector-specific solutions
  • Potential bias in language models
  • Dependency on social media data accuracy
  • Scalability on large financial data?
  • Performance during high-traffic periods?
  • Check compatibility with data sources
  • No free trial

189 . Slicker

Slicker unifies payment flows with a modular platform, offering global coverage and ML-powered smart routing.

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.

Pros
  • Backed by
  • Integrates with your existing payment setup
  • Get more out of your payment stack
  • Single integration
  • Global coverage
  • Smart routing
  • Reconciliation and settlement
  • In-depth analytics
  • Reports and alerting
  • Maximize your business top line
Cons
  • No specific cons or missing features mentioned in the document.

190 . Player2.Tax

Player2.tax is an AI chatbot that helps users navigate Australian tax data and legislation.

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 .

Pricing

Paid plans start at $29/month and include:

  • Use of advanced language models including ChatGPT4-Turbo
  • Unlimited messages per month
  • Create unlimited conversations per month
  • Chat against up-to-date taxation information and Edited Private Advice, or your own documents
  • Have Player2 search the web to answer your tax questions
  • Convert response to email with 1 click
Pros
  • Save hours of research time
  • Tax questions answered in seconds
  • High quality responses
  • Private and secure
  • Developed in Australia by Aussies
  • Unlimited messages per month
  • Create unlimited conversations per month
  • Write emails with one click
  • Find tax sources fast
  • Instantly search through Edited Private Advice
  • Upload your own documents
  • No limits on chat, ask as many questions
  • 7 day free trial, and then $29 per month
  • Use of advanced language models including ChatGPT4-Turbo
  • Search through Edited Private Advice instantly
Cons
  • Player2.tax is in the beta phase and continuously undergoing training, so responses may not always be accurate or complete.
  • May not provide legal advice, encouraging users to consult certified tax experts for personalized advice
  • Currently in the beta phase and continuously undergoing training, so responses may not always be accurate or complete
  • Players should acknowledge the disclaimer that the chatbot's answers may not always be accurate and that the tool is primarily for research and development purposes.
  • Given the intricate and ever-changing nature of Australian tax laws, users are encouraged to consult certified tax experts for personalized advice and not solely rely on the chatbot for making tax-related decisions.
  • The tool explicitly mentions that it does not constitute legal advice.
  • No specific cons related to missing features were mentioned
  • The tool explicitly mentions that it does not constitute legal advice, limiting its scope of assistance
  • Users should not solely rely on Player2.tax for making tax-related decisions and are encouraged to consult certified tax experts for personalized advice
  • Player2.tax is currently in the beta phase and continuously undergoing training, which may lead to inaccuracies or incomplete responses
  • Users should exercise caution and conduct their own research, as the chatbot's answers may not always be accurate or complete.

191 . Alpha By Public

Alpha by Public is an AI tool for real-time and historical investment data on various assets.

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.

Pros
  • Real-time data
  • Historical data access
  • Covers stocks, ETFs, crypto
  • Natural language interface
  • Real-time market screening
  • Detailed stock analysis
  • Investment in security baskets
  • Enables fractional share buying
  • Supports fine art, collectibles
  • 9,000+ stocks coverage
  • Company-specific analysis
  • Access quote data
  • Access financials, fundamentals
  • Analyst recommendations
  • Outlooks, news, commentary
Cons
  • Depends on GPT-4's language limitations
  • Experimental technology uncertainties
  • No options for customization
  • Relies on user's financial literacy
  • Possible missed emerging market trends
  • Lack of standalone functionality
  • Limited to assets available on Public
  • No specific data source transparency
  • Not meant for investment advice
  • Potential for inaccurate information

192 . Subscribed.fyi

Subscribed.FYI manages and optimizes your subscriptions, offering savings, insights, deal discovery, and flexible plans with discounts.

"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 .

Pricing

Paid plans start at $29/month and include:

  • Track up to 10 Subscriptions
  • Up to 1 Financial Connection
  • 28-Day Financial Data Refresh
  • Auto-Find Subscriptions
  • Access Spend Insights
  • Leverage Renegotiation Guides
Pros
  • Streamlines agency subscriptions
  • Simplifies handling various tool subscriptions
  • Uncovers hidden expenses
  • Smart subscription management
  • Effortlessly saves money
  • Game-changer for businesses
  • Efficiently saves money
  • Provides re-negotiation service
  • Indispensable tool for hassle-free business growth
  • Simplifies subscription management for freelancers
  • Game-changer for businesses with multiple subscriptions
  • Includes re-negotiation service
  • Simplifies subscription management and uncovers hidden expenses
  • Effortlessly saves money by managing multiple subscriptions
  • Provides a re-negotiation service
Cons
  • No cons were found in the document.
  • No cons or missing features were identified for Subscribed.fyi

193 . FinanceRants

Best for real-time investment tracking alerts
FinanceRants is an innovative platform co-founded by Michael Long and Szabolcs Székely, dedicated to making finance easier for everyone. They recognized that many individuals find financial concepts daunting and often struggle with managing their money. With a commitment to clarity, FinanceRants offers straightforward advice on saving, investing, and understanding financial topics. The platform harnesses the power of technology and artificial intelligence to break down barriers, ensuring that financial information is accessible to a wide range of users. Through a combination of informative content, interactive tools, and personalized guidance, FinanceRants empowers individuals to take control of their finances and make informed decisions tailored to their specific goals and needs.

194 . Moonbeam Exchange

Best for decentralized trading strategy optimization
Moonbeam Exchange is a decentralized exchange (DEX) operating on the Moonbeam network, which is inherently linked to the Polkadot ecosystem. This platform allows users to engage in direct cryptocurrency trades without the intervention of a central authority, fostering a truly peer-to-peer trading experience. By utilizing blockchain technology, Moonbeam Exchange ensures that transactions are secure, efficient, and trustless, which enhances user confidence. Additionally, its integration with the Polkadot network allows for seamless interactions with other blockchains, thereby increasing liquidity and broadening the range of trading opportunities. Users maintain complete control over their assets, which cultivates a transparent and decentralized environment for trading various tokens. Moonbeam Exchange embodies the principles of autonomy and decentralization, making it a valuable tool for cryptocurrency enthusiasts.

195 . Monarch

Best for expense tracking and reporting automation
Monarch is a versatile financial management platform designed to streamline how users handle their finances. It provides a suite of tools that allow individuals and families to manage their money more effectively and collaborate seamlessly with partners or financial advisors, all without incurring additional costs. Accessible via web browsers and mobile apps for both iOS and Android, Monarch empowers thousands of families to attain financial stability with its innovative approach. Utilizing advanced AI technology, the platform automates the organization of financial transactions, offering customizable rules that help users efficiently manage merchant names, categories, tags, and notes. With Monarch, achieving financial clarity and success becomes not only feasible but also convenient.