Today, artificial intelligence is widely used to streamline various business operations, and finance management is no exception.

Top AI-powered finance software helps organizations save time and resources by substantially reducing manual work. Moreover, financial AI tools ensure higher accuracy and minimize errors, resulting in next-level efficiency and significant cost savings.

Beyond automating routine tasks within your organization, modern AI solutions offer a variety of advanced features, such as fraud detection and risk management, to name a few. Long story short, here’s the ultimate list of the top AI finance tools to take your business economics to the next level.

The Power Of AI In Finance: Top AI Tools For Finance Professionals

1. Booke: the best AI finance tool for bookkeeping

Robotic AI Bookkeeper by Booke leverages AI-driven RPA and GenAI to automate reconciliation and categorization, saving its users hours of manual work. One of the best AI finance apps on the market today, Robotic AI Bookkeeper understands invoices and receipts no matter the language or currency.

Once you set the frequency of bookkeeping activity, the system integrates with your QuickBooks Online account, synchronizing your company’s bank accounts and credit card feeds. Robotic AI Bookkeeper reviews your bank feeds on the chosen frequency, handling all incoming transactions, from sales to expenses, and ensuring that each of them is automatically coded to the appropriate general ledger account.

Key features of Robotic AI Bookkeeper:

• Client portal
• Month-end close audit
• Task management
• Reconciliation AI assistant
• Automated invoices, bills, and receipts processing
• Secure file sharing
• Regular reviews of new bank transactions
• Auto-categorization of banking transactions
• Continuous self-improvement

Pricing: 

Robotic AI Bookkeeper is available at $50 per month.

2. Greip: the best AI finance tool for fraud detection

If you’re looking for top AI software for fraud detection, consider Greip. Greip is an AI-powered platform that analyzes financial transactions to prevent fraud-related issues. The program provides several useful tools, including IP lookups, VPN detection, phone and email validation, IBAN validation, and others, to help you promptly identify malicious activities.

Greip’s comprehensive dashboard enables users to effortlessly track, monitor, and obtain insights about suspicious IPs, invalid IBANs, fake sign-ups, fraudulent payments, and other events in real-time. A user-friendly interface makes it really easy to navigate and use the tool.

Key features of Greip.io: 

• IP geolocation
• VPN/Proxy detection
• Country lookup
• BIN/In validation
• Payment fraud detection
• IBAN validation
• ASN lookup
• Data validation

Pricing:

Greip offers four plans:

• Free: $0 per month
• Standard: $14.99 per month
• Premium: $29.99 per month
• Pay-as-you-go: a tailored plan for large enterprises

3. Stampli: the best AI finance tool for AP specialists

The next name on our list of the best AI finance tools is Stampli, a robust financial automation platform created for AP teams. The tool can seamlessly integrate with your ERP system, providing a unified environment for advanced invoice management.

Stampli’s AI-driven Billy the Bot™ will learn your accounts payable processes to assist you with invoice capture, coding, approvals, fraud detection, and more. The platform performs manual invoice processing tasks with full human oversight and validation.

Stampli’s smart bot goes far beyond invoice OCR, recognizing the patterns in an organization’s approval processes and cost accounting, including tribal knowledge and edge cases.

Key features of Stampli: 

• Fully automated invoice capture
• Real-time audit trails for monitoring invoice activities
• Unlimited multi-entity support
• Purchase order support
• Vendor portal
• Dynamic approval workflows
• Recurring invoices
• Support for ERP migrations
• International taxes

Pricing:

You need to complete a form on Stampli’s website, specifying the ERP you’re using, number of employees, and some other details to get a custom quote.

4. Trullion: the best AI finance tool for accounting

If you’re looking to embrace the power of AI for accounting, Trullion might be your best candidate to start with. Powered by GenAI, Trullion helps automate lease accounting, audits, revenue recognition, and other workflows within a single platform. The tool analyzes uploaded documents to provide tailored interpretations of IFRS policies and can answer complex financial queries.

In addition to streamlining complex tasks and enhancing accuracy, Trullion is one of the best AI finance software solutions that help organizations effortlessly maintain compliance with regulatory standards. It’s also designed to enable the best business outcomes with automated, configurable reporting and unique insights into financial data.

Key features of Trullion:

• AI-powered data extraction
• Data validation (advanced mathematical checks, version comparison, and discrepancy highlighting)
• Data reconciliation
• Smart reporting and analytics
• Integrations with CRM, billing, and ERP data sources

Pricing:

You need to get in touch with the Trullion team to get a custom quote based on your needs.

5. Truewind: the best AI finance tool for startup and small business accounting

One of the best AI finance software solutions for startups and SMBs, Truewind provides a robust digital back office that offers bookkeeping, financial models, and faster monthly closes. The tool uses artificial intelligence to automate accounting tasks and assist your team in month-end close.

Truewind’s finance back-office functions include all tax filing requirements, from R&D credits to federal income tax. Moreover, the tool provides crucial analytics on your business’s financial health, from assessing current financial metrics to forecasting future performance.

By combining cutting-edge AI technology and human expertise, Truewind simplifies bookkeeping processes, seamlessly integrating them with the tools you already use.

Key features of Truwind:

• AI-powered bookkeeping
• Tax management
• World-class support provided by experienced CPAs
• Seamless integrations with your existing finance stack

Pricing:

You need to contact Truewind for pricing information.

6. Flow: the best AI finance tool for AP automation

Trusted by thousands of customers across the globe, including some well-known market players such as Toyota and P&G, Flow makes finance teams 10x more efficient, reducing hours of data entry to minutes. This innovative AI financial management platform automatically reads invoices and syncs the right information, sending you real-time alerts for events that need your attention.

Flow allows you to easily make domestic and global payments, choosing from ACH debit or credit, wires, cards and wallet payments globally. With Flow, you can pay anytime, using 40+ currencies and all major banks.

Key features of Flow:

• Supporting 300+ document types
• Custom data capture AI
• Annotation services
• Export to MS Dynamic, Salesforce, SAP
• Custom integrations and API responses

Pricing: 

You can choose from three pricing plans:

• Starter: pay as you go, first 500 pages free, then $0.3/page
• Pro: you need to contact the company to get your custom quote
• Enterprise: you need to contact the company to get your custom quote

7. Planful Predict: the best AI finance tool for smart financial decision making

Planful Predict is a comprehensive suite of AI solutions for finance, accounting, marketing, HR, sales, and IT designed to help finance and business leaders make accurate financial decisions. Planful Predict checks for errors, identifies patterns, and augments your team’s efforts with intelligent recommendations powered by a natively integrated AI engine.

According to Planful, their financial AI tool has been created to ensure better and faster financial planning and analysis. It combines prebuilt functionality and flexibility so that you can plan your way, reducing manual input and speeding up planning, budgeting, and forecasting processes across your organization. 

Key features of Planful Predict:

• Prebuilt templates for any planning, budgeting, or financial forecasting
• Real-time self-service reporting
• What-if scenarios to understand key business drivers
• Intuitive collaboration

Pricing:

You need to reach out to Planful to get a custom quote.

8. Glean: the best AI finance tool for automating financial tasks

Built to ensure faster, easier, and smarter accounts payable, Glean is one of the top AI software tools for automating data extraction, coding, bill approvals, and payments for businesses. In addition to automating a range of financial tasks, including data entry, GL coding, and reporting, Glean also delivers valuable insights on spending trends and areas where businesses can save costs.

This software automatically detects duplicate invoices and overcharges and sends alerts on billing errors. You can also leverage Glean’s proprietary benchmarking data to negotiate more lucrative deals with your vendors, driving increased spend efficiency for your company.

Key features of Glean:

• Automated data extraction, accruals, GL coding, bill approvals and payments, prepaid amortizations, and more
• Centralized collaboration and planning
• Syncing bills and bill payments with all top GL systems
• One-click flux analyses
• Spend forecasts and budgeting
• Upcoming renewal notifications
• Vendor benchmarking data on pricing
• Duplicate bill detection

Pricing:

Glean offers two pricing plans:

• Basic (up to 35 bills per month): $295 per month billed annually
• Pro (35+ bills per month): custom pricing

9. Integra Balance: the best AI finance tool for bookkeeping automation

Integra Balance is a leading AI and RPA company specializing in AI solutions for finance and offering an end-to-end suite of solutions covering every aspect of finance automation. Integra Balance’s AI tools for finance are highly scalable and customizable, enabling seamless integration into your existing systems.

The tools they offer include bookkeeping automation AI, AI invoice automation, financial reporting AI bots, email processing AI bots, and others. Built specifically for accounting and bookkeeping firms, Integra Balance provides a tailored AI bookkeeping platform that helps organizations cut their bookkeeping hours by over 91%.

Key features of Integra Balance:

• AI bot-driven bookkeeping
• Automatic reviewing and adding transactions
• Automatic categorization of transactions
• Bank and credit card reconciliation
• Automatic month-end close (monitored by Integra Balance accountants)
• Custom-branded client portal, white-label
• Task workflow management
• Automatic error detection quality control
• Unlimited encrypted document storage
• OCR of receipts and invoices

Pricing:

The cost of Integra Balance’s AI platform starts at $55 per client per month.

10. Fyle: the best AI finance tool for expense management

If you’re in search of an all-in-one expense reporting, credit card reconciliation, employee reimbursement, and AI budgeting tool, look no further than Fyle. This innovative AI finance app will help you save hours of work and close books faster.

Your employees can submit receipts directly through text messages, Fyle’s Mobile App, Gmail, Slack, and more, while you get AI-powered data extraction, rule-based auto-categorization, and coding according to your GL. As a result, you can obtain real-time visibility into card spend, uncovering usage patterns, identifying new opportunities, and eliminating wasted spend. 

Key features of Fyle:

• Creating budgets for different projects, departments, categories, and more
• Automatic detection of out-of-policy expenses
• Centralized storage of billables, expense receipts, and reimbursable expenses
• Automated credit card reconciliation
• Self-serve integrations QuickBooks Online, MS Dynamics 365, NetSuite, Sage Intacct, and Xero
• Business Central

Pricing:

Fyle comes in three tiers:

• Growth: $14.99 per active user per month when billed monthly or $11.99 per active user per month when billed annually
• Business: $17.99 per active user per month when billed monthly or $14.99 per active user per month when billed annually
• Enterprise: custom pricing

11. NetGain Lease Accounting Software: Comprehensive Lease Management Solution

In today’s complex business landscape, managing leases can be a daunting task. With the introduction of new accounting standards such as ASC 842, IFRS 16, and GASB 87, businesses must ensure compliance and accuracy in their lease accounting practices. A reliable lease accounting software can help streamline lease management, reduce errors, and improve financial reporting. If you’re looking for a comprehensive lease accounting solution, consider NetGain Lease Accounting Software.

Key Features of NetGain Lease:

• Compliance management for ASC 842, IFRS 16, and GASB 87
• Centralized lease data management
• Automated amortization schedules and journal entries
• Disclosure reporting and audit trails
• Integration with ERP systems like NetSuite, SAP, and Oracle
• Asset management and payment scheduling

Conclusion

As you can see, each solution on our list of the best AI finance software offers a unique set of functionalities that make it different from others. So, when choosing a tool for your company, make sure it meets your needs and business size, and, of course, consider your budget.

We hope our independent evaluation will help you select the best AI finance app for your business.