AI is everywhere in accounting and finance right now. Teams are being asked to do more with less; close the books faster, reduce errors, and get better insights, but the manual work just keeps piling up. At the same time, there are so many tools on the market that it’s hard to know which ones actually work and which are just hype.

In a 2023 Financial Services GenAI Survey, Ernst & Young found that nearly all (99%) of the financial services leaders surveyed reported their organizations were deploying artificial intelligence (AI) in some manner, and all respondents said they are either already using, or planning to use, generative AI (GenAI) specifically within their organization. 

Fast forward to 2025, and the momentum continues to grow. A recent Nvidia State of AI in Financial Services report found that 60% of executive leadership acknowledges the value of AI in driving business success.

According to the 2025 AI Momentum Report, commissioned by Vic.ai, 72% of the nearly 800 AP professional respondents stated that they were already using some form of AI within their financial processes and day-to-day work.

That’s why we put this list together. It’s a rundown of 18 AI tools that can actually help with real problems in finance and accounting, things like automating invoices, improving forecasting, or reducing time spent on close. The goal is to make it easier for you to see what’s out there and decide what might be worth trying in your own team.

18 AI tools for accounting and finance you should know

With so many tools on the market, it’s hard to know what’s worth your time. Below we’ve pulled together 18 AI solutions that are actually making a difference in accounting and finance.

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For research and data:

1. Datarails

Datarails helps accounting and finance teams work smarter by turning messy, manual reporting into streamlined, AI-powered insights. It pulls data from ERPs, CRMs, banks, and spreadsheets into one real-time source of truth, cutting down hours of prep. With its built-in AI assistant, teams can ask questions in plain language, surface key trends instantly, and generate clear reports and visuals without leaving Excel.

Key features:

• Real-time consolidation: pulls data from ERPs, spreadsheets, and CRMs into a single source of truth.
• Excel-first interface: works within Excel so teams don’t have to abandon familiar workflows.
• Scenario modeling and forecasting: supports “what-if” analysis and predictive planning.
• Custom dashboards and reporting: lets users build visuals, metrics, and share insights easily.
• Multi-entity and consolidation support: handles multiple legal entities, currency conversions, and roll-ups.

2. AlphaSense

AlphaSense is a market intelligence and search platform backed by significant investment, including $100 million from Google parent Alphabet. For finance teams, AlphaSense offers AI tailored to the financial industry, supporting research into market trends, asset management, investments, corporate banking, private markets, and financial reports.

Key features:

• Deep search across financial & regulatory documents (earnings calls, filings, research)
  
• Natural language intelligence: surface insights with keyword or semantic queries
  
• Trend alerts & watchlists: get notified when topics or companies shift
  
• Document analytics & summarization: auto-summaries of long reports
  
• Integration into workflows: embed insights into dashboards, slides, or models

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For regulatory and compliance:

3. Ascent

Ascent is a regulatory compliance data platform for financial services. Staying on top of obligations can be time-consuming and complex; Ascent uses AI to analyze regulatory data and text, pinpointing the rules most relevant to an organization’s specific needs. It also helps compliance teams understand emerging tax concepts across jurisdictions so they can stay aligned with evolving requirements.

Key features:

• Regulation rule-mapping: maps high-level rules to your risk profile & control areas
  
• Text intelligence: reads regulatory text, identifies applicability by business line
  
• Change monitoring: surfaces updates across jurisdictions automatically
  
• Workflow and task tracking: assigns and tracks obligations across teams
  
• Dashboard and reporting: shows compliance gaps, upcoming deliverables, risk exposure

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For auditing:

4. MindBridge

MindBridge equips audit teams with AI-powered precision. Instead of relying on manual sampling, it analyzes 100% of transactions, assigning risk scores with its Ensemble AI engine to flag anomalies and outliers—without replacing auditor judgment. Dashboards and visual workflows help auditors spot trends, prioritize high-risk areas, and streamline planning and execution.

Key features:

• 100% transaction coverage: analyzes all records, not just a sample
  
• Anomaly & risk scoring: flags unexpected patterns or outliers for review.
  
• Prebuilt AI models & controls: includes built-in statistical, ML, rule-based tests.
  
• Visual dashboards & insights: intuitive visuals to guide audit focus and review.
  
• Integration support: supports data ingestion from ERPs or other financial systems.

5. Trullion

Trullion simplifies revenue recognition, lease accounting, and audit workflows with AI. It helps teams report revenue accurately, perform AI-powered audits, and manage lease data while ensuring compliance with ASC 606 and IFRS 15. For finance leaders, this provides better visibility into tax concepts and ensures that revenue recognition aligns with global standards.

Key features:

• Contract data extraction: AI reads lease/revenue contracts to pull key terms & clauses
• Lease & revenue automation: handles ASC 842 / IFRS 16 lease accounting and ASC 606 / IFRS 15 revenue workflows
• Journal entry generation: pushes compliant entries and disclosures into ERP systems
• Audit-ready traceability: links source document to accounting entries and preserves audit trail
• Collaboration and review: workflows, versioning, alerts for stakeholder review

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‍For autonomous invoice processing and bill pay:‍

6. Vic.ai

Vic.ai helps finance teams work smarter by making accounts payable truly autonomous. Instead of manually keying in, coding, and routing invoices, its proprietary AI learns from past decisions to process and approve them automatically — cutting AP workloads by up to 80%. From automated invoice scanning to payment by card, check, or ACH, everything flows seamlessly through the Vic.ai platform, with integrations into all major ERPs. That means less time chasing invoices, more time focusing on strategy.

Key features:

• Autonomous invoice processing: extracts, codes, and posts invoices with minimal manual intervention.
• PO matching and exception handling: links invoices to purchase orders and flags discrepancies.
• Approval workflows: intelligently route invoices for review and final sign-off.
• Real-time analytics and benchmarking: dashboards show processing metrics, bottlenecks, and cost benchmarking.
• Seamless ERP integrations and open API: built to connect with a variety of ERP systems and support extensibility.

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‍For the month-end close:‍

7. Numeric

Numeric turns the month-end close from a manual sprint into a smooth, AI-assisted process. By connecting to ERPs like NetSuite and Xero, it pulls in live transaction-level data so reconciliations happen in real time. Purpose-built tools — like task dependencies, audit trails, and reusable templates — help teams reclaim days every cycle.

Key features:

• Task & checklist management tailored for month-end close: assign, track, and manage dependencies.
• Automated reconciliations: match and validate account balances with minimal manual effort.
• AI-powered flux (variance) analysis: auto-draft explanations or flags for unusual movements between periods.
• Journal entry linking and context: tasks and entries are tied to close steps for better traceability.
• Real-time dashboards & audit trail: visibility into close progress, blockers, and full task history.

8. HighRadius

HighRadius is a leader in invoice-to-cash applications, positioning its platform for the “office of the CFO.” With predictive AI, it supports accounts receivable, treasury management, account reconciliation, and the close process — an enterprise-level solution with broad functionality for autonomous finance. Its integrated invoice management system helps reduce manual touchpoints while improving visibility across receivables.

Key features:

• End-to-end AR and receivables automation: from invoice to cash, collections, and dispute management.
• AI & ML decisioning: automates remittance matching, predicts deductions, and prioritizes collections.
• ERP-agnostic integration: connects with a broad set of ERP and legacy systems.
• Analytics and KPI tracking: visual metrics like DSO, cash flow, aging, and exception trends.
• Scalable architecture: suits mid-size to enterprise firms, handling large transaction volumes.

9. Rillet

Rillet is an AI-native ERP designed to simplify the close. It connects with tools like Salesforce, Stripe, and Brex to automate journal entries, revenue recognition, reconciliations, and consolidations—helping teams close books in days instead of weeks. With real-time GAAP-compliant financials and customizable workflows, Rillet reduces manual effort and gives teams the clarity and strengthens supplier management by tying financial data to operational systems.

Key features:

• Native integrations with finance stack: Connects with CRM, AP, tax, payroll, and payment systems.
• Automated general ledger & close: Streamlines entries, consolidations, and close workflows.
• Multi-entity and multi-currency support: Manage multiple legal units and varied currencies in one system.
• Revenue and recognition automation: Automates ASC 606 / IFRS 15 workflows, accruals, and disclosures.‍
• Audit trail and custom reporting: Full versioning of entries, trail back to sources, and customizable dashboards.

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For financial advisors:

10. Gridlex Sky

Gridlex Sky provides cloud-based solutions with AI-driven support for invoicing, credit control, and forecasting in B2B environments. It specializes in multi-currency transactions, expense management, and calculation management.

Key features:

• Invoicing and credit control: manage billing cycles, invoice issuance, and credit assessments.
• Multi-currency support: handles cross-border transactions and currency conversions.
• Forecasting and analytics: predictive cash flow modeling and trend tracking.
• Expense and calculation management: automates expense allocations and rate calculations.
• Cloud-based architecture: accessible from anywhere, scalable for growing firms.

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For work collaboration:

11. Karbon

Karbon is a collaborative cloud platform for accounting practice management. It offers project management, workflow automation, calendar integrations, and client management tools. Its AI assistant, KarbonAI, helps summarize client communications like emails and comments.

Key features:

• Email summarization & drafting: Auto-summarize long threads and generate draft replies.
• Inbox prioritization: Assesses urgency, sentiment, tone to rank emails needing attention.
• Smart task suggestions: Auto-suggest assignees, time estimates, and deadlines from past workflows.
• Practice intelligence and analytics: Delivers insights on profitability, staff capacity, client health.
• Integrated tax workflow automation: Supports end-to-end tax tasks, from intake to filing and extensions.

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For spreadsheet work:

12. Rows

Rows is a modern spreadsheet editor that integrates AI (including ChatGPT) to build spreadsheets faster and analyze or summarize data. It also enables form and dashboard building and integrates with a wide range of business software.

Key features:

• Built-in AI functions: Summarize, classify, translate, and generate content directly inside the sheet.
• Data integrations and APIs: Connect via GET/POST/PUT, integrate external sources seamlessly.
• Interactive elements and dashboards: Embed charts, buttons, forms to make sheets dynamic.
• Predictive and scenario analysis: Run what-if forecasts and spot outliers with AI support.
• Real-time collaboration and sharing: Workspaces, permissions, live editing, and view modes.

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For financial fraud:

13. Signifyd

Signifyd offers a payment optimization platform that automates risk decisioning, handles exemption management, protects against chargebacks, and manages payment recovery. Though focused on commerce and merchants, it brings AI-powered fraud detection capabilities to financial workflows.

Key features:

• Payment risk decisioning: instantly assess whether a transaction is risky or safe.
• Chargeback protection: helps absorb or reduce costs from fraudulent claims.
• Automation of exemptions: manage rules for trusted/low-risk customers automatically.
• Recovery workflows: support identifying recoverable funds or reversed charges.
• Integration with commerce/ERP: plug into payment, order, or accounting stacks.

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For tax compliance:

14. Blue dot

Blue dot is an all-in-one tax compliance platform that uses deep learning to give finance teams a 360-degree view of employee-driven transactions. It tracks global expenses to uncover VAT recovery opportunities and helps manage complex regulations tied to taxable employee benefits (TEB), reducing the risk of compliance gaps.

Key features:

• Deep-learning expense analysis: Classifies and audits employee transactions.
  
• Global tax & VAT tracking: Monitors cross-jurisdiction tax compliance for expenses.
  
• Benefits and perks compliance: Tracks taxable benefits and ensures correct reporting.
  
• Real-time alerts and dashboards: Surface anomalies or gaps immediately.
  
• Aggregated compliance view: Unified visibility into employee-driven financial flows.

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For entrepreneurs and founders:

15. Truewind

Truewind is an AI-powered bookkeeping and financial platform positioned as end-to-end CFO support for startup founders and entrepreneurs. Its “CFO copilot” reviews monthly financial health, assists with budgets, and even helps review vendor contracts, while also managing tax credits and filing.

Key features:

• Automated bookkeeping: Handles transaction categorization, posting, and ledger updates.
• Real-time financial reporting: Live dashboards showing current P&L, balance sheet, and cash flow.
• Forecasting and budgeting: Predictive tools to project future revenue, costs, and cash needs.
• AI-driven error detection: Flags discrepancies and potential misclassifications.
• Integration capabilities: Connect with existing financial systems for cohesive data flow.

16. Zeni.ai

Zeni.ai is another AI-powered bookkeeping solution built for founders and fractional CFOs. It supports tax, bill pay, expense reimbursements, and traditional bookkeeping—providing a finance back office tailored for startups.

Key features:

• AI bookkeeping and reconciliation: automates categorization and daily reconciliation.
• Real-time financial insights: live dashboards with cash flow, burn rate, revenue, etc.
• Bill pay and expense automation: process vendor invoices, reimbursements, and approval flows automatically.
• Dedicated finance team backing: human review & support alongside AI to ensure accuracy.
• Multi-entity and scaling support: built to grow with startups, supports multiple accounts/entities.

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For small businesses:

17. Xero

Xero is a go-to choice for small businesses that want AI benefits without the complexity of enterprise systems. Its AI-powered tools handle the basics—like automated invoice scanning or scanning receipts, coding transactions, and reconciling bank feeds—so owners and small teams can stay on top of their books with less effort and fewer errors. Its built-in AI assistant, JAX (Just Ask Xero), also surfaces insights and automates workflows through natural language queries.

Key features:

• Smart reconciliation: learns from your history and suggests matches between bank transactions and the ledger.
• Conversational AI assistant (JAX): allows users to ask accounting tasks (create an invoice, check cash flow) via natural language.
• AI agents for domain tasks: behind-the-scenes agents handle bookkeeping automation, payment analysis, and sector tasks.
• Integrated analytics: surfaces trends, insights, and alerts on cash flow and business health.
• Automation of routine workflows: data entry, invoice management, and payments streamlined.

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For offshore outsourced accounting:‍

18. Klarity

Klarity provides an AI-driven alternative to traditional outsourcing for accounting. It handles processes and compliance workflows on a 24/7 model, allowing teams to scale operations and reduce dependency on offshore business process outsourcing. With strong supplier management features, Klarity also makes it easier for teams to track vendor activity and ensure accurate reporting across distributed operations.

Key features:

• Document-to-data automation: reads contracts, invoices, and POs, extracts structured data.
• Real-time validation and audit readiness: checks data across systems, logs audit trails, and flags inconsistencies.
• Exception and workflow routing: routes unverified or problematic items for human review. i
• Revenue accounting support: identifies revenue impacts in contracts (e.g., for ASC 606) and assists revenue teams.
• Process mapping and analytics: maps accounting workflows, shows inefficiencies, and suggests optimization paths.

Smarter tools, stronger finance teams

AI in accounting and finance is no longer optional; it’s becoming the standard. From accounts payable automation to smarter invoice management systems and stronger supplier management, these tools are helping teams cut manual work, stay compliant with evolving tax concepts, and move faster with fewer errors.

The challenge isn’t whether to use AI, it’s choosing the right solutions for your needs. Start small, focus on one area like automated invoice scanning or month-end close, and build from there. By testing and adopting the right mix of tools, finance teams can spend less time on repetitive work and more time driving strategy and growth.

FAQs about AI tools for accounting and finance

1. How do I choose the right AI tool for my finance team?

Start by pinpointing your biggest workflow challenge, like invoice automation or month-end close. Then, evaluate AI tools that solve that specific issue, ensuring they integrate seamlessly with your existing ERP or accounting system.

2. Are AI finance tools secure enough for sensitive financial data?

Yes, most trusted vendors use enterprise-grade encryption, compliance frameworks like SOC 2 or ISO 27001, and access controls. Always review a vendor’s security certifications and data handling policies before adoption to ensure regulatory and privacy compliance.

3. Do these AI tools replace accountants or just support them?

They support rather than replace. AI automates repetitive, time-consuming tasks like reconciliations, data entry, or invoice coding, freeing accountants to focus on analysis, compliance, and strategic planning, areas where human judgment and expertise are essential.

4. Can small businesses benefit from AI in accounting?

Definitely, tools like Xero or Truewind make bookkeeping, expense tracking, and invoice processing more efficient. Even small teams can save hours of manual work, reduce costly mistakes, and access insights that were previously limited to larger enterprises.

5. How quickly can teams see ROI from AI adoption in finance?

Most teams experience measurable benefits, such as reduced close cycles or lower accounts payable workloads, within three to six months. ROI typically comes from saved time, fewer errors, and faster access to actionable financial insights.

‍This article originally published February 2024, and was updated September 2025.