What is SpendSights
SpendSights is an AI-powered tool that helps users analyze their spendings by processing bank statements, categorizing transactions, and providing financial insights. It uses AI to automatically categorize transactions based on vendor, date, and amount, and allows users to create their own categories and train the AI to recognize similar transactions in the future. The AI-driven tool enables users to track and analyze personal expenses, monitor business spending and budgeting, identify trends in spending habits, manage and organize finances, and generate financial insights and reports.
How to use SpendSights
Users can upload or automatically forward their bank statements to SpendSights. The AI tool automatically categorizes transactions based on vendor, date, and amount, and can self-label and learn from user-created categories.
Key Features
- Automatic categorization: Transactions are categorized based on vendor, date, and amount.
- Self-labeling & learning: Create your own categories and train the AI to recognize similar transactions in the future.
- AI-powered processing: The tool automatically categorizes transactions based on vendor, date, and amount.
Frequently Asked Questions
How does SpendSights use AI to categorize my transactions?
SpendSights uses AI to automatically categorize transactions based on vendor, date, and amount, and you can also create your own categories and train the AI to recognize similar transactions in the future.
### Can I personalize the AI's recognition of transactions?
Yes, you can create your own categories and train the AI to recognize similar transactions in the future, allowing you to personalize the categorization process.
### How does SpendSights ensure the accuracy of AI-driven insights?
SpendSights processes bank statements directly, ensuring privacy, and allows direct upload of bank statements or automatic email forwarding, minimizing data sync issues, to ensure the accuracy of AI-driven insights.