11 AI Finance Tools to Help Finance Teams Optimise Processes

Finance teams are under constant pressure to keep up with ever-evolving demands. From managing complex billing workflows to maintaining accurate revenue recognition, traditional manual processes just don't cut it anymore. Thankfully, AI-powered tools are here to take over the tedious tasks and help finance teams become more efficient and strategic. Let’s dive into six leading AI finance tools that can optimize processes across billing, invoicing, and revenue recognition.

Billing and revenue recognition 

1. Zenskar 

Zenskar is an AI-powered revenue automation platform that eliminates manual work, developer dependence, and spreadsheets. 

Key features

• AI contract ingestion

Manually extracting contract details is a thing of the past. Zenskar’s AI-powered contract ingestion automatically pulls key details like customer info, billing cadence, payment terms, and renewal dates. Forget about data entry errors or endless hours spent combing through documents. AI for accounting and finance does all that grunt work, leaving you with clean, ready-to-use data, just the way you need it.

How does Zenskar’s AI-powered contract ingestion work?

➡️Upload your contracts as PDFs.
➡️Use Zenskar’s built-in prompts or customize your own for esoteric contracts.
➡️Zenskar’s AI extracts key details, including customer details, products and plans, billing cadence, payment terms, and renewals.
➡️Change billing frequencies, pricing, or product information as needed.
➡️Verify discounts, taxes, credits, and other contract nuances that are automatically extracted.

• AI templates

Now that your contract data is flowing smoothly, let’s talk about AI finance tools for invoice generation. With Zenskar’s AI-powered templates, you can create invoices, usage reports, and other financial documents automatically. You’ll never have to worry about manual formatting or compliance again. Just set it up once, and let the generative AI for finance and accounting take care of the rest, making sure everything is spot on every time.

• AI agent

Need help navigating documents, creating reports, or setting up billing systems? Zenskar’s AI agent is your assistant in the cloud. Whether you need to search for a contract, generate invoices, set up your pricing model, contracts, or revenue recognition system, Zenskar’s AI agent lets you do it all in an instant:

• Simplify upfront setup
• Navigate documentation
• Query and retrieve data across contracts, pricing models, invoices, and more
• Create intricate contracts, pricing, invoices, etc., on the fly

Zenskar’s AI agent also automates billing, allowing you to describe your pricing in plain English—whether it’s usage-based, tiered, volume, or hybrid pricing. It's like having an agentic AI for finance and accounting on call, helping you reduce manual overhead and giving you back precious time for more strategic tasks.

• AI aggregation

Tired of writing SQL queries just to generate simple billable metrics? Zenskar’s AI Aggregation is here to help. It automatically aggregates data from your system, transforming it into actionable metrics for invoicing and revenue recognition. No more fiddling around with queries or waiting for data teams—just easy, automated metrics at your fingertips. This is AI in accounting and finance at its best, streamlining your workflows and allowing you to focus on the big picture.

• AI analytics

In finance, data insights are everything. Zenskar’s AI Analytics lets you ask questions in simple English and instantly get back charts, reports, and insights. Say goodbye to digging through endless spreadsheets or waiting on reports from different departments. Zenskar’s AI tool for finance and accounting ensures that the data for usage, revenue, collection and invoicing is all in one place to make quick, informed decisions in real-time.

Benefits

• Zenskar makes revenue workflows more intelligent, allowing finance teams to work more efficiently and with fewer errors.
• Automates manual data entry and document generation, saving hours of administrative work each week, allowing finance teams to focus on more strategic tasks.
• Eliminates the need for constant developer involvement in setting up pricing models, handling billing adjustments, or generating reports, freeing up engineering teams for other high-priority tasks.
• By reducing the need for manual intervention, spreadsheets, and developer resources, Zenskar helps reduce overhead costs associated with finance operations.
• Instant access to key financial insights, reports, and analytics, enabling quicker decision-making and more agile responses to business needs.
• With accurate, timely invoices and clear reporting, you can build trust with clients, improving relationships and retention while reducing billing disputes.

2. Chargebee Retention AI

Chargebee is a subscription management platform that leverages AI to generate instant high-performing offers. Its AI tool, Chargebee Retention’s AI, addresses a significant pain point for finance teams — reducing churn. It automates the personalization process, which usually takes time and effort, enabling faster decision-making and better customer relationship management. By leveraging AI, Chargebee optimizes both the offer and delivery, which directly impacts retention.

Key features

• AI-powered retention solution: By understanding what makes offers successful and analyzing customer data, Chargebee Retention’s AI generates compelling, ready-to-deploy offers tailored to specific audiences in under 60 seconds.
  
  • Chargebee Retention’s AI allows you to act swiftly, adapting to customer dynamics with no typical delays in campaign preparation. Simply select your audience and offer type, and instantly receive three customizable options tailored to your needs.

Benefits

• Personalized offers mean higher acceptance rates and a direct impact on your bottom line.
• Save time and resources by automating the creation and deployment of retention offers, freeing your team to focus on strategic growth.

3. Zuora AI Copilot

Zuora’s AI-driven tools, particularly in the realms of payment retries and fraud protection, tackle critical challenges in subscription billing. By optimizing when and how to retry failed transactions, businesses can reduce payment failures and ensure more successful payments. Additionally, Zuora’s fraud protection leverages AI to reduce fraud risks, safeguarding your revenue. 

While Zuora excels in streamlining payment processes, businesses aiming for scalability can particularly benefit from the precision in payment management and fraud mitigation.

Key features

• AI help: Provides users with quick access to relevant information and support, guiding them to product documentation and helping them self-resolve issues.
  Copilot for analytics: Allows users to ask data-related questions in natural language, providing conversational insights into subscription metrics.
• AI-powered fraud protection: Zuora Fraud Protection, developed in partnership with Microsoft, uses AI to reduce payment fraud and boost business revenue.
• AI-powered paywalls (Zephr): Zuora's AI paywall, powered by Zephr, uses reinforcement learning to adapt subscriber acquisition strategies, dynamically adjusting access and offers based on user interactions. 
• AI for payment optimization: Zuora's AI-powered payment retries maximize payment success rates by identifying the optimal time and method to retry failed transactions. 
• AI for order entry: The AI Order Form Conversion Assistant can extract information from PDF order forms and create draft orders in Zuora Billing. 
• AI for monetization: Zuora's platform helps businesses monetize AI products and services by offering flexibility in pricing and billing models, including consumption-based billing. 

Benefits

• Streamlined billing processes with AI-powered insights and automation.
  Increased payment success rates through AI-driven payment optimization.
• Enhanced data analytics for deeper insights into subscription models.

4. Recurly Compass

Recurly’s AI tool, Recurly Compass, brings a level of sophistication to customer retention that’s hard to beat. By analyzing behavioral patterns and transaction history, Recurly gives finance teams the insights they need to keep subscribers happy and reduce churn. Its focus on personalization ensures that each customer feels understood and valued, which is key to driving loyalty.

Key features

• AI-driven churn prediction: Recurly utilizes machine learning algorithms to identify and predict churn risks, enabling businesses to proactively address potential subscriber losses. This approach helps in reducing both voluntary and involuntary churn by analyzing subscriber behavior and transaction patterns.
• Personalised subscriber offerings: Through its Recurly Compass suite, Recurly offers AI-powered insights that allow businesses to tailor subscription plans and pricing models based on individual subscriber behaviors and preferences.

Benefits

• Increased subscriber retention through AI-based churn analysis.
• More personalized and flexible subscription models tailored to customer needs.

FP&A

5. Drivetrain

Drivetrain is an AI-native business planning platform that helps finance teams accelerate their budgeting, reporting, and forecasting. 

The platform is valuable for finance teams that struggle with time-consuming data analysis and manual planning processes. By automating tasks like model generation and data exploration, Drivetrain allows teams to focus on strategic analysis rather than data wrangling.

Key features

• AI model generation: Allows users to generate baseline models from their ERP, CRM, and HRIS data in one click, significantly speeding up the planning process.
• AI analyst: Drive AI Analyst is a universal conversational agent that helps users find answers to all their burning questions about their data, fast.
• AI transforms: Helps users explore and transform their data with natural language prompts, eliminating the need to spend hours transforming data on spreadsheets.
• AI alerts: The Drive AI Alerts system watches your data pipeline 24/7 and alerts you instantly via Slack, email, and product inbox.
• AI BvA summaries: Generate in-depth summaries for your budget vs actuals analysis in seconds, saving you time and effort.

Benefits

• Generate accurate baseline models in seconds.
• Save hours with AI-driven data exploration and transformations.
• Leverage AI to create helpful chart summaries and find insights quickly.
• Get alerted of any data anomaly instantly, ensuring that your models are always built on clean and accurate data.
  

6. Planful Predict

Planful is a financial performance management platform that unifies planning, reporting, and consolidation in one AI-powered workspace. It helps finance and accounting teams accelerate access to actuals, improve forecasting accuracy, and make smarter decisions through real-time insights and intelligent anomaly detection.

Key features

• AI-powered forecast accuracy checks
  
• Predictive budgeting and scenario analysis
  
• Anomaly and error detection in real-time
  
• Seamless data integration
  

Benefits

• Catch errors before they make it to the board deck
  
• Model scenarios faster with more accuracy
  
• Enable proactive planning, not reactive scrambling
  

Accounts Payable (AP) 

7. Booke.ai

Booke.ai is a robotic bookkeeping tool that automates data categorization and reconciliation tasks for accounting firms and businesses. Booke.ai is automating parts of accounts payable—but not the entire AP process like tools such as Tipalti or Vic.ai.

Key features

• Auto-categorizes transactions in QuickBooks Online and Xero
• Learns from past user inputs and general accounting behavior
• Uses Generative AI to predict correct ledger accounts and vendor mappings
• Continuously audits books for inconsistencies or anomalies
• Flags potential issues early (e.g., duplicate entries, miscodings)
• Offers alerts and suggestions for corrections
  

Benefits

• Save dozens of hours per month in bookkeeping time
• Reduce manual errors and reconciliation delays
• Enable always-on financial visibility for clients

8. Vic.ai

Vic.ai is an AI-first finance automation platform that delivers truly autonomous accounts payable workflows—no human touch required. It automates invoice ingestion, coding, PO matching, approvals, and bill payments using deep learning trained on billions of transactions. The result: faster closes and reduced fraud.

Key features

• AI-driven invoice processing extracts, codes, and approves invoices with no manual input
• VicInbox™ is an agent-powered inbox that captures, categorizes, and routes vendor invoices
• VicPay™ automates secure global payments while optimizing rebates and cash flow
• Autonomous approvals for intelligent routing with confidence scoring and fraud detection

Benefits

• Eliminate manual AP tasks and shorten close cycles by 50%
• Capitalize on early payment discounts and optimize vendor cash flow
• Scale AP operations without scaling headcount

9. Tipalti

Tipalti is an AI-powered accounts payable automation platform that streamlines the full AP lifecycle—from invoice capture and approvals to global payments and reconciliation. With advanced machine learning and generative AI capabilities, it automates repetitive tasks, ensures tax compliance, and reduces payment errors across 196 countries and 120 currencies.

Key features

• AI smart scan automatically extracts invoice data at both header and line-item levels using contextual deep learning
• Auto-coding and approval routing predicts correct GL codes and routes invoices to the right approvers using historical patterns
• Fraud and duplicate detection tool flags duplicate bills and prevents fraudulent transactions in real time

Benefits

• Eliminate manual AP and procurement tasks with intelligent automation
• Avoid duplicate payments, tax errors, and fraud with built-in controls
• Accelerate financial close cycles and improve visibility into spend

Compliance

10. Bluedot

Bluedot is an AI-powered tax compliance platform that automates VAT calculation, return preparation, and policy enforcement across global jurisdictions.

Key features

• AI- and ML-powered VAT compliance engine across countries
• Automated VAT return generation with real-time updates
• Transaction-level expense analysis and fraud detection

Benefits

• Reduce compliance risk with dynamic, country-specific tax logic
• Catch anomalies and prevent tax fraud using AI-powered monitoring
• Eliminate manual VAT reconciliation and filing errors
• Streamline policy enforcement and gain visibility into tax exposure

Investment research

11. AlphaSense Enterprise Intelligence

AlphaSense is an AI-powered research tool that scans financial documents, news, and earnings calls to surface critical market signals and trends. It's widely used by hedge funds, corporates, and banks.

Key features

• GenAI-powered search and summarization of 300M+ premium and internal documents
• Smart Summaries for earnings and company-level analysis
• Broker research analysis using proprietary GenAI tools
  

Benefits

• Speed up investment decisions with AI-generated insights from both internal and external sources
• Replace fragmented research workflows with centralized, secure, and scalable intelligence
• Monitor portfolios and companies with instant SWOT, earnings summaries, and analyst sentiment
• Automate context-building and due diligence without sacrificing source traceability

Close management

12. FloQast AI agents

FloQast is an AI-powered close management and accounting automation platform designed to streamline reconciliation, journal entries, financial reporting, and compliance. Built by accountants for accountants, it combines powerful AI agents with enterprise-grade security and transparency to turn manual workflows into automated, auditable processes.

Key features

• Reconciliation agent automatically matches and reconciles transactions across systems and flags discrepancies
• Journal entry agent automates journal prep through ERP posting while maintaining full audit trails
• Task agent streamlines checklist tasks and follow-ups with automated reminders and communications
• Financial insight agent analyzes financial statements and explains variances to support better decisions
• Data transformation agent ingests and standardizes data across ERPs and systems for consistency and analysis
• Custom agent lets teams design bespoke automation flows tailored to unique accounting needs
  

Benefits

• Reduce time spent on close and reporting cycles with intelligent automation
• Shift from manual preparation to high-impact strategic review
• Ensure auditability and compliance with traceable AI-powered actions
• Eliminate spreadsheet chaos and streamline collaboration across accounting teams
• Build custom AI agents that fit your unique accounting needs

The Zenskar difference: Bridging the gap in AI finance

For finance teams, one of the biggest challenges is not just automating the billing and invoicing processes, but making sense of the massive amounts of transactional data these systems generate. While billing systems handle the nuts and bolts of invoicing, payment processing, and subscription management, they often fall short when it comes to revenue recognition.

This is where Zenskar steps in, taking a more holistic approach to using AI in finance and accounting. By leveraging AI for both billing and revenue recognition automation, Zenskar empowers finance teams to move faster, make more accurate decisions, and reduce their reliance on spreadsheets or developer intervention. 

Want to see how Zenskar can transform your billing and revenue workflows? Reach out and schedule time for a personalized walkthrough of our AI finance tool or take an interactive product tour.