Midday

Midday is a comprehensive, AI-driven business management tool designed to put the tedious parts of running a business on autopilot. It serves as a modern, user-friendly layer for financial and administrative tasks, catering specifically to freelancers, agencies, and growing businesses. The platform consolidates invoicing, time tracking, file reconciliation, secure storage, and financial analysis into a single, intuitive interface, eliminating the need to juggle multiple clunky applications.

At its core, Midday aims to provide a clear and real-time understanding of your business's financial health. It connects with over 20,000 banks across 33 countries, allowing you to sync all your accounts for a unified currency overview. This integration powers a dynamic financial dashboard where you can monitor key metrics like revenue, expenses, burn rate, and profit and loss. The goal is to transform complex financial data into actionable insights, helping you make informed decisions, cut costs, and identify growth opportunities.

How to use Midday

Getting started with Midday is designed to be a seamless process:

1. Sign Up & Connect: Begin by creating an account, which includes a 14-day free trial with no credit card required. The first step is to connect your business bank accounts. Midday securely links to thousands of banks, instantly pulling your transaction data.
2. Set Up Projects & Time Tracking: If you're a service-based business, you can create projects, set billable rates, and start tracking time. Team members can log their hours, which can then be used to generate accurate invoices automatically.
3. Automate Invoicing & Receipts: Use your personalized Midday email address to receive vendor invoices and receipts. The platform's AI automatically reads the documents, suggests matching transactions, and files them in your secure vault, automating the reconciliation process.
4. Create & Send Invoices: Generate professional invoices for your clients in seconds. You can add logos, VAT/sales tax, and discounts. Midday tracks when an invoice is viewed and helps you monitor overdue payments.
5. Leverage the AI Assistant: Use the built-in AI Assistant to ask natural language questions about your finances. For example, ask "What was my biggest expense last month?" or "Find the invoice from Kundo Studio." The assistant provides instant answers based on your real-time data.
6. Export for Your Accountant: At the end of a period, easily export all necessary financial data, including transactions and attached receipts, into a clean CSV file that accountants love.

Core Features of Midday

• Financial Overview: Connects to 20,000+ banks for a consolidated view of your finances. Track revenue, expenses, burn rate, and profitability in real-time.
• Automated Invoicing: Create, customize, send, and track professional invoices. Supports multiple currencies, taxes, and discounts, with PDF and web invoice options.
• Time Tracking: Monitor project hours, set billable rates, and convert tracked time directly into invoices. Provides monthly overviews of billable and non-billable hours.
• AI Assistant: A conversational AI that provides tailored insights into your financial situation. Ask questions in plain English to understand spending, revenue, and more.
• Inbox & Reconciliation: A dedicated email inbox for your receipts and invoices. The AI automatically matches documents to bank transactions, drastically reducing manual reconciliation work.
• Vault: Secure, centralized storage for all your important business files, such as contracts and agreements. Features smart search and automatic document classification.
• Seamless Export: One-click export of financial data and attachments in an accountant-friendly CSV format, streamlining month-end reporting.

Use Cases for Midday

For Freelancers & Solo Founders: Manage all client projects, track billable hours, send professional invoices, and keep a constant pulse on cash flow without the complexity of traditional accounting software.

For Agencies & Growing Teams: Centralize team time tracking, streamline client billing, and get a high-level overview of project profitability and overall business health. The platform scales with your team, offering more users and capacity on higher-tier plans.

For Small Businesses: Automate the tedious process of receipt management and financial reconciliation. Use the AI assistant to quickly analyze spending patterns and make data-driven decisions to improve the bottom line.

Advantages of Midday

Midday stands out by combining powerful features with a user-centric design. Its primary advantage is automation, which users report saves 1-2 man-days of administrative work each month. The all-in-one nature centralizes operations, providing a single source of truth for finances, projects, and documents. Unlike legacy tools, its interface is modern and enjoyable to use. The AI Assistant is a game-changer, making financial analysis accessible to everyone, not just finance experts. Furthermore, its open-source foundation fosters transparency and community-driven improvements.

Pricing and Plans

Midday offers simple, transparent pricing with a 14-day free trial for all plans.

• Starter Plan: $29/month (excl. VAT). Ideal for freelancers and solo founders. Includes up to 10 invoices/month, 2 connected banks, 50 inbox items/month, 10GB Vault storage, and 2 users.
• Pro Plan: $49/month (limited-time offer, regularly $99/month, excl. VAT). Suited for growing teams and businesses. Includes up to 50 invoices/month, 10 connected banks, 500 inbox items/month, 100GB Vault storage, and 10 users.
• Custom Plans: Businesses with larger needs can contact Midday for a tailored solution.