Midday

Midday is designed mainly as an all-in-one tool for freelancers, contractors, consultants, and micro businesses. It facilitates various aspects of running a business including financial health monitoring, project time-tracking, file storage, and invoice sending. It aims at reducing manual work, streamlining month-end procedures, and simplifying the task of preparing exported information for accountants.

The Midday Assistant works by delivering personalized insights into a user's financial situation. It projects both income and expenses which can help optimize costs and identify opportunities. Users can ask Midday anything and get tailored insights, thereby helping them understand their biggest outgoings, incomings and ultimately their financial situation.

The 'Vault' feature in Midday is a secure storage space for all business files. It collects all important files in one place which makes it easier for users to retrieve items such as contracts and agreements. It eliminates the need to scramble for files across different drives.

The 'Inbox' feature in Midday utilizes AI to automatically match incoming invoices or receipts to the right transaction. It intelligently correlates and catalogues your financial records. Incoming receipts or invoices arrive in the inbox and with the AI solution, the invoice matches automatically with the right transaction.

Midday's 'Tracker' feature is designed to record project times effectively. It provides useful overviews which can foster seamless collaboration amongst team members. Team projects can be time-tracked boosting productivity and project efficiency.

Midday's upcoming invoicing solution is expected to feature web-based invoices, live collaboration, and project synchronization. Though it is still under development, it promises to provide an innovative solution for handling invoice-related needs of businesses.

Midday streamlines month-end procedures by reducing manual work and simplifying the tasks involved. It automates receipt-to-transaction mapping, consolidates all files, provides financial overviews, and makes it easier to prepare exports for an accountant. All transactions are neatly packaged in a CSV file that can easily be exported.

Midday connects to numerous banks across the US, Canada, UK, and Europe. It provides users a clearer understanding of their business's financial history and current state by bridging the gap between the bank and their accounting software.

Midday's open-source code signifies its commitment to transparency and adaptation. Users and developers can access the code, understand the workings of the platform, and even contribute to its development. This fosters a sense of community and encourages continuous improvement of the platform.

Yes, you can adapt Midday to your specific business needs. Thanks to its open-source code, you can clone, fork, and contribute to Midday serving your unique requirements.