Simplifying Finances with AI-Powered Personal Finance Tracker

Our client, a financial services provider, wanted to help users better manage their personal finances by unifying fragmented data across multiple bank accounts and payment apps like PhonePe, ICICI, SBI, and Bank of Baroda. We built a smart, AI-powered web application that brought all this data together into a unified dashboard.

The AI-Powered Personal Finance Tracker automatically categorizes spending, forecasts savings, and lets users interact with their financial data effortlessly—all while providing accurate, real-time insights and future planning support.

• Disjointed Transactions: Users struggled to track expenses scattered across banking apps and wallets.
  
• Manual Entry Burden: Data entry errors and inefficiencies slowed down financial tracking.
  
• Lack of Planning Tools: No visibility into upcoming expenses or savings potential.
  
• Cumbersome Processes: Organizing transactions manually was tedious and time-consuming.

Unified Financial Dashboard

• Aggregated transaction data from all key sources using a PostgreSQL-backed database.
  
• Built a web interface in React for seamless desktop and mobile use.
  
• Enabled smart search, add/remove functionality, and real-time syncing.
  

AI-Driven Predictions & Categorization

• Trained Python models to analyze past transactions and predict future spending.
  
• Delivered 85%+ accuracy in auto-categorizing transaction types.
  
• Implemented a 3-month forward savings forecast for financial clarity.
  

Scalable, Modular Architecture

• Node.js + Express backend for handling secure data processing and AI requests.
  
• Integrated Python apps into the backend for live insights and alerts.
• Designed future-ready APIs for integrating additional banks or alert systems.

• 50% Less Manual Effort: Streamlined data entry and tracking reduced time spent on finance management.
  
• Smarter Budgeting: Predictive insights led to more accurate and proactive budgeting decisions.
  
• High User Satisfaction: 90% of queries resolved instantly and 4.5-star app ratings achieved.
  
• Scalable Foundation: Designed for future enhancements like real-time alerts and auto-syncing.