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What is Adam By Tyms?

Adam is an AI-powered accounting assistant built by Tyms, designed to automate bookkeeping and financial management for small and medium-sized businesses. It solves the problem of manual transaction categorization, financial statement preparation, and tax form completion by using artificial intelligence to process bank statements and generate accurate financial records. Core capabilities include automatic transaction categorization, generation of income statements, balance sheets, cash flow statements, and trial balances, as well as custom dashboards for revenue and expense tracking. Adam supports any bank format, syncs with bank accounts in real-time, and integrates with existing accounting software like QuickBooks and Xero. It is ideal for agency owners, freelancers, startups, and accounting firms who want to streamline their accounting workflows without needing deep financial expertise. Users can interact with Adam via web, WhatsApp, and email, making it accessible from anywhere. The tool emphasizes bank-grade security with ISO 27001:2022 and SOC 2 Type 2 compliance, ensuring data protection.

AI Tool Review Summary

Performance Score

4.5/5

Content/Output Quality

High, accurate, and tax-ready

Interface

Clean and intuitive

AI Technology
LLMNLP
Purpose of Tool

Automate bookkeeping and financial reporting for SMBs using AI.

Compatibility

Web, WhatsApp, Email; integrates with QuickBooks and Xero.

Pricing

Subscription-based with monthly and annual plans

Features

Features with the highest value for users are highlighted here.

Bank statement upload and processing

Automatic transaction categorization

Financial statement generation (income, balance sheet, cash flow)

Custom dashboards with revenue and expense tracking

Bank account syncing with real-time updates

AI Assistant for natural language queries

Tax form completion

Multi-platform access (Web, WhatsApp, Email)

Who Is It For?

Small business owners

Agency owners

Freelancers

Startups

Accounting firms

Bookkeepers

CFOs and financial controllers

Non-profit organizations

E-commerce businesses

Real estate investors

Pricing

Pro

$27/monthly
  • 1000 transactions per month
  • 5 bank accounts sync (US)
  • Unlimited users
  • Per page data export
  • Developer API and webhooks
  • Tax form(s) completion
Popular

Business

$54/monthly
  • 2500 transactions per month
  • 15 bank accounts sync (US)
  • Unlimited users
  • Limited data export
  • Developer API and webhooks
  • Tax form(s) completion

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Pros & Cons

Pros

  • Automates tedious bookkeeping tasks, saving time and reducing errors.
  • Provides comprehensive financial reports and dashboards for quick decision-making.

Cons

  • Pricing may be high for very small businesses or freelancers.
  • Limited to US bank accounts for syncing, which may not suit international users.

FAQs

Just Launched

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Rating

5.0

Pros

Cons

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