What are Smart Insights in Nance?

1 min read

Summary

Smart Insights in Nance are AI-powered summaries and analysis of your financial data that help you understand your spending patterns, trends, and behaviors.


How This Works in Nance

Smart Insights analyze your transactions across all connected accounts to surface meaningful, actionable information.


What Smart Insights Show

  • Spending breakdowns
    • Where your money is going (by category)
  • Trends over time
    • Weekly or monthly spending patterns
  • Top expenses
    • Highest spending categories or merchants
  • Behavior patterns
    • Recurring spends
    • Unusual or high-value transactions

How It Works

  • Nance uses:
    • Categorized transactions
    • Historical data
    • AI analysis
  • Data is continuously updated via the automatic refresh system
  • Insights are generated based on your latest available data

Where Data Comes From

  • Bank accounts
  • Credit cards
  • Cash transactions (if added manually)

All combined into a single financial view


Important to Know

  • Requires at least one connected bank account
  • Accuracy depends on correct categorization
  • Self-transfers are handled separately to avoid double counting

It doesn’t just show numbers.

It tells you what they mean.

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