
Raw data into insight u can act on

Raw data into insight u can act on
Magic MIS is a financial analysis tool that generates monthly management information statements (MIS) and management accounts directly from a trial balance exported from any accounting system. Its primary function is to convert raw financial data into a structured, checked Excel workbook, a customizable dashboard, and written commentary. The tool emphasizes that all figures are computed from the user's own books, with the AI generating only the narrative text and never writing or altering the numerical data. Key features include the ability to ask questions about the month's financial performance in plain language, with answers drawn from the user's own figures. Users can build a dashboard through conversational commands, and any figure in an answer or dashboard can be opened to reveal its underlying ledgers and calculation lineage. The tool supports any currency, scale, and financial year. After an initial setup month where the mapping between the trial balance and the MIS structure is taught, subsequent months require no AI calls for unchanged ledgers, functioning as a refresh rather than a full rebuild. The typical workflow involves three repeating steps: dumping a trial balance from the accounting software, having the tool produce a checked MIS and dashboard, and then interacting with the results through chat. The tool does not require a connector or template; it reads the standard export from the accounting software. Security is addressed by stating that no person on the provider's side can open user files. A welcome offer provides 1,500 free credits for initial setup, with subsequent usage requiring credit purchases and a monthly memory fee per company.