Top 8 Cutting-Edge Tools Launched Since 2019 for Streamlining Your Financial Workflows and Boosting ROI

In today's fast-paced financial landscape, companies are continually seeking innovative technologies to optimize workflows and maximize return on investment. Since 2019, a wave of groundbreaking tools has emerged, offering enhanced automation, real-time analytics, and seamless integration capabilities. These tools not only reduce manual errors but also improve decision-making processes, resulting in better financial outcomes.

With advances in cloud computing, artificial intelligence, and blockchain technology, financial professionals now have access to smarter tools that save time and cut costs. Adopting these solutions can streamline everything from invoicing and expense management to risk analysis and forecasting. The following sections detail eight of the most impactful tools introduced in recent years, outlining their features and business benefits.

Whether you're a CFO, accountant, or financial analyst, understanding these tools can help you stay ahead of the curve and boost your organization’s ROI. Let’s explore how each one can transform your financial workflows.

1. Airbase – Revolutionary Spend Management Platform

Launched in 2019, Airbase has quickly become a leader in spend management by combining accounts payable automation, expense management, and corporate card management into one unified platform. It simplifies complex payment processes and offers real-time visibility into company spending.

With Airbase, finance teams can automate invoice approvals, enforce policy compliance, and gain actionable insights through detailed spend reports. This not only speeds up workflows but also reduces costly errors and fraud risks. Furthermore, its intuitive interface means teams can adapt quickly without extensive training.

By centralizing financial operations, Airbase helps companies improve cash flow management and aligns spend with business priorities — key factors that contribute to boosting overall ROI.

2. Tipalti – Automated Global Payables Solution

Tipalti, introduced in 2019, focuses on streamlining mass payments for businesses operating internationally. It automates supplier onboarding, payment processing, tax compliance, and reconciliation, drastically reducing manual workload and risk associated with global payables.

The platform supports multiple currencies and payment methods, making it ideal for companies scaling across borders. It integrates with popular ERP and accounting systems to ensure seamless data flow and accurate bookkeeping.

By eliminating delays and errors in payables, Tipalti speeds up transaction cycles, improves vendor relationships, and minimizes compliance penalties — directly impacting financial efficiency and ROI.

3. Fyle – AI-Powered Expense Management

Fyle emerged as a powerful AI-driven expense management tool designed to simplify the cumbersome processes around employee reimbursements and expense tracking. It leverages machine learning to automatically extract and categorize expenses from receipts, even verifying policy compliance in real-time.

This automation drastically reduces manual data entry and audit times, enabling finance teams to focus on higher-value tasks. The platform also integrates smoothly with accounting software such as QuickBooks and NetSuite.

Companies leveraging Fyle have reported faster reimbursement cycles, improved expense policy enforcement, and better budgeting insights — all contributing to enhanced financial control and ROI.

4. Ramp – Corporate Card and Finance Automation

Introduced in 2019, Ramp combines a no-fee corporate card with advanced finance automation tools. Its platform offers automatic receipt matching, expense categorization, and savings recommendations to optimize corporate spend.

Ramp stands out by providing actionable insights and personalized cost-saving opportunities without the typical fees associated with expense cards. Integration with major accounting systems also ensures seamless report generation and compliance tracking.

By reducing operational costs and preventing unnecessary expenses, Ramp empowers businesses to allocate resources more effectively — boosting their overall ROI through smarter spend management.

5. Cube – Collaborative Financial Planning and Analysis

Cube, launched in 2020, focuses on modernizing financial planning and analysis (FP&A) through collaboration and automation. It allows finance teams and other stakeholders to build budgets and forecasts in a centralized environment without relying heavily on spreadsheets.

With real-time data connectivity to ERP and accounting systems, Cube ensures financial models are always accurate and up-to-date. Its intuitive interface encourages greater input from non-finance users, making planning more aligned with operational realities.

Organizations using Cube report reduced FP&A cycle times, improved forecast accuracy, and enhanced decision-making — essential factors for optimizing financial performance and ROI.

6. Tradeshift – Advanced Digital Procurement and Invoice Automation

Tradeshift, continuously evolving since 2019, provides a cloud-based platform that connects buyers and suppliers to automate procurement, invoice processing, and supplier management. It uses AI to detect errors and fraud while expediting approvals.

The platform's scalability makes it suitable for enterprises of all sizes, helping finance departments handle high invoice volumes efficiently. Integration with financial software ensures a smooth flow of data and compliance with regulatory standards.

By accelerating procure-to-pay cycles and improving supplier relationships, Tradeshift reduces working capital requirements and operational costs, thus maximizing ROI.

7. Glean – Financial Data Search and Insights

Glean debuted in 2023 as a specialized platform for searching across financial data repositories and extracting actionable insights quickly. It leverages advanced search algorithms to locate specific data points scattered across ERP, CRM, and spreadsheets, saving time for financial analysts.

Glean's user-friendly interface and AI-powered suggestions enable users to identify trends, anomalies, or potential risks without wading through complex data manually. This facilitates faster and more informed decision-making.

By reducing time spent on data retrieval and analysis, Glean enhances productivity and accuracy in financial workflows, positively impacting ROI through better use of resources.

8. Plaid – Real-Time Financial Data Connectivity

Since 2019, Plaid has been a key player enabling real-time connectivity between consumers' bank accounts and financial apps. Its APIs allow companies to access accurate transaction, balance, and identity data securely, streamlining onboarding and verification processes.

For financial institutions and fintech firms, Plaid reduces friction in payments, lending, and wealth management by providing instant data insights. This results in quicker approvals and more personalized user experiences.

Faster access to trustworthy financial data lowers operational costs and risks while driving customer satisfaction—core ingredients for improved financial performance and ROI.