FormulAI

FormulAI brings AI to Excel for FP&A and finance teams. Its tools are organized into FP&A, Data Analysis, and Formula Tools. The FP&A tools cover variance commentary from budget-vs-actual tables, reconciliation of two sources such as ledger vs sub-ledger or bank vs book, and a Workbook Health Check that audits models for broken math, inconsistent formulas, hardcodes, and tie-out breaks. The website states that variance, reconciliation, and health check results are computed deterministically rather than generated by a language model, with AI used to explain results in plain English. Generated formulas are said to be evaluated against the user's workbook before being committed. The website states that natural-language queries run in a private in-browser database and that for AI features only headers and computed summaries are transmitted, not underlying rows. The product is presented as a Microsoft Excel add-in and offers a free plan, an unlimited plan, and an enterprise option with contact-based pricing.

Key features

• FP&A variance commentary with ranked drivers from budget-vs-actual breakdowns
• Reconciliation that matches two sources and surfaces mismatches, gaps, and duplicate keys
• Workbook Health Check for broken math, inconsistent formulas, hardcodes, and tie-out breaks
• Query Worksheet for asking plain-English questions about worksheet data
• Data Simulator for generating sample datasets from a header row or simple instruction
• Formula Builder that generates formulas from plain-language descriptions and verifies them on the user's data
• Formula Doctor for scanning formula errors and applying AI fixes checked against the sheet
• Explain this Cell for tracing a cell's value source and flagging risky inputs and references
• Microsoft Excel add-in with Microsoft single sign-on, with email and password fallback
• Bookmarks (listed on the unlimited plan)

Best suited for

• FP&A and finance teams
• Teams preparing models for CFO review
• Accounting teams performing reconciliations
• Spreadsheet users building and auditing Excel formulas

Pricing

Free plan at $0/month with up to 10 AI requests per month. Unlimited plan at $8.99/month monthly or $3.99/month on yearly billing (listed as a launch offer, limited time, with 7 days free trial). Enterprise plan with contact-based pricing, centralized team billing, priority support, and volume discount.