Smarty Spending | AI Money management

Welcome to Smarty Spending, where every penny find its place.

Revolutionizing Spending Management for Small Businesses through AI.

Our Team

Who We Are

Christopher Sommese

CEO

A native of the vibrant city of Chicago. Studying at the University of Miami, where he is majoring in Finance and minoring in Accounting and art. His current roles in the company involve:

Overall leadership and strategic vision for the company.
Decision-making on major business initiatives and partnerships.
Establishing and communicating company goals and objectives.
Representing the company in public and maintaining stakeholder relations.

Our Story

At Smarty Spending, we believe in the power of technology and AI to help small, local, or family businesses manage their spending, cut costs, and improve their financial health. Our virtual app/website offers real solutions to spending habits, offers replacements to certain products, and provides potential investment advice/plans to follow. Our team is dedicated to helping you achieve your financial goals, and we are proud to be at the forefront of innovation in the field of spending management with the incorporated use of AI.

Smarty Spending was founded with a mission to help small businesses thrive. Our team is made up of financial experts, technology enthusiasts, and entrepreneurs who understand the unique challenges faced by small businesses. We are passionate about helping our clients achieve their financial goals, and we are committed to providing the best possible service to each and every one of our customers. With our virtual app/website, we offer a range of tools and resources that can help you manage your spending, track your expenses, and make informed financial decisions.

Jessica Bradford

Controller

Majoring in an Accounting BBA at the University of Miami.

She currently oversees:

accounting operations;
analyzes and manages budgeting reporting, investing
risk management

Ensures that reports are timely, accurate, and in accordance with generally accepted accounting principles.

Alexa Psomopoulos

CFO

Studying at the University of Miami.

She currently is responsible for:

developing financial strategies
overall financial decisions of the company

Jonathan Bergbaum

COO

Currently, majoring in computer science and Economics.

His role is:

ensuring that business operations are efficient and effective
making sure the company's work and output aligns with overall strategy, goals and vision of Smarty Spending.

About Us

Our Vision

At Smarty Spending, our vision is to empower small businesses with the tools and resources they need to succeed. We believe that by providing innovative solutions to spending management, we can help small businesses cut costs, improve their financial health, and achieve their goals. We are committed to staying at the forefront of technology and finance, and we are constantly working to improve our services and offer new and innovative solutions to our customers.

About Us
What our AI has to offer:

Spending Management

Our virtual app/website offers a range of solutions to help you manage your spending. From the ability tracking your expenses to our AI identifying areas where you can cut costs, our overall AI tools and resources can help you take control of your finances and achieve your goals.

Expense Tracking

With our expense AI tracking tools, you can easily keep track of your spending and identify areas where you can cut costs. Our AI provides real-time updates on your expenses, so you always know where your money is going.

What We Offer

Tax

Our systems offer a range of product replacement solutions that can help you save money on your everyday purchases. Our AI identifies products that are similar to the ones you currently use, but at a lower cost, so you can make informed decisions about your spending.

Investment Advice

Our team of AI financial experts can provide you with investment advice and help you create a custom investment plan that suits your needs. Our AI is taught to offer a range of investment options, from low-risk to high-risk, so you can choose the plan that works best for you.

Financial Health Assessment

Our app/website provides a comprehensive financial health assessment that can help you identify areas where you can improve your financial health. The AI analyzes your spending habits, identify areas where you can cut costs, and provide personalized recommendations to help you achieve your financial goals.

How to Use

An example of a how a jewelry company would use SmartySpending

Dynamic Pricing Strategy:

AI analyzes market trends, competitor pricing, and customer behavior.
The system adjusts pricing dynamically based on demand, competition, and other factors.
Result: The business maximizes revenue by offering competitive prices and optimizing profit margins.

Inventory Forecasting:

AI algorithms analyze historical sales data, seasonal trends, and market demand.
The system predicts which jewelry items are likely to sell more in the upcoming months.
Result: The business can optimize inventory levels, reducing excess stock of slow-moving items and ensuring availability of popular products.

Quantifiable Impact:

Before implementing AI, the business took an average of 2 days to process and fulfill orders.
After implementing AI, the order processing time is reduced by 30%, leading to an average fulfillment time of 1.4 days.
This improvement has resulted in a 15% increase in customer satisfaction and a 20% increase in monthly sales due to faster order processing and personalized recommendations.

Us vs the Competition

Company	AI-Powered Spending Management:	Expense Tracking with Real-Time Updates	Financial Health Assessment
Wally	X	Yes	X
Quickbooks	X	Yes	X
Smarty Spending	Yes	Yes	Yes

Upcoming Events

Smarty Spending Launch Party - NOV 30

Celebratory event for launching our new service.
Product demonstrations, interactive displays, and giveaways.
Networking opportunities with industry professionals, influencers and potential sponsors

Expert Financial Advice Event - DEC 8

Our team of financial experts has years of experience helping small businesses achieve their financial goals. At this event we will provide:

personalized advice
recommendations that can help you improve your financial health and achieve long-term success.

Dedicated Support - DEC 10

Industry Workshop:

A workshop dedicated to our service:

Small business owners can showcase their business's growth through presentations and discussions.
Networking opportunities with professionals and investors in the field.
Step by step instructions on how to use Smarty Spending.
Tips and tricks for managing a strong small business.

Industry Support Event - DEC 20

A workshop dedicated to our service:

Small business owners can showcase their business's growth through presentations and discussions.
Networking opportunities with professionals and investors in the field.
Step by step instructions on how to use Smarty Spending.
Tips and tricks for managing a strong small business.

Educational Seminar - DEC 28

Our team will share industry insights or provide training on relevant topics.
Guest speakers or industry experts will present.
Conduct interactive sessions for Q&A and discussion

Why Us

Potential Sponsors

Our Potential Offerings

Amazon

We feel that we can bring Amazon into the investment and financial markets through partnering with them to bring our service to another level. As partners, our company can use products from Amazon as suggestions for cost cutting while Amazon expands its company's range.

With Adobe, a leading software development company, as our partner, Smarty Spending can grow its interface across various programs, have a state of the art look and feel and incorporate some of Adobe's Experience Manager program into its interface.

A sponsorship with SalesForce will lead to benefits for both companies. At Smarty Spending, we see our app recommending SalesForce to best track sales for our app and the connection between Smarty Spending and SalesForce will be seamless.

We for see a partnership a direct partnership with many banks to offer customers our service at their own banks. This will draw major support for our company as well as be appealing for financial institutions to offer a simple, innovative new way to track spending.

Our company, as Miami students, want to empower the future generations to learn all things financial and grow their experiences before entering the real world - We prioritize business students and those wanting to get into the finance, entrepreneurship and management sectors of the business world.

We also believe in giving people opportunities to put their stamp on our company and will be hosting numerous competitions. These competitions will allow our customers to submit what they believe should be added to our service and the the winner will receive a prize either in help financially or a job at our company.

Adobe

SalesForce

Financial Institutions

Internships

Rewards