Magic MIS vs Invoist

A side-by-side comparison built from both listings. Blank cells mean the company has not given that detail; we never guess.

Magic MIS compared with Invoist
Detail	Magic MIS	Invoist
What it does	Turn raw data into business insights	Read invoices as JSON or in the app, with AI assistance
Stage	Not given	Not given
Founded	Not given	Not given
Based in	IN	Not given
Pricing model	Paid	Freemium
Pricing	Prepaid credit packs: Solo Top-up $29 (1,100 credits), Starter $49 (2,000 credits), Plus $109 (5,000 credits plus 250 bonus), Growth $199 (10,000 credits plus 750 bonus), Practice $449 (25,000 credits plus 2,500 bonus), Firm $849 (50,000 credits plus 6,000 bonus), Scale $1,549 (100,000 credits plus	Starter $29/mo for 500 invoices, Growth $79/mo for 5,000 invoices, Scale $199/mo for 15,000 invoices. Firm $199/mo for bookkeeping firms with 10 client businesses included. Extra invoices available as credits: 500 credits for $19 ($0.038 per invoice) or 2,000 credits for $69 ($0.035 per invoice), wh
Key features	Monthly MIS report and management accounts from trial balance with checked Excel workbook Ledger mapping by rules first, then AI, remembered each month Validation checks before delivery Excel workbook with live formulas and lineage Dashboard built and changed by chatting with undo Chat that answers questions about figures linked to ledgers AI commentary with figures computed by engine Budget against actual and year-end forecast File encryption with access logging Support for any currency, scale and financial year	Reads invoices from PDFs and photos Extracts vendor, dates, totals and line items Flags unusual invoices including changed bank details, duplicates and odd amounts Review queue for manual approval before export Remembers vendor categories Spending reports by vendor, category and month Exports to QuickBooks, Xero, Zoho or CSV API returns invoice data as JSON Connect AI assistants like Claude and Cursor via MCP Webhooks for developers
What makes it different	Every figure computed from books, never written by AI Monthly mapping remembered, no rebuild required Files encrypted with staff unable to access Natural language dashboard building and querying Full lineage and ledger transparency for every number	Every plan includes the full app, the API and MCP for AI assistant connection 3-day free trial on Starter with no upfront commitment Credits for extra invoices never expire Firm plan for bookkeeping practices with per-client workspaces Extracted data stays in your workspace and is not used to train AI models
Community votes	0	0
DR (Domain Rating by Ahrefs)	Not checked yet no change since last check	Not checked yet no change since last check
Trust Flow (Majestic)	0	0
Citation Flow (Majestic)	0	0
Referring domains (Majestic)	0	0

5 details filled in for both companies.

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