Midday is a comprehensive tool designed for freelancers, contractors, consultants, and micro businesses to facilitate various aspects of running a business.

It prioritizes financial health monitoring, project time-tracking, file storage, and invoice sending. Its core features include the Midday Assistant that delivers personalized insights into a user's financial situation, projecting both income and expenses to help optimize costs and identify opportunities.

The 'Vault' securely stores all business files in one place, making it easy to retrieve things like contracts and agreements. The tool has an 'Inbox' feature that utilizes AI to automatically match incoming invoices or receipts to the right transaction, correlating and cataloguing your financial records.

There's a 'Tracker' for recording project times, providing useful overviews to enable seamless team collaboration. Midday also incorporates an invoicing solution, currently under development, that is set to offer web-based invoices, live collaboration and project synchronization.

Overall, Midday stands as a platform that helps reduce manual work, streamline month-end procedures, and simplify the preparation of exported information for accountants.

Moreover, it connects to numerous banks across the US, Canada, UK, and Europe, offering a clearer understanding of your business's financial history and current state.

With its open-source code, users can contribute and adapt the service to their needs.