AlphaSense vs. ChatGPT

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AlphaSense
Score 9.5 out of 10
N/A
AlphaSense is a market intelligence platform used by companies and financial institutions. Since 2011, their AI-based technology has helped professionals make business decisions by delivering insights from public and private content—including company filings, event transcripts, news, trade journals, and equity research. The platform boasts users among 4,000 enterprise customers. Headquartered in New York City, AlphaSense employs over 1,000 people across offices in the U.S., U.K., Finland, and…N/A
ChatGPT
Score 9.2 out of 10
N/A
OpenAI offers ChatGPT, an advanced general intelligence (AGI) chatbot which interacts in a conversational way. The dialogue format makes it possible for ChatGPT to answer followup questions, admit its mistakes, challenge incorrect premises, and reject inappropriate requests. ChatGPT is a sibling model to InstructGPT, which is trained to follow an instruction in a prompt and provide a detailed response.
$0
per month
Pricing
AlphaSenseChatGPT
Editions & Modules
No answers on this topic
Free
$0
per month
Plus
$20
per month
Team
$25
per month per user
Enterprise
Contact Sales
Offerings
Pricing Offerings
AlphaSenseChatGPT
Free Trial
YesNo
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
AlphaSenseChatGPT
Considered Both Products
AlphaSense
Chose AlphaSense
AlphaSense has the most sources and best usability of any tool I've used.
ChatGPT

No answer on this topic

Top Cons

No answers on this topic

Features
AlphaSenseChatGPT
Financial Research
Comparison of Financial Research features of Product A and Product B
AlphaSense
7.0
172 Ratings
3% below category average
ChatGPT
-
Ratings
Private Company Data5.1142 Ratings00 Ratings
Industry-Specific Information7.6167 Ratings00 Ratings
Independent Research Access7.8161 Ratings00 Ratings
M&A Analysis6.9133 Ratings00 Ratings
Supply Chain Data5.892 Ratings00 Ratings
ESG Data6.289 Ratings00 Ratings
Credit Ratings Reports6.978 Ratings00 Ratings
Macroeconomic News8.0120 Ratings00 Ratings
Search Tools9.0159 Ratings00 Ratings
Best Alternatives
AlphaSenseChatGPT
Small Businesses

No answers on this topic

IBM watsonx Assistant
IBM watsonx Assistant
Score 9.1 out of 10
Medium-sized Companies
S&P Capital IQ
S&P Capital IQ
Score 7.9 out of 10
Conversica
Conversica
Score 9.9 out of 10
Enterprises
S&P Capital IQ
S&P Capital IQ
Score 7.9 out of 10
Conversica
Conversica
Score 9.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AlphaSenseChatGPT
Likelihood to Recommend
9.6
(240 ratings)
9.7
(7 ratings)
Likelihood to Renew
8.5
(20 ratings)
10.0
(2 ratings)
Usability
8.9
(236 ratings)
9.4
(5 ratings)
Availability
8.6
(21 ratings)
-
(0 ratings)
Performance
7.6
(21 ratings)
-
(0 ratings)
Support Rating
8.4
(16 ratings)
-
(0 ratings)
In-Person Training
9.1
(1 ratings)
-
(0 ratings)
Online Training
7.7
(8 ratings)
-
(0 ratings)
Implementation Rating
9.0
(5 ratings)
-
(0 ratings)
Configurability
7.5
(5 ratings)
-
(0 ratings)
Contract Terms and Pricing Model
8.4
(4 ratings)
-
(0 ratings)
Ease of integration
8.2
(1 ratings)
-
(0 ratings)
Product Scalability
7.7
(21 ratings)
-
(0 ratings)
Professional Services
8.2
(2 ratings)
-
(0 ratings)
Vendor post-sale
8.3
(5 ratings)
-
(0 ratings)
Vendor pre-sale
8.7
(5 ratings)
-
(0 ratings)
User Testimonials
AlphaSenseChatGPT
Likelihood to Recommend
AlphaSense
AlphaSense is best for colleagues who need to dive into details and collect info on various topics (e.g. analysts). Most colleagues do not have time to search on the platform and cannot exploit the capabilities of AlphaSense. We are now in a "trial mode" for the first subscription year to see in real life how the selected users use their premium accounts, then we will decide on the extension of the number of accounts.
Read full review
OpenAI
ChatGPT really excels at speeding up mundane processes, such as online research, freeing up a ton of employee time. It also spits that information out into easily digestible content, allowing you to not only learn quickly about the topic, but use it's content in creative processes for marketing. It's been a game changer for us since we started using it.
Read full review
Pros
AlphaSense
  • More and unique content. Investor research and expert interviews are very valuable.
  • AI-generated bright summaries allow you to quickly understand the takeaways from an earnings call or an interview transcript.
  • Search tools and criteria allow me to narrow in on the right content quickly.
Read full review
OpenAI
  • I love the images it creates as it is so close to what I'm asking for
  • It is able to analyze a large amount of data quickly
  • Is able to take complex concepts and explain in simpler terms
Read full review
Cons
AlphaSense
  • The whole platform should be much faster with less lag.
  • The layout of the document search isn't great. Often, I find it hard to expand sources or dates.
  • Financials sections should be customisible, i.e. bolden certain ratios, remove others etc.
  • "Error loading documents, please refresh the widget" should be seen fewer times than often.
  • Why can't I export events dates to my Outlook calendar?
Read full review
OpenAI
  • It doesn't listen as well when refining picture generations
  • It lacks all the human nuances
  • It could be better about giving actual examples the first time instead of a summary of where to find them
Read full review
Likelihood to Renew
AlphaSense
AlphaSense is a very useful tool and is reasonably priced for our organization. While I may not be a hyper-active user, it's a great resource when I need to quickly do a competitive landscape survey, review publicly available documents (transcripts, etc.), or review Wall Street research
Read full review
OpenAI
ChatGPT is a powerful assistant. As long as you understand what it is you're looking for in its results, it can save you a lot of time due to its ability to do the heavy lifting for you. This frees your time up to enable you to concentrate on other tasks.
Read full review
Usability
AlphaSense
The search capabilities of AlphaSense are quite impressive. As a former Search Product Manager, I see where the boolean capabilities of AlphaSense's search allow me to control the scope, proximity, and keywords of the search. The addition of AI to the search keywords facilitates my booleans - frankly I don't have to use a boolean for additional keywords. That's quite helpful. The addition of AI (still in beta) to the search is helping those who don't want to get into the weeds
Read full review
OpenAI
I can use it on my phone, and any computer with my account. The search feature in ChatGPT allows me to find my former questions and or answers on any device with an internet connection.
Read full review
Reliability and Availability
AlphaSense
The availability of Alphasense is great. I have used the software for multiple years and cannot remember ever having an outage issue. This is surprising actually, as I use other software applications that do not have regular outages, but still have outages periodically. Alphasense, on the other hand, never seems to have any outages. Good sign if I can't remember the software not working :).
Read full review
OpenAI
No answers on this topic
Performance
AlphaSense
Loading or performing searches on AlphaSense platform is reasonably fast for most of the time. However, it is sometimes unacceptably long for me to load PDF files (earnings presentation, supplementary financial report) on AlphaSense. Certain features might also take very long time, such as loading for "similar tables" across EDGAR filings, or downloading tables from EDGAR filings
Read full review
OpenAI
No answers on this topic
Support Rating
AlphaSense
Customer support is very prompt. I get personalized support for search recommendations and content that I could not find in my own search. Support checks in with me on a bi-monthly basis to keep me informed of the many different feature additions, I cannot find a more kind, understanding, and supportive team.
Read full review
OpenAI
No answers on this topic
In-Person Training
AlphaSense
The person was prepared, attentive, understood the nature of my questions, was willing to work through any difficulties or misunderstandings, was patient, and super pleasant to work with. Great customer service.
Read full review
OpenAI
No answers on this topic
Online Training
AlphaSense
Our online training was led by a AlphaSense representative. The training is always good. The bigger issue is our time availability to remember the training and utilize it. The trainers will show us examples and then ask us for real industries or companies of interest to use so that the training is most relevant.
Read full review
OpenAI
No answers on this topic
Implementation Rating
AlphaSense
use friendly UI made the transition seamless
Read full review
OpenAI
No answers on this topic
Alternatives Considered
AlphaSense
Nothing else had the platform capabilities nor the level of access to information that AlphaSense does. Everything else I tried had one area or type of information it aggregated, but none of them were able to integrate information the way AlphaSense does, and most of them didn't really enable access to news, so I had to supplement my work with RSS feeds and dozens of open browser tabs. AlphaSense collapsed all of that effort into one search in one window.
Read full review
OpenAI
We've used other programs, including ones integrated into current products that we use, and we've found that ChatGPT delivers better in the sense of content learning and creation. Other programs do offer some research ability, but we're found ChatGPT is more diverse and versatile. The other programs are limited to just the space they are integrated in (such as Grammarly).
Read full review
Contract Terms and Pricing Model
AlphaSense
It has been very simple. Contract terms are standard for an online portal. Of course, I would like unit pricing to be lower so I could get more users on the license or to rotate seats to get more value out of each license. Billing frequency has been standard as well. This could be more significant for a larger customer.
Read full review
OpenAI
No answers on this topic
Scalability
AlphaSense
The sharing features provides by AlphaSense mean that it can be readily scaled for teams within an organization and, subject to compliance requirements, with client organizations. The ability to share annotations of transcripts and investor releases is valuable, and facilitates collaboration between analysts.
Read full review
OpenAI
No answers on this topic
Professional Services
AlphaSense
Very professional and knowledgeable team. Easy to work with and communicates in a way that's helpful for users who aren't experts on the platform
Read full review
OpenAI
No answers on this topic
Return on Investment
AlphaSense
  • AlphaSense has allowed us to generate deeper competitive insights. For example, we conducted an in depth analysis of the aerial data analytics (drone) industry, and AlphSense helped us narrow in on the market leaders and their various strengths / weaknesses.
  • AlphaSense has improved our team's overall efficiency. With Stream in particular, we are able to pinpoint insights in a matter of minutes through the transcript feature as opposed to having to conduct a series of calls ourselves. This is a significant time saver.
  • AlphaSense has allowed us to make more informed decisions on our public holdings by providing us with unfettered access to equity research analyst reports.
Read full review
OpenAI
  • Saves so much time
  • Allows me to push my creativity levels to the max
  • Challenges my thoughts and biases when asked to
Read full review
ScreenShots

AlphaSense Screenshots

Screenshot of AlphaSense's AI search, available across 2,000+ premium business data sources including SEC filings, earnings calls, broker research, business journals, and news. It can be used to stay ahead of market-moving trends and instantly surface critical information buried within millions of documents.Screenshot of a single view of the industries, companies and themes within a fully-customizable dashboard, that can be tailored to fit any research process.Screenshot of a purpose-built generative AI that offers insights from a premium content universe.