Sure, there is sucn an option. Plus there are a lot of special services that are helping to work with it. I recommend to read first about amazon extension pirscapital.com/blog/extensions-that-help-skyrocket-your-sales-on-amazon/ in order to know how to sell on Amazon. Such an article is really effective if you are going to get a lot of new information for the future.
If you are referring to azinsight the chrome extension. But if so then its a product research tool for folks who sell on amazon under the Online arbitrage or retail arbitrage or wholesale model. It has a stock checker, variation viewer and allows you to see products that are hazmat or that you are restricted from selling. I signed up for a while ago and have been using it in my amazon business and its a game changer for me. How can you use it to make money? Well if you are selling on amazon then you can use it to spot profitable products that meet your conditions. It comes out to 150 bucks a year which is like $12 bucks a month but its way more valuable than that. Hope that helps.