Docyt

Docyt automates accounting with AI for small and medium businesses. Discover how Docyt streamlines bookkeeping, expense tracking, and financial reporting.

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Docyt (pronounced “docket”) is an AI-powered accounting automation platform designed for small and medium-sized businesses (SMBs). It streamlines and simplifies critical financial operations, including bookkeeping, expense tracking, reconciliations, and real-time financial reporting.

Docyt connects directly to bank accounts, credit cards, POS systems, payroll providers, and accounting software (like QuickBooks) to provide a unified, automated back office. Businesses across industries—including hospitality, retail, healthcare, and franchise operations—use Docyt to reduce manual effort, cut costs, and maintain up-to-date books with minimal human input.

Features

  1. AI-Driven Bookkeeping
    Automatically classifies and categorizes transactions, reducing the need for manual data entry and improving accuracy.

  2. Document Management
    Capture, store, and link receipts, invoices, and bills to transactions through email forwarding, uploads, or mobile capture.

  3. Bank and Credit Card Reconciliation
    Matches documents to transactions and completes reconciliations daily with minimal manual review.

  4. Real-Time Financial Reports
    Get up-to-date P&L, balance sheets, and cash flow reports without waiting for month-end closings.

  5. Automated Expense Management
    Monitor and manage employee expenses, vendor payments, and receipts—all in one place.

  6. Multi-Location and Multi-Entity Support
    Manage accounting across multiple business locations or entities with centralized visibility and reporting.

  7. AI-Powered Document Matching
    Docyt’s proprietary AI matches receipts, invoices, and statements to transactions automatically.

  8. Role-Based Access Controls
    Assign access to team members, accountants, or auditors with granular permission settings.

  9. Mobile App
    Submit receipts, view reports, and track expenses from anywhere via iOS and Android apps.

  10. Integration with QuickBooks and Banks
    Syncs with QuickBooks Online and integrates with thousands of financial institutions for live data feeds.

How It Works

Docyt replaces fragmented and manual accounting processes with intelligent automation:

Step 1: Connect Accounts and Systems
Link your bank accounts, credit cards, POS systems, and accounting software.

Step 2: Upload Financial Documents
Forward invoices, bills, and receipts via email, scan, or mobile app upload.

Step 3: AI Classification and Matching
Docyt’s AI auto-categorizes transactions, matches them with corresponding documents, and flags anomalies.

Step 4: Daily Reconciliation
Unlike traditional monthly reconciliation, Docyt performs it continuously, keeping your books clean and current.

Step 5: View Real-Time Reports
Access profit & loss statements, balance sheets, and other financial reports at any time with up-to-the-minute accuracy.

Use Cases

  1. Hospitality & Hotels
    Streamline high-volume transaction processing and multi-property accounting with ease.

  2. Franchises & Multi-Location Businesses
    Centralize accounting across different locations or brands while maintaining individual reporting.

  3. Restaurants & Retail
    Automate vendor invoice processing, tip reconciliation, and POS integrations.

  4. Healthcare & Clinics
    Manage billing, payroll, and reimbursements with secure document handling and financial reporting.

  5. Accounting Firms
    Offer Docyt to clients for real-time bookkeeping and reduce manual data processing.

Pricing

As of June 2025, Docyt offers pricing based on business size, number of locations, and services required. While exact pricing is not publicly listed, Docyt provides custom plans tailored to each organization’s needs.

Pricing factors include:

  • Number of entities or locations

  • Transaction volume

  • Features required (e.g., AP automation, multi-entity consolidation)

  • Integration needs

To get a quote or schedule a demo, visit: https://docyt.com and click “Schedule a Demo.”

Strengths

  • Full-service back-office automation with minimal manual work

  • Real-time reporting and reconciliation

  • Ideal for multi-location or high-volume businesses

  • User-friendly interface with strong mobile support

  • AI accuracy improves over time with usage

  • Reduces need for outsourced bookkeeping services

Drawbacks

  • Not ideal for businesses with highly customized accounting workflows

  • Custom pricing may not be transparent upfront

  • Best suited for businesses using QuickBooks Online (limited Xero integration support currently)

  • Requires initial setup and onboarding to integrate financial systems

Comparison with Other Tools

Docyt vs. QuickBooks Online
QuickBooks is accounting software; Docyt is an automation layer that enhances and feeds QuickBooks with real-time, categorized data.

Docyt vs. Bill.com
Bill.com focuses on accounts payable. Docyt provides full bookkeeping automation including AP, AR, reconciliation, and reporting.

Docyt vs. Ramp/Brex
Ramp and Brex offer card-based expense tracking. Docyt complements them with broader accounting automation and document linking.

Docyt vs. Botkeeper/Pilot
While Botkeeper and Pilot offer outsourced bookkeeping services, Docyt provides a more hands-on, AI-powered SaaS solution with real-time transparency.

Customer Reviews and Testimonials

Businesses that adopt Docyt often cite time savings, accuracy, and better financial visibility as major benefits:

“Docyt has taken our accounting from reactive to proactive. We no longer wait weeks for reports.”
— Multi-Location Hotel Owner

“We reduced our monthly reconciliation time by 70%. Everything runs smoother now.”
— CFO, Restaurant Group

“The AI accurately matches our documents, making our accounting team far more efficient.”
— Franchise Operations Manager

Conclusion

Docyt is redefining accounting for SMBs by combining artificial intelligence, automation, and real-time visibility into one seamless platform. From daily reconciliations to end-to-end document handling, Docyt eliminates tedious manual work and empowers business owners and finance teams with accurate, always-current financial insights.

For growing businesses seeking to streamline back-office operations without hiring a full accounting team, Docyt offers a modern, AI-driven alternative that delivers speed, accuracy, and cost-efficiency.