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
AI-Driven Bookkeeping
Automatically classifies and categorizes transactions, reducing the need for manual data entry and improving accuracy.Document Management
Capture, store, and link receipts, invoices, and bills to transactions through email forwarding, uploads, or mobile capture.Bank and Credit Card Reconciliation
Matches documents to transactions and completes reconciliations daily with minimal manual review.Real-Time Financial Reports
Get up-to-date P&L, balance sheets, and cash flow reports without waiting for month-end closings.Automated Expense Management
Monitor and manage employee expenses, vendor payments, and receipts—all in one place.Multi-Location and Multi-Entity Support
Manage accounting across multiple business locations or entities with centralized visibility and reporting.AI-Powered Document Matching
Docyt’s proprietary AI matches receipts, invoices, and statements to transactions automatically.Role-Based Access Controls
Assign access to team members, accountants, or auditors with granular permission settings.Mobile App
Submit receipts, view reports, and track expenses from anywhere via iOS and Android apps.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
Hospitality & Hotels
Streamline high-volume transaction processing and multi-property accounting with ease.Franchises & Multi-Location Businesses
Centralize accounting across different locations or brands while maintaining individual reporting.Restaurants & Retail
Automate vendor invoice processing, tip reconciliation, and POS integrations.Healthcare & Clinics
Manage billing, payroll, and reimbursements with secure document handling and financial reporting.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.