Docyt
AI-powered accounting automation.
Overview
Docyt is an end-to-end accounting automation platform that uses AI to handle various back-office tasks. It captures data from receipts and invoices, handles accounts payable by automating bill processing and payments, reconciles accounts, and provides real-time financial reports. The platform aims to create a single, centralized system for all accounting workflows, eliminating manual data entry and reducing the time it takes to close the books. It is designed to work as a layer on top of existing general ledgers like QuickBooks.
✨ Key Features
- AI-powered data capture (receipts, invoices)
- Automated bill pay and expense reimbursements
- Continuous reconciliation of accounts
- Real-time financial reporting
- Revenue recognition and reconciliation
- Multi-entity consolidation
🎯 Key Differentiators
- Provides an end-to-end, single platform for all accounting workflows
- Focus on continuous, real-time reconciliation rather than a monthly close
- Strong mobile apps for receipt capture and expense management
Unique Value: Automates the entire bookkeeping process from data entry to financial reports in a single platform, providing businesses with real-time, accurate financials.
🎯 Use Cases (3)
✅ Best For
- Automating bookkeeping for restaurant franchises
- Streamlining accounts payable for service businesses
- Providing real-time financial data for retail companies
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Freelancers with very low transaction volume
- Businesses that do not use a cloud-based general ledger
- Companies looking for a simple service and not a comprehensive platform
🏆 Alternatives
More comprehensive than tools that only handle one part of the process (like Dext for receipt capture or Bill.com for AP). More automated than human-powered services.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (Enterprise tier)
🔒 Compliance & Security
💰 Pricing
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