Docyt

Docyt is a full-stack AI-powered bookkeeping and accounting platform designed for hotels, accounting firms, CFOs, and management companies. The platform delivers hands-free bookkeeping, real-time reporting, and automated financial workflows with 99% categorization accuracy and high-precision data extraction from over 500,000 vendors. Docyt replaces multiple systems with one integrated platform for multi-property hotel owners, franchise operators, and finance teams.

Key Features:

• AI-Powered Expense Management automates bill pay, credit card reconciliation, expense reports, receipts, reimbursements, and vendor payments with automated transaction categorization and vendor 1099 management.

• Revenue Accounting with Continuous Reconciliation connects with 30+ POS systems for data sync, automates revenue tracking, and provides smart insights on all revenue streams with continuous reconciliation.

• Labor and Payroll Insights tracks daily labor spend, payroll, and cost per occupied room across properties, comparing actuals against daily budgets to optimize staffing and improve GOP margins.

• Real-Time Financial Reporting provides customizable dashboards, industry-specific KPIs, P&L statements, balance sheets, and department-level access controls for faster data-driven decisions.

• Multi-Entity and Franchise Accounting centralizes accounting operations across multiple businesses with consolidated financial reports tailored to specific requirements.

• Docyt Accountant Copilot offers a centralized dashboard for managing all client accounts, tracking reconciliations, missing documents, flagged anomalies, and open tasks without logging into multiple systems.

• Docyt HpAI provides advanced AI for accounting precision with 128B+ accounting data points, 5+ years of model training, anomaly detection, and business intelligence reporting across 20+ industries.

• Smart Vault Document Management automatically organizes receipts, invoices, and financial documents with AI-powered linking to transactions for audit-ready transparency.

• Automated Month-End Close speeds up closing books with standardized processes, continuous bank reconciliation, and AI-powered transaction categorization.

To get started, schedule a demo through the Docyt website. The platform integrates with major accounting and ERP systems including QuickBooks, 15,000+ banks, 20+ POS and PMS systems, and 300+ payroll and labor systems. Docyt is SOC 2 Type II compliant for secure data handling.