What’s New at Docyt for Hospitality: July Product Updates
Smarter Hotel Accounting, One Upgrade at a Time Summer travel season means peak occupancy, busier nights, and tighter margins. At Docyt, we’re making sure your back office can keep pace. Based on feedback from hotel operators and finance teams, our July updates are designed to reduce manual work, speed up reconciliation, and strengthen internal controls—so […]
What’s Breaking Your Franchise Accounting & How AI Accounting Is Fixing It Today.
Finance and accounting management is tough. But everything a business has to go through, a franchise has to go through 10 times more, be it problems, complexities, or risks. Because every hurdle is only amplified in franchise accounting. You’ve got layered revenue recognition, multi-entity management headaches, strict franchise agreement rules, and tangled tax implications across […]
Why Every GM Should Track GOPPAR, Not Just RevPAR, in 2025’s Volatile Market
RevPAR is a fundamental and widely trusted metric in hotel performance. By combining occupancy and average daily rate, it provides a clear picture of how much revenue each room is generating. It’s straightforward to measure, simple to benchmark, and quickly reveals whether your top line is moving in the right direction. In regular market conditions, […]
Breaking Down RevPAR Index: How Hoteliers Leverage STR Reports to Win Market Share
RevPAR is often the first number that owners and operators look at – and for good reason. It is simple, direct and perfectly ties together both occupancy rate and daily rate into one easy-to-compare figure. As the most tracked metric in the hotel business, RevPAR gives you a solid sense of how much revenue you’re […]
Docyt Sets New Standard for AI-Powered Accounting with Launch of High Precision Accounting Intelligence (HpAI), Purpose-Built AI for Accounting Automation
New AI Architecture and Agentic AI Model Framework is Trained on 128 Billion Accounting Data Points to Ensure Accuracy, Speed, and Audit-Readiness Mountain View, CA – August 6, 2025 – Docyt, the leader in AI-powered accounting automation, today unveiled Docyt High Precision Accounting Intelligence (HpAI), a next-generation AI engine purpose-built to automate complex accounting workflows […]
Labor Shortage Solutions: How Docyt Improves Hotel Efficiency with Smarter Scheduling & Payroll Optimization
Labor shortages have shifted from being a challenge to becoming a constant in hotel operations. Roles that once took days to fill now remain open for weeks, staff availability fluctuates, turnover stays high, and for most general managers, managing the schedule feels like managing a crisis. Still, guests continue to arrive with the exact expectations. […]
Prevent Revenue Leakage: Automate Night Audit and Reconciliation with Docyt
Revenue leakage in hotel accounting isn’t rare. It’s systemic, and in most hotels, it’s inevitable. A significant portion of this leakage can be attributed to night audits. And what makes this type of revenue leakage dangerous is that it’s difficult to detect until it inflicts ruinous damage. Hotel Night Audits & How Revenue Leaks Evade […]
Five Common Accounting Mistakes Hurting Your Franchise P&L (And How AI Automation Fixes Them)
In most franchise hotels, accounting doesn’t get the spotlight. It’s expected to run in the background while operators focus on guests, teams, and property upkeep. That’s fair. However, when the back office fails, the ripple effect impacts everything from cash planning and rate strategy to cost control. And one obviously can’t run a tight operation […]
The Ultimate Guide to Optimizing Occupancy and RevPAR in 2025: Data-Driven Tips for Franchise Hoteliers
Ask any seasoned franchise hotelier what still drives profitability in 2025, and the answer hasn’t changed: Occupancy and RevPAR. But knowing these metrics or tracking trends doesn’t guarantee results. But data is abundant now – isn’t it? Yes, today’s franchise hoteliers sit on a goldmine of information. From STR reports and OTA rate shops to […]
How to Trust Your AI Without Losing Your Mind: A Guide to Confidence Scores
You know that feeling when you’re 99% sure you locked the front door, but there’s still that tiny voice asking “but what if I didn’t?” That’s basically how AI thinks about every accounting decision it makes—and thankfully, it’s honest about it. The “How Sure Are You?” Question Every time your AI suggests something like “Hey, […]
Stop the Month-End Madness: Why Small Accounting Firms Are Ditching the Traditional Close
Picture this: It’s the last week of the month, you’re drowning in coffee cups, and your partner just asked “Where are we on the Phillbrick account reconciliation?” Sound familiar? You’re Not Alone in the Month-End Struggle If you’re running a small accounting firm, you know the drill. Every 30 days, it’s like someone hits the […]
What’s New at Docyt for Accounting: June Product Updates
Midyear hustle is real—and we’re here to make it smoother. This month’s updates are all about visibility, efficiency, and collaboration. From real-time close tracking to a smarter client experience and upgraded task management, every new feature is designed to help lean accounting teams scale with confidence. Welcome to the Future of Accounting Workflows With powerful […]