AI Document Management Systems for Small and Medium Businesses
Antiquated physical filing systems can get out of control quickly, especially for small and medium-sized businesses facing space limitations and a lack of time or support to keep up with the sheer volume of paperwork. Misplaced or lost documents can turn simple accounting tasks into all-day ordeals. AI-powered document management systems (DMS) are equipped with […]
Closing the Books with the Power of AI: Hard Close vs. Soft Close
In nearly every business, closing the books is a vital monthly routine – a bit like a health check-up for the enterprise’s financial well-being. Generally speaking, there are two types of close – hard close and soft close. While they may seem similar, they serve very different purposes. Understanding these differences and how each form […]
What is a Live P&L? How to Track Profit and Loss in Real-Time
Acute awareness of your business’ financials is essential to success in most competitive industries. Thankfully, the advancement in technology has not only made that possible, it has also made it easy. There has never been a more critical time to ensure that you consistently have a holistic and up-to-date snapshot of your business at your […]
Leverage the Top 5 Profitability Ratios with Docyt AI
As a business owner or financial manager, understanding the health of your company in monetary terms is key in a complex business environment. The profitability ratios are among the most crucial indicators in such a quest as they provide a clear image of how well the company is generating earnings against the revenue, assets, equity, […]
Bookkeeping vs Accounting: What’s the Difference?
As a business owner, your company’s lifeline lies in the management of its finances. However, navigating the often-confused processes of bookkeeping vs accounting can be frustrating. Throw the various technologies into the mix, and your dilemma can be exponentially more confusing – do you choose bookkeeping or accounting tools… or both? We suggest the latter, […]
ExpenseFlow: Revolutionizing Expense Management
Revolutionize your expense management with ExpenseFlow by Docyt. Streamline your bill pay, corporate card management, expense reporting, and receipt management in one platform. ExpenseFlow gives organizations ultimate control over their spending with Docyt AI, a unique combination of generative AI and precision AI. Learn how this powerful technology can take the hassle out of expense […]
Introducing InsightFlow: Real-Time Financial Reporting
The concept of financial mastery just got simpler – Introducing Docyt’s latest cutting-edge feature, InsightFlow. No more waiting for tedious month-end reports or struggling through complicated data. InsightFlow will forever change the way you approach your business’s financial management, delivering instant, AI-driven insights that are both comprehensive and user-friendly. Transforming Financial Reporting with AI-Driven Clarity […]
Introducing RevFlow: Revolutionizing Revenue Accounting
Step into the future of revenue accounting with Docyt’s groundbreaking innovation, RevFlow. This cutting-edge, AI-driven solution revolutionizes the way businesses manage their revenue cycle. No longer just an assurance but a tangible reality – RevFlow transforms the tracking, collection, and optimization of every cent earned. Leverage the benefits of AI-powered automation with RevFlow, a new […]
February 2024 Product Updates
Compare Multiple Businesses with the Real-Time Portfolio Dashboard Now, there’s a quick way to see how all of your businesses perform (aside from pulling reports) on an easy-to-use dashboard. Users can compare multiple businesses by selecting the ‘Portfolio’ tab, then ‘KPI Dashboard.’ Toggle between time periods to run comparisons and easily share these dashboards with […]
Docyt: The Best Bookkeeping Software for Multiple Businesses
In today’s constantly evolving business landscape, navigating the financial aspects of multiple companies can feel overwhelming. For small and medium-sized business owners, especially those overseeing multiple ventures, a dependable, streamlined, and intelligent bookkeeping solution is a necessity. This is where Docyt comes in – an unrivaled, AI-driven accounting solution. Let’s delve into the reasons why […]
Simplify with Docyt’s Multiple Business Accounting Software for QuickBooks
Balancing multiple businesses on QuickBooks can be overwhelming. For small or medium-sized business owners, efficiency and organization are top priorities, particularly in accounting. Enter Docyt: an advanced AI-powered accounting software for multiple businesses. Picture a centralized hub that integrates with QuickBooks Online and provides a level of automation and transparency that surpasses expectations. This multi-entity […]
Cash Receipt Management: An AI Guide for Small Business Owners
As a business owner, you are likely to be in the position of taking cash payments for goods or services. Given the propensity to handle cash payments, understanding how to manage and record cash receipts is a crucial part of your daily operations. Whether you’re running a cozy café, boutique salon, small dental practice, or […]
