November 2024 Product Updates
In the last month, we’ve made some exciting upgrades to the Docyt mobile app and document management features! Read on to learn what’s new at Docyt for November 2024. EXPENSE MANAGEMENT Simplified Settlement Management for Multiple Businesses Managing and tracking settlements between entities just got easier. Docyt AI now automatically matches accounts, balances them, and […]
October 2024 Product Updates
BUSINESS CHATS Introducing Business Chats, your new go-to communication hub in Docyt! Now, users can connect with their teams and clients all in one place. Say goodbye to juggling emails and scattered messages or relying on external tools. Docyt’s Business Chats feature centralizes communication, making it easier to track and collaborate with teams and clients. […]
September 2024 Product Updates
BUSINESS REPORTS Simplify your financial analysis with the Owner’s Statement variance calculation. Want to compare items on your Owner’s statement to a previous month or year? Now you can! This report update allows you to add “previous period” and “last year” columns, along with PP$, variance, and variance % columns, helping you derive actionable insights […]
August 2024 Product Updates
BUSINESS REPORTS Fully customize your report downloads Users can customize their download preferences even further! These new changes give more flexibility in report and column selection, column types, and the option to include or exclude drill-downs. Learn More BUSINESS REPORTS Take a closer look at labor metrics with Docyt’s enhanced hospitality Labor Reports Want a more […]
July 2024 Product Updates
GENERAL SETTINGSSingle Sign-On (SSO) with Google Users can now log into Docyt with their Google account. Simply enable it within the Docyt app and you’re all set. Learn More RECONCILIATION CENTEREnhanced Chart of Accounts (COA) Management Across Multiple Business Fast COA management across multiple businesses in your portfolio is now possible with Docyt. You can […]
Introducing GARY! The World’s First AI Bookkeeper
Santa Clara, CA – July 16, 2024—Docyt, the frontrunner in AI-driven accounting automation technology, is excited to introduce GARY, the world’s first AI bookkeeper. GARY combines Precision and Predictive AI models with Generative AI tools to streamline the digital back office for small and midsize businesses. It automates manual bookkeeping processes and accelerates the month-end […]
June 2024 Product Updates
ACCOUNTS PAYABLE Compliance Policy | New Rules & Restrictions Invoice Approvals 🛂 Docyt users can set up extra rules and restrictions for users who upload invoices. Designate a different user as the invoice “Approver,” or set up a specific rule for automatic approval based on invoice amounts or types, ensuring no self-approved expenses slip through. Learn […]
May 2024 Product Updates
☀️ Summer is coming, which means it’s a great time for a mid-year financial check, and this month’s product updates are here to help you with just that. From enhancing Docyt’s in-product capabilities to new integration announcements, we’ve got everything you need to keep your finances in check. Streamline Multi-Business Accounting with Multiple Chart of […]
Streamline Accounts Payable with Docyt’s AI Invoice Line-Item Extraction Feature
The AI Invoice Line-Item extraction feature for Accounts Payable streamlines the invoice processing workflow by eliminating manual data entry for invoices containing multiple line items. This blog explores how Docyt’s AI Invoice Line-Item extraction can bring efficiency and accuracy to your accounts payable department. https://docyt.com/wp-content/uploads/2024/04/AI-Line-Item-Extraction-Demo.mp4 Boost Efficiency in Accounts Payable with Docyt’s AI-powered Invoice Processing […]
April 2024 Product Updates
Spring is here! 🌸 Do your finances need a little sprucing up? Explore our latest product updates from the past month. Docyt Mobile App: Voice-to-Message Feature for Managing Flagged Transactions Managing flagged transactions is faster than ever, giving users an easy way to quickly respond (by voice message) to flagged transactions right from their mobile […]
How to Pay Multiple Vendors in One Quick Bulk Action
Payment processing can be a tedious process, especially if you’re processing payments one by one. Docyt has recently enhanced its AI-powered accounting platform to allow bulk payments across multiple vendors. This allows users to quickly process payments for multiple vendors, enabling significant time savings. This blog reviews the benefits of processing payments in bulk within […]
Introducing Docyt’s New Portfolio Financial Insight’s Dashboard
If you’re a business owner managing multiple entities, it can be difficult to compare and analyze each entity’s financial performance, especially if you’re relying on manual processes; and most accounting automation systems fall short in this area. Docyt’s Portfolio Dashboard enables business owners to analyze how their entities stack up against each other and identify […]
