Bill Pay - Accounts Payable Automation Software
Get unlimited paper and digital invoice scanning. Make payments using Docyt’s mobile or web app. Docyt gives you peace of mind with duplicate detection, access controls, and invoices and checks matched to bank transactions and autosynced to your accounting software.
How Bill Pay Works
Docyt's integrated, automated accounting platform powers your bill pay workflow from invoice to payment to reconciliation, all in one place.
Collect
Snap, email, scan, or upload your invoices.
Extract
Docyt uses Machine Learning to identify and extract data.
Pay
Verify, approve, and pay invoices in Docyt Accounts Payable.
Reconcile
Docyt matches transactions with payments and auto updates your accounting software.
Docyt Accounts Payable. Manage payments all on one screen!
Docyt Expense Reports Features
AI Data Extraction
It's unlimited, for all pricing plans.
Machine Learning
Provides greater accuracy than older OCR technology.
Docyt Check
Keep the float! We print and mail a paper check.
Docyt ACH
Pay electronically.
Future Payments
Schedule one-time or recurring payments.
Mark As Paid
Use cash, check, or credit cards. Mark as paid in Docyt.
Search
Find any payment or invoice via keywords.
Vendor Reports
Track spending by vendor.
Duplicate Detection
Docyt alerts you of duplicate invoices or payments.
Invoice Management
Pay many invoices with one payment. Or, pay one invoice with many payments.
Chat
Ask questions about an invoice. Search conversations.
Document Storage
Unlimited, encrypted document storage.
Pay Your Way. Keep the Float.
Docyt Check
Like bank bill pay, but better. With Docyt, funds remain in your account until the check is deposited. Docyt generates, prints, and mails a paper check and can include documentation like invoice stubs, renewal forms, and sales tax letters.
Mark as Paid
Pay on your own using cash, checks, or debit/credit cards. Just mark transactions as paid in Docyt and your accounting software will be automatically updated.
Docyt ACH
Move money quickly with electronic payments.
Docyt Scheduled Payments
Set up one-time and recurring payments with Docyt Check or ACH.
Customize Your Workflow
Use roles and permissions to define who has bill pay access and their level of participation.
Role-Based Access
Assign staff to different roles. Move workflows faster.
Upload
Verify
Approve
Pay
Approval Controls
Mitigate fraud. Assign approvers for approval of certain vendors or high dollar transactions.
Docyt Vendor Network
We cross reference every invoice against our 20,000 Verified Vendors.
Clean, accurate addresses and confirmed, legitimate vendors mitigates fraud.
Docyt AI Mitigates Fraud and Loss
To prevent unnecessary payments, Docyt AI actively evaluates every invoice. It's on the alert for:
- Duplicate Detection
- New Vendors
- Address Changes
- Accounting Categories
- General Ledger Codes
Bill Pay for Multi-Entity Owners
Docyt gives you a consolidated payment experience for all your business entities.
Inter-Entity Payment Splits
Docyt will record the expense and liabilities in each business' respective balance sheet in the accounting software.
Real-time financials
Since Docyt is continuously reconciling the accounting software, balance sheets are updated in real time.
Inter-Entity Settlements
At the end of the month, quarter, or year, make an ACH transfer or generate a Docyt check to transfer funds and complete settlement. Docyt will update each entity's balance sheets.
One Dashboard
See all entities in one place. Track how each location is performing in real time and make adjustments.
Franchise Owners Who Use Docyt
