Accounting, with its high volume of data and recurrent workflows, is a great candidate for automation. Artificial Intelligence (AI) makes your operations faster and less labor-intensive.
Here’s how automation can help you and your team.
Docyt is an AI automation layer for accounting software.
Manual rules are time consuming for you to build and maintain. Whereas Docyt instantly learns from you as you categorize transactions and match them to their respective receipts or invoices. Our cutting edge machine learning eliminates the need for rules.
Docyt closely inspects all incoming data. Among the thousands of inputs, it's able to identify and flag unusual transactions and documents. If you have a duplicate bill, an unusual charge from a vendor, or a completely new vendor, Docyt will alert you.
You benefit from others who have already used Docyt. Docyt learns industry verticals and vendors which means it could already recognize and categorize your transactions, invoices and receipts before you train it.
Docyt automatically finds and matches receipts and invoices to their respective bank transaction.
Keep track of key accounts and close with confidence.
Get your lenders, investors, and partners the most up-to-date financial reports.
Stay up to date with each vendor's W9, business address, and ACH information.
Get timely alerts before important business documents, like licenses, expire.
Docyt provides in-depth details to your tax CPA, so that you don't need costly extensions.
“Before Docyt, I had a non-stop flow of transactions and receipts from our corporate credit cards that I had to manually manage. Docyt has streamlined our receipts workflow and automated the reconciliation of our credit cards. I no longer need to build and manage any rules! Now my time has freed up considerably and I can focus on other important aspects of our business.”Loretta FuFinancial Officer at Vet Rocket, LLC