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Why choose Docyt over M3?

With Docyt, you save 70% on accounting & reporting costs. You get great support and employee training at no extra cost.

Capterra 4.6/5

4.6/5

Apple App Store 4.6/5

4.6/5

G2 4.9/5

4.9/5

See how Docyt stacks up against M3

Choosing the right hospitality accounting solution for your business isn’t an easy decision. Not all hospitality accounting solutions are built the same. This page is dedicated to helping you understand the different offerings and features between Docyt’s and M3 so you can decide on the best solution that fits your needs.

Docyt

  • Real-time automated reconciliation
  • Real-time bank feed
  • Artificial Intelligence based data extraction
  • Zero manual data entry
  • Powerful multi-entity managementFully Automated
  • AI powered transaction categorizationFully Automated
  • Fraud detection & preventionFully Automated
  • Automated coding of categories or accountsAI-powered
  • Reduce accounting costs by 80%
  • Increase efficiency by 15x
  • Onboard in under 60 minutes
  • Get started without any prior trainingEasy-to-use product that you can start using from Day 1.
  • Flexibility to work with any type of business
    (view complete business portfolio health in one place)
  • Native mobile & web apps
  • Powerful approval workflows on your phone
  • Scheduled & recurring payments
  • Real-time Chat with managers & accountant
  • Business partner sync
  • Financial reports on any deviceReal-time & on your phone
  • Expense reports & reimbursements
  • In-app powerful document scanner
  • Right vendors paid every single time
    (correct payment amounts every time)
  • Approval audit trails on your phone
    (easily accessible)

M3

  • Real-time automated reconciliation
  • Real-time bank feed
  • Artificial Intelligence based data extraction
  • Zero manual data entry
  • Powerful multi-entity managementManual
  • AI powered transaction categorizationManual, no AI
  • Fraud detection & preventionManual, no AI
  • Automated coding of categories or accountsManual
  • Reduce accounting costs by 80%Manual
  • Increase efficiency by 15xManual
  • Onboard in under 60 minutesManual
  • Get started without any prior trainingRequires long and expensive training sessions.
  • Flexibility to work with any type of business
    (view complete business portfolio health in one place)Requires long and expensive training sessions.
  • Native mobile & web appsRequires long and expensive training sessions.
  • Powerful approval workflows on your phoneRequires long and expensive training sessions.
  • Scheduled & recurring paymentsRequires long and expensive training sessions.
  • Real-time Chat with managers & accountantRequires long and expensive training sessions.
  • Business partner syncRequires long and expensive training sessions.
  • Financial reports on any deviceRequires long and expensive training sessions.
  • Expense reports & reimbursementsRequires long and expensive training sessions.
  • In-app powerful document scannerRequires long and expensive training sessions.
  • Right vendors paid every single time
    (correct payment amounts every time)Requires long and expensive training sessions.
  • Approval audit trails on your phone
    (easily accessible)Requires long and expensive training sessions.
Service
Docyt
M3
Real-time automated reconciliation
Real-time bank feed
Artificial Intelligence based data extraction
Zero manual data entry
Powerful multi-entity management
Fully Automated
Manual
AI powered transaction categorization
Fully Automated
Manual, no AI
Fraud detection & prevention
Fully Automated
Automated coding of categories or accounts
AI-powered
Manual
Reduce accounting costs by 80%
Increase efficiency by 15x
Onboard in under 60 minutes
Get started without any prior training
Easy-to-use product that you can start using from Day 1.
Requires long and expensive training sessions.
Flexibility to work with any type of business
(view complete business portfolio health in one place)
Native mobile & web apps
Powerful approval workflows on your phone
Scheduled & recurring payments
Real-time Chat with managers & accountant
Business partner sync
Financial reports on any device
Real-time & on your phone
Expense reports & reimbursements
In-app powerful document scanner
Right vendors paid every single time
(correct payment amounts every time)
Approval audit trails on your phone
(easily accessible)

Four reasons why hoteliers choose Docyt

Get real-time accounting with AI

Experience the power of real-time accounting, driven by Docyt’s advanced AI and automation. Remove the mundane bookkeeping tasks that can be efficiently handled by AI, saving you valuable time and effort.

More efficiency through automation

Increase your back-office efficiency as Docyt streamlines your accounting workflows. Automation reduces the need for manual human intervention, allowing you to focus on core aspects of your hotel business, and scale without being bogged down by repetitive bookkeeping tasks.

Tailored for hospitality

Docyt offers specialized financial reporting and access to industry-standard metrics. Always stay informed about your business's performance with ease, enabling you to make faster and data-driven decisions in order to stay ahead in the competitive hospitality landscape.

Scale business with ease

Avoid wasting time pulling financial data from multiple sources. Get real-time financial reporting and dashboards to understand you business' financial health so you can easily see where to save and spend. With automation and real-time financial reporting, you can scale easily.

There’s a better way to do automated accounting.
Get speed, efficiency and accuracy with Docyt

Reduce book closing times by an average of

12 Days

Reduce revenue accounting errors by

95%

Eliminate manual data entry work by

40

hours/month

Docyt is a proud hospitality and lodging industry partner

Highly rated by Docyt users

G2 Highperformer4
G2 Reviews
Capterra Reviews
Bhupen Client

"I decided to give Docyt a try when I realized my books had fallen behind by a few months. Onboarding was swift. So far, they’ve lived up to my expectation of a smart, paperless back office for my hotels. Now, my bookkeeping happens real-time and is error-free. With Docyt’s simple chat, I get quick answers on invoices, financial transactions or anything work-related from my employees.

Getting accurate monthly P&Ls is cherry on the cake!"

Bhupen Magan​

President, Raya6 Investments

I decided to give Docyt a try when I realized my books had fallen behind by a few months. Onboarding was swift. So far, they’ve lived up to my expectation of a smart, paperless back office for my hotels. Now, my bookkeeping happens real-time and is error-free. With Docyt’s simple chat, I get quick answers on invoices, financial transactions or anything work-related from my employees.

Getting accurate monthly P&Ls is cherry on the cake!

Bhupen Magan​

President, Raya6 Investments

Bhupen Client

Get AI-Powered Accounting

Automate your way to profit using Docyt’s real-time accounting platform

Capterra 4.6/5

4.6/5

Apple App Store 4.6/5

4.6/5

G2 4.9/5

4.9/5
Img Cta Laptop Real Time Business Dashboard