Use Case
The Advantages of Departmental Accounting
Your department heads are experts. Give them the ownership, transparency and control they need to maximize efficiency.
Real-time departmental P&L reporting and insights
Provide your department managers with real-time profit and loss (P&L) insights to increase accountability. Easily generate and share P&L reports at the department level only providing relevant financial data and insights tailored to each department.
Easily create and share department budgets
Share and create budgets within each department. Now your department managers can keep a close eye on finances, tracking and monitoring budgets to ensure better control over spending.
Department-level access controls
Manage the level of financial data shared when creating and distributing budgets and other financial reports among your business departments. Ensure that department leaders can access the company’s financial information without disclosing unnecessary details.
Assign approval rules
Easily set up and assign approval rules for paying expenses. Designate department leaders as payment ‘approvers’ for every expense within their department.
From Data to Dollars:
How to Maximize Business Impact with Automated Financial Reporting
Darlynn Sharpe
CPA, Director of Accounting Success Docyt
Mark Gose
CPA & Managing Partner, Gose LLP
Vipul Dayal
President, VNR Management, Inc.
Get started with Docyt AI
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