Docyt

Docyt is an AI-powered accounting automation platform that eliminates manual bookkeeping by ingesting receipts, invoices, bank feeds, and credit card transactions and categorizing them automatically using machine learning trained on millions of accounting entries. The platform maintains a continuous, real-time general ledger rather than producing month-end snapshots, giving owners and CFOs an always-current view of financial health. Docyt's proprietary AI reads documents with human-like accuracy, extracting vendor names, amounts, line items, and GL codes, then routes transactions for approval or posts them directly depending on confidence thresholds set by the accountant. The multi-entity dashboard is particularly valuable for businesses operating across several locations or legal entities, consolidating P&L, balance sheets, and cash flow statements in a single view. Docyt integrates natively with QuickBooks Online and QuickBooks Desktop, writing verified journal entries back to the ledger so accountants retain their existing workflows. A built-in document vault stores every receipt and invoice with full audit trails, satisfying IRS documentation requirements. The revenue reconciliation module auto-matches point-of-sale deposits against bank settlements, dramatically reducing month-end close time for hospitality, retail, and franchise businesses.

AI Models

Key Features

• Real-time continuous general ledger with AI categorization
• Document OCR extracts vendor, amount, and GL code from receipts
• Multi-entity consolidated P&L and balance sheet dashboard
• Automated revenue reconciliation for POS-to-bank matching
• Configurable approval workflows with confidence-based routing
• Native QuickBooks Online and Desktop two-way sync
• IRS-compliant document vault with full audit trails
• Month-end close automation reducing close cycle by up to 80%

Integrations

Pricing

Pros & Cons

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