Fewer spreadsheets. Fewer surprises.
Every month, we ship features built around how hotels actually run. October’s releases take on the work that eats into every finance team’s calendar: assembling owner packets, chasing deposits that don’t match, explaining uncleared items at close, and catching duplicate bills before they’re paid.
Here’s what Docyt customers, from single properties to multi-hotel management companies, gained in October.
Feature Spotlight: Packet Builder
Build owner and lender reports in seconds
Skip the manual work of gathering spreadsheets, running the numbers, and formatting reports before every board meeting.
- Build an owner, management, or board packet in a few clicks. Choose the packet you need and a month, and Docyt assembles one polished PDF with a cover page and table of contents.
- Built for single hotels and portfolios. Single hotels can build owner or management packets. Portfolios can also build board packets, which combine every property’s balance sheet and P&L, plus multi-year trends, into one file.
- Set it up once. Docyt emails the packet to owners or lenders every month. The Daily Revenue Flash and Daily Labor Flash reports can be scheduled the same way.
Why it matters: The owner package stops being a monthly project. It’s ready, consistent, and in owners’ inboxes without anyone rebuilding it by hand.
Connect Your AI Assistant to Docyt
Claude connection now available
Docyt is now a connector in Claude. Customers connect their Docyt account and ask questions like “How did RevPAR compare to last October?” or “What did we spend with our top vendors this quarter?” No switching apps or digging through reports.
With it, Docyt customers can:
- Explore P&L, balance sheet, and cash flow for any property or period
- Compare months or years and track occupancy, ADR, and RevPAR
- See a combined view across the whole portfolio
- Look up vendor spend and bank transactions
- Spot missing bank statements and transactions waiting for review
Data stays protected. Claude can only view data, never change it, and only for the properties a user already has access to in Docyt. ChatGPT and Muse connectors are coming soon. Read More→
Protect Every Dollar of Revenue
Card deposits that match themselves
Processors often lump several days of sales into one deposit. Docyt now works out which days each deposit covers and matches them automatically.
Why it matters: No more working backwards from a lump-sum deposit to figure out which days of sales it paid out.
Catch card sales that never reach your bank
Docyt flags any card payment that doesn’t show up in your deposits, then keeps it open until your team resolves it, writes it off, or adds a note.
Why it matters: Nothing gets lost or forgotten.
Daily cash tracking
Managers enter the counted drawer total at closing, and Docyt checks it against that day’s sales. At month-end, it matches daily totals to bank deposits and shows any cash collected but never deposited.
Why it matters: Cash shortfalls surface the day they happen, not weeks later during close.
Close the Month Faster
Docyt AI explains uncleared transactions
Docyt AI matches each uncleared expense or revenue item to its bank transaction, explains what’s going on, and drafts the reconciliation note for review.
Why it matters: Your team reviews an explanation instead of investigating every open item from scratch.
Prepaids and accruals, tracked monthly
Prepaid insurance and unbilled expenses are spread across the right months, with anything that doesn’t add up flagged at month-end.
Audit-ready trial balance
A new Activity view shows beginning balance, debits, credits, and ending balance for every account, with P&L accounts split by department. Available on Docyt Ledger.
Tighter Control Over Spend
Invoice duplication alerts for hotel portfolios
For multi-property groups, Docyt checks every new invoice against all hotels in the group. If it finds a match, it shows which property has the other copy and holds payment until someone decides.
Flag duplicate corporate card receipts
Corporate card receipts with the same merchant, amount, and date are now flagged for the approver automatically, so duplicates get caught before anything is approved.
Fast-track invoices from trusted vendors
Mark a vendor as trusted, like a utility or long-time supplier, and their invoices skip approval and go straight to Ready to Pay. Every invoice also shows the vendor’s preferred payment method (ACH or check).
Easy forwarding for misfiled documents
An invoice or receipt uploaded to the wrong property can be forwarded to the right one, even without access to that property.
Why it matters: Duplicates get stopped before money goes out, routine bills stop clogging the approval queue, and misfiled paperwork finds its way home.
Smarter Budgets and Forecasts
Keep room forecasts realistic
Customers are now alerted whenever a day’s rooms forecast falls below what’s already on the books, and can correct it in one click. They also see month-to-date actuals alongside the forecast, so they always know where the month is heading.
Full audit trail for the chart of accounts
Every change to the chart of accounts is now logged, showing who changed what and when, with old and new values side by side, ready to export for audits.
See Docyt in Action
These are just October’s releases. Docyt customers get new capabilities like these every month, built for how hotels run. Schedule a personalized demo with our experts today. Book a Demo Today→
