Blog
Hotel accounting and business intelligence insights
Operator-first writing on revenue reconciliation, close engineering, payments, multi-entity finance and how AI actually works in the back office. 411 articles and counting.
Why the Integral Role of ChatGPT in Accounting Cannot Be Ruled Out
The rise of ChatGPT in accounting has taken the world by storm. This revolutionary app has streamlined most manual processes and emerged…
Cash vs. Accrual Accounting – What Suits Your Business Best?
As the renowned author, Auliq Ice rightly said, “Not making the right decision means forgoing an opportunity.” In today’s ever-evolving f…
5 Ways Generative AI Tools Boost Ecommerce Accounting
Navigating a fast-paced e-commerce business requires not only agility but also precision. Often fraught with human error and inconsistenc…
Docyt AI’s Financial Reports: Your Path to Smarter Business Insight
Accurate and timely financial reports are non-negotiable to monitor financial health, track performance, and plan for future initiatives.…
Catch-up Bookkeeping: Avoid Falling Behind with AI-Automated Software
Are you a small business owner who finds yourself drowning in bookkeeping tasks? As your business grows, keeping up with the ever-increas…
Start the year off right: Key financial focus areas for multi-entity businesses in 2024
As we usher in 2024, multi-entity businesses find themselves at a crossroads with a unique opportunity to revolutionize their financial m…
The Perils of Neglecting ChatGPT in Accounting Processes
In the ever-evolving landscape of technology, accounting professionals find themselves on the brink of a transformative era. Despite sign…
8 Helpful Tips for Accountants to Prepare for the January 15th Tax Deadline
As the January 15th tax deadline approaches, firms of all sizes are at the critical juncture of balancing the end of the previous tax yea…
Revolutionize the Expense Management Process with Docyt’s Corporate Credit Card Solution
With a substantial rise in business travel in the last two decades, management and reconciliation of Corporate Credit Card expenses have…
Generative AI vs Predictive AI in Accounting Software: Why it Matters
If you’re an accounting professional or a small business owner, you’ve probably heard the buzz around “Predictive AI” and “Generative AI.…
Revenue Accounting: Reconciliation vs Recognition and Why it Matters
The ASC 606 and Revenue Recognition Principle Let’s start with a quick refresh of ASC 606. ASC 606, short for Accounting Standards Rule 6…
December 2023 Product Updates | Achieve a faster month-end close
Discover our latest feature releases for achieving more precise revenue tracking and a faster month-end close. Stay on Top of Your Client…
Introducing Docyt’s Innovative Dеposit Tracking Systеm
You are about to experience a seismic shift in how you manage your finances and trust us, you are going to love it! Wе’rе thrillеd to ann…
The Costly Oversight: How Companies Ignoring AI in Accounting Bleed Thousands of Dollars Daily
Once rightly said by Benjamin Franklin, ‘a Penny Saved is a Penny Earned’. Amid rising fears of a global recession in 2024, accounting fi…
Marking a Year of Groundbreaking Innovation.
This year was monumental for us with the launch of Docyt AI powering real-time accounting. We commend and celebrate the efforts of our ta…
Understanding AI-Powered Document Data Extraction
In today’s digital agе, whеrе businesses thrive on streamlined workflows and еfficiеncy, thе rolе of documеnt еxtraction cannot bе undеrs…
The Key Benefits of AI-Powered Automated Balance Sheet Reconciliation
Like most business owners and accountants, you’re probably very familiar with the countless hours spent preparing a balance sheet. Imagin…
Comparison: Manual to Automatеd Month-End Closе
Imaginе this: it’s thе еnd of thе month, usually you are dreading the day full of time-sucking tedious tasks, but not this time. You are…
November 2023 Releases
What’s new in Docyt this month? Big announcement! This month, we’re rolling out four exciting enhancements. We’ve fine-tuned things to ma…
Docyt Expands C-Suite with Seasoned Execs to Help Usher in Next Phase of Growth
Key Executive Hires Follow the Recent Addition of New Generative AI Capabilities to Docyt’s AI-Driven Accounting Automation Platform Sant…
Corporate Finance Make-Over With Generative AI Accounting Software
Are you a corporate finance leader looking to transform your internal finance process? If you are in need of an innovative solution to k…
Docyt Partners with Scarlet Connect to Improve Hotel Reputation Management
Santa Clara, CA – November 16, 2023 – Docyt, a leading AI-powered accounting automation platform delivering real-time accounting and fina…
5 Brilliant Generative AI Use Cases for Accounting Firms
Boost Efficiency, Accuracy, and the Client Advisory Experience Are you exhausted from spending countless hours on repetitive accounting…
Automating Revenue Cycle Accounting & Management with Docyt
Do you feel stuck in a seemingly endless stream of numbers, receipts, and bills? You are not alone. Most of us in the accounting professi…