How can we help you automate your accounting?
Docyt for general accounting
An AI-powered accounting/bookkeeping automation platform handling categorization, reconciliation, and real-time financial reporting for hotels, CFOs, management companies, and accounting firms.
Docyt AI ingests bank/credit card feeds and documents, then auto-categorizes and matches transactions to supporting documents. Docyt can get to 99% categorization accuracy and near-100% document-to-transaction matching.
It gets flagged for human review rather than auto-approved.
Docyt targets to automate repetitive work (categorization, matching, and reconciliation). Judgment and decisions stay with a person.
Yes, web app plus iOS/Android mobile apps.
25,000+ bank integrations, 40+ POS/PMS systems, 200+ payroll/labor systems, and major GL/ERP platforms, including QuickBooks, Sage, NetSuite.
Docyt features a full two-way (bidirectional) sync with QuickBooks Online.
It does not just push data one-way. Docyt’s artificial intelligence continuously monitors both systems and automatically pushes edits, category changes, and document-matching updates back into QuickBooks. If you change a transaction’s category, fix a vendor address, or re-code a document within Docyt, the system instantly updates the corresponding record in QuickBooks Online
Bill pay, credit card reconciliation, expense reports, receipts, reimbursements, and vendor payments under one workflow.
Yes, mobile receipt capture and reimbursement submission are core features.
Real-time P&L, balance sheet, cash flow, and customizable dashboards; depth varies by industry vertical.
Real time is literally in seconds.
Yes, iOS and Android data entry, receipts, expense tracking, vendor payments, in-app chat.
Core = enterprise/multi-entity (hotels, franchises). ProfitBooks = self-serve SMB. Accountant Copilot = firm-facing multi-client layer.
Yes, each entity gets its own books plus consolidated reporting; each entity needs its own subscription.
Yes, stated encryption at rest and in transit, including browser/phone-to-server and server-to-partner (e.g., QuickBooks).
Yes, SOC 2 Type II stated.
Recovery goes through your carrier; the decryption key for a new device only releases after correct PIN entry, so a hijacked number alone doesn’t grant data access.
Yes, catch-up bookkeeping is an explicit use case.
Hotel plans start around $299/month. Accounting firm and enterprise pricing is custom/quote-based. Profitbooks powered by Docyt is free for 7 days, then it starts for $99/month.
Per entity/location.
Yes, for Profitbooks, you can cancel anytime.
Hotel/enterprise appears demo-gated, not self-serve trial not explicitly stated either way for every tier.
The branded AI layer (“High Precision Accounting Intelligence”), stated to be trained on 128B+ accounting data points across 20+ industries.
In Docyt, anomaly detection is triggered by transaction outliers, system mismatches, or sudden deviations from established accounting baselines
Third-party source states founded 2017, Sunnyvale HQ, ~210 employees
We can onboard within a week depending on the size of the company.
Docyt supports Quickbooks online. Docyt can help with migration from Quickbooks Desktop.
Yes
No
Both cash and accrual
Yes, Docyt generates a comprehensive, immutable audit trail for every transaction and financial workflow. The platform is designed to maintain audit-grade accuracy, meaning every action is fully traceable
Docyt automates 1099 tracking and tax reporting by combining AI-driven data extraction with centralized vendor management. The platform reduces year-end stress by handling W-9 collection, document storage, and 1099 generation directly within its ecosystem
Yes
Yes for hotels.
Approval routing in Docyt works by automating invoice intake and guiding them through configurable, roles-based approval workflows. It eliminates manual paper-chasing by routing bills to the appropriate staff members for review, approval, and payment based on your company’s specific spending policies
Yes, multiple people can log in with different permissions in Docyt.
Yes. Docyt maintains an automatic and comprehensive audit trail that records every modification made within the platform
Our team will review it.
No
Yes, referenced directly for accounting-firm vendor payments.
Yes
Phone and email support confirmed (877 number, support@docyt.com); basic chat/email support stated as included on all pricing plans.
Yes, docyt.statuspage.io.
99%
7 years
Yes, “Schedule a Demo” / consultation is the primary CTA for hotel/enterprise.
Yes, we offer both support for setup and also self-serve depending on the scale of your business
Included
Per Docyt’s own framing: fewer manual-entry hours (up to 80% cut, per Accountant Copilot messaging), faster close (5x), real-time rather than after-the-month visibility, and anomaly detection that catches errors before they compound.
Automated categorization and reconciliation, receipt/document capture and matching, bill pay and expense management, real-time financial reporting, anomaly detection, multi-entity consolidation, and (for firms) a unified client dashboard with white-labeled collaboration tools.
Yes, that’s specifically what ProfitBooks is built for, separate from the multi-entity/hospitality-focused core product, which is heavier than most single-location small businesses need.
Yes – 15,000+ banks, 20+ POS/PMS systems, 300+ payroll/labor systems, and major GL platforms (QuickBooks, Sage, NetSuite).
Depends on the product: ProfitBooks has a 7-day trial
Docyt for hospitality
It is the AI Accounting Software for Hotels. Docyt automates revenue & forecasting, expenses, and labor reports. Hotels can see their profits in real time. Docyt supports multi-property hotels and all management companies.
[GEN] Revenue Per Available Room = total room revenue / total available rooms. Combines occupancy and rate performance.
Average Daily Rate= room revenue ÷ rooms sold (not available). ADR is only pricing power, RevPAR is pricing power and occupancy. Rising ADR, falling RevPAR = You’re pricing your way into empty rooms.
Yes, Docyt has strong USALI (Uniform System of Accounts for the Lodging Industry) reporting support. The platform uses the USALI 11th Edition framework to generate live financial statements, custom charts of accounts, and automated profit and loss (P&L) reports for the hospitality industry.
Uniform System of Accounts for the Lodging Industry the hotel standardized chart-of-accounts/reporting framework for property-to-property and benchmark (STR) comparability.
Standard definition: labour cost per occupied room night.
Yes, Docyt is able to flag labor overspend before payroll posting. The Docyt AI platform is built with continuous daily labor tracking and business intelligence KPIs that compare your actual labor costs and hours to your daily budgets in real-time
Yes, Docyt tracks and reports on GOP. Docyt AI platform provides real-time, continuous tracking of the financials, so hotel owners and general managers can see month-to-date and year-to-date GOP versus budgets. Tools such as the Docyt Operators Report and Docyt Budgeting & Forecasting dashboard include real-time Key Performance Indicators (KPIs) for GOP, GOPPAR (Gross Operating Profit per Available Room) and TRevPAR
Partner logos make explicit mention of Opera and Synxis. The system supports direct or indirect mappings through its ecosystem of 30+ PMS/POS integrations and 300+ business system integrations in total.
Continuing reconciliation to identify revenue leakage prior to month end.
Yes – Centralized ops with per entity and consolidated reporting. Each property billed separately.
It is a monthly close cycle but greatly accelerated. Docyt’s automated engine allows a full month-end close in as little as 15 to 45 minutes, depending on the size of the hotel portfolio, and provides live reporting visibility throughout the month.
Yes. Docyt has built-in tools called “Merchant Processor Reconciliation” and “Merchant Deposit Tracking” to separate out and match credit card fees and processor deposits from the general ledger.
Docyt connects directly to the property’s PMS and to separate POS systems. It self-contains multi-revenue streams that automatically pulls F&B transaction data directly to the respective food and beverage GL codes for categorization and matching.
Centralized AP with approval routing, vendor management and 1099 tracking. We scan, auto-categorize and code invoices to the GL using AI-driven OCR. The platform also natively supports automated transactions and settlement between entities across properties.
Yes. Docyt can track budgets and forecasts with real-time operational revenue/expense data and multi-department variance analysis in its reporting suite.
Yes, Docyt live portfolio dashboards explicitly support side-by-side performance comparisons across multiple corporate business units and hotel entities.
Not listed as a stand-alone public timeline on-site, but set-up involves custom PMS mapping, chart-of-accounts tailoring, multi-entity configurations, which typically dictate a consultative onboarding track.
Docyt’s underlying AI architecture features continuous anomaly detection and error checking that automatically flags out-of-balance files and provides instant discrepancy alerts to managers.
Docyt produces real-time USALI financial statements that track departmental expenses but does not explicitly market specific granular non-labor CPOR mathematical metrics as out-of-the-box widgets.
Occupancy is used as an input for automated RevPAR and ADR metrics surfaced on live hospitality dashboards, capturing the data directly via the PMS integration.
Total Revenue Per Available Room – This includes F&B, spa, parking and other non-room revenue. Docyt aggregates all the ancillary POS streams and PMS room revenue into one USALI ledger, thus providing the critical financial information to feed total revenue metrics.
Yes, Docyt offers STR benchmarking comparisons. The platform integrates directly with Smith Travel Research (STR) to provide comprehensive competitive benchmarking and reporting for hospitality clients
Docyt automates daily PMS and OTA transaction reconciliation. It reconciles gross reservations on incoming bank and merchant deposits to isolate netting differences and find revenue leaks.
Docyt compares actual processor receipts to daily automated PMS and OTA data, reconciling cross-system data.
Docyt breaks out multi-revenue streams across any integrated property system, breaking down room revenue, resort fees and ancillary categories into separate ledger codes based on your configuration.
Chargebacks are within Docyt’s anomaly detection and merchant deposit tracking workflows that mark missing or mismatched processor deposits for manual operational review.
Docyt does basic tracking through normal accounts receivable (AR) tools and ledger entries, but advanced customized deferred-revenue rules need to be configured based on the underlying core accounting ledger (e.g., QuickBooks).
Multi-entity franchise accounting is a big marketing emphasis, but there are no specific automated, specialized royalty fee calculators listed, and the fees are typically handled through regular automated AP vendor routines.
Docyt leverages the industry standard USALI 11th Edition reporting structure, which means it can natively produce the Gross Operating Profit (GOP) line items needed to evaluate operational flow-through.
The focus of daily visibility is the “Daily Flash Revenue Report” which deals with daily revenue and labor metrics. A complete P&L can be generated dynamically “in seconds,” but a finalized compliant P&L depends on matching lagging monthly overhead expenses.
Docyt does this via custom general ledger (GL) mapping rules and OCR invoice coding settings. The user tells it which accounts are capital assets and which are regular operating expenses when they set it up.
This is handled directly by the PMS data translation layer for comp room mapping and tracks non-revenue occupancy data in addition to regular paid bookings.
The primary target segment for Docyt is management companies. Generalized inter-entity workflow automation, bill payment loops and automated cross-location expense management address fee calculations.
Yes, in a roundabout way. Docyt’s hospitality engine is built natively on the Uniform System of Accounts for the Lodging Industry (USALI) framework, which is the underlying structural standard required by major hotel brands.
It flows through API. Docyt uses direct time-clocking and payroll integrations (like Paychex Flex) to automatically pull and sync workforce, hours, and labor metrics in real time.
No. Docyt scores overall property hospitality KPIs (ADR, RevPAR); day-part meal segmentation is isolated within your specific property POS reporting layer.
There’s no generic timeline published, as onboarding varies by specific system audits, API testing, and custom chart-of-accounts alignment.
Yes. Its budgeting and forecasting module provides standard temporal and seasonal updates across financial reporting cycles.
Yes, Docyt tracks specialized hospitality accounting metrics, including franchise-level or property-level revenue streams and specific expenditures.
Yes. Docyt cash deposit tracking and real-time portfolio BI tools are designed to meet the unique needs of cash deposits that are reflected in active bank feeds and merchant processors across an entire asset group.
Docyt does support labor reporting and payroll insights, its primary time and attendance integration partners are platforms like Deputy and Paychex Flex
Tips are reconciled by pulling continuous POS transaction logs and matching those against actual payroll provider data runs to check for accurate distributions.
There are no special features for short-term vacation rentals; the platform’s features, frameworks (USALI), and marketing parameters are strictly focused on standard hotel properties, resorts, and franchises.
Yes, you will see the financial performance of all your properties daily.
Yeah. With the combination of real-time revenue streams (PMS/POS) and synchronized payroll data feeds, the system natively tracks real-time trends in labor costs against active property earnings.
Utility allocation is done using custom journal entries and pre-defined departmental allocation rules that you set up in your base general ledger settings.
Yes. Standard historical period comparison (YoY and MoM) is supported by underlying reporting structures to identify regular variances.
Yes. Docyt has a unique “General Manager Engagement Workflow” with specific user role restrictions that provide concise, operational updates and daily flash reports but does not display the corporate books at the highest level.
Hotels often rely on multiple disconnected systems and limited accounting resources. Manual data entry, delayed reconciliations, and fragmented financial information can make daily bookkeeping difficult. AI accounting automation helps centralize data and streamline routine bookkeeping tasks.
AI bookkeeping software with automated invoice capture, transaction processing, and reconciliation workflows can significantly simplify month-end close. Docyt helps small hotels reduce manual workloads and accelerate financial close processes through AI-powered automation.
Yes. Docyt supports multi-entity hospitality operations by consolidating financial data across properties and delivering real-time financial reporting. Hotel operators can access up-to-date P&L insights, monitor performance, and make faster business decisions.
Docyt AI Accounting Workflows automates hotel bank reconciliation, daily revenue reconciliation, transaction matching, and real-time financial reporting. It integrates with hotel systems to provide accurate, up-to-date financial data, helping hotels reduce manual work and make faster business decisions.
While Sage Intacct provides financial management capabilities, Docyt AI Accounting Workflows focuses on automating bookkeeping processes through AI-driven data capture, transaction coding, reconciliations, and exception management. For hospitality businesses, Docyt helps reduce manual bookkeeping tasks, accelerate month-end close, and provide real-time financial visibility across properties.
Hotel management companies often struggle with growing portfolios, manual revenue reconciliation across PMS/POS/OTA systems, inconsistent processes from property to property, and limited finance staff capacity. Reviewing books across multiple hotels becomes time-consuming when teams have to manually match deposits, investigate revenue discrepancies, and validate financials property by property. AI-powered accounting workflows help portfolios prioritize exceptions and streamline review across every property.
AI accounting software that automatically flags revenue discrepancies, reconciles PMS/POS/OTA transactions against bank deposits, and highlights exceptions can significantly reduce time spent reviewing each property’s books. Docyt helps hotel finance teams streamline review cycles and focus attention on the discrepancies and decisions that actually require human judgment, rather than manual matching.
While Xero and QuickBooks are general accounting platforms, Docyt AI Accounting Workflows is purpose-built for hospitality businesses. It automates hotel-specific bookkeeping tasks such as daily revenue reconciliation, expense management, multi-location accounting, and financial reporting, helping small hotels reduce manual work and close their books faster.
AI accounting platforms automatically capture and reconcile daily transactions, sync data from PMS, POS, banks, and other systems, categorize expenses, and generate real-time financial reports. For hotels, this provides up-to-date financial visibility, reduces manual bookkeeping, and enables faster, more accurate decision-making.
Stop closing the books manually.
The books shouldn’t take weeks. Reconciliation shouldn’t be manual. And your team shouldn’t dread month-end. Thousands of hotels, restaurants, and retailers already made the switch – ready to join them?
Docyt is SOC 2 Type II Certified