Docyt Enterprise Suite
Payments Suite: control every dollar on the way out
Automated bill pay, corporate card management, accounts receivable, and vendor management in one system, governed by live budgets and auto-coded to the ledger as the money moves. Spend control and bookkeeping become the same motion. Accounts payable automation, a bill pay platform with duplicate invoice detection, receipt capture, and employee expense reports and reimbursements, all in one suite.
Modules
Everything between the invoice and the bank.
Bill Pay
Process thousands of invoices in minutes. Send invoices in by email, upload, scan or vendor portal. Docyt's Invoice Agent extracts, codes, checks for duplicates and routes for approval. Pay by ACH, check or virtual card in one click.
- Multi-property and multi-entity approval workflows
- Assign approvers with role-based permissions
- Split invoices across properties and departments
- Scheduled and recurring payments
- Remittance and payment status to vendors
Corporate Cards
Physical and virtual cards for GMs and department heads, with live budgets, receipt capture by text and automatic coding.
- Per-card and per-department limits
- Receipt matching by Docyt's Corporate Card Agent
- Policy rules that block out-of-policy spend
- Real-time card spend in the P&L
Accounts Receivable (AR)
Invoice groups, direct-bill accounts and city ledger with automated reminders, payment application and aging you can act on.
- Direct bill and group master accounts
- Automated dunning
- Payment matching to invoices
- AR aging by property
Vendor Management and 1099
One vendor master across the portfolio, W-9 collection, 1099 preparation and filing, and vendor spend analytics.
- W-9 and insurance collection
- 1099-NEC and 1099-MISC filing
- Duplicate vendor detection
- Spend by vendor across properties
Budget controls
Overspend stopped before it happens, not explained after.
Docyt's Payments Suite sits inside the ledger, so every bill and card swipe is checked against the live budget for that property and department. Approvers see the budget impact on the invoice, and anything that would blow the line goes up the chain before it is paid.
- Budgets flow from Docyt's BI Suite, no re-keying
- Approval routing by amount, vendor, department and variance
- GM-level visibility into committed spend
- Spend posts to the P&L the moment it is approved
What Docyt Payments Suite delivers.
Frequently asked questions
Can Docyt pay vendors by check, ACH and card?
Yes. Approved bills are paid by ACH, printed and mailed check, or virtual card from inside Docyt, with the payment posted to the ledger and the remittance sent to the vendor automatically.
Do I have to switch banks to use corporate cards?
No. Docyt Corporate Cards are issued by Docyt and funded from your operating account. Your existing bank relationships stay in place.
How do budget controls work?
Each property, department and vendor can carry a budget that comes from your approved budget in the BI Suite. Bills and card transactions are checked against it in real time, and anything that would exceed it is routed for approval before it is paid or posted.
Does Docyt's Payments Suite work with my existing GL?
Yes. It runs on Docyt's ledger and can sync to QuickBooks Online or another general ledger if you keep one for statutory reporting.
Can approvals happen on a phone?
Yes. Approvers see the invoice image, the coding, the budget impact and the vendor history and approve or reject from the Docyt mobile app.
See Docyt live
See how Docyt Enterprise Suite automates payments, accounting, and business intelligence, on one ledger.
- Control spend
- Stop revenue leakage
- Zero-day close
- Forecast with confidence