Articles from Docyt

Docyt, the leader in AI-powered accounting automation, today unveiled Docyt High Precision Accounting Intelligence (HpAI), a next-generation AI engine purpose-built to automate complex accounting workflows with unmatched precision. This product launch follows Docyt’s recent pre-Series B funding round, which added $12M in new capital led by Pivot Investment Partners and existing investors. The funding will help scale Docyt’s AI solutions across accounting firms and multi-entity businesses.

Docyt, the frontrunner in AI-driven accounting automation technology, is excited to introduce GARY, the world’s first AI bookkeeper. GARY combines Precision and Predictive AI models with Generative AI tools to streamline the digital back office for small and midsize businesses. It automates manual bookkeeping processes and accelerates the month-end close from a matter of weeks to just 45 minutes through continuous reconciliation.

Docyt, the frontrunner in AI-driven accounting automation technology, is partnering with x·quic™ on a bundled services offering that empowers hotel owners and franchisees to seamlessly integrate Docyt’s real-time bookkeeping capabilities with x·quic OTA Savings. The combined solution uses AI-driven workflows to streamline financial management and maximize hotel profitability, from single locations to expansive franchise operations.

Docyt, the frontrunner in AI-driven accounting automation technology, will unveil new voice-based transaction categorization functionality at AAHOACON24. Docyt will demonstrate this and other new features of its AI-powered real-time accounting platform at this year’s show in booth #1625.

Docyt, the frontrunner in AI-driven accounting automation technology, unveiled Docyt University as a free resource for accountants and other financial personnel to train and become certified on the latest advanced AI accounting tools. The rich online curriculum centers on AI-driven accounting automation techniques that streamline workflows, improve accuracy, and give accountants a clearer path to achieving their business objectives.

Docyt, the frontrunner in AI-driven accounting automation technology, announced that Baglan Rhymes Gurel has joined the company as Chief Marketing Officer, and Darren Genstil has been appointed to the role of Chief Revenue Officer. These key hires significantly expand Docyt’s executive leadership team and position the company for continued growth in key SMB & SME market segments.

Docyt, a leading AI-powered accounting automation platform delivering real-time accounting and financial reporting to help business owners automate the back-office and accelerate profitability, is proud to announce a strategic partnership with Scarlet Connect, an innovative hotel management solution designed by a team of hoteliers who know first-hand how to streamline hotel sales, operations, and guest experiences.

Docyt, the frontrunner in AI-driven accounting automation technology, launched Docyt AI, incorporating advanced Generative AI features into its Precision AI-based platform to create the industry’s most robust accounting intelligence and automation solution. Docyt AI streamlines and accelerates accounting processes like never before, empowering accounting professionals to eliminate manual tasks in financial workflows and gain precise, real-time visibility into the financial health of their businesses.

Docyt, an accounting automation software platform that transforms bookkeeping for small-and-medium-sized businesses, today announced a $11.5 million Series A fundraising round led by Lobby Capital with participation from First Rays Venture Partners and Morado Ventures.

For the past decade, in addition to their day job, accountants have curated accounting tech stacks for their clients. It's been time consuming and expensive to evaluate, purchase, and manage multiple apps for each client. Today, they can trade up to Docyt, a bundled, end-to-end accounting automation software platform that integrates with QuickBooks Online and is now available on the QuickBooks App Store.