Docyt is an AI accounting automation platform that extracts, categorizes, and matches financial data from bank feeds, receipts, invoices, and POS/payroll systems to keep ledgers updated in real time. It is used heavily by multi-location and multi-entity businesses, such as hotel groups and franchises, as well as accounting firms serving those clients. Docyt layers on top of QuickBooks or operates as a standalone system depending on the plan.
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