Docyt is a Santa Clara-based AI-powered accounting automation platform serving small and mid-sized businesses and the accounting firms that serve them. At its core is Docyt’s proprietary High Precision Accounting Intelligence (HpAI) engine, trained on 128 billion data points across more than 20 industry verticals — built by the company’s own team of expert accountants over five years rather than adapted from a general-purpose LLM. This foundation enables agents to handle tasks typically assigned to junior bookkeepers: transaction categorization, continuous bank reconciliation, anomaly detection, and month-end close. The platform’s Accountant Copilot allows accounting firms to scale client capacity without adding headcount, while business owners get real-time financial visibility from a mobile app. Docyt has particular depth in hospitality (hotels, restaurants, multi-unit retail) and supports multi-entity consolidated reporting.
Docyt
Precision-AI bookkeeping automation for SMBs and accounting firms
Compliance
SOC 2
Key Features
- HpAI engine: A proprietary AI engine combining LLMs with accounting-specific precision models, trained on full-cycle bookkeeping data including ERP charts of accounts, vendor records, and bank transactions — adapts to each client in real time without retraining.
- Accountant Copilot: AI agents embedded in the workflow that simulate senior bookkeeper expertise, automating categorization, reconciliation, anomaly flagging, and month-end close for accounting firms managing multiple clients.
- Continuous bank reconciliation: Transactions are automatically matched and reconciled against supporting documents (receipts, invoices) in real time rather than waiting for month-end, keeping books perpetually current.
- GARY AI bookkeeper: A generative AI system (Generative Accounting Retrieval sYstem) that handles expense management, revenue accounting, and financial reporting, and responds to natural language queries about business performance.
- Multi-entity consolidated reporting: Manages bookkeeping for multiple business entities individually while producing consolidated financial reports, suited to franchises, hotel groups, or multi-location retailers.
- Mobile-first client experience: Business owners can approve bills, capture receipts, and view real-time P&L and balance sheets from a phone, reducing back-and-forth with their accountant.
Use Cases
- For accounting firms scaling client capacity: A firm uses Docyt’s Accountant Copilot to automate routine close tasks across dozens of client accounts simultaneously, allowing it to grow revenue without hiring junior staff.
- For hospitality operators: A hotel group connects its property management system, POS, and payroll to Docyt, giving owners real-time RevPAR and cost visibility without maintaining an in-house accounting team.
- For multi-location SMBs: A franchise or multi-unit retailer uses Docyt to standardize bookkeeping across locations and view consolidated financials in a single dashboard.
Pricing MODELS
Saas subscription
Pricing Summary
Tiered SaaS subscription. Exact tier pricing is not fully published; Docyt's pricing page lists plans by use case (restaurants, hotels, other small businesses, accounting firms). Contact sales or the website for current rates. SMB-accessible pricing rather than enterprise-only.
Company Size Fit
Mid-market SMB
Technical Snapshot
API Available
Yes
LLM Provider
Proprietary
Open Source
No
Deployment Options
Cloud Saas