Full Review
Docyt (pronounced “docket”) positions itself as a complete back-office automation platform, going beyond simple bookkeeping to address the full range of accounting operations. The platform is particularly strong for multi-entity businesses like franchises and hospitality groups.
Two-Tier AI Approach
What makes Docyt’s automation effective is its dual AI strategy. Precision AI - trained on your specific business patterns - handles 80% of transactions automatically. For the remaining 20% that are more ambiguous, Generative AI steps in to provide context-aware categorisation. This combination delivers higher automation rates than single-approach systems.
Real-Time, Not Batch
Traditional bookkeeping operates on a monthly cycle - you close the books, then see the results. Docyt maintains a real-time ledger, so you can see expenses and profitability as they happen. For businesses needing current financial visibility, this is a significant upgrade.
Multi-Entity Excellence
Where Docyt really shines is in multi-entity scenarios. Franchises, hotel groups, restaurant chains - any business managing multiple locations benefits from centralised control. See consolidated reports across all entities, or drill down to individual location performance. Each entity maintains its own books while rolling up to unified reporting.
Hospitality Focus
Docyt has invested heavily in hospitality integrations. Toast, HotelKey, Visual Matrix PMS, SkyTouch - the platform speaks the language of hotels and restaurants. The 30+ POS integrations mean transaction data flows in automatically, reducing manual entry.
Smart Mailroom
The document management system is surprisingly capable. The Smart Mailroom automates document requests, processing, and organisation. AI-driven resolution handles flagged transaction responses. This reduces the back-and-forth that typically slows down accounting workflows.
Implementation Considerations
Each business entity requires its own Docyt subscription. For multi-location operations, this means calculating costs based on your total entity count. The platform has a learning curve - getting the most from comprehensive features requires investment in setup and configuration.
Our Recommendation
Docyt is well-suited for complex, multi-entity operations where centralised control and real-time visibility are priorities. The dual AI approach delivers strong automation, and the hospitality integrations are best-in-class. Simple single-entity businesses may find it more than they need, but for franchises, hotel groups, and restaurant chains, Docyt offers compelling value. The 7-day free trial makes evaluation low-risk.