What it does
Docyt is an AI-based accounting, payments and business intelligence platform from Docyt, Inc., aimed mainly at hotels and also at restaurants, retailers and franchises. It connects to property management (PMS), point-of-sale (POS), payroll and bank systems to automate daily bookkeeping, revenue reconciliation, bill pay and reporting on its own multi-entity ledger. Docyt describes it as an AI-native ERP that keeps books reconciled every day.
Official source 1 ↗Features
- Daily revenue reconciliation. Docyt matches PMS and POS transaction data against bank deposits and merchant payouts every day and flags mismatches. It tracks each merchant processor account separately, along with OTA payouts and chargebacks. Official source 1 ↗ · Official source 2 ↗
- Continuous close. Books are reconciled throughout the month so close can happen when the period ends, with a digitized document trail behind each transaction. The Accounting Suite includes a Closing Agent and a Quality of Books Agent. Official source 1 ↗ · Official source 2 ↗
- Bill pay and corporate cards. The Payments Suite captures and codes invoices, routes bills through approval workflows, pays vendors by ACH, check or card, and draws corporate card spend from live budgets. It also manages vendors, W-9 collection and 1099 filing. Official source 1 ↗ · Official source 2 ↗
- Multi-entity accounting. Docyt keeps books for each legal entity in a portfolio, reconciles intercompany transactions automatically, and produces consolidated and standalone statements, including USALI owner packages. Official source 1 ↗
- Business intelligence and forecasting. The Business Intelligence Suite provides a daily revenue and labor flash, owner reports, budgeting, scenario planning and AI revenue forecasting from PMS, STR and on-the-books data, with drill-down from portfolio to transaction. Official source 1 ↗
- Precision AI with human review. Docyt's HpAI uses purpose-built models for categorization, document matching, revenue mapping and reconciliation, with a confidence score on each decision. When a model is not confident, the item goes to Docyt's in-house accountants, and each entry records its source, decision, confidence and reviewer. Official source 1 ↗
- Ask Docyt AI. A conversational copilot answers questions in plain language with evidence attached; Docyt says its generative models do not have write access to the ledger on their own. Ask Docyt AI is included in all three suites. Official source 1 ↗ · Official source 2 ↗
- PMS, POS, payroll and bank integrations. Docyt reads the night audit from more than 20 property management systems, connects to POS, payroll and bank feeds, and offers general ledger sync and migration. Its homepage cites 300+ systems and over 25,000 financial institutions. Official source 1 ↗ · Official source 2 ↗ · Official source 3 ↗
- Data migration and catch-up. A Migration Agent maps the chart of accounts to USALI and imports historical books from systems such as Sage Intacct, NetSuite or QuickBooks; Docyt says a portfolio can go live within 24 hours of receiving exports. A separate Catch-Up Accounting service cleans up backlogs. Official source 1 ↗
Pricing & free limits
Revenue posting from PMS and POS, merchant deposit and chargeback tracking, continuous bank and card reconciliation, continuous close agents, payroll accounting, multi-entity and owner reporting, live financials, and a dedicated hospitality accountant with onboarding. Unlimited users and all integrations. Official source 1 ↗
Bill Pay, corporate cards, receivables, vendor management and 1099 filing, and budget controls. Added to the Accounting Suite; checks and ACH carry transaction-based fees. Pricing is via sales. Official source 1 ↗
Daily Flash, budgeting, forecasting, scenario planning, market segmentation, CRM integrations and target flow management. Added to the Accounting Suite; Daily Flash is also sold on its own. Official source 1 ↗
All three suites together for portfolios, with pricing that falls as property count rises, an outcome-based accounting service, portfolio migration included, enterprise data access, multi-owner permissions and a named account team. Official source 1 ↗
A separate service for months or years of unreconciled books: historical bank, card, PMS and POS import, bulk AI categorization and reconciliation, and line-by-line statement verification. Official source 1 ↗
Billing details
Hotel plans include unlimited users, all integrations, onboarding and training; Docyt says there are no per-user, integration or training fees and no exit penalties. Official source 1 ↗
Hotel and enterprise plans are annual contracts with monthly billing. Official source 1 ↗
Vendor payments by check and ACH carry transaction-based fees disclosed on the order form; corporate cards have no monthly fee. Official source 1 ↗
Standard onboarding is included, but historical data migration and catch-up accounting are priced separately; migration is included with portfolio plans. Docyt mentions paid pilots credited against the first year. Official source 1 ↗
Free access & limits
Free access and its limits were not established by the checked official sources.
Best for & limitations
A hotel management company keeps books for many properties and entities on one USALI chart of accounts, with consolidated portfolio reports and owner packages. Official source 1 ↗ · Official source 2 ↗
A property owner checks each morning that PMS and POS revenue matches bank deposits and card payouts, to catch missing revenue or chargebacks. Official source 1 ↗
A finance team moving off QuickBooks, NetSuite or Sage imports its history and clears months of unreconciled books before going live. Official source 1 ↗
An owner asks ChatGPT or Claude for a property's profit and loss or last week's occupancy, ADR and RevPAR through the read-only connector. Official source 1 ↗
- U.S. only. Docyt's privacy notice says the service is currently available in the U.S. only. Official source 1 ↗
- Hospitality focus. The product, integrations and reporting (USALI, RevPAR, ADR) are built mainly around hotels; restaurants, retail and franchises are covered on the same suites, so general small businesses outside these sectors are not the stated audience. Official source 1 ↗ · Official source 2 ↗
- Annual contract, quote-based tiers. Hotel and enterprise plans are annual contracts, and the Enterprise Suite and the Payments and BI add-ons are priced through a sales quote rather than published. Official source 1 ↗
- AI assistant connector is read-only. Through ChatGPT, Claude or Muse you can only read data; categorizing or editing transactions, uploading documents and running close must be done in Docyt. Assistants need a paid plan that supports connectors. Official source 1 ↗
- Uses Google Gemini models. Some automations run on Google Cloud Vertex AI (Gemini models). Docyt says customer data is not used to train AI models and is set up for zero retention. Official source 1 ↗
- SOC 2 report under NDA. Docyt is SOC 2 Type II compliant, but the report is only shared with customers and prospects under NDA. Official source 1 ↗
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