Docyt Features
What are the features of Docyt?
Client Invoicing
- Project Accounting / Revenue Recognition
Mobile
- Receipt Capture
Administration
- Business Tool Integration
- Workflow
- Automated Reminders
- Policy Compliance Management
- User, Role, and Access Management
- PCI Regulation Compliant
Platform
- Reporting
- APIs / Integration
- Internationalization
- Performance and Reliability
- Mobile User Support
- Offline
Analytics
- KPIs
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Technology Glossary Features
View definitions of the features and discover new technology terms.
Docyt Categories on G2
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Expense Reports
Bank / Credit Card Integration | Can easily pull in receipts from all credit card statements This feature was mentioned in 12 Docyt reviews. | 86% (Based on 12 reviews) | |
Smart Categorization | As reported in 13 Docyt reviews. Automatically assigns categories/accounts based on past entries and credit card statements | 88% (Based on 13 reviews) | |
Digital Receipt Management | As reported in 13 Docyt reviews. Provides various methods to easily capture receipts digitally and can automatically parse receipts to create expenses report entries. Methods may include mobile photos, desktop drag and drop, etc. | 90% (Based on 13 reviews) | |
Credit Card Integration | As reported in 13 Docyt reviews. Integrates with corporate or personal credit cards (import or bi-directional) | 88% (Based on 13 reviews) |
Client Invoicing
Invoice Creation and Delivery | Based on 12 Docyt reviews. Ability to create and send printable or electronic invoices. Includes standard invoice style library that can be customized/branded. | 85% (Based on 12 reviews) | |
Electronic Payments | As reported in 12 Docyt reviews. Accepts electronic payments from clients | 85% (Based on 12 reviews) | |
Project Accounting / Revenue Recognition | As reported in 13 Docyt reviews. Provides adequate reporting and/or can integrate to AP systems to recognize revenue appropriately | 92% (Based on 13 reviews) |
Mobile
Receipt Capture | As reported in 16 Docyt reviews. Can easily capture receipts, parse receipts and convert/assign them to a report from mobile device | 91% (Based on 16 reviews) |
Administration
Business Tool Integration | Provides standard connectors for popular Finance, Payroll, HRMS and CRM systems This feature was mentioned in 17 Docyt reviews. | 94% (Based on 17 reviews) | |
Workflow | Based on 16 Docyt reviews. Routes Timesheets, Invoices, Expense reports through approval process. Easy to maintain and administer | 95% (Based on 16 reviews) | |
Automated Reminders | As reported in 18 Docyt reviews. Sends automatic reminders to employees that have not completed expenses reports and/or timesheets | 96% (Based on 18 reviews) | |
Policy Compliance Management | See feature definition | Enables administrators to create rules that enforce compliances of corporate time and expense policies This feature was mentioned in 17 Docyt reviews. | 96% (Based on 17 reviews) |
User, Role, and Access Management | Based on 16 Docyt reviews. Grant access to select data, features, objects, etc. based on the users, user role, groups, etc. | 94% (Based on 16 reviews) | |
PCI Regulation Compliant | Complies with PCI security standards 15 reviewers of Docyt have provided feedback on this feature. | 94% (Based on 15 reviews) |
Platform
Reporting | Access pre-built and custom reports and dashboards. 17 reviewers of Docyt have provided feedback on this feature. | 94% (Based on 17 reviews) | |
APIs / Integration | As reported in 15 Docyt reviews. Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc. with other software applications. | 92% (Based on 15 reviews) | |
Internationalization | Enables users to view and transact business with the same content in multiple languages and currencies. 16 reviewers of Docyt have provided feedback on this feature. | 85% (Based on 16 reviews) | |
Performance and Reliability | As reported in 17 Docyt reviews. Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took. | 93% (Based on 17 reviews) | |
Mobile User Support | Based on 16 Docyt reviews. Allows software to be easily used on multiple mobile devices include phone and tablet devices. | 95% (Based on 16 reviews) | |
Offline | As reported in 16 Docyt reviews. Provides users ability to create and access expense reports/timesheets while not connected to internet. | 76% (Based on 16 reviews) | |
Embedded AI / Machine Learning | Offers embedded AI/machine learning This feature was mentioned in 12 Docyt reviews. | 86% (Based on 12 reviews) | |
Complex Approval Workflow | As reported in 12 Docyt reviews. Provides workflow for complex approval structures | 88% (Based on 12 reviews) |
Data Management
Consolidation | Based on 13 Docyt reviews. Consolidate information from multiple sources or multiple entities | 91% (Based on 13 reviews) | |
Classification | Based on 13 Docyt reviews. Classify information by category, supplier, or supplier | 91% (Based on 13 reviews) | |
External Sources | Integrate with external sources for market intelligence This feature was mentioned in 12 Docyt reviews. | 82% (Based on 12 reviews) | |
Integration | Integrates with ERP systems general ledgers for transfering of AP transaction data This feature was mentioned in 12 Docyt reviews. | 90% (Based on 12 reviews) | |
Cleaning | Ability to cleanse and consolidate AP data This feature was mentioned in 12 Docyt reviews. | 89% (Based on 12 reviews) |
Analytics
Benchmarking | Provide benchmarking options for comparison with peers This feature was mentioned in 12 Docyt reviews. | 82% (Based on 12 reviews) | |
KPIs | Based on 13 Docyt reviews. Include standard spending KPIs that can be customized | 90% (Based on 13 reviews) | |
Compliance | Based on 12 Docyt reviews. Deliver reports for compliance purposes | 94% (Based on 12 reviews) | |
Errors | Analysis that identifies errors in AP processes such as duplicate payments, anomalies, and fraud 12 reviewers of Docyt have provided feedback on this feature. | 93% (Based on 12 reviews) | |
Due Dates | As reported in 10 Docyt reviews. Track invoices based on due dates to identify overdue payments | 100% (Based on 10 reviews) | |
Benchmarking | Ability to compare AP automation metrics with other companies | Not enough data | |
KPIs | Monitor KPIs such as time to process an invoice or erroneous payments This feature was mentioned in 10 Docyt reviews. | 83% (Based on 10 reviews) | |
Due Dates | Track invoices based on due dates to identify overdue payments This feature was mentioned in 11 Docyt reviews. | 98% (Based on 11 reviews) | |
Cashflow | Analyze variations between incoming and outgoing cash This feature was mentioned in 11 Docyt reviews. | 95% (Based on 11 reviews) | |
KPIs | As reported in 11 Docyt reviews. Monitor KPIs such as time to process an invoice or erroneous payments | 83% (Based on 11 reviews) | |
Payment Tracking | As reported in 12 Docyt reviews. Track different types of payment such as deposits or partial payments | 96% (Based on 12 reviews) |
Invoice Management
Capture | Provide features to capture invoices such as import or scanning | Not enough data | |
Supplier Portal | Allow suppliers to submit invoices using an online portal | Not enough data | |
Repository | Deliver a central repository of AP documents, such as POs and invoices | Not enough data |
Invoice Processing
Matching | Ability to match AP invoices to POs, contracts, or payments | Not enough data | |
Payments | Identify incomplete or late supplier payments | Not enough data | |
Workflows | Include workflows for approvals and invoice processing | Not enough data | |
Tax Compliance | Comply with local and global tax regulations for collections | Not enough data | |
Approvals | Include workflows for approvals of invoices or payments | Not enough data | |
Batch Processing | Process multiple invoices without human intervention | Not enough data | |
Consolidation | Allow users to consolidate multiple invoices into one This feature was mentioned in 10 Docyt reviews. | 95% (Based on 10 reviews) | |
Match Invoices | Match invoices with purchases and sales orders, as well as with payments | Not enough data |
Integration
Accounting | Provide integration with accounting and financial management software | Not enough data | |
Payment Integration | Integrate with payment gateways and enterprise payments software | Not enough data | |
ERP | Deliver integrations with accounting modules of ERP systems | Not enough data | |
Accounting | Provide integration with accounting and financial management software | Not enough data | |
Payments | Integrate with payment gateways and enterprise payments software | Not enough data | |
ERP | Deliver integrations with accounting modules of ERP systems | Not enough data | |
Account Sync | Based on 11 Docyt reviews. Sync with company accounts to transfer payments for approved invoices | 92% (Based on 11 reviews) |
Invoice Generation
Templates | Provide standard invoice templates that can be customized by users | Not enough data | |
Digital Invoices | Ability to convert invoices to digital formats such as PDF | Not enough data | |
Recurring Invoices | Automatically generates invoices at pre-defined time intervals | Not enough data |
Risk
Analysis | Reduces future risks through root cause analysis and process improvement 10 reviewers of Docyt have provided feedback on this feature. | 95% (Based on 10 reviews) | |
Identification | Reduces frequency of errors, identifies risk and improves efficiency | Not enough data | |
Scoring | Scores suppliers and employees based on risk factors | Not enough data |
Recovery
Recoup | Identifies and recoups funds and prevents errors from happening again | Not enough data | |
Reporting | Offers reporting to aid in minimizing future lost profits and process breakdown | Not enough data | |
Historical payments | Approve, reject, or query historical payment transactions to identify anomalies This feature was mentioned in 13 Docyt reviews. | 94% (Based on 13 reviews) | |
Overpayments | As reported in 12 Docyt reviews. Recover overpayments, duplicate payments, or unused credits from suppliers | 89% (Based on 12 reviews) |
Audit
Filters | Includes a library of audit-tested filters to identify AP outliers that are outside company policy | Not enough data | |
Post Audits | Conducts a post-audit analysis of large volumes of data to identify historical payment errors and automatically generate claims | Not enough data | |
Overpayments | Detects and prevents a wide range of overpayment errors | Not enough data | |
Duplicates | Detects and prevents a wide range of duplicate payments | Not enough data |
Fraud
Vendor Checks | Enables automatic checks of new vendors being set up in the system to combat potential billing schemes | Not enough data | |
Data Generation | Generates comprehensive data needed to conduct a thorough investigation | Not enough data | |
Monitoring | Provides continuous, proactive fraud monitoring across multiple systems and data formats | Not enough data |
AP Data Processing
Workflows | Based on 10 Docyt reviews. Constantly evaluate AP transactions to optimize workflows | 93% (Based on 10 reviews) | |
Transparency | Improves management oversight by reconciling external data against internal transaction data | Not enough data | |
Controls | As reported in 10 Docyt reviews. Strengthens process controls by using analysis to proactively reduce errors before they happen and detect fraud risk | 90% (Based on 10 reviews) |
Communication
Client Portals | As reported in 11 Docyt reviews. Provide portals for customers to communicate with accountants | 97% (Based on 11 reviews) | |
Automation | Automate client requests and reminders 11 reviewers of Docyt have provided feedback on this feature. | 97% (Based on 11 reviews) | |
Consolidation | As reported in 11 Docyt reviews. Consolidate communication between accountants and clients | 97% (Based on 11 reviews) |
Collaboration
Collaboration | Provide repository to collaborate on email, clients, jobs and tasks This feature was mentioned in 11 Docyt reviews. | 92% (Based on 11 reviews) | |
Tasks | Based on 11 Docyt reviews. Create tasks and sub-tasks with assignee, status and due date | 92% (Based on 11 reviews) | |
Version Control | Based on 11 Docyt reviews. Provide real-time access of files with the most updated versions | 94% (Based on 11 reviews) |
Billing
Reporting | Based on 11 Docyt reviews. Run reports on billing, time, revenue, credits, etc. | 94% (Based on 11 reviews) | |
Invoices | Create invoices for services provided and track payments 11 reviewers of Docyt have provided feedback on this feature. | 94% (Based on 11 reviews) |
Onboarding
Templates | Standardize the onboarding process with templates 11 reviewers of Docyt have provided feedback on this feature. | 95% (Based on 11 reviews) | |
Checklists | Assing tasks and checklists to new clients 11 reviewers of Docyt have provided feedback on this feature. | 97% (Based on 11 reviews) | |
New Client | As reported in 11 Docyt reviews. Create new client in system once propsal is accepted | 95% (Based on 11 reviews) |
Visibility
Job Status | As reported in 11 Docyt reviews. Know where every job stands, who’s working on what, and what’s being said to clients | 91% (Based on 11 reviews) | |
Metrics | Track/uncover metrics to improve firm decisions and efficiency 11 reviewers of Docyt have provided feedback on this feature. | 92% (Based on 11 reviews) | |
File Organization | As reported in 11 Docyt reviews. Share, save, and organize files | 97% (Based on 11 reviews) | |
Audit Trail | Provide a detailed audit trail This feature was mentioned in 11 Docyt reviews. | 88% (Based on 11 reviews) | |
Notifications | Based on 11 Docyt reviews. Receive real-time notifications via email and/or IM about new assignments, updates, and due dates | 95% (Based on 11 reviews) | |
Integrations | Based on 11 Docyt reviews. Manage integrations for accounting, project management, email, data integration, or similar platforms | 95% (Based on 11 reviews) |
Reconciliation - Financial Reconciliation
Automation | As reported in 11 Docyt reviews. Automates the process of comparing financial transactions between different accounts, statements, or systems | 95% (Based on 11 reviews) | |
Bank Statements | As reported in 10 Docyt reviews. Helps match transactions recorded in the company's books with those in the bank statement | 98% (Based on 10 reviews) | |
Exceptions | As reported in 10 Docyt reviews. Alerts users when exceptions and discrepencies can't automatically be resolved | 85% (Based on 10 reviews) | |
Algorithms | Uses algorithms, such as rule-based matching, fuzzy logic, or machine learning techniques to help with comparing large sets of data | Not enough data |
Audit - Financial Reconciliation
Accuracy | As reported in 10 Docyt reviews. Ensures that financial records are accurate and precise, reducing the chances of errors that could lead to audit issues | 98% (Based on 10 reviews) | |
Compliance | Based on 10 Docyt reviews. Meets industry-specific compliance requirements and supports regulatory standards | 98% (Based on 10 reviews) | |
Reporting | Offeres customizable reporting features to provide a clear overview of the financial reconciliation process and any issues that may need attention 11 reviewers of Docyt have provided feedback on this feature. | 97% (Based on 11 reviews) | |
Audit Trail | Provides a detailed history of reconciliations and supports the accuracy of financial records 10 reviewers of Docyt have provided feedback on this feature. | 87% (Based on 10 reviews) |
Integrations - Financial Reconciliation
Accounting | Based on 11 Docyt reviews. Integrates with accounting platforms to allow the import and reconciliation of financial data | 100% (Based on 11 reviews) | |
Inventory | Integrates with inventory management systems to help reconcile financial data related to product movements, purchases, and sales | Not enough data | |
ERP | Integrates with ERP systems to reconcile financial data across various modules and departments This feature was mentioned in 10 Docyt reviews. | 98% (Based on 10 reviews) | |
Banking | As reported in 10 Docyt reviews. Integrates with banking systems to import and match bank transactions | 98% (Based on 10 reviews) |
User Permissions and Security - Financial Reconciliation
Access | As reported in 10 Docyt reviews. Offers role-based access control (RBAC) allowing administrators to define roles with specific sets of permissions | 90% (Based on 10 reviews) | |
Authentication | Uses features such as multi-factor authentication (MFA) to help ensure that only authorized users can access the software 11 reviewers of Docyt have provided feedback on this feature. | 94% (Based on 11 reviews) | |
Encryption | As reported in 11 Docyt reviews. Has encryption techniques to prevent unauthorized access or interception of data | 98% (Based on 11 reviews) | |
Regulations | Complys with regulations and standards, such as Sarbanes-Oxley (SOX), GDPR, or HIPAA | Not enough data |
