Docyt (pronounced "docket") acts as an AI "data refinery" for your business. It sits on top of your bank accounts and accounting software to provide real-time financial visibility, rather than waiting for a bookkeeper to close the books at the end of the month.
## Continuous Accounting
Docyt uses AI to categorize every transaction the moment it happens. It matches receipts to credit card swipes and invoices to bank withdrawals automatically.
### Why it's a "Real-Time" CFO:
1. **Revenue Reconciliation**: Automatically matches your Point-of-Sale (POS) data to your bank deposits to ensure every penny is accounted for.
2. **Profitability Insights**: Provides a daily view of your P&L, so you know your exact margins before the month is over.
3. **Automated AP**: Pay vendors with a single click; Docyt handles the data entry and syncs it to your ledger.
**Best for**: Small business owners, dental offices, and e-commerce founders who want a "hands-off" bookkeeping experience.