# How Docyt Accounting Automation Software Works

Docyt tames the chaos in your back office by collecting data and organizing it into actionable workflows, real-time business insights, and continuously updating and reconciling your accounting software.

### 1

### Collect

Docyt actively and passively collects data.

- **Bank feeds and POS revenue reports**: Docyt retrieves them directly.
- **Bills and receipts**: You can scan, photograph, or email them to Docyt.
- **Integrations**: Docyt retrieves data from payroll systems and accounting software.

### 2

### Organize

Then, the magic happens.

Once Docyt receives your data, it extracts, identifies, and organizes the data into actionable workflows within the Docyt app.

### 3

### Act

Now you can quickly take care of business!

Need to pay a bill?

Go to Accounts Payable.

### 4

### Reconcile

Since Docyt’s AI is 24/7, it provides continuous reconciliation of your accounting software and real-time insights into your company’s performance.

- Cash Flow
- Balance Sheet
- Profit and Loss

### 5

### Adapt

Docyt gives you a competitive advantage.

With real-time insights, you can quickly make smart adjustments to your business.

- Trim unnecessary expenses.
- Invest in select activities to grow your business.
- Order the right amount of inventory for the next day or the next month.
- Schedule employees to meet demand.

### 6

### Share

Docyt is built to be social. Invite your employees, service providers, clients, and business partners into your Docyt.

- Choose access levels through roles and permissions.
- Move workflows faster.
- Share real-time metrics to get alignment and gain momentum.
- Increase engagement and satisfaction across your business.

## Going Beyond

Docyt goes beyond accounting software by providing:

Native, all-in-one functionality - bill pay, expense reports, receipt capture, document storage, and collaboration tools.

Industry-specific financial reports and metrics.

Enterprise-class multi-entity management and reporting.

### Adapt

- Your data resides in your accounting software.
- Docyt has bi-directional sync.
- Your accounting software is your system of record.