Docyt AI has announced a new AI-based bookkeeping tool called "GARY," which stands for Generative Accounting Retrieval sYstem. The Docyt platform uses AI to automate financial workflows for accountants and other finance personnel who use QuickBooks.
Franchisees in the hospitality space (Fairfield Inns, Wyndham, Choice Hotels, and Airbnb) and other organizations, such as Subway, Citgo, and Farmers Insurance, are currently using the company's AI accounting tools.
GARY combines Precision and Predictive AI models with Generative AI tools to streamline the digital back office for small and midsize businesses. Purportedly, GARY can automate manual bookkeeping processes and accelerate the month-end closing from 2+ weeks to 45 minutes.
GARY is designed to enhance account management by providing real-time assistance and key insights into financials. This makes it easier for account managers to handle their responsibilities effectively and accurately.
GARY can also transform laborious processes like finding the correct documents and performing swift and straightforward tasks using natural language and AI-driven assistance.
GARY seamlessly integrates with QuickBooks to eliminate any need to migrate to a new general ledger platform. Because of the number of small businesses using QuickBooks, Docyt's new AI bookkeeper provides those businesses with an easy way to harness the power of AI without abandoning their legacy financial workflow.
If you wish to learn more about this new offering from Docyt, including a video that explains how GARY works, visit this official website.