Docyt

GARY: AI Bookkeeping Assistant

GARY is an AI-powered bookkeeping assistant part of the Docyt software suite, designed to support accounting teams. Named as an acronym for Generative Accounting Retrieval sYstem, GARY acts as an integrated team member, helping to manage and expedite accounting tasks through automatic task assignment, progress tracking, and facilitating real-time communication between team members. The function of GARY aligns with the broader capabilities of Docyt AI, which encompasses a full spectrum of bookkeeping tasks.

Features and Capabilities

• Automated Transaction Categorization: Tasks are categorized and coded based on historical data before being entered into the General Ledger.
• Month-End Close in 45 Minutes: GARY significantly reduces the time taken for month-end closing activities.
• Task Prioritization: Optimizes workflow by prioritizing tasks based on urgency and relevance.
• Document Retrieval: Streamlines the collection and organization of documents necessary for bookkeeping processes.

Enhanced Bookkeeping Workflows

"GARY, as part of the Docyt software, facilitates a shift toward more efficient bookkeeping practices by automating routine tasks that would typically require manual input. This can result in rapid completion of book-related activities while ensuring that tasks are handled accurately."

The AI-driven assistant is engineered to provide assistance with accrual bookkeeping, showcasing its ability to adapt to various accounting methodologies and practices used within a business environment. It's presented as the first AI bookkeeping assistant that effectively becomes part of the supporting infrastructure for an accounting team.

Collaboration Tools and Integration

Collaboration is a key component of GARY's capabilities, augmented by tools within Docyt that are designed to enable efficient teamwork. The AI assistant integrates a variety of features to keep the accounting team coordinated:

• Smart Mailroom: Manages document requests and processing collectively among the team.
• Chat Central: Facilitates ongoing communication and task clarification.
• Task Assignment: Clearly assigns responsibilities and tracks the completion of accounting activities.

GARY's collaboration tools are aimed at ensuring team members are aware of their roles and responsibilities, contributing to overall productivity and the maintenance of up-to-date bookkeeping.