The company says the software automatically categorizes 80 percent of transactions. These classifications are based on recognizable attributes related to the expense, revenue and learnings from the client’s operations. 

The remaining 20 percent of transactions are marked for further examination, with Docyt AI summarizing human-to-human conversations into accounting categorization and journal entries.

The company says Docyt AI “is particularly well-suited to scale in franchises and other organizations with multiple offices, subsidiaries or affiliate organizations.”