August 7, 2025
5 min read
@SiliconANGLE
Docyt unveils precision-trained AI agents to automate complex bookkeeping, boosting efficiency and accuracy for accounting firms.
AI Bookkeeper Docyt Debuts Precision-Trained AI Agents to Accelerate Accounting Automation
Docyt AI Inc. is expanding on last year’s launch of its AI-powered accountant, GARY, by introducing a new AI engine designed to automate complex bookkeeping workflows. The new Docyt High Precision Accounting Intelligence (HpAI) engine is an AI agent purpose-built for accounting tasks. This launch follows a recent $12 million pre-Series B funding round led by Pivot Investment Partners. GARY, short for “Generative Accounting Retrieval sYstem,” was introduced last year as the world’s first AI Bookkeeper. It combines generative AI, precision AI, and predictive AI algorithms into a unified model tailored for expense management, revenue accounting, and financial reporting. Dozens of accounting firms currently use GARY to automate the demanding "month-end" closing process, which involves reviewing, recording, and reconciling thousands of transactions from the previous month. Building on GARY’s foundation, Docyt’s HpAI engine integrates large language models with precision-trained AI agents specialized for tasks such as reconciliation, categorization, anomaly detection, and month-end close automation. These AI agents are available through Docyt’s Accountant Copilot, simulating the intelligence of human bookkeepers. Organizations can delegate routine bookkeeping tasks typically handled by junior accountants to these agents, which can tabulate data, prepare analytics, flag anomalies, and fully automate the month-end close process. Docyt highlights that its bookkeeping agents are built on a revamped foundational AI architecture trained on 128 billion accounting data points across more than 20 industries. This extensive dataset provides unmatched contextual depth, enabling the Copilot to automate intelligently and learn continuously. Sid Saxena, Docyt’s co-founder and CEO, emphasized the company’s five-year effort to build high-quality synthetic datasets with expert accountants for precise data labeling. He stated, "This dataset is a critical component of our HpAI architecture, enabling it to deliver precise, context-aware automation. We are now bringing this foundational AI architecture to accounting firms in the form of Docyt AI Copilot, enabling them to deliver client bookkeeping at scale, and with precision." While Docyt has not cited formal benchmarks for HpAI’s performance, it claims customers experience a threefold increase in client capacity, a 90% reduction in review times per client, and improved audit readiness thanks to transparency and confidence scoring features. Christa Wells, Managing Partner at J M Keehn Accountancy, praised Docyt’s AI agents for enabling significant scaling without adding staff. She noted, "Docyt gives us instant clarity and saves us roughly 15 hours per week by showing exactly what needs attention, so there’s no more digging through accounts. It’s also given us the cleanest financials we’ve ever seen, with an unprecedented level of accuracy that requires almost no intervention before moving on to the next steps."Source: AI bookkeeper Docyt debuts precision-trained AI agents to accelerate accounting automation - SiliconANGLE