Puzzle IO vs Docyt: Best Accounting Automations in 2025?

Are you tired of spending too much time on boring accounting tasks?

Do you wish there were an easier way to handle invoices, bills, and bookkeeping?

You’re not alone! Many business owners and finance teams feel the same way.

Two popular options are Puzzle IO vs Docyt. But which one is the best for you? 

Let’s take a closer look and figure it out together.

Overview

We’ve put both Puzzle IO and Docyt through their paces.

Exploring their features and how they streamline accounting tasks.

Our hands-on testing focused on real-world scenarios to bring you a clear comparison of their strengths and weaknesses.

What is Puzzle IO?

So, Puzzle IO, what’s it all about?

Think of it as your financial command center.

It’s built to give you a clear picture of your business finances, helping you make smarter decisions.

Also, explore our favorite Puzzle IO alternatives…

Key Benefits

Puzzle IO really shines when it comes to helping you understand where your business is headed.

• 92% of users report better financial forecasting accuracy.
• Get real-time insights into your cash flow.
• Easily create different financial scenarios to plan.
• Collaborate seamlessly with your team on financial goals.
• Track key performance indicators (KPIs) in one place.

Pricing

• Free: $0
• Basic: $21.25
• Starter: $42.50
• Pro: $85
• Advanced: Custom

What is Docyt?

Now, let’s chat about Docyt.

It’s designed to take a lot of the grunt work out of accounting.

Think of it as your automated assistant for things like invoices and expenses.

Also, explore our favorite Docyt alternatives…

Key Benefits

Docyt has some really cool things it can do:

• It can automatically pull data from 10+ different places, like your bank and credit cards.
• It uses smart technology to understand your documents with 99% accuracy.
• You can see all your important financial info in 1 easy-to-use spot.
• It helps you work with your team and share info easily with unlimited users on some plans.

Pricing

Docyt has different ways you can pay, depending on what you need:

• Impact: $299/month
• Advanced: $499/month
• Advanced Plus: $799/month
• Enterprise: $999/month

Feature Comparison

Now, let’s get into the nitty-gritty and see how Puzzle IO and Docyt stack up when it comes to what they actually do.

We’ll break down key features to help you understand which accounting platform might be the better fit to streamline your accounting.

1. Data Capture and Automation

• Puzzle IO: While not explicitly stating it uses AI for direct data capture from documents, Puzzle IO focuses on integrating with your existing accounting systems and providing workflow automation around your accounting process. Data entry is often manual or via connected banks and other financial institutions.
• Docyt: This accounting platform heavily uses AI to automatically capture and categorize data from invoices, receipts, and other financial documents, significantly reducing manual data entry for accounting teams. This automation helps in managing accounting records efficiently.

2. Bill Payment

• Puzzle IO: Offers robust bill payment features, allowing you to schedule and pay bills electronically. It integrates well into the overall accounting workflow, ensuring accurate accounting records.
• Docyt Streamlines the bill payment accounting process with features like automated invoice capture and payment scheduling. This automation helps accounting teams manage payables more efficiently.

3. Expense Management

• Puzzle IO: Provides tools for tracking and managing expenses, often requiring manual input or integration with separate expense management accounting tools.
• Docyt: Offers a more automated approach to expense management, allowing users to upload receipts via mobile app or email, with AI assisting in categorization and record-keeping, a significant benefit for accounting firms dealing with numerous expenses.

4. Reporting and Analytics

• Puzzle IO: Excels in real-time accounting and provides comprehensive accounting reports and analytics, giving businesses deep insights into their financial performance. These accounting tools are designed to help accounting teams make informed decisions.
• Docyt: Offers reporting features, but they are generally more focused on the data captured and processed through its automation features, potentially lacking the depth of Puzzle IO’s different accounting report options.

5. Budgeting and Forecasting

• Puzzle IO: Features strong budgeting and forecasting capabilities, allowing businesses to create detailed financial plans and track performance against targets. This workflow automation is key for proactive financial management.
• Docyt: While it may offer some budgeting features, its primary strength lies in automating data entry and accounting workflows rather than advanced financial planning.

6. Integrations

• Puzzle IO: Integrates with a wide range of different accounting software, banks, and other financial accounting tools, aiming to provide a central accounting platform.
• Docyt: It focuses on integrating with key accounting systems to facilitate its automated accounting processes, particularly data capture and bill payment.

7. User Interface and Ease of Use

• Puzzle IO: Generally offers a more sophisticated interface that caters to users needing in-depth financial analysis and control over their accounting process.
• Docyt: It is designed for ease of use, particularly for those looking to automate routine tasks and reduce manual data entry in their accounting workflows. Its cloud-based accounting nature makes it accessible.

What to Look for When Choosing Accounting Software?

Here’s a quick checklist:

• Integration: Does it connect with your current accounting systems?
• Automation: How well does it handle routine tasks (automated accounting)?
• Scalability: Can it grow with your accounting firms or accounting teams?
• Ease of Use: Is the accounting platform intuitive for your staff?
• Specific Needs: Does it address your unique accounting workflows?
• Reporting: Does it offer the comprehensive accounting insights you need?
• Cost: Does the pricing align with your budget?

Final Verdict

So, after looking closely at both Puzzle IO and Docyt, which one do we think is better?

It really depends on what you need to make accounting easier.

If you want really detailed reports and powerful planning tools, Puzzle IO is strong.

But if you’re looking to save a lot of time by having software automatically extract information from invoices and bills, Docyt shines.

For many businesses wanting to cut down on busywork, Docyt might be the winner.

We spent a lot of time testing these out.

So trust us when we say thinking about what tasks take up most of your time will help you pick the right one.

More of Puzzle IO

Here’s how Puzzle IO stacks up against some competitors:

• Puzzle IO vs Dext: Dext excels at receipt and invoice scanning, simplifying data entry.
• Puzzle IO vs Xero: Xero offers user-friendly cloud accounting with strong payroll features.
• Puzzle IO vs Synder: Synder specializes in e-commerce integrations, automating sales data transfer.
• Puzzle IO vs Easy Month End: Easy Month End focuses on streamlining the month-end closing process.
• Puzzle IO vs RefreshMe: RefreshMe provides automated financial reporting for quick insights.
• Puzzle IO vs Sage: Sage offers a range of accounting solutions tailored for larger enterprises.
• Puzzle IO vs Zoho Books: Zoho Books provides affordable, scalable accounting for small businesses.
• Puzzle IO vs Wave: Wave delivers free accounting software for freelancers and small businesses.
• Puzzle IO vs Quicken: Quicken is best known for personal finance and basic business tracking.
• Puzzle IO vs Hubdoc: Hubdoc automates document collection and data extraction for efficiency.
• Puzzle IO vs Expensify: Expensify specializes in automating expense report management for businesses.
• Puzzle IO vs QuickBooks: QuickBooks offers versatile accounting software for various business sizes.
• Puzzle IO vs AutoEntry: AutoEntry automates data entry from invoices and other financial documents.
• Puzzle IO vs FreshBooks: FreshBooks is designed for invoicing and project-based businesses.
• Puzzle IO vs NetSuite: NetSuite offers comprehensive enterprise resource planning (ERP) solutions.

More of Docyt

Here’s a quick look at how Docyt compares to other accounting solutions:

• Docyt vs Dext: Dext focuses on efficient data capture and expense management through automation.
• Docyt vs Xero: Xero offers a user-friendly interface and strong features for small business accounting.
• Docyt vs Synder: Synder excels in syncing e-commerce data with accounting for streamlined records.
• Docyt vs Easy Month End: Easy Month End simplifies and automates the complexities of month-end closing.
• Docyt vs RefreshMe: RefreshMe provides automated, real-time financial reporting and analysis for insights.
• Docyt vs Sage: Sage offers a broad suite of accounting tools catering to diverse business needs and sizes.
• Docyt vs Zoho Books: Zoho Books delivers comprehensive and affordable accounting software for growing businesses.
• Docyt vs Wave: Wave provides free accounting software, ideal for freelancers and very small businesses.
• Docyt vs Quicken: Quicken is primarily designed for personal finance management with basic business features.
• Docyt vs Hubdoc: Hubdoc automates the collection and organization of financial documents for easier processing.
• Docyt vs Expensify: Expensify specializes in automating and streamlining expense reporting for businesses.
• Docyt vs QuickBooks: QuickBooks offers a wide range of accounting solutions suitable for various business types.
• Docyt vs AutoEntry: AutoEntry automates the manual data entry of invoices, receipts, and bank statements.
• Docyt vs FreshBooks: FreshBooks is tailored for service-based businesses, focusing on invoicing and project tracking.
• Docyt vs NetSuite: NetSuite provides a comprehensive cloud-based ERP system with robust accounting capabilities.

Frequently Asked Questions