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- August 2024
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Docyt AI Auto-categorization Performance Visualisation
Introducing the new Docyt AI Auto-categorization Performance Visualization feature, a powerful tool designed to give users a clear and organized view of their AI transaction categorization systems' performance in Docyt. This feature offers a user-friendly interface that consolidates all essential data and metrics in one place, making it easier to view detailed analyses of transactions automatically categorized by the AI.
Customers will have several benefits, particularly in terms of usability, insights, cost, and decision-making:
- Performance Insights: Users can quickly monitor AI performance metrics like accuracy and speed to spot strengths and weaknesses.
- Resource Optimization:
a) Efficiency Monitoring: By analyzing performance, users can ensure that resources are allocated efficiently, focusing efforts on areas that need the most improvement.
b) Cost-Benefit Analysis: Users can perform cost-benefit analyses by comparing the effort and resources spent on improving categorization with the gains in accuracy and efficiency.
This feature is a part of Global Settings:
- Users can view analyses of transactions automatically categorized by the AI and see the cost savings achieved by using AI instead of manual bookkeeping.
- Users can also adjust the hourly bookkeeping rate based on the cost of bookkeeping and analyze the time saved by using the 'Modify' option.
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