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Docyt vs Fairmas

Docyt

docyt.com

Fairmas

fairmas.com

Side by side

FigureDocytFairmas
Price from$99/mo—
Free planYes—
Free trialYes—
Open source——
WebYesYes
iOSYesYes
AndroidYesYes
APIYesYes
Plans published52
Spec score · Hotel Accounting Software9.2 (#1)8.2 (#6)
FoundedDocyt's company page says it was founded in 2017.2003
HeadquartersDocyt's company page places the company in Silicon Valley, California, and its site footer gives Mountain View, California.Berlin, Germany
IntegrationsDocyt lists connections for hotel PMS, POS, payroll, banks and card programs, and general ledgers including QuickBooks Online, Sage Intacct, NetSuite, and Xero.Fairmas lists more than 200 hospitality integrations spanning PMS, ERP, revenue management, document management, benchmarking, rate shopping and POS systems.
LicenceAlternativeTo classifies Docyt as proprietary commercial software.Fairmas is commercial licensed software; the company describes a separate customer license agreement and does not identify an open-source license.
Rating on Apple App Store4.5 out of 5 from 246 ratingsThe opened App Store listing says there are not enough ratings or reviews to show an overview.
Rating on G24.7 out of 5 from 35 reviews0.0 out of 5 from 0 reviews.
SecurityDocyt says it maintains SOC 2 Type II compliance and encrypts data at rest with AES-256 and in transit with TLS.Fairmas says browser-to-server communication uses SSL and its software forces SSL communication.
Self-hostingThe pages reviewed describe Docyt as a cloud service and do not state that customers can self-host it.Capterra lists both cloud-based and on-premise deployment for FairPlanner, while Fairmas’s own security page describes managed data-center hosting.
SupportThe security page says Docyt replies to demo inquiries within one business day, and the integrations page lists [email protected] for support contact.Fairmas directs software support requests to consultants by phone or email and offers product demos for prospective customers.

Plans

Docyt

  • Accountant CopilotFree
  • Profitbooks$99 a month
  • Enterprise Suite$299 a month
  • Starting price$299 a month
  • Custom SuitePriced on request

Docyt pricing →

Fairmas

  • Fairmas softwarePriced on request
  • FairPlannerPriced on request

Fairmas pricing →

In their own words

Docyt

Docyt is a cloud ERP combining accounting, payments, and business intelligence for hotels, restaurants, retailers, and franchises. Its accounting suite automates revenue reconciliation, ongoing bank and card reconciliation, and month-end close on Docyt’s ledger. Payment tools include bill pay, corporate cards, receivables, vendor management, and budget controls. For reporting, it offers daily flash reports, USALI reporting, budgeting, forecasting, and scenario planning. Docyt connects to POS and business management systems to bring in revenue, customer, and transaction data, with integrations listed across hospitality, retail, restaurant, SaaS, ERP, and accounting systems. Its mobile app supports expense management, transaction categorization, revenue tracking, and financial reports. Docyt says data is encrypted at rest with AES-256 and in transit with TLS, and that customer data is not used to train models for other companies or sent to public models for training. The free Accountant Copilot plan includes AI categorization, bank and card reconciliation, month-end close automation, and QuickBooks Online integration. Profitbooks is $99 a month per entity, and a 7-day trial is listed.

Visit docyt.com

Fairmas

Fairmas provides hospitality financial planning and business intelligence software for budgeting, forecasting, controlling and management reporting. FairPlanner supports revenue, cost and profit planning across hotel P&L areas, along with scenario comparisons and portfolio performance analysis. Its cash flow module works with balance sheet accounts, operating cash flow imports, P&L rules, currency conversion and Excel exports. Revenue Planning & Analytics supports daily or monthly planning and analysis of on-the-books reservations and pickup by market segment, with access via web and mobile devices. Hotel Asset Reporting is web-based and automates the collection, standardization and consolidation of hotel performance data. Fairmas lists more than 200 integrations across PMS, ERP, RMS, DMS, benchmarking tools and rate shoppers. Its software is designed for independent hotels, hotel groups, management companies, owners and asset managers. The company was founded in 2003 and is headquartered in Berlin, Germany. The software is available on Android, iOS and web; pricing is on request.

Visit fairmas.com