Veryfi Receipts OCR & Expenses Software
Company Name: Veryfi, Inc.
About: Veryfi is mobile software which automates the bookkeeping of time & materials for teams in the
construction industry.
Headquarters: Mountain View, California, United States.
Veryfi Receipts OCR Expenses Overview
What is Veryfi Receipts OCR Expenses?
Veryfi is a receipt, bill, and invoice OCR capture and data extraction app that eliminates the need for data entry and bookkeeping. It extracts vendor, payment, totals, taxes, and even line items in seconds. The app is SOC2 Type2 certified and compliant with CCPA, HIPAA, and GDPR. Veryfi is designed to help businesses of all sizes to get access to smart mobile tools to eliminate 90% of time wasted doing data entry, improve job costing, and empower their financial prosperity.
Features
- Extracts vendor name, vendor address, vendor type, vendor phone number, and even recognizes vendors from a logo alone using ML (machine learning of trained vendor logos)
- Extracts transaction totals (including handwritten), transaction subtotals, tax including International taxes (GST, HST, TVP, TVQ, VAT et al), tips (including handwritten), date & time, payment type including Card number and Card type (Visa, Amex, MasterCard et al.), and currency detection with automatic currency conversion when traveling overseas.
- Categorizes receipts based on applicable regional accounting/tax codes and provides rich OCR (Optical character recognition) text with line items.
- Provides invoice information like # Number, Account Number, Due Date, etc.
- Offers world's 1st MACHINE POWERED line-by-line item extraction from receipts and invoices like hotel bills.
- Eliminates 90% of time wasted chasing records and doing data entry, provides precise recording, data-entry automation, and reporting of purchase activity, and offers a secure vault for all your business tax, bookkeeping & project documents.
- Offers fast OCR: World's Fastest OCR to get your receipts, bills, and invoices digitized in 3 seconds.
- Allows you to manage & assign financial transactions (expenses or income) against each project, store W2, 1099, EIN, etc. inside Veryfi's Secure Vault, and generate custom reports at your request with advance options to customize columns, by customers and projects, team members, etc.
- Provides bill fetch from any POS or online service directly into Veryfi using your own @veryfi.cc, manages multiple business or personal profiles using the 1 account, and connects and syncs to QuickBooks (QBO & Desktop), Xero, Sage, Freshbooks & Saasu.
- Offers Gusto & Rippling for payroll, connects with Dropbox & Google Drive for secondary backups, and connects with Slack to notify your team using Channels on company expenses.
- Connects to your Bank: American Express, Chase, Bank of America, Wells Fargo, and thousands of other banks around the globe.
- Provides field intelligence in your pocket and helps you achieve financial transparency across your organization by adding your team to your Veryfi account.
- Offers Veryfi Shield, which is CCPA, HIPAA & GDPR compliant, and encrypts data at rest and in transit.
- Provides Timesheets by Veryfi to help track T&M (time & materials) with minimal data entry anywhere and anyplace.
- Veryfi is automating bookkeeping, starting with the automation of time & materials for architecture, engineering & construction (AEC) workforce.
Official Screenshots
Veryfi Receipts OCR Expenses Pricing Plans
| Duration | Amount (USD) |
|---|---|
| Monthly Subscription | $14.99 |
**Pricing data is based on average subscription prices reported by Justuseapp.com users..
Product Details and Description of
World's Fastest and Safest Receipt, Bill & Invoice OCR Capture and Data Extraction app. Say goodbye to data entry and bookkeeping; recover hours each week. Veryfi extracts vendor, payment, totals, taxes and even line items in seconds. Veryfi is SOC2 Type2 certified and compliant with CCPA, HIPAA, GDPR. See it for yourself => https://www.youtube.com/watch?v=pUCk8m9nH7k *** VERYFI AI EXTRACTS *** - Vendor name, vendor address, vendor type, vendor phone number. -- - Veryfi also recognizes vendors from a logo alone using ML (machine learning of trained vendor logos) - Transaction totals (including handwritten) - Transaction subtotals - Tax including International taxes (GST, HST, TVP, TVQ, VAT et al) - Tips (including handwritten) - Date & Time - Payment type including Card number and Card type (Visa, Amex, MasterCard et al.) - Currency detection with automatic currency conversion when traveling overseas. Conversion is based on the date on the receipts/invoice. - Categorizes receipts based on applicable regional accounting/tax codes - Rich OCR (Optical character recognition) text with line items Invoice information like # Number, Account Number, Due Date etc. And finally world's 1st MACHNE POWERED line-by-line item extraction from receipts and invoices like hotel bills. *** SMARTER PROJECT *** - Eliminate 90% of time wasted chasing records and doing data entry - Precise recording, data-entry automation and reporting of purchase activity - Secure vault for all your business tax, bookkeeping & project documents *** PACKED WITH FEATURES *** - Fast OCR: World's Fastest OCR to get your receipts, bills, and invoices digitized in 3 second - Projects: Manage & Assign Financial Transactions (expenses or income) against each project - Document Management: store W2, 1099, EIN etc inside Veryfi's Secure Vault - Custom Reporting: Custom reports at your request with advance options to customize columns, by customers and projects, team members etc. - Bill Fetch: from any POS or online service directly into Veryfi using your own @veryfi.cc - Profiles: manage multiple business or personal profiles using the 1 account - Accounting: Connects and syncs to QuickBooks (QBO & Desktop), Xero, Sage, Freshbooks & Saasu - Payroll: Gusto & Rippling - Backups: Connects with Dropbox & Google Drive for secondary backups - Transparency: Connects with Slack to notify your team using Channels on company expenses - Connects to your Bank: American Express, Chase, Bank of America, Wells Fargo, and thousands of other banks around the globe *** FOR TEAMS *** FIELD INTELLIGENCE IN YOUR POCKET Achieve financial transparency across your organization by adding your team to your Veryfi account. This helps you tap into real-time field intelligence data and insights across time spent and vendor material purchases. *** VERYFI SHIELD — SECURE YOUR DATA *** Veryfi is CCPA, HIPAA & GDPR compliant. Data is encrypted at rest and in transit. Veryfi is 100% powered by machines; this means no backoffice of humans or Wizard of Oz man behind the curtain. VERYFI FOR CONSTRUCTION To help track T&M (time & materials) with minimal data entry anywhere and anyplace, try ""Timesheets by Veryfi"" https://itunes.apple.com/us/app/timesheets-by-veryfi/id1434324750 *** ABOUT VERYFI *** Veryfi is automating bookkeeping, starting with the automation of time & materials for architecture, engineering & construction (AEC) workforce. We help businesses of all sizes to get access to Veryfi’s smart mobile tools to eliminate 90% of time wasted doing data entry (& chasing records), improve job costing and empower their financial prosperity. Veryfi is building the next generation of bookkeeping automation software with pure tech, and without the restrictions of legacy technology or methods.
Top Reviews
By Ro.Jo
Effective receipt management
I've been using Veryfi over the 14 day trial period and have decided to try it out for a year. The character and information extraction from a pic of the receipt you snap with your phone worked almost flawlessly for all the times I used it except for one instance, extracting the total, tax and tip in addition to the name and address of the establishment on the receipt. To me, this feature of the app worked much better in practice than some comparable apps I tested. The reporting feature that lets you create CSV files for chosen periods or integrate with various services is also useful. Most valuable is the information security and data protection built into the app. The only complaint I have at this time is that the app and price points it is offered at seem to target small business owners. I'm only interested in using Veryfi for managing personal expenses, and I hope they will see the business case for making an offering for a version of PRIME for personal users at a price point that is fair for the features offered.
By Julian Joseph
Great for Easy Receipt Tracking
Was very disappointed when OneReceipt ended service and couldn't find anything to replace it. After months of searching, I found a link to this application in a Reddit post. Was skeptical at first since so many receipt apps were not as easy to use as OneReceipt, but this one has not disappointed. I've had it for about a year now and it is just as fast if not faster at capturing receipts and even digitizes text so that it's searchable. There are a few things that could be cleaned up. Right now I probably only need half of the features, but overall definitely usable. One killer feature that I've never seen before but would love for someone to developers is receipt purchase linking. Now that there are so many apps that can capture your debit and credit purchase history, it would be nice to have an app that links this info so you can verify how many receipts you are missing. Maybe it could even be a game where you try to increase the percentage of receipts you obtain every month. Thanks for a great app!
By Adamtruong
So far- incredible
I downloaded this app during tax season to find a better way in the upcoming year to store and categorize my receipts. I am in the healthcare industry. I don’t run an independent company or travel for work often. So far this app has exceeded all of my expectations. I have tried Expensify, foreceipt, and a generic scanner app, this app blows all of those out of the water. While the camera or edge detection isn’t the greatest, they are acceptable. The receipt upload speed is incredible. The other apps in comparison take >10 xs longer. Their algorithm for text recognition is extremely accurate. I can tag receipts into categories with only two clicks. I can sort by my tags and download a printout of every receipt. This app has everything I need and I plan on using it into the future. Highly highly recommend this app. I wish it was easier to find from the beginning.
