- 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.