Veryfi Receipts OCR & Expenses Reviews

Veryfi Receipts OCR & Expenses Reviews

Published by on 2023-12-28

About: 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.


About Veryfi Receipts OCR Expenses


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.



Overall User Satisfaction Rating


Positive experience
57.0%

Negative experience
43.0%

Neutral
17.9%

~ from Justuseapp.com NLP analysis of 1,746 combined software reviews.

Key Benefits of Veryfi Receipts OCR Expenses

- Character and information extraction from a pic of the receipt you snap with your phone worked almost flawlessly

- Reporting feature that lets you create CSV files for chosen periods or integrate with various services is also useful

- Information security and data protection built into the app

- Makes it easy to compare credit card statement to receipt




20 Veryfi Receipts OCR Expenses Reviews

4.7 out of 5

By


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 VeryfiReceiptsOCRExpenses 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 VeryfiReceiptsOCRExpenses .

The only complaint I have at this time is that VeryfiReceiptsOCRExpenses 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


So far- incredible

I downloaded VeryfiReceiptsOCRExpenses 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 VeryfiReceiptsOCRExpenses has exceeded all of my expectations. I have tried Expensify, foreceipt, and a generic scanner app, VeryfiReceiptsOCRExpenses 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. VeryfiReceiptsOCRExpenses has everything I need and I plan on using it into the future.

Highly highly recommend VeryfiReceiptsOCRExpenses. I wish it was easier to find from the beginning.


By


Best app for organizing your receipts

I have been collecting thousands of receipts a year for many years for taxes half the time the receipt paper it’s so cheap the printing fades away. VeryfiReceiptsOCRExpenses makes it so much easier. I scan the receipt it saves the and puts it in the proper category.
it also accounts for the tip you leave. there has been several times that I have caught what was charged on my credit card and for the tip was different then what I put on the receipt but I always would have to dig through the receipts to verify that days later this makes it very easy I just go to VeryfiReceiptsOCRExpenses it’s tells me The date I charged it and I compare that to my credit card statement to make sure the correct amount was charged. I highly recommend VeryfiReceiptsOCRExpenses


By


Great product ...still needs some help

I have been using receipt managers for several years. Including, some of the big name main competitors. This is the first one that I have found where the processing is within a matter of seconds and is fairly accurate. Some things that need to be worked out are: the audio capture which at times when it is looking for the edges of your receipt will take several pictures of it and then you have to go through them and delete them. At times the fields that are populated need to be reviewed to make sure the information entered is accurate. And, to me, the user interface still feels a bit cluttered and clunky.
I must say this is the best receipt manager and mileage tracker app that I have used in the last several years.
Keep up the good work. I look forward to future updates and new features.


By


WAY overpriced, and misleading pricing structure

VeryfiReceiptsOCRExpenses itself works more or less as described, but the free number of receipts to process in a month is too little to keep track of a family, so I opted for the least expensive subscription. It was described as $15 a month with multiple users and a free month of service. Instead, I was charged $15 per user, plus an additional $15 that I can’t figure out. I assumed it was a glitch that would clear up the next month. Instead, the next month I was charged $15 per user again. $15 per month for an account is bit much, but seemed to be worth the stretch to save some time. $15 per user per month to keep track of a family’s expenses is just exorbitant. This is very disappointing, and I wasted time tracking expenses for a month in a service that I will cancel and not use again. KNOW WHEN YOU ARE GOING IN that you are paying $15 PER USER (plus additional unexplained fees), for what amounts to very simple expense tracking tool that is still much a manual process.


By


Amazing App don’t forget the little man

VeryfiReceiptsOCRExpenses and the developers behind it have done an amazing job. It seems they’ve opted to reposition themselves in the market to appeal to businesses and in doing so have raised their price to a threshold above that of the individual looking for a simple and reliable receipt tracking app. While there is no doubt that the robust features currently available as well as those to come are useful, I see no reason that a subscription of $2.99/mo or $3.99/mo shouldn’t made available. I would easily opt for a subscription in this price range with a fair amount of light features and possibly a Mint Account integration for personal finance tracking. Give me a personal finance subscription option with Veryfi over any other receipt tracker app for the right price with the right feature selection!


By


Nice App. Deceptive Marketing.

I needed an app to track my personal expenses only on certain occasions. I sought one that was reasonably priced for that goal. The first place to look at cost of an app if it isn’t listed outright is under “In-App Purchases” in VeryfiReceiptsOCRExpenses Store’s description. You can make an informed decision right then & there if VeryfiReceiptsOCRExpenses cost meets your needs. No further waste of time. Nowhere in the description is any mention of charges for VeryfiReceiptsOCRExpenses . It shows no cost (i.e. free). One is required to download & get into VeryfiReceiptsOCRExpenses to find that it is a minimum of $180/year. Very deceptive. This subverts Apple’s intention to inform the user of what they are actually getting in to. It surprises me that any company with app of this quality feels the need to be deceitful with potential customers up-front. It’s like a restaurant that doesn’t put prices on the menu. It’s like used car, buyer-beware sales. I’ve already wasted enough of my time with VeryfiReceiptsOCRExpenses even in just writing this review.


By


Absolute Love This!

VeryfiReceiptsOCRExpenses rocks!! Not only can it OCR receipts but it can also split out the line items on each receipt. You can assign categories and set budgets for them. You can set up teams if you wish. You can assign items purchased to projects. Right now we are using it to help budget with groceries and it can do a heck of a lot more than that! You can share the data with an accountant, the list goes on and on. You owe it to yourself to at least give VeryfiReceiptsOCRExpenses a try! Customer service is phenomenal. If I had the money I’d buy the company!!!


By


Works pretty well but $15/mo is a bit much

I understand no app developer wants to provide quality product gratis, but I do think we’re in some sort of delusional app bubble where every app, from the one for inventorying your basement contents, to collecting your recipes, to scanning some receipts, wants $15/mo from you. I think that’s a bit much. What are the developers behind these simpler apps doing that is worth $15/month? This isn’t the Adobe Creative Suite, rolling out real updates and improvements and fixing bugs in a complex set of software. I’d be happy and willing to pay a perpetual license price equivalent to a year’s use for an app like this but cannot justify the $15/mo indefinitely. This rant isn’t just for these guys, it’s for all of you simple app developers! Make it perpetual or $5/month or else I’m not buying into it.

Recent changes made the free version of VeryfiReceiptsOCRExpenses not very useful for a smalltime landlord like myself.

The ocr scanning feature did work very well, but in the free version, you are limited to 10 receipts a month. You probably don’t need software like this if you need to report only 10 receipts a month.

P.S. I switched to Wave Receipts, which has free receipt ocr. Also has a whole set of simple accounting features which I’ve yet to try


By


Slow and buggy

Capture a receipt then it never shows up on the dashboard. I need to consistently take another photo. The auto detect of edges is not very accurate or good (unlike the scan feature of Dropbox or even Apple Notes). Then there’s the very unintuitive UI... things like tapping on a place name shouldn’t then require me to backspace an delete or there should be an x to clear field button or better yet should be highlighted at the start when you tap any field to edit and then auto delete and replace the text as soon as I start typing. Unless your receipt is very simple it has a terrible time detecting and auto filling things like tax and tip and auto sum of these. At this point I don’t see the advantage of this from just taking a photo of receipts and using the excellent app such as Mint to handle all the transactions, sorting, exports, etc.


By


Great app

I have a Bookkeeping and Tax business and I uber and Lyft on the side. I use QBO for everything have multiple businesses on there. Everything syncs awesome I love all my bills and email receipts going to IQBoxy and they show up I don’t have to clean out my emails all the time and separate. I’ve used every expense logging software there is and I’m more than happy to pay 20 a month for this peace of mind and less data entry. I haven’t started using the mileage log feature yet because im still working on all the other features but I know I won’t be disappointed! Yay IQBoxy 🤗


By


Getting worse and worse.

I used to love VeryfiReceiptsOCRExpenses. I’ve been using VeryfiReceiptsOCRExpenses for the past 4-5 years, maybe even longer. I pay the yearly fee because I want access to all of my receipts and I’m all about supporting great companies.

Every year VeryfiReceiptsOCRExpenses just gets worse and worse. I download the newest update hoping that VeryfiReceiptsOCRExpenses reverts back to when it first started where it had almost zero problems. You would think that Ann app would try to better themselves and attempt to solve some of their problems.

Some of the many problems: VeryfiReceiptsOCRExpenses just recently started to close out for no apparent reason, it’s never ever done this in the past. One of the newest issues is trying to add a “tag” and the tag button doesn’t even work. You now have to force close the entire app and re-open and then the tag button works, sometimes. I can go on and on and on but why bore you?

I write them an email explaining how they should fire some of their engineers, no response. Maybe they aren’t doing well financially and just don’t care, who knows.

Do yourself a favor and find another app, this one has gone to crap.


By


Fast, accurate and easy to use

I’ve been using VeryfiReceiptsOCRExpenses for almost a year to collect receipts and invoices for my personal needs. I’ve had good experiences so far. The processing time is fast and the extraction result is accurate. VeryfiReceiptsOCRExpenses itself is also intuitive to use as I can navigate to all the information I need pretty quickly. So far I only use VeryfiReceiptsOCRExpenses as a way to keep track of my personal expenses (very simple use case) but would love to explore more features on the expenses management front.


By


Responsive devs. Very solid product

I really enjoy this service. If I could change one thing it would be to have the option to enter mileage as a number rather than as a function of travel starting at x miles on my car’s odometer and ending at y miles on my odometer. Possibly that’s a legal reporting thing but it’s not how I track my miles, so it makes that function less useful for me.

Otherwise, it’s great. I had a dev carefully follow up with me on an issue that was probably about face recognition and not about VeryfiReceiptsOCRExpenses at all.


By


Must have for Builders/Constuction Managers/PM’s!

I’m a smaller Home Builder/construction manager and all the programs/Apps I’ve found so far are in the hundreds of dollars per month.. yikes! Not Veryfi, it allows me to track expenses, keep my receipts in order with a simple click of the camera and the the reports are in generated for my clients and me! I’ve been looking a long time for a simple yet comprehensive price friendly app and now I (we) have it...Veryfi!
Worth the monthly investment for me and my team!
Texas/Oklahoma Builder


By


Great Service for Receipt Tracking

Veryfi offers the best service to manage your receipts that I have found from any other provider. They are the only ones I have found that allows searching inside a receipt to find what receipt is related to the item your are searching for. VeryfiReceiptsOCRExpenses needs a little polish but the service more than makes up for it. I would love to see an individual private subscription plan offered but otherwise the superior choice. I’m very much looking forward to things to come from this impressive service! Thank you, Veryfi !!!


By


Easy to use

Veryfi is easy to use to keep track of expenses. I use it to save my business expenses. All the features I need are free.

One little bug I found is that when I scan a receipt with multiple expenses, VeryfiReceiptsOCRExpenses thinks that the last expense is the ultimate amount even though there are 2-3 different purchases on one scanned receipt. I understand the logic behind it (a simple receipt has the ultimate amount at the end). It might be nice to have a feature where I can scan multiple expenses at once.


By


This company is a bunch of geniuses

I started using this a year ago and they have done what no other company does. AI is super fast and quite accurate. Other companies make you wait 6-24 hours for line item extraction or charge you per item. Not Veryfi. They are stupidly fast and priced well. They have removed the pain points and make life easy for me. It’s intuitive, it works. It’s amazing. Thank you so much for this much needed product.


By


Saves so much time and frustration

Veryfi takes the hassle out of scanning and entering receipts. I previously scanned all my receipts in one step before entering them into QuickBooks as a separate process. Usually this was days, week or months later so I had the frustration of trying to keep track of all my receipts. Now I simply snap a pic of each receipt when I make a purchase and Veryfi automatically scans it and extracts all the pertinent info making it ready for importing into QuickBooks.


By


We care about data privacy

Loving the fact I can finally trust a tool with our financials. Many apps we tried on the market were clearly outsourcing data extraction and categorization. You'd have to be a fool to believe that software takes hours to process pictures of receipts and bills. With Veryfi its so fast I cannot believe more people don't know about this amazing company. Thank you Veryfi for bringing peace of mind and reliability to an industry well overdue for change.


By


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!




Is Veryfi Receipts OCR Expenses Safe?


Yes. Veryfi Receipts OCR & Expenses is very safe to use. This is based on our NLP (Natural language processing) analysis of over 1,746 User Reviews sourced from the Appstore and the appstore cumulative rating of 4.7/5 . Justuseapp Safety Score for Veryfi Receipts OCR Expenses Is 57.0/100.


Is Veryfi Receipts OCR Expenses Legit?


Yes. Veryfi Receipts OCR & Expenses is a totally legit app. This conclusion was arrived at by running over 1,746 Veryfi Receipts OCR & Expenses User Reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. Based on this, Justuseapp Legitimacy Score for Veryfi Receipts OCR Expenses Is 74.9/100..


Is Veryfi Receipts OCR & Expenses not working?


Veryfi Receipts OCR & Expenses works most of the time. If it is not working for you, we recommend you excersise some patience and retry later or Contact Support.



Pricing Plans

**Pricing data is based on average subscription prices reported by Justuseapp.com users..

Duration Amount (USD)
Monthly Subscription $14.99


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