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Veryfi Reviews & Product Details

David G.
DG
Software Engineer
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Veryfi?

We use the OCR service to process bills. Integrating it with Netsuite was a breeze. Every time we ask for help, they respond quickly and even develop new stuff if needed. Teaching the system is also easy and we see the results in bills we OCR after. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

If it was faster we could read more stuff from the files, but Netsuite limits the time it waits for a response in any request to 45 seconds. Because of this, we use the lightest settings when we request an OCR. Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

We looked at another couple of vendors for this kind of product and even though we chose Veryfi mostly because of pricing, we're happy with our choice. The people at Veryfi are very friendly and helpful. Review collected by and hosted on G2.com.

What problems is Veryfi solving and how is that benefiting you?

We are speeding up the billing process. We've acquired new companies so absorbing the extra workload would've been impossible without automating this part of the process. Currently, we use Concur for expenses but are so happy with Veryfi that we will use it to read receipts within the software we will develop internally to replace Concur. Review collected by and hosted on G2.com.

Veryfi Overview

What is Veryfi?

Veryfi empowers organizations to capture, extract and transform unstructured documents into structured data at scale. Our suite of data transformation APIs and mobile capture technology can be leveraged across industries to eliminate manual data entry, avoid human error, and unlock valuable business intelligence in seconds. Trusted by enterprises and software companies alike, Veryfi’s AI-based platform is delivering fast, accurate, and secure data to hundreds of companies globally. Veryfi supports the following document types: Expense Receipts FMCG/CPG Receipts HSA/FSA Receipts Invoices Purchase Orders (POs) Bills Hotel Folios Bills of lading (BOLs) Checks Credit Cards Insurance Cards Business Cards W-2s W-9s Download the Veryfi Lens mobile capture technology from the Apple App Store: https://apps.apple.com/us/app/veryfi-lens/id1498300628.

Veryfi Details
Discussions
Veryfi Community
Languages Supported
Afrikaans, Arabic, Bulgarian, Czech, Danish, German, Greek, English, Estonian, Finnish, French, Hebrew, Hindi, Croatian, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malayalam, Malay, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovenian, Spanish, Swedish, Tamil, Tagalog, Thai, Turkish, Ukrainian, Vietnamese, Chinese (Simplified), Chinese (Traditional)
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Product Description

Veryfi is a cutting-edge document AI platform that transforms unstructured documents into structured (JSON key/value), actionable data in seconds. Veryfi's OCR API & SDK platform delivers enterprise-grade accuracy via pre-trained machine models + customization through fine-tuning capabilities and access to their ML team for custom model training. The platform features comprehensive tools including Lens for mobile/browser capture, specialized OCR APIs for various document types (receipts, invoices, checks, bank statements, W-2s, W-9s) inc. GenAI AnyDoc for broader document types, and advanced data services with fraud detection and line-item matching. Built with bank-grade security (SOC2 Type2) and privacy compliance (GDPR/HIPAA/CCPA), Veryfi eliminates manual data entry and human involvement while providing instant processing. Veryfi's unique approach combines out-of-the-box functionality with customization options, serving diverse industries from fintech to CPG loyalty programs.

How do you position yourself against your competitors?

Fast, Accurate, Secure: The Veryfi Intelligent Document Processing technology typically returns structured data results in 3 seconds, supports 80 data fields and 85 currencies, and is 100% AI-powered, without relying on humans-in-the-loop.


Seller Details
Year Founded
2017
HQ Location
San Mateo, California
Twitter
@Veryfi_Inc
449 Twitter followers
LinkedIn® Page
www.linkedin.com
54 employees on LinkedIn®

★ Ernest S.
★S
Overview Provided by:
Cofounder at Veryfi, Inc. (We’re Hiring!) — Aussie in Silicon Valley

Recent Veryfi Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Best receipt and financial tracker app - Hands down."
Verify simply works. And works well. First off, we use it for small business and personal receipt scanning and expense tracking. It scans re...
Abdessamad E.
AE
Abdessamad E.Small-Business (50 or fewer emp.)
5.0 out of 5
"special tool which helped me"
it's simple and very useful to generate images
VS
Viktoriia S.Mid-Market (51-1000 emp.)
5.0 out of 5
"Effortless Expense Tracking with Veryfi"
The OCR technology is impressive, it accurately and quickly extracts data from my receipts and invoices, saving me a significant amount of time.
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Veryfi Media

Veryfi Demo - Capture Multiple Bills at Once
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 Demo - Available on Mobile (IOS & Android)
Supports iOS & Android
Veryfi Demo - Web App Inbox for all Receipts & Invoices
Features a rich web based interface with real-time sync to Veryfi mobile apps.
Answer a few questions to help the Veryfi community
Have you used Veryfi before?
Yes

Video Reviews

55 out of 56 Total Reviews for Veryfi

4.6 out of 5
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55 out of 56 Total Reviews for Veryfi
4.6 out of 5
55 out of 56 Total Reviews for Veryfi
4.6 out of 5

Veryfi Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for VeryfiQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Primary/Secondary Education
UP
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Veryfi?

Verify simply works. And works well.

First off, we use it for small business and personal receipt scanning and expense tracking.

It scans receipts quickly and accurately. It let's you easily customize categories and classify expenses.

It also handle EFT's, Checks, debit and credit cards.

One of the most important features is time-to-scan. That is, the amount of time from when I'm handed a receipt in a store to when I'm done scanning and categorizing it and put my phone in my pocket. This is one of the most important aspects of any receipt scanning app (yet most fail badly here). For Verify, time-to-scan is usually under 30 seconds. (Other apps take minutes sometimes).

Probably the best part is that Veryfi has a very capable web-based interface. The app is great for scanning receipts and categorizing a transaction. But for a business owner, spending time poking around on a phone app to manage hundreds of transactions (as other aps require) is ridiculous. This is whre Veryfi really shines. You can bulk categorize items, match them with bank transactions (it connects to your bank) and export CSV's from the web platform.

You can also set up rules to automaticially classify transactions based on data read from the receipt.

Veryfy is a powerful app for someone serious about tracking business or personal expenses in an efficient way. It's not a cute toy app with silly icons (thankfully). It's a serious productivity tool with lots of capability.

If you've been through other apps (I went through 4 of them before ending up with Veryfi), then you'll appreciate this apps capabilities. It is FAR beyond any other receipt scanner or expense management app.

If you have real expenses to manage (for personal or business) Verify is the way to go.

Plus, they have great customer support if you have questions. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

Very few complaints. Overall, a great app as is.

A couple of features that would be nice:

1. Being able to see what account number a newly scanned receipt was associated with without needing to open the item. This feature would cut time-to-scan from 30 secs. to 15-20 secs.

2. Quicker way to switch between two "users" in order to separate personal and business expenses more easily.

But these are minor.. Basically, if you need a receipt scanner and expense tracker, this is the way to go. Review collected by and hosted on G2.com.

What problems is Veryfi solving and how is that benefiting you?

I don't need to save paper receipts and have a bookkeeper enter them by hand. Review collected by and hosted on G2.com.

Matthew S.
MS
Owner
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Veryfi?

It integrates with Quickbooks online and is reasonable in cost. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

The application and website are not well maintained. There are weird issues that I feel if I contact support, I'll just get no where. Sadly, support is not as good as it used to be. Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

Definitely take the free trial! I'm sure you'll fall in love with it. You may even find the free version suits your needs just fine. Review collected by and hosted on G2.com.

What problems is Veryfi solving and how is that benefiting you?

Document scanning, storage, and retrieval for accounting and tax purposes. Integrates with Quickbooks Online to eliminate (at least dupicate) expense data entry. Review collected by and hosted on G2.com.

VS
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Veryfi?

The OCR technology is impressive, it accurately and quickly extracts data from my receipts and invoices, saving me a significant amount of time. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

do not have any dislikes about this service, everything work as expected Review collected by and hosted on G2.com.

What problems is Veryfi solving and how is that benefiting you?

The automation of data entry and expense tracking saves us a lot of time. The OCR is very accurate and JSON responce is well-structured and clear. The integration with out accounting system was very simple. Review collected by and hosted on G2.com.

Abdessamad E.
AE
Automaticien
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Veryfi?

it's simple and very useful to generate images Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

actually anything is negative in this tool Review collected by and hosted on G2.com.

What problems is Veryfi solving and how is that benefiting you?

i extract a long book and make it comprehensive for everyone Review collected by and hosted on G2.com.

Menahil A.
MA
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Veryfi?

Integration with our mobile app was easy Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

Pricing is slightly on the higher side.. Review collected by and hosted on G2.com.

What problems is Veryfi solving and how is that benefiting you?

We don't need to manually input and extract Order IDs from receipts Review collected by and hosted on G2.com.

Mohit P.
MP
Full Stack Wev Developer
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Veryfi?

It's a very comprehensive API. You get most of the data points that you need in a structured format. Retailer extracting is pretty good too. We have used many other vendors too Like AWS and Google Vision but Veryfi stands out because of the number of data points they give from unstructured documents. Many of the other services fail when they try to pick a new retailer. Product identification is good too service can give you a product name based on SKU which is very helpful for retailers like Walmart or Target. Last but not least you can use their GUI to see all these changes which is very good if you want to just review one receipt. Otherwise, you will have to extract data from the database and then see it in some tool. It's a very comprehensive product that has considered many things while building this service. Duplicate receipt verification, deletion of dup receipts, and adding missing vendor name so that in future receipts it will be picked correctly. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

Sometimes Veryfi services go down, this is a very critical bottleneck if you need a response in real-time. AWS and GV stand out because of the reliability they offer. You just can not have any downtown at all. Sometimes their product extraction fails too it does not give the correct result each time. Cost-wise too it's a bit expensive, yes it does give a lot of data but compared to other services it's expensive so people who are looking for a cost-effective solution might not use this product because of budget constraints. Review collected by and hosted on G2.com.

What problems is Veryfi solving and how is that benefiting you?

We mostly used it to extract data out of receipts so that we can award points based on their purchase history. Veryfi service takes all of your headaches when it comes to extracting data out of the receipts. We did use other services earlier but product extraction, total extraction, and vendor identification were all done manually because we did not get the correct result from the service. Verify service results are pretty good so we can use build our services on top of theirs. Review collected by and hosted on G2.com.

Response from Dave Van Everen of Veryfi

Thank you for letting us know you were experiencing issues with Veryfi services. We're very transparent about the speed & accuracy of our platform, as well as its uptime. When you encounter any issues, please reach out to our support team and/or check our status page (https://status.veryfi.com/), which is currently showing 99.998% uptime, based on monitoring from the 3rd party incident management solution Better Uptime (https://betterstack.com/).

Paul M.
PM
Lead Software Engineer
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Veryfi?

We needed an OCR solution that is powerful enough to process thousands of vendor invoice formats. VeryFi’s OCR Invoice API has met our needs and their customer service is first class! Implementing the API was straightforward, and it catapulted our development efforts forward by years. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

Frankly, I don't have anything that I dislike about the product or the company! Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

The "proof is in the pudding" as the old saying goes. Best advice is try it out. Our previous vendor's solution was not powerful enough. Again, as I mentioned before twice, we needed an OCR solution that is powerful enough to process thousands of vendor invoice formats. VeryFi’s OCR Invoice API has met our needs and their customer service is first class! Implementing the API was straightforward, and it catapulted our development efforts forward by years. Review collected by and hosted on G2.com.

What problems is Veryfi solving and how is that benefiting you?

Again, we needed an OCR solution that is powerful enough to process thousands of vendor invoice formats. VeryFi’s OCR Invoice API has met our needs and their customer service is first class! Implementing the API was straightforward, and it catapulted our development efforts forward by years. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
UI
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Veryfi?

We're using their API to quickly scan incoming files and extract invoice details from them.

The results are very accurate, and it's fast.

We're able to extract some fields that aren't trivial and get them marked in context. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

While Veryfi works very well, in some cases we have user feedback about the accuracy of the results. It's a shame we can't have a feedback loop to report the actual data and improve Veryfi's performance for our users. Review collected by and hosted on G2.com.

What problems is Veryfi solving and how is that benefiting you?

We're streamlining invoice uploads for our users. Thanks to Veryfi, the users don't need to upload details from their documents and we can present it directly within the screens. Review collected by and hosted on G2.com.

Steve F.
SF
Director
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Veryfi?

The ease of use is the key to Veryfi. Compared to other capture software the setup time is minimal, you can be up and running in minutes. We utilize the APIs heavily and integrate the software as required. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

For our use cases where we use Veryfi and integrate to a number of ERP and Finance systems, we have everything we need. Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

Try it out, you get enough time and a fully functioanl capability to make sure it does what you need. Review collected by and hosted on G2.com.

What problems is Veryfi solving and how is that benefiting you?

We have saved large amounts of time in our processing departments typically finance where we are looking to process large volumes of purchase invoices, match them to PO and Receipts and update the finance system. Accuracy is another key element, having the software learn as we progress with more volume allows it to fine-tune the capture side of the process. Review collected by and hosted on G2.com.

Leo U.
LU
CTO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Veryfi?

Moneo.cash uses Verify's OCR service to process thousands of tickets per month. We have a good working relationship with them and get solid support from actual techs. The system lets us train continually in order to improve performance. The actual speed is quite good, but we picked Veryfi after reviewing other options simply because the output so much better than the rest. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

I wish Lens was free, but other than that everything else is good. Review collected by and hosted on G2.com.

What problems is Veryfi solving and how is that benefiting you?

Our core business replies con grabbing data off of pictures of tickets, taken on user's cellphones, so automating the process is essential to us. Review collected by and hosted on G2.com.