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Veryfi Reviews & Product Details - Page 4

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
454 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.
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Video Reviews

56 Veryfi Reviews

4.6 out of 5
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56 Veryfi Reviews
4.6 out of 5
56 Veryfi Reviews
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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Shane T.
ST
COO & Founder
Professional Training & Coaching
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Veryfi?

Instantly (within a few seconds) pulls out all the data, so I can check it if necessary.

Really like all the integrations (feeds right into our accounting package - we use Xero, but I see it links to many others - and love that I can have everything saved to box or dropbox as well). Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

No AI is going to be perfect when it comes to pulling out the data of all these different kinds of receipts and invoices, so I know there will be some occasional errors. Veryfi does this better (and faster) than any others I have tried.

However, I think this main feature - plus the integrations to tie it into our ecosystem - is what really saves time and makes it worthwhile. I do wish they would channel more of their efforts into the core AI (instead of continuing to come out with other major "spin-off" features - like mileage and time tracking). Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

I would definitely recommend this product for businesses wanting to collect, store, and integrate their receipts to accounting systems. Review collected by and hosted on G2.com.

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

All receipts are captured on the fly (either via the smartphone app, the dedicated email address, or the various upload/sync methods), and are backed up into our box.com and fed into Xero. This creates tremendous peace of mind (for tax purposes) - and saves time for expensing clients, etc. Review collected by and hosted on G2.com.

Response from ★ Ernest Semerda ★ of Veryfi

Shane, thank you for your ongoing support and great feedback! Rest assured our efforts to keep on improving the machine learning side of data extraction is a top priority for us; it's one of our internal key performance indicators.

Best, Ernest (cofounder)

Daniel A.
DA
Real Estate Broker
Real Estate
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Veryfi?

This application and web platform has helped us complete the transition to a fully digitized workflow for ur business. We are a real estate investment company and have multiple LLC's with individual billing and categorization. By linking Veryfi with Quickbooks, we have saved time, simplified our process, and prepared our business for future audits. The customer support to set things up has been excellent. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

So far, we have been surprised that all the features we need are baked into the software. Since we have only been using Veryfi for a few months, we may have suggestions for improvements in the future. But so far, very satisified. Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

This is an amazing product and I highly recommend this to any other businesses who are ready to take their expense management to the next level. I also received great help in setting it up. My questions were answered very quickly. I am so impressed with this business. Review collected by and hosted on G2.com.

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

We have eliminated paper clutter and stacks, we are not double categorizing in Quickbooks and with the paper (it is linked now), and we can quickly scan receipts at the point of purchase. This has eliminaited our fear of losing a bill or losing the audit trail. Review collected by and hosted on G2.com.

Response from ★ Ernest Semerda ★ of Veryfi

Daniel, Thank you so much for your great feedback and support! We are continuously exploring new ways to automate bookkeeping in real estate so should you have any ideas/feedback you want us to consider please let me know. Btw, have you or your clients (landlords/hosts) tried our AirBnB ledger integration for https://www.veryfi.com/airbnb/ ?

Best, Ernest (cofounder)

GR
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Veryfi?

Easy to navigate, reads characters very well and is intuitive. Ability to pull in multiple credit cards on the account and see reconciliation. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

This is picky...but while you wait for the 8-15 seconds to upload the receipt when in a hurry I wish I could complete the metadata/notes I like to track while I wait.

Going forward I would like to explore integration to out Job Costing. Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

Make the leap to get early benefits then continue to refine and further the benefits. We want to integrate to our job costing but have not done that yet only because of resource constraints but had we waited to get it 100% we would not have realized the big benefit straight out the box of not chasing paper. Review collected by and hosted on G2.com.

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

The field staff could never keep track of the receipts, trying to make the entries to our financial system is so much simpler as we can read the receipt and know what was purchased for what job even if the employee does not complete the data fields. When you have no receipt you have very little clue what was bought without a lot of time wasted. Review collected by and hosted on G2.com.

SA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Veryfi?

I've been using Veryfi since it was called IQBoxy and have been happy since day one with their product and customer service. Their response is so fast and personal.

This app has been the solution for all the receipts I held in my bag and on my desk. Now I use it for both home and business for budgeting, easy access, and tax preparation.

The app features keep improving and its performance on both mobile and desktop exceeds my expectations. I highly recommend veryfi products! Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

I wish there was a way to help me track invoices to customers. Review collected by and hosted on G2.com.

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

I'm able to get financial figures quick and easy without needing to hire help. I was able to download a report for tax preparation that saved me a lot of time! I can compare and tally my spending by category. Best part is being paper free so I can operate from a mobile office and still have access to my receipts without worrying about losing them. Review collected by and hosted on G2.com.

PT
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Veryfi?

By far the best feature of this solution is the ability to track expenses and organize them for ease of use later. I have never felt so organized then when I started using this product! As a business owner of three different companies, Veryfi not only allows me to utilize this solution for one, but ALL of my businesses in one easy to navigate experience via my web browser either at the office or on the go! With the mobile applications available to not only Apple iOS but also Android, I am SO glad that I decided to use Veryfi for my expense tracking needs! Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

If it weren't for my AMAZING tech-guru guy I think this solution at first is a little complicated, but it literally only took one *focused* afternoon to learn the ins and out, and I now have the hang of how to enter data in and hardly ever need to ask for assistance! The best advice I can give is that the information is overwhelming at first, so if you cannot take the one-on-one FREE on-boarding consultation meeting they give you, PLEASE find someone in your team that you trust to take it. YOU WON'T BE SORRY (and its only about 30 minute of time)!!! Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

TRY IT AND NEVER LOOK BACK! Review collected by and hosted on G2.com.

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

I knew that BEFORE I started financially getting engulfed in the mundane day-to-day expenses businesses experience, I needed something to track my expenses quickly and be as agile as I am running my three companies. This solution not only provided the ONLY reliable solution to this problem, but because of its account reconciliation capabilities with not just liquid asset accounts, but credit, etc, it became the absolute winner in my eyes compared to some of its competing products in the small business market. In the amount of time/money that this solution has and will save me, I am SO FORTUNATE I found Veryfi.com, and I think you will be too! Review collected by and hosted on G2.com.

Kenneth B.
KB
Director of IT Infrastructure Support
Government Administration
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Veryfi?

This is my third receipt tracking application (forth if you count the paper receipts in a box!). By far, this one is the best. The capture works well and the OCR is amazing in the way it identifies the needed text on the receipt. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

Occasionally the captured image fails to render and appear in the history, so I have trained myself to wait until it fully processes and appears before shutting the app and moving on with life. Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

This is easy to use and inexpensive. It is much better than any of the other solutions I have tried. Review collected by and hosted on G2.com.

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

I can keep up with expenses and receipts without having to hold on to pieces of paper. I can print expense reports and have data to complete required reporting forms. Review collected by and hosted on G2.com.

DD
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Veryfi?

Very easy to use. It saves me a lot of time especially when i am on the road.

The scanning or recipts is right most of the time and its great how it links into my accounting package and bank feeds. It also "guesses" what the accounting classification should be. I travel overseas a lot so the multi currency ability of verify is also fantastic. Saves me trying to work out what the conversion rates should have been.

Its also very useful when I get emailed receipts (which is happening more and more) as I can forward then directly to verify for auto entry into the system. Finally having somewhere to be able to store and search for all my old receipts is very handy when clients accounting departments ask to see the documents.

i haven't had the need for support much (which is a testament to the product) but when I did they were very prompt in responding and solving my issues. Great work guys! Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

Which the OCR and allocation of expenses to my expenses ledgers is good it could still be better.I am sure thats something the verify team are working on. Also when I sign up (which was quite a while ago) It took me some time to work out how to use the product, but when I did I was away. I believe they now offer 1 to 1 training online which is great, but I think they should also add some more "how to" video's to help new users get up to speed quicker. Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

Researched a quite few products before adopting Veryfi. Its one of the better software products I use. Review collected by and hosted on G2.com.

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

Verify has saved me time and money. The amount of time we used to devote to coding expenses has dropped to a fraction of what it used to be saving on book keepers fees. Also there were always receipts that I lost along the way which meant lost reimbursement from clients.

It’s also great to have a scanned record of every expense available if the need arises. Review collected by and hosted on G2.com.

Verified User in Construction
AC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Veryfi?

keeps all receipts organized so at a click of a button you have a report Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

when OCR makes a mistake in Identifying the vendor it makes you "x" out the mistaken text instead of highlighting it so you could immediately correct the entire word or words...not really a big deal but when in a hurry its annoying Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

Worth the money Review collected by and hosted on G2.com.

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

Takes minutes to get everything organized for the accountant Review collected by and hosted on G2.com.

Verified User in Retail
AR
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Veryfi?

Ability to upload receipts and track based on category. All Data collection is done by AI, so no human eyes or hands ever touch your receipts. They integrate well with other apps like Lyft so your receipt is automatically added. It even has an automatic mileage tracker and mileage expense calculator. You can have your accountant join in so you no longer need to carry stacks of paper to their office at tax time. Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

The UI is a bit clunky and cluttered. The autodetect for receipts sometimes doesn't detect the receipt. Uploading restaurant receipts does't read the TIP line so you have to manually add the tip, which then sometimes changes they subtotal. Review collected by and hosted on G2.com.

Recommendations to others considering Veryfi:

This is a new company and new product. I have seen them implement some great changes over the past 6 months. Stick with them and I feel they will be the best expense/receipt app on the market. Review collected by and hosted on G2.com.

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

Tracking expenses. - organization - tax time efficiency Review collected by and hosted on G2.com.

OB
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Veryfi?

Multiple ways to easily input expenses: snap a photo with your phone, drag & drop via the web interface, or forward receipts by email to a dedicated email address. Also have the ability to connect Dropbox (among other third party apps) so that all my receipts are instantly backed up to a designated DB folder.

I've tried several apps out there to track both personal and business expenses, and VeryFi is my favorite to date, by far. Really excellent stuff.

The customer support staff have also been very helpful when needed. Keep it up, guys! Review collected by and hosted on G2.com.

What do you dislike about Veryfi?

While I'm sure some things could always be enhanced, nothing comes to mind that I would call a "dislike." So long as the team continues to tweak, update, and listen to their customers, they'll be just fine. Review collected by and hosted on G2.com.

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

Needed a way to automate expense tracking and receipt/invoice retention for accounting and tax reporting needs. Review collected by and hosted on G2.com.