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Veryfi

Veryfi is a sophisticated AI-powered OCR (Optical Character Recognition) platform that specializes in automated data extraction from various business documents. The platform leverages deterministic AI models trained on state-of-the-art Nvidia H100s and A100s hardware to ensure accurate and reliable document processing.

The platform offers comprehensive document processing capabilities, including invoice processing, receipt scanning, business card recognition, and bank statement analysis. With support for 38 languages and 91 currencies, Veryfi maintains SOC 2 Type 2 certification and ensures compliance with major data privacy regulations including HIPAA, GDPR, and CCPA.

veryfi.app

Veryfi is a powerful AI-powered bookkeeping solution that automates the burdensome tasks of data entry, expense categorization, and document reconciliation. Designed for teams and individuals alike, Veryfi processes receipts, invoices, bank feeds, timesheets, and vehicle logbooks in real time. Users benefit from seamless integration with leading cloud accounting platforms, smart email forwarding, cloud document fetching, and instant data extraction directly from photographs or scans.

With a focus on data privacy and security—being HIPAA and GDPR compliant—Veryfi ensures that your financial data remains protected at all times. Its mobile-first approach ensures a smooth, responsive experience, making bookkeeping efficient and accessible from anywhere. Reliable, rapid, and easy to use, Veryfi empowers users to reclaim time by automating critical back-office operations.

Pricing

Veryfi Pricing

Freemium
From $500

Veryfi offers Freemium pricing with plans starting from $500 per month .

veryfi.app Pricing

Paid
From $14

veryfi.app offers Paid pricing with plans starting from $14 per month .

Features

Veryfi

  • Deterministic AI Models: Trained in-house on H100s and A100s for reliable data extraction
  • Multi-Document Support: Processes receipts, invoices, W-2s, W-9s, and business cards
  • International Coverage: Supports 38 languages and 91 currencies
  • Security Compliance: SOC 2 Type II certified with HIPAA, GDPR, and CCPA compliance
  • Advanced Processing: Automatic document categorization and duplicate detection
  • Mobile Integration: Lens framework for iOS, Android, and web browsers
  • Document Management: Automatic rotation and splitting capabilities
  • Real-time Processing: High-speed API with 99.995% uptime

veryfi.app

  • AI-Based Data Extraction: Instantly extracts and processes data from receipts, invoices, and other financial documents.
  • Automated Expense Categorization: Automatically codes expenses and tax-related categories using AI.
  • Integrated Bank Feeds: Connects with over 15,000 banks for account transaction reconciliation.
  • Secure Document Import: Accepts uploads via email, custom camera, and cloud storage syncing.
  • Comprehensive Privacy: Built with HIPAA and GDPR compliance for maximum data security.
  • Mobile Friendly: Delivers an optimized, reliable mobile experience for on-the-go bookkeeping.
  • Team Support: Enables automation across teams with advanced collaboration features.

Use Cases

Veryfi Use Cases

  • Accounts Payable Automation
  • Expense Management
  • CPG Loyalty Programs
  • Construction Documentation
  • Healthcare Document Processing
  • Real Estate Document Management
  • FinTech Integration
  • Business Card Data Capture

veryfi.app Use Cases

  • Automating the collection and processing of expense receipts for small business owners.
  • Tracking mileage and vehicle expenses for accurate tax reporting.
  • Streamlining invoice and bill management for accounting professionals.
  • Scheduling and tracking work timesheets for employee payroll and compliance.
  • Reconciling bank statements with uploaded documents for accurate bookkeeping.

FAQs

Veryfi FAQs

  • How are API Transactions defined?
    An API Transaction is a request to extract data from a single document that spans no more than 15 pages. Documents with more than 15 pages require custom account configuration.
  • How does Veryfi's deterministic AI compare to LLMs?
    Veryfi's ML models are deterministic and trained in-house, providing reliable JSON results, unlike LLMs which can be non-deterministic and prone to hallucinations, making them unreliable for financial numbers.
  • What is your uptime / availability?
    Veryfi offers 99.995% uptime through a blue/green process for automated deployments, with real-time status monitoring of all Web and API services.

veryfi.app FAQs

  • What accounting platforms does Veryfi integrate with?
    Veryfi integrates with popular cloud accounting solutions such as QuickBooks Online, QuickBooks Desktop, Xero, and Saasu.
  • How secure is my financial data with Veryfi?
    Veryfi is built with data privacy and security at its core, complying with both HIPAA and GDPR standards to ensure your financial data is protected.
  • What methods can I use to import expenses and receipts into Veryfi?
    You can import documents via email forwarding, using the custom in-app camera, connecting cloud storage providers, or linking your bank accounts.
  • Does Veryfi offer a free trial?
    Yes, Veryfi offers a 14-day free trial with no credit card required.

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