Veryfi OCR API & SDK Pricing, Features, Reviews & Alternatives

Veryfi OCR API & SDK

Receipt OCR API for real-time data extraction

4.67/5 (3 reviews)

Veryfi OCR API & SDK overview

What is Veryfi OCR API & SDK?

Veryfi OCR API & SDK turns unstructured data, such as receipts, bills, invoices, and other documents, into structured data (with line items) in seconds using machine-based data extraction. The platform offers features including a drag and drop processor, document inbox, data export, and more. The Veryfi technology is ready to use out-of-the-box and requires no training, no humans in the loop, and no templates. All documents are processed in real-time using Veryfis pre-trained machine models to provide instant time to value.

Veryfi OCR API & SDK facilitates OCR (optical character recognition) for receipt images, receipt paper, and handwritten or printed text and the system can automatically extract key information for bookkeeping. The receipt OCR tools can be used for processes including machine translation, text-to-speech, text mining, cognitive computing, pattern recognition, and more. Veryfi OCR API & SDK ensures data security via SOC2 TYPE2 compliance and businesses can also opt to have their data automatically deleted after processing within the system.

Pricing

Pricing options
Free
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
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Veryfi OCR API & SDK screenshotVeryfi Lens + API Demo for Data Capture & Data ExtractionVeryfi OCR API & SDK screenshotVeryfi OCR API & SDK screenshotVeryfi OCR API & SDK screenshot: Veryfi OCR API & SDK file uploadVeryfi OCR API & SDK screenshot: Veryfi OCR API & SDK document inboxVeryfi OCR API & SDK screenshot: Veryfi OCR API & SDK API documentation

Veryfi OCR API & SDK user reviews

Excellent
2

Very good
1

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  5.0
  5.0
  5.0
  5.0
Rolf W.

Just works

Used occasionally for less than 6 months
Reviewed 2020-09-17
Review Source: Capterra

Overall our experience has been great. Getting instant results simplifies development a lot, since it's not needed to keep track of submitted items and fetching results later. The process from signup to development and using the product has been very streamlined. Support is awesome, too.

Pros
Simple, straight-forward API that is well-documented. It didn't take much effort to get started. Processing is instant - a far cry from other solutions that we used that involved humans, supposedly needed for accuracy. It turns out that's not the case: I found Veryfi's results more accurate and consistent. Very accurate in our experience. Another big pro for us is that processing is done by machines only, which means sensitive documents are not shared with anonymous contractors. Documents can be deleted via the API after processing, seconds after submitting. This means little to no concern about data security and privacy. Support has been stellar and snappy, although rarely needed.

Cons
Pricing per document is reasonable and even competitive, even more so considering the pros mentioned earlier. The one improvement I currently wish for is an entry-level processing tier for lower volumes. That would make it more attractive for companies who don't have enough volume yet for the current entry-level tier. But I understand that's ultimately more a positioning decision or consideration for customer support loads than an actual product improvement.

Response from Veryfi


Wow! Wow! Thank you . Love the feedback. I have shared it with the team and smiles all around. Thank you for the detailed feedback and for becoming a Veryfi customer.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Hannah W.

Easy to Implement, Fast and Accurate Processing

Used occasionally for 6-12 months
Reviewed 2020-08-18
Review Source: Capterra

Really easy to implement, responsive team, worked with us for over a year to meet our business needs. We were waiting for the right time to release an OCR feature (a customer request), and we are thrilled with the result!

Pros
Veryfi is super fast at processing information from receipt to JSON, and it has a lot of accuracy---including recognizing pretty terrible hand writing!!

Cons
Wish their pricing model incorporated multiple platforms within the subscription, instead of separating out the APIs between iOS/Android.

Response from Veryfi


Love it! Thank you so much for your beautiful feedback and support! We are thrilled to support you and your team.
Best, Ernest

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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David G.

Time saver

Used daily for less than 6 months
Reviewed 2020-07-23
Review Source: Capterra

We used it to cover our invoice OCR needs, saved us a bunch of time on that.

Pros
Easy to integrate to our software, great support, nice features.

Cons
Rules functionality could be more robust.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 7/10

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Veryfi OCR API & SDK pricing

Pricing options
Free
Subscription
Free trial
View Pricing Plans

Transparent no-contract pricing,
ready-to-go out of the box data extraction.

[Plan] STARTER:
Starter plan for companies to 25,000 transactions / month
.
Minimum: $500 includes 6,250 receipts and/or 3,125 invoices
Then pay per
Receipt: $0.08
Invoice: $0.16

[Plan] GROWTH:
Growth plan is for companies doing more than 25,000 transactions / month
Sliding Price Rates when you reach scale.

Veryfi OCR API & SDK features

API
Data Capture and Transfer
Data Import/Export
Multi-Language
Reporting/Analytics

AI/Machine Learning (48 other apps)
Activity Dashboard (69 other apps)
Collaboration Tools (52 other apps)
Data Extraction (49 other apps)
Data Visualization (45 other apps)
Drag & Drop (52 other apps)
Monitoring (41 other apps)
Natural Language Processing (53 other apps)
Predictive Analytics (44 other apps)
Real Time Data (43 other apps)
Reporting & Statistics (55 other apps)
Search/Filter (63 other apps)
Sentiment Analysis (42 other apps)
Third Party Integrations (90 other apps)
Workflow Management (44 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Videos and tutorials

Additional information for Veryfi OCR API & SDK

Key features of Veryfi OCR API & SDK

  • Developer Portal
  • API Lifecycle Management
  • API Design
  • Convert to PDF
  • Metadata Extraction
  • Image Pre-processing
  • Multiple Output Formats
  • Data Capture
  • Remote Data Capture
  • Distributed Capture
  • Disparate Data Collection
  • Image Extraction
  • Document Extraction
  • Reporting/Analytics
View All Features

Benefits

(a) Level 3 Data Extraction

: Wealth of data extracted including Line item level detail
(b) Instant Time to Value: 

Ready to Go out of the box —
No training or data required
(c) Data Privacy & Compliance

: Veryfi is SOC2 Type2 Certified and Compliant with GDPR (EU), HIPAA & CCPA. Ref Apple.
(d) Data Capture Tech: 

Native Camera Technology for iOS and Android Data Capture
(e) Scales: Global

 Enterprise Customers across US, EU and Asia.