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.
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.
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.
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!
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
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.
(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.
FAQs for Veryfi OCR API & SDK
Below are some frequently asked questions for Veryfi OCR API & SDK.
Q. What type of pricing plans does Veryfi OCR API & SDK offer?
Veryfi OCR API & SDK has the following pricing plans:
Pricing model: Free, Subscription Free Trial: Available
Q. Who are the typical users of Veryfi OCR API & SDK?
Veryfi OCR API & SDK has the following typical customers:
Small Business, Large Enterprises, Public Administrations, Non Profit, Freelancers, Mid Size Business
Q. What languages does Veryfi OCR API & SDK support?
Veryfi OCR API & SDK supports the following languages:
No information available
Q. Does Veryfi OCR API & SDK support mobile devices?
Veryfi OCR API & SDK supports the following devices:
We do not have any information about what devices Veryfi OCR API & SDK supports
Q. Does Veryfi OCR API & SDK offer an API?
Yes, Veryfi OCR API & SDK has an API available for use.
Q. What other apps does Veryfi OCR API & SDK integrate with?
Veryfi OCR API & SDK integrates with the following applications:
Dropbox Business, Google Drive, Box, Slack, QuickBooks Online, Xero
Q. What level of support does Veryfi OCR API & SDK offer?
Veryfi OCR API & SDK offers the following support options:
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