Veryfi - AI bookkeeper Pricing, Features, Reviews & Comparison of Alternatives

Veryfi - AI bookkeeper

Bookkeeping on auto-pilot with real-time AI mobile apps

4.87/5 (121 reviews)

Veryfi - AI bookkeeper overview

What is Veryfi - AI bookkeeper?

VERY FAST
Veryfi turns pictures of receipts and bills into data in under 3 seconds. Now you can truly throw away those paper receipts.

VERY RELIABLE
Veryfi never sleeps. Veryfi is always working for you. Machine are like that. Veryfi has been built in Silicon Valley by veterans of the industry with a focus on quality, user experience, security, and reliability.

VERY SECURE
Veryfi is the only bookkeeping AI company that is HIPAA & GDPR compliant. Veryfi is 100% machine powered end-to-end. This means no humans ever see or extract your data.

Pricing

Starting from
$15/month
Pricing options
Free
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada, United Kingdom, Australia

Supported languages

English, Spanish
Veryfi - AI bookkeeper screenshot: Field worker scanning a receipt from hardware shop which extracts data in 3 seconds flat!Project Management & TimeSheets in Veryfi ~ Step by Step Walk ThroughVeryfi - AI bookkeeper screenshot: Veryfi Mobile app to manage Expenses, Receipts & Projects available on iPhone & Android.Veryfi - AI bookkeeper screenshot: Logbook Mileage Tracker by Veryfi used in the field by Uber driver.Veryfi - AI bookkeeper screenshot: Timesheets & Employee Scheduling app by Veryfi. App includes floor detection, geofencing & employee beacons.Veryfi - AI bookkeeper screenshotVeryfi - AI bookkeeper screenshot: HUB by Veryfi is a web interface to provide 30K feet visibility on user data.Veryfi - AI bookkeeper screenshot: HUB by Veryfi showing the scanned receipt vs data extracted. In total 73 data points are extracted inc. OCR line by line detail.Veryfi - AI bookkeeper screenshot: Accounting Practice Management by Veryfi for CFOs, CPAs & Bookkeepers. Accountants can earn revenue share by bringing on board clients to the Veryfi platform.Snap Receipts, Get Data Back in Real-Time!Detect, Crop & Stitch Multi-Page Receipts using Veryfi OCR APIBuried in Receipts? Mahogany Builders Case StudyManage your Clients in Veryfi like a Pro!Automate your Bookkeeping using AI Mobile Apps

Veryfi - AI bookkeeper user reviews

Excellent
105

Very good
16

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.6
  4.8
  4.8
  4.8
Matthew Shaffner

Excellent Support

Used daily for 6-12 months
Reviewed 2018-10-15
Review Source: Capterra

I can't say enough how responsive, friendly, and efficient their customer/technical support has been.

Pros
Not only is the app fantastic, easy to organize and easy to use, but technical support and customer service is A+++! Any issues at all are handled promptly and professionally. It's premium features are also really reasonably priced!

Cons
The OCR and AI could use some work. I constantly am having to update the vendor due to missing or wrong information. I also had a bit of an issue importing documents from my previous solution. They all came in, but the information was lost unfortunately. It could have been done if Neat would allowed multiple CSV exports of my PDF Files, so it's not really Veryfi's fault. Neat secures you as a customer as if your documents are a prisoner. Veryfi helped free me from them!

Response from Veryfi


Matthew, thank you for your detailed review of Veryfi inc. your experience coming onboard from another provider. Love the feedback and ratings you left us. Thank you so much for the ongoing support :-)

PS. Check out our referral program https://hub.veryfi.com/referrals/

Best, Ernest (cofounder)

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Jamie Smith

Smarter, not harder

Used daily for less than 6 months
Reviewed 2020-01-09
Review Source: Capterra

[SENSITIVE CONTENT HIDDEN], answered questions/concerns, provided 1:1 training, amazing customer support, and treated our 2 employees business like we are just as important as their big construction company clients.

Pros
Veryfi’s Intelligent OCR (Optical character recognition) made scanning over 2,000 handwritten/printed receipts simple, convenient, and accurate data extraction effortlessly.

Cons
When using the column filters or a specific date range the filter is not saved.

Response from Veryfi


Jamie, Thank you so much for the lovely feedback! I have shared it with the team and there were smiles all round. We are grateful for the lovely private note you left. Thank you again for the support!
Best,
Ernest (cofounder)

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Coy Dunston

CEO/ President

Used daily for free trial
Reviewed 2020-11-14
Review Source: Capterra

We use the Expense management product. During our first three days, we scanned 300 receipts. We contacted support and Veryfi raised our cap to 600. We readily used the additional allocation in less than three days.

Pros
Ease of use. Out of the box solution. Implementation is extremely simple. User friendly. Our CPA firm is overjoyed! They continue to evaluate Veryfi expense management and other product offerings.

Cons
The 300 receipt limitation is bothersome for new users, but I understand Veryfi rationale.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Jake Douglas

Solid Optical Reading

Used weekly for less than 6 months
Reviewed 2016-11-11
Review Source: Capterra

I have not used IQBoxy for long, but I do have some clients using it to track their business expenses. They take photos of their receipts and IQBoxy converts them to digital information and syncs with Xero Accounting Software. So far, the information the software gathers from the receipts has proven to be both accurate and reliable, which is more than can be said for some other software I've used. It is able to pull the vendor name, date, amount, etc. and accurately sync it with Xero. I also like the expense reports and reminders to get your receipts entered. The expense reports can be printed from your computer to submit to your accountant or bookkeeper. The one area that I find challenging is the integration with Xero. Though it transfers information well, the workflow still requires more steps than entering a transaction. Essentially, it creates an unapproved Bill in Xero for your accountant to approve (create the bill), then record a payment (or you can use the Expense Reimbursement feature of Xero the same way). To set the account and approve the bill, then create a payment to actually hit your general ledger is more steps than just creating a spend or receive money transaction. For that reason, the integration might not be the right solution for everyone, but overall, the software is accurate and helpful for tracking business expenses and keeping your receipts organized.

Pros
Accuracy in reading receipts.

Cons
Integration steps (which may not really be unique to this software).

Response from iqBoxy


Jake, thank you for your great feedback and support.

We now have web app tool for accountants & bookkeepers to manage your clients from the 1 place. Check it out => https://www.veryfi.com/accounting-practice-management/

PS. IQBoxy has a new name! VERYFI ~ Read the announcement => https://www.veryfi.com/news/iqboxy-is-now-veryfi/

Best, Ernest (cofounder)

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 7/10

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Ciaran Hennessy

Excellent Resource for storing Invoices and receipts

Used daily for free trial
Reviewed 2020-09-16
Review Source: Capterra

VeryFi enable me to record my expenses and receipts on a regular basis with ease and keep my accounting documents up to date

Pros
What a brilliant, expedient and simple way of recording invoices and receipts on a regular basis Just forward any receipts and/or invoices to the app and it automatically scans and picks up the details set your profile to a vat/tax percentage and it will also automatically separate that from the total

Cons
I would love to see the vat/tax shown at the bottom of screen reports as a separate field/column

Response from Veryfi


Love it. Thank you for your feedback and review. Please email me regarding the changes you'd like re vat/tax so we can get it into our next release schedule :-)

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Veryfi - AI bookkeeper pricing

Starting from
$15/month
Pricing options
Free
Subscription
Free trial
View Pricing Plans

- Unlimited document scans
- Unlimited reporting & insights
- Vehicle logbook tracking
- Sync to cloud accounting (eg. QBO, IIF)
- Backups to cloud storage
- Bank feeds & reconciliation
- Bills fetch via veryfi.cc
- Pain-free Data Migration
- 30 day money back guarantee!
and much more: https://www.veryfi.com/full-features/

Veryfi - AI bookkeeper features

API
Accounting Management
Audit Trail
Expense Tracking
Real Time Data
Third Party Integration

Accounting Integration (181 other apps)
Activity Dashboard (262 other apps)
Automatic Notifications (181 other apps)
Billing & Invoicing (210 other apps)
Compliance Management (214 other apps)
Customizable Reporting (180 other apps)
Data Import/Export (205 other apps)
Electronic Payments (189 other apps)
Financial Analysis (148 other apps)
Invoice Management (252 other apps)
Invoice Processing (169 other apps)
Multi-Currency (179 other apps)
Reporting & Statistics (298 other apps)
Workflow Management (177 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 - AI bookkeeper

Key features of Veryfi - AI bookkeeper

  • Mobile receipt capture
  • Receipt upload
  • Activity logging
  • Accounting management
  • Activity tracking
  • Audit trail
  • Bank reconciliation
  • Data extraction
  • Document storage
  • Expense tracking
  • File management
  • GPS
  • HIPAA compliance
  • Real time data
  • SMS integration
  • Summary reports
  • Third party integration
  • Transaction monitoring
  • Duplicate detection
  • Currency conversion
  • PCI DSS compliance
  • Sales tax management
  • API
  • Expense claims
  • Location tracking
  • Automated expense input
  • Geolocation
View All Features

Benefits

Veryfi is both HIPAA: Health Insurance Portability and Accountability Act and The General Data Protection Regulation (GDPR) compliant.

The iOS and Android expense apps allow users to capture photographs of receipts and automatically extracts data and logs it within the system.

Business-related travel can be logged with the Veryfi Logbook Mileage Tracker app which automatically tracked and records mileage while the app is running in the background of any mobile device.

Veryfi integrates with many third party apps including Sage One, Rippling, Dropbox, Office 365,Slack, Box, QuickBooks, Saasu, and more, to provide a synchronized experience.

Categorization habits are recognized and recorded through machine learning so that categorization can be automated to maximize tax deductions and avoid tax audits.