Veryfi Receipts OCR & Expenses vs QuickBooks Desktop Enterprise Comparison

The linkage with Quickbooks was exactly what we needed.

Nothing. We have been using it for 3 months and it does what it is supposed to do, and much more.

Daniel, thank you so much for the lovely feedback! Let me know what else we can add to the product to make your experience even better :-)

Automatically extract data from the receipt and link with Quickbooks

More accurate data for invoice with multiple pages

Thank you so much for the lovely feedback and support! ~ Ernest (cofounder)

Prior to trying Veryfi, I was scanning and attaching all paper receipts to Quickbooks Online after team members piled them on my desk after a week of being on the road. Now team members can quickly snap a photo of the receipt, choose the expense category and customer and within 10 seconds it has arrived in my Quickbooks Online. I was worried that Quickbooks would duplicate the entries, but it doesn't....

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The price is going to be our only negative so far. Would like the whole team to be able to use it, but not sure if it would be cost effective.

I can keep up with my receipts as well as my teams receipts. I have a team of multiple positions and this can be categorized per person and then sorted. I also love that this works with QuickBooks. How awesome it is to give a report to my CPA from my phone.

The software is the best that I have found so I will pay the amount even though I like it to be less expensive.

The OCR, AI, ability to connect outside applications (ex: Quickbooks), add bank feeds,

The tags and categories a bit confusing.

easy and quick to use, accurately pulls expenses into Quickbooks and allows for multiple companies.

I haven't found anything yet that I don't like about the software

This product integrates with QuickBooks Online and helped to get my receipt mess sorted out.

Sometimes when using the mobile app, receipts are scanned twice.

Michael, thank you for your review. I'll double check what's going on with the double scans but if they do occur again please reach out to us on support@veryfi.com ~ Rusty

instant process, can categorize, can integrate with quickbooks, easy to use, and great price compared to other similar apps

i would have loved to be able to import more complex documents, like pgs miles, or complex statements

We use VeryFi to scan foreign currency receipts because it then converts them to USD before uploading them with Quickbooks

The software does appear to be a bit "Beta" in terms of the back-end.

Hi Robert, Thank you for your feedback and lovely ratings! Can you please email me with more detail about the Con. Would love to know what you mean by Beta. We are constantly making updates and improvements so maybe this ongoing activity is sending the wrong message? Best, Ernest

Pros: Love the import into Quickbooks, the phone app, ease of use. The app is very cost affective. I am glad I found it. Helps me keep up to date tracking on my expenses and bills.

I see nothing in the app that I do not like. I would recommend this software to anyone who uses quickbooks online.

Once I realized I could also use this company for mileage as well through their Logbook app it was a done deal! The receipt scanning is pretty smart and uploads the picture to quickbooks for me. I love how I can email a receipt and have everything else taken care of. Good option especially for small businesses like myself.

There's an initial learning curve especially on the desktop part, but it just takes a few minutes to get familiar.

Thank you Kevin for the feedback :-) Let me know how we can win extra 2 stars to your Veryfi experience.

I like how Veryfi takes the hassle out of managing receipts. Whereas previously I scanned receipts in one step and entered them into Quickbooks as a separate step, I now do it all in one simple step using Veryfi.

I've only been using Veryfi for a few weeks, but so far I don't have any negatives.

Hi Jeff, Thank you for your feedback and rating! We are constantly looking at ways to streamline the process. Glad to see the Quickbooks integration is going great for you. If you have feedback on what we could do better then please don't hesitate to reach out to us on support@veryfi.com ~ Ernest (cofounder)

Their OCR tech to recognize and categorize receipts just works! The app is very easy to use and does its job perfectly. On top of that, they have a great integration with various software such as Dropbox, Quickbooks and so on.

Nothing really that would keep me from using it! Very minor bugs here and there but they keep fixing them and they're constantly improving the app. I can't complain. This is a great app all around.

Love this app. I capture my paper receipts within minutes of receiving them. That way I don't lose them or they don't fade. Once a month I edit the record and tag the receipts to upload to QB. The categories b/w Veryfi and QB are nearly 100%. Also, sending e-receipts to my Veryfi email address works as advertised. Love the feature that they recognize most vendors and attach vendor logos. A+ rating from me!

Occasional hiccup and I have to take photo of receipt twice.

I can now store all my expense documents on the cloud, which means I can view it anytime and anywhere, via mobile or desktop. Plus, I now have like a virtual accountant that can report to me my expenses at the given parameters I want it to present.

Perhaps the only concern I have with the product is that it usually cannot read documents that are handwritten. However, it allows you to input manually the details of the expenditure. For now I'm good with that.

The quickest and most efficient approach to keep track of your receipts is to scan them as soon as you receive them. Excellent OCR and alignment correction are provided by Veryfi. Taking images and uploading receipts is simple. It was convenient to be able to utilize the spending category names that I desired. If I wanted to monitor a specific customer, for example and figure out how much money I spent on that individual, I could add "tags" to my spreadsheet.

Income was inverting figures and not appropriately displaying P&L reporting back when I used it frequently Since then, I believe this bug has been fixed.

Veryfi is so easy to use for receipt collection - just snap a pic in the app or forward an email receipt and it's in Veryf and your connected apps within seconds, very impressive turnaround time. I love that it will automatically match up my business receipts with my transactions in Quickbooks, bookkeeping is a breeze. And I especially enjoy that I no longer have to hang on to stacks of paper receipts anymore!

Occasionally the software will parse the receipt information incorrectly, or part of an email receipt will get cut off when it's reformatted. Most of the time it's pretty good though. I also would like to see more user-friendly/visually appealing reports, that's the main reason I haven't switched over entirely from Mint for my personal finances.

I'm a photographer and I have to travel for my work quite a lot. Previously I was just photographing all my receipts and then manually entering them in Quickbooks. A friend of mine showed me Veryfi and I really liked the idea. I use it for 3 months now and really like how smoothly the app works and how I don't have to go through the pile of receipts at the end of the month.

I would appreciate if there would be a faster way to launch the app's camera directly. Kind of like when I press just one button to launch a phone camera, I would want to do the same to scan my receipts.

The software is highly intuitive and easy to learn. The process of uploading receipts, editing previous entries, or changing a vendor name, follows a familiar flow nearly all smartphone users will feel accustomed to. What I enjoyed the most about Veryfi are the certain features I never had on my list of requirements (or thought to be important) in an expense manager but turns out to be extremely...

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Not sure if this is Veryfi's issue, however the integration with QuickBooks online can be improved. I never get the confidence of whether a receipt has been uploaded and matched on QB, aside from the green QB logo being red. If there was a better way to bulk manage expenses and how it's uploaded into QB, and what it's QB status is (ie. matched, no match, amounts not matching, etc) that would be helpful.

Jason, thank you for your feedback! I'd love to understand what we can do more to improve QBO experience for you. Please reach out to us on support@veryfi.com so we can connect for a quick phone call and improve your QBO experience :-) Ernest

- I like how I can organize my receipts project based as we work heavily project based on accounting and finances. - I like how easy the integration between Veryfi and Quickbooks Online, which is our primary accounting software. - I like how quick it is to scan a receipt. I've tried demos of many other apps and Veryfi is by far the fastest and most accurate option when scanning receipts as the machines work for you, not people as in competitors. - I think it has a very fair pricing.

- Tax syncing is not always accurate from the receipt. Sometimes I have to manually adjust the correct tax amount.

Thank you kindly for your feedback and positive ratings. Best, Ernest (cofounder) PS. Please reach out to support@veryfi.com so we can look into the tax syncing point you made.

Best value for money of all the ones I researched; free and paid. Catches the edges of the receipt. 85% to 90% accurate for what I need. Even scans receipts for incoming funds.

Incoming funds accounts not setup yet but they are working on it. There is 10% to 15% of receipts that I might have to edit, either immediately after scanning (very easy and no big deal), and some I edit after uploading to QB Desktop. Most the income accounts, but now and then it will put one into uncategorized expenses. Still no problem as at least it uploaded rather than forgetting about it!

I used this software for a couple of years, and the only issues I had were logging income so that an accurate P&L could be created. The developers worked with me and my CPA to correct the issues we were having and I really appreciated their responses to our concerns. Overall, my CPA recommended that I switch to QuickBooks. I did, but it's been not easy to use, has poor customer service and is overpriced and too "busy/cluttered" for what I need which is simplicity because my business is simple. I wish I had kept up with Veryfi's expense tracker, because changing programs is not easy to do even in a simple business. I would recommend Veryfi for sure! I think they even resolved the issues I had in the past.

Back when I was using it regularly, the income option was reversing numbers and not accurately representing P&L reports. I think the developers corrected this since then.

I like that it automatically sorts your purchases, organizes them, and even tells you what you may be paying in taxes and more.

It was hard to use unless you have daily experience. It can be hard to navigate and sometimes things get crossed.

Very easy to use product to control my company's expenses and receipts

It is not difficult to open in any of the modes but sometimes it causes errors of opening the file

Helps keep my business expenses organized. All my receipts and millage are kept in quickbooks with out ever having to worry about loosing any receipts.

There is no con for me i use quickboos daily.

It's wonderful to hear QuickBooks has helped you track your finances and stay organized, Johnny! With our software, the days of manually taking notes of mileage and saving receipts are over; everything thing you need to manage your business is right at your fingertips. For tips and tricks on unlocking the full potential of your product, we recommend checking out our Community page: (http://community.intuit.com/). It's also a great spot for discussions with fellow users and members of our support team. Happy tracking! Jen, The QuickBooks Team

I can scan receipts or even forward email receipts, and the software reads and deciphers them and links them to my credit card expenses that come in once I have linked them. It is much easier than doing it manually.

On the Android phone, if I want to go through the past expenses, it is hard to look for something specific among them all. You can sort by a few different categories, but you can not easily filter them the way you want. Also, if the receipt is crinkled, sometimes it won't recognize the edges of it.

Merging bank/cc info. Entering information on an ipad has made it easy to work with. Also enjoy that it tries to detect where each receipt is from.

Would like the ability to separate the merging of cc by cardholder. Would also like the layout and some of the function to emulate a platform similar to apple.

It is as easy as imaginable with the categories showing up quite clearly and it is simplicity. The pricing is incredible as well

There were not that many options with categorizing elements of business use and expenses. I also had some challenges linking my Business account though I do not know if this was because of a fault in quick books system or not