Veryfi Receipts OCR & Expenses Features

Veryfi Receipts OCR & Expenses

Expense, receipt capture, and project management tool

4.88/5 (137 reviews)

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Receipt Management
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API
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Approval Process Control
Audit Management
Audit Trail
Bank Reconciliation
Budgeting/Forecasting
Cash Management
Categorization/Grouping
Collections Management
Currency Conversion
Data Extraction
Document Storage
Duplicate Detection
Employee Self Service
Expense Claims
Expense Tracking
File Management
Fixed Asset Management
GPS
General Ledger
Geolocation
HIPAA Compliant
Location Tracking
Mobile Access
Mobile App
Mobile Receipt Upload
Multi-Currency
PCI Compliance
Project Accounting
Project Tracking
Projections
Real Time Data
Real Time Notifications
Real-time Updates
Receipt Management
Reimbursement Management
Reminders
Revenue Recognition
SMS Messaging
Sales Tax Management
Spend Control
Spend Management
Summary Reports
Tax Management
Third Party Integrations
Time & Expense Tracking
Time Tracking by Client
Time Tracking by Project
Transaction Monitoring
Workflow Management
Visit WebsiteCompare App
API
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Approval Process Control
Audit Management
Audit Trail
Bank Reconciliation
Budgeting/Forecasting
Cash Management
Categorization/Grouping
Collections Management
Currency Conversion
Data Extraction
Document Storage
Duplicate Detection
Employee Self Service
Expense Claims
Expense Tracking
File Management
Fixed Asset Management
GPS
General Ledger
Geolocation
HIPAA Compliant
Location Tracking
Mobile Access
Mobile App
Mobile Receipt Upload
Multi-Currency
PCI Compliance
Project Accounting
Project Tracking
Projections
Real Time Data
Real Time Notifications
Real-time Updates
Receipt Management
Reimbursement Management
Reminders
Revenue Recognition
SMS Messaging
Sales Tax Management
Spend Control
Spend Management
Summary Reports
Tax Management
Third Party Integrations
Time & Expense Tracking
Time Tracking by Client
Time Tracking by Project
Transaction Monitoring
Workflow Management
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Mobile apps

iOS App


2,192 reviews

Requires iOS 12.0 or later. Compatible with iPhone, iPad, and iPod touch.

Android App


749 reviews

Veryfi Receipts OCR & Expenses Feature Reviews

25 reviewers had the following to say about Veryfi Receipts OCR & Expenses's features:

Bill W.

Just in testing phase now but it appears to be just what we need to better manage our expenses

2017-11-09

Allows us to electronically collect, categorize and store receipts in ways that are easily reportable and verifiable.

Pros

Intuitive easy to use interface.

Cons

Some functionality could be improved and would like to see some controls in place that aren't currently there but in discussion with management team have plans to implement much of my wish list in the near future.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from iqBoxy


Thank you for the lovely feedback Bill. It's a pleasure to be of service to you and your firm. Best, Ernest (founder)

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Anonymous
(Information Technology and Services company, myself only employees)

Quick, Easy, AI powered.

2018-09-13

It solves the problem for me to manage the expense data and documents needed for the tax information and deductions.

Pros

I tested a lot of apps and Veryfi is the best in document recognition for receipts. and I almost forgot the great feature that I already use in other apps for travelling that is to directly send the receipts to my @veryfi account. Thank you Veryfi team.

Cons

I really need to export all documents to sent to my tax consultant and it will be very easy if we have this option to select when we create the expense reports, like on option (x) include document images as a zip file.

Rating breakdown

Ease of use
Features

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


Thank you for your detailed review and support! Helps us improve the product to meet our customer needs.

Regarding the export data as zip/reports/csv.. we have all that. It's outlined here https://www.veryfi.com/howto/expense-reporting/ but please feel free to email us support@veryfi.com if you need help finding something etc...

Thank you again for the feedback!
Best,
Ernest (cofounder)

Read more
Wayne G.

Simply the best product out there for tracking receipts and expenses

2018-08-06

Software is excellent, I cannot understate how much real time processing and accuracy is of a huge benefit to small business.

Pros

First and foremost, the real time (almost) processing of data.

Cons

I am coming from a competing product, and though I asked for an import, it is still a work in progress.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Ciaran H.

Excellent Resource for storing Invoices and receipts

2020-09-16

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

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No

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 :-)

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Joseph M.

Has made my accounting life 100% easier

2021-08-18

Best OCR easiest entry customizable reports secure interaction (machine only) can run it all from my cellphone has made my accounting so much easier no more dread.

Pros

I use to dread the hours spent with a huge pile of receipts trying to enter them into software and then fixing all the mistakes that the OCR made this software helps me to do all my accounting from my cellphone as I go and at the end of the month I just generate a report so simple and easy and far more accurate than anything I have ever used plus the security I didn’t want my accounting and receipts left unsecured and they have the best security.

Cons

Some of the merchant names make multiple names for the same merchant you can fix it by hand but is time consuming.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


Joseph, I love this detailed feedback! Thank you so much for your support.

Best, Ernest (cofounder)

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Chevelle L.

Veryfi Review

2020-03-23

Significant reduction in manual work; improved capability to understand product profitability

Pros

The ability to capture and allocate line item expense categories

Cons

Reporting: The ability to generate reporting for a specific category

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


Lee, thank you for your lovely feedback and support.

Regarding category reporting, you can do this on the hub here https://hub.veryfi.com/reports/
Please also check out the FAQ here for additional reporting info: https://faq.veryfi.com/en/collections/682561-reporting

Best,
Ernest (cofounder)

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Jake D.

Solid Optical Reading

2016-11-11

I also like the expense reports and reminders to get your receipts entered.

Pros

Accuracy in reading receipts.

Cons

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

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No

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)

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matt b.

Absolutely love this product - makes expense keeping unbelievably easy!

2018-03-22

Incredibly easy expense keeping.

Pros

Gets the information on the receipt right nearly every time. Very accurate and clean process.

Cons

I'm looking forward to the day they allow for more detailed business reporting but until then its still incredibly functional.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Neo Arthur L.

Best Expense Capture App

2019-04-17

We recently in-sourced the accounting and HR/Payroll function which was previously outsourced.

Pros

I am also impressed with the accuracy of the captured data.

Cons

I struggled, and I am still struggling to connect this app with my Sage Cloud Accounting Solution.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


Neo, Thank you for the feedback and lovely review of Veryfi. I've shared it with the team and they love it and would love to help out with the Sage integration. Please reach out on support@veryfi.com and ATT it to Rusty/myself (Ernest). Best, Ernest (Veryfi cofounder)

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Levon B.

the app I can't live without

2018-05-12

Saves time, minimizes risk etc.

Pros

I use Verify for 1.5 years and I think this is the best business app that really minimizes my efforts, saves my time, and make expense reporting hassle-free.

Cons

Auto-reconciliation for all POS out there would be a game changer (like Square) for me and I guess all other users out there.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Jacques B.

iqBoxy Receipts Review

2020-03-17

Speaking as a former Computer Animator for 26 years. We used to have managed many gigs of individual files. I was pleasantly surprised to find the naming convention similar to how I was already tagging photographed and edit images! I also love the back up to the cloud. Everything I need it to do is on the app.

Pros

I get real-time data like a real-time video game.

Cons

I just hope setting up a time sheet for my guys is as easy as the rest of the app.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


Jacques, thank you for your feedback and your experience so far with Veryfi. Love it!

PS. Please send any feedback where we can improve to support@veryfi.com so we can make sure it ends up in future builds.

Best,
Ernest (cofounder)

Read more
Gerry K.

Nice and purposeful. Works like a charm

2018-02-14

Digital record of my receipts with easy search and report functions.

Pros

I have all my receipts always with me. I can look up receipts from last year in seconds. That is important too me.

Cons

During the time that i have been using Verify aside for some minor bugs which have been corrected, I cant say I have any cons.. its constant evolution has ensured it continues to suprise me.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi, Inc.


Awesome! Great feedback! Thank you for the support Gerry.

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Tena L.

I set up one of my larger clients in March on Veryfi. We have been extremely pleased.

2018-04-24

This software allows the owner or any admin to access any receipt at any time to verify items purchased and it covers your bases in the event of an audit, where I guarantee you will need those receipts.

Pros

I love that all receipts flow perfectly to QBO and that I was able to set catch accounts for when employees leave out the payment method or the expense account.

Cons

I look forward to them adding the new QBO job costing "projects". This I believe will complete enhance the program greatly and so increase it's usefulness.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
VINOTH KUMAR S.

best expense tracking app i have ever used

2018-06-26

track of expenses and where I spent.

Pros

Dashboard, weekly / Daily peak, various currency setup, categorization, and above all receipt conversion from image

Cons

Shopwise expense in the said charts would be additional feature

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Insurance company, 201-500 employees)

When I first began using the app, I was shocked by the ease of its user interface.

2018-07-20

I can track daily expenses on the go, easily.

Pros

I really like how simple it is to navigate from one area of the application to another. The dashboard is very intuitive and easy to consume.

Cons

When I have a question, theres a ton of value in getting real time responses vs having to wait (although for a short period of time).

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
John P.

Great way to make things easier in life for you.

2018-02-13

Pros

Its secured , Automates your accounting, is in real - time , users OCR and machines only and mostly no need to rely on humans to process receipts.

Cons

Just like all apps , its a little buggy but i notice at Veryfi they have a great support team where they can almost troubleshoot with you on the spot , other then that i cant fault this app too much at this time and oh one more thing If only it was out earlier to help make our life easier.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No

Response from Veryfi, Inc.


Thank you for the feedback & support John! ~ Ernest (founder)

Read more
Winnie N.

Great software for receipt storage

2020-04-06

Pros

Automatically extract data from the receipt and link with Quickbooks

Cons

More accurate data for invoice with multiple pages

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


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

Read more
Michael B.

Super easy and....

2019-07-06

So far so excellent. One minor tweak as mentioned above is my only ask.

Pros

Great app, very quick in getting all the data scanned and loaded.

Cons

Adding jobs/customers is a bit of a tad as oppose to having the option to select while uploading.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


Michael, thank you for your lovely feedback and ratings.

Veryfi mobile app now has the ability to add jobs/customers during scan/upload (Veryfi Lens). Just enable it inside the settings of Veryfi Lens.

Instructions how to access Veryfi Lens settings => https://faq.veryfi.com/en/articles/3082242-veryfi-lens-explained

Best,
Ernest (cofounder)

Read more
SANJAY G.

Best app

2020-03-08

Money management became smtg easy

Pros

Easy to use, seamless upload of receipts.

Cons

None so far as I’ve been using it for the sole purpose of tracking receipts

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


Nice! Thank you Sanjay for your feedback.
Please send any feedback or suggestions on how we can improve to support@veryfi.com :-)
Best,
Ernest (cofounder)

Read more
Anonymous
A verified reviewer

Its very user friendly

2018-05-11

Pros

very good summary statements and email account feature!

Cons

having issues recognizing statements of deposits vs invoice. needs more AI probably.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Daniel R.

The app I use every day. Highly recommend!

2021-08-17

I simply scan them with Veryfi, and in seconds, i have a digital copy with all the important info already populated into categories (payment type, expense category, merchant, date, etc).

Pros

It uses the latests security protocols (Yodlee handles all the bank/credit card integrations, they use 2FA to log in) and has saved me a ton of time managing my expenses.

Cons

I hope they can design a shortcut within the bank feed to accomplish this, to cut down on steps.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


Daniel, Thank you for your nice feedback and support.

I'd love to help you out with the Amazon receipts. Please email support@veryfi.com and let's explore what we can improve on our end to make this work.

Best,
Ernest (cofounder)

Read more
Anonymous
(Computer Software company, 11-50 employees)

Veryfi Review

2019-01-03

I just wish the AI read the receipts/invoices more consistently.

Pros

This app is great in integrating other software so that it can accomplish the goal in a much smoother process.

Cons

I wish it would push data to Rippling to fill in reimbursements for employees.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


Thank you for your review and feedback.

Regarding Rippling, please reach out to support@veryfi.com and ATT to Ernest and we will help make this work for you. There's also this article https://www.veryfi.com/connected-apps/rippling-payroll-newhires-checklist/ which sheds more light on our Rippling integration.

Best,
Ernest (cofounder)

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Pika T.

Incredibly Flexible Solution for the face of Small Business in 2018

2018-10-05

This solution not only provided the ONLY reliable solution to this problem, but because of its account reconciliation capabilities with not just liquid asset accounts, but credit, etc, it became the absolute winner in my eyes compared to some of its competing products in the small business market.

Pros

With the mobile applications available to not only Apple iOS but also Android, I am SO glad that I decided to use Veryfi for my expense tracking needs!

Cons

If it weren't for my AMAZING tech-guru guy I think this solution at first is a little complicated, but it literally only took one *focused* afternoon to learn the ins and out, and I now have the hang of how to enter data in and hardly ever need to ask for assistance!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


Thank you Pika for your lovely review and suggestion for the free onboarding consultation.

We are working on improving the onboarding experience. Yesterday we launched our 1st onboarding video https://www.youtube.com/watch?v=E_T-rRK0dzE and more videos are coming to our youtube channel.

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

Best,
Ernest (cofounder)

Read more
Macy K.

Review

2019-02-19

Pros

The picture capturing ability The categories

Cons

The reports were hard to read No other cons

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Alexandre M.

Great

2018-11-27

Pros

Easy way to save expenses, specially scanning them and creating reports

Cons

I liked everything about it, it's à great app.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from Veryfi


Thank you! Thank you! Thank you! :-) Love the feedback and positive ratings. You will love the Trusted Advisor Circle launching in 2019.
Best, Ernest (cofounder)

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