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Veryfi Receipts OCR & Expenses
Expense, receipt capture, and project management tool
Rating criteria
Reviews by rating
Xero
Zoho Expense
Timesheets.com
Recommended
Mohamed E.
Accounting, 1-10 employees
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i am happy with the results i get from the software
it is easy to use and give me the required info
i would like it to be less expensive it will encourage me to use it more
Thanks for your review! We appreciate your feedback, and are happy to see that our software is easy for you and your team to use. It looks like you may have tried our OCR API Platform free trial, you can continue to use that account after the first 14 days for free, for 50 documents a month. Alternatively, you can use our expense management app as an accounting practice with multiple team members, which is $15/mo/user. Cheers, The Veryfi Team
Diana C.
Health, Wellness and Fitness, self-employed
Used daily for 1-2 years
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10/10 OCR! You need to have a decent internet connection like any other web-based softare.
Scanning your receipt right away is the easiest way to do bookkeeping. Veryfi has superb OCR, and alignment correction.
nothing yet. This is not an accounting software, but it can track time, add projects. It is amazing.
Thanks for your review! We appreciate your positive feedback, and are happy to see that our software is making bookkeeping easier for you. You're right about having a decent internet connection - we have really good mobile image compression to optimize bandwidth usage, but the more you have, the better image quality and data extraction accuracy we can achieve. Cheers, The Veryfi Team
Anthony D.
Computer Software, 1-10 employees
Used daily for 1-2 years
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We are able to better budget our monthly accounts.
The OCR, AI, ability to connect outside applications (ex: Quickbooks), add bank feeds,
The tags and categories a bit confusing.
Thanks for your review! We appreciate your feedback, and are happy to see that our software is helping you manage your budget. Accurate data extraction for line item details is one of the hardest things to accomplish with AI-Driven OCR, it's great to hear that you're getting accurate results with our app. Cheers, The Veryfi Team
Brendan B.
Entertainment, self-employed
Used daily for 1-2 years
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Veryfi is one of the most effective and reliable Receipt tracking systems available. It makes bookkeeping and accounting a breeze come tax time.
Being able to take a photo of the receipt on the go and view and approve it later.
Few issues with the camera software and doesn't always take a clear picture the first time.
Brendan, thank you for your feedback and support! Regarding the camera piece, I'd love to be able to help and resolve this. Can you please email support@veryfi.com with more detail inc version of the app and device you use. Best, Ernest
Brad M.
Construction, self-employed
Used daily for 1-2 years
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Very good and would highly recommend.
This product is very easy to use. Allows me to get receipts in before they get misplaced.
In the construction industry quantities are important and wasn’t offered when I first stated using the product, but they responded to my request and added it. Only con I see is the money in feature doesn’t translate to a vendor credit in QB.
Brad, Thank you for your support and feedback. Please contact support@veryfi.com and they will show you how to send "money in" to Vendor Credit. Best, Ernest
Jay H.
Real Estate, 1-10 employees
Used daily for 2+ years
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Love it and have recommended it to many business. Easy to learn and to use across entire organization.
The mobile receipt scanning is my favorite feature. The rule based options are unlimited on how you set things up to run for your workflow. Fast and efficient across any platform.
The only issue I have ever had is when there is an update for the software. The app will crash after taking a pic of a receipt. It’s easily fixed by downloading the new version but is frustrating at times.
Jay, thank you so much for your nice feedback and support! Ernest (cofounder)
Justin C.
Building Materials, self-employed
Used daily for less than 6 months
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Well thought out software that has been designed to be as easy and efficient as possible using the technology most business owners already have at their finger tips.
This software makes financial administration so much easier and less time consuming. It is a pleasure to us and this powerful technology will make your life a lot easier and give you your time back.
There were not really any cons but it would be good to have a folder system for supplier monthly account receivable statements that can be forwarded by email directly to them if that function is not already available.
Thank you so much for the lovely feedback Justin! ~ Ernest
Jan Christopher V.
Information Technology and Services, 51-200 employees
Used other for 2+ years
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- Receipt scanning is super fast and beautifully accurate. Much faster than the competition I tried. - It is easy to scan receipts consisting of multiple pages - Recording tip and tax portions of a receipt is well done.
Nothing, this is exactly what I was looking for, beautifully done and the only one really satisfying what I wanted.
Jan, love your feedback! Thank you so much Jan. I've shared this lovely feedback with the team and they had smiles all round. All the best, Ernest (cofounder)
Jacques B.
Construction, 1-10 employees
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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.
The receipt counter and organizer. It makes life easy! It made bookkeeping actually fun! I look forward to it now. I get real-time data like a real-time video game. It's awesome!
Cannt say just yet because I still have to use it fully. I just hope setting up a time sheet for my guys is as easy as the rest of the app.
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)
Alison W.
Hospitality, 1-10 employees
Used weekly for 1-2 years
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I hate organising minor expenses but it so necessary for my accounts, vat return and tax return. Verify has made this so much easier and quicker. All organised, take a photo on my phone, check and adjust if necessary before uploading and then double check just before I run my reports. All done. you can have three accounts for one paid subscriptions so organise different businesses
Four accounts for one paid subscription would suit me more but I can manage and overall find this good value for money.
Alison, Thank you kindly for the lovely feedback! I'm curious to hear why you want a 4th account? We have an ability for you to add more accounts under your subscription for an additional $1 :-) Let me know if you'd like it. Best, Ernest (cofounder)
Robert D.
Hospitality, 11-50 employees
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Overall I'd highly recommend using VeryFi. We're enjoying it so far.
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
Jeff H.
Retail, 1-10 employees
Used daily for less than 6 months
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I'm only using it for receipts, but so far it makes keeping and tracking expenses almost fun.
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)
Sergio P.
Food & Beverages, 201-500 employees
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Ease of use and straight forward. It will help you have control of your expenses
Can’t edit categories from the app. Too expensive for individual or personal use.
Hi Sergio, thank you for your feedback. To edit categories inside the mobile app all you have to do is swipe the Inbox > Categories > Category cell to reveal the edit option. Inside the web product it's pressing the button with 3 dots stacked on-top to reveal more options around managing Categories. This video explains nicely how to manage your Inbox https://www.youtube.com/watch?v=ArwDHUPTdeI&list=PLkA-lFc8JUY5WXYFxFrHTvzFybcCR918r&index=3&t=0s Feel free to reach back if you have more questions. Best, ~ Ernest (cofounder)
Ann G.
Fine Art, self-employed
Used daily for 2+ years
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I have been using Veryfi for numerous years now. It is an incredible time saver for me as a sole proprietor, allowing me to concentrate on growing my business instead of shuffling through piles of receipts come tax time. I love that you can tag your receipts with tags YOU create, so looking up a previous purchase is super easy & convenient!
As a small business owner, I LOVE that my receipts are digitally captured, categorized, optionally tagged & saved in my cloud storage... all on the go! No more piles of receipts! Makes tax time a breeze!
Honestly, nothing. Every update just improves the app, and they seem to really listen to their users’ suggestions for improvements and additional features.
Love it love it love it! Thank you so much for the nice feedback and ongoing support.
Pika T.
Arts and Crafts, 1-10 employees
Used weekly for 6-12 months
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I knew that BEFORE I started financially getting engulfed in the mundane day-to-day expenses businesses experience, I needed something to track my expenses quickly and be as agile as I am running my three companies. 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. In the amount of time/money that this solution has and will save me, I am SO FORTUNATE I found Veryfi.com, and I think you will be too!
By far the best feature of this solution is the ability to track expenses and organize them for ease of use later. I have never felt so organized then when I started using this product! As a business owner of three different companies, Veryfi not only allows me to utilize this solution for one, but ALL of my businesses in one easy to navigate experience via my web browser either at the office or on the go! 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!
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! The best advice I can give is that the information is overwhelming at first, so if you cannot take the one-on-one FREE on-boarding consultation meeting they give you, PLEASE find someone in your team that you trust to take it. YOU WON'T BE SORRY (and its only about 30 minute of time)!!!
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)
Verified reviewer
Outsourcing/Offshoring, 51-200 employees
Used weekly for 2+ years
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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.
Wayne G.
Construction, 1-10 employees
Used daily for less than 6 months
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Software is excellent, I cannot understate how much real time processing and accuracy is of a huge benefit to small business. This is a great product, AMAZING back end and I am sure it will get only better with time!!!!
First and foremost, the real time (almost) processing of data. Unlike other services (and I have used/tried most every one), the machine learning excels at a VERY quick turn around. Second, the accuracy of the product is OUTSTANDING! Third, Integration to other platforms, though VERY, VERY GOOD shows errors at times. Likely I caused these errors, but could be a little better. Lastly, the customer service has been great
As a newcomer to the market, I believe it needs a little more options, especially with reports. I realize that each of us users have different needs, thus it would be nice to have some better filters, etc when sifting through the data. I am coming from a competing product, and though I asked for an import, it is still a work in progress. CAVEAT here, I am importing data going back to 2014 as I want all my data stored in one place - at this is the BEST place for it!
Roger W.
Management Consulting, self-employed
Used weekly for 2+ years
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Saves me loads of time, I don't lose receipts and they're not flying all over my car, littering my desk and getting washed in my pants. I have an accurate record of what I spent and when I spent it. Easily integrates with Quickbooks.
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.
Charlie N.
Used daily for less than 6 months
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The best thing is the on-boarding one on one demo available, and the responsiveness of the support folk. I was tearing my hair out entering all my receipts each Quarter the manual way. Veryfi allowed me to get through what was several nights worth of work, in just under an hour. It is all cloud, but does save a copy of all receipts back to your DropBox. Lots of interaction between Xero, Dropbox, and...
There were few UI glitches and weird workflow choices, but the team have been very responsive and fixed up most of them within a few days of me bringing them to their attention.
Tena L.
Used daily for less than 6 months
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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. We have it set up to back up to drop box also as a backup for all receipts.
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. I can still download from the cc bank and match those to the veryfi entries.
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.
Jermaine B.
Used daily for less than 6 months
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It takes care of my business expenses and does what I need. I have no receipt paper and allows my life and business to be in balance.
Easy to use and does what I need it to do. If I have to choose a software, it would perform these functions.
That email and correspondence. The way the company treats its long time paying customers supporting its growth who was liking the product, when asked to give recommendation, gave time to see if they would treat someone who supports them and pay their premium to use their product every month in such a way. Given time, they showed what I wanted to see them not do.
Laura G.
Used daily for 1-2 years
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As accountant I save time and money because with Veryfi do some task on my work are just taking seconds, Also generate automatically reports are very useful for me to compare my expenses and take decisions on my business.
Easy to use, amazing support 24 hours, and the most important thing I save a lot of money using this product, good job Veryfi team!
Nothing everything is perfect, new features each week and that's fantastic! waiting for android version of logbook app
Dima N.
Used weekly for 2+ years
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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.
Bill W.
Used daily for less than 6 months
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Allows us to electronically collect, categorize and store receipts in ways that are easily reportable and verifiable. Has gone a long way to improve our data on job costs.
The owners have been great to respond personally to issues and provide support. Just testing but it seems like the perfect solutions for a small distributed business like us to collect and categorize expenses. Intuitive easy to use interface.
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. It's a new app and they continue to develop but have been very impressed by there responsiveness and desire to improve.
Thank you for the lovely feedback Bill. It's a pleasure to be of service to you and your firm. Best, Ernest (founder)
Jake D.
Accounting, 1-10 employees
Used weekly for less than 6 months
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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....
Accuracy in reading receipts.
Integration steps (which may not really be unique to this software).
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)