About Veryfi OCR API & SDK
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.
Pricing starting from:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
Top 5 alternatives to Veryfi OCR API & SDK
Key benefits of Veryfi OCR API & SDK
* Fast, real-time with no humans-in-the-loop data processing
* Secure, with bank-grade security and SOC2 Type2 compliance
* Scalable, with no templates required and a turnkey API solution
* Highly accurate, leveraging AI and machine learning to surpass human solutions, constantly get better and handle even unknown documents out of the box
* Powerful in its ability to extract line-item data (commonly referred to as level III data in payments and SKUs in CPG/FMCG markets)
Typical Customers
- Freelancers
- Small Businesses (2-50)
- Mid-size Companies (51-500)
- Large enterprises (500 and more)
Deployment
- Cloud-based
- On-premise
Supported Languages
English
Pricing starting from:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
Top 5 alternatives to Veryfi OCR API & SDK
Images
Features
Total features of Veryfi OCR API & SDK: 23
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Reviews
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- Industry: Internet
- Company size: 2–10 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Frictionless from start to finish.
Reviewed on 09/07/2021
Six months and thousands of documents later, we're impressed at Veryfi's ability to accurately and...
Six months and thousands of documents later, we're impressed at Veryfi's ability to accurately and quickly process documents. It's the best end-to-end data extraction software we've experienced, and they're constantly improving. The founders [SENSITIVE CONTENT] + their team are very responsive and quick to help. We couldn't be happier with our collaboration!
Pros
Accuracy, speed, and reliability in data extraction from a receipt to JSON. Veryfi's ability to accurately interpret data on poor-quality images and damaged documents is the industry's best. Additionally, the API docs are clear and concise, making them easy to set up.
Cons
I'd like to see more column options added to the CSV exports.
Response from Veryfi
Luis, Love the feedback! Thank you so much for your support. It's a pleasure working with you and your team.
PS. Plz email me or [email protected] to get those extra fields into the CSV export.
- Industry: Internet
- Company size: 2–10 Employees
- Used for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Just works
Reviewed on 17/09/2020
Overall our experience has been great. Getting instant results simplifies development a lot, since...
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.
- Industry: Telecommunications
- Company size: 201–500 Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Time saver
Reviewed on 23/07/2020
We used it to cover our invoice OCR needs, saved us a bunch of time on that.
We used it to cover our invoice OCR needs, saved us a bunch of time on that.
Pros
Easy to integrate to our software, great support, nice features.
Cons
Rules functionality could be more robust.
Alternatives Considered
DatamolinoReasons for Choosing Veryfi OCR API & SDK
Palette was very rigid, took a lot of time to adapt to our needs and did not process mexican invoices the way we needed them to, so we decided to develop our own software. We realized it would take us a lot of time to develop decent OCR functionality, so we started looking for a third party solution.Reasons for Switching to Veryfi OCR API & SDK
Language support, invoices can be corrected via API and it learns from those corrections. The team was very willing to adapt to our needs even before we decided to go for it and have proven it since.Response from Veryfi
David, thank you for the great feedback and support! // Rusty
- Industry: Entertainment
- Company size: Self Employed
- Used for 6-12 months
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Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Easy to Implement, Fast and Accurate Processing
Reviewed on 18/08/2020
Really easy to implement, responsive team, worked with us for over a year to meet our business...
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.
Reasons for Switching to Veryfi OCR API & SDK
We were able to get the price right for our company to invest in this API. Specifically, we didn't have the bandwidth to implement our own OCR functionality within our iPhone app which we were considering trying out with CoreML functionality by Apple, or Google Cloud Vision. Weren't as thrilled with the Textract option from Amazon. For the sake of time and getting accurate results, we went with Veryfi and have been very happy with the results!! Thank you, Veryfi!!!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
- Industry: Construction
- Company size: 2–10 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Automate AP with ease
Reviewed on 21/06/2022
Pros
I was able to quickly automate my AP which consists of a bunch of construction materials that have up to 150 line items in one invoice. Veryfi Handles it with ease and accurately
Cons
expense management subscription was good - but lacked all of the muscle that the API subscription has.
Response from Veryfi
Thanks for your review, we're glad you're getting value from the Veryfi OCR API by automating your AP workflow. It's great to hear that the line item data extraction is making a difference for you, we've heard that it can really help with expense management and also with job costing. Feel free to drop us a line if you have any questions, we're happy to help.
Veryfi OCR API & SDK FAQs
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 offers the following pricing plans:
- Starting from:
- Pricing model: Free Version, Subscription
- Free Trial: Available
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.
Q. Who are the typical users of Veryfi OCR API & SDK?
Veryfi OCR API & SDK has the following typical customers:
Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does Veryfi OCR API & SDK support?
Veryfi OCR API & SDK supports the following languages:
English
Q. Does Veryfi OCR API & SDK support mobile devices?
Veryfi OCR API & SDK supports the following devices:
Android (Mobile), iPhone (Mobile), iPad (Mobile)
Q. What other apps does Veryfi OCR API & SDK integrate with?
Veryfi OCR API & SDK integrates with the following applications:
Box, Dropbox Business, Google Drive, Quickbooks Online, Slack, Xero
Q. What level of support does Veryfi OCR API & SDK offer?
Veryfi OCR API & SDK offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat
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