Veryfi OCR API & SDK

Veryfi OCR API & SDK

Receipt OCR API for real-time data extraction

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.


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)


Images

Veryfi OCR API & SDK Software - Veryfi OCR API + Veryfi Mobile SDK
Veryfi OCR API & SDK Software - Fields Veryfi is Pre-Trained to Extract
Veryfi OCR API & SDK Software - Why Veryfi - L3 Data, Turn-key and Secure.
Veryfi OCR API & SDK Software - API Self-Serve Portal
Veryfi OCR API & SDK Software - Veryfi OCR API & SDK document inbox
Veryfi OCR API & SDK Software - Veryfi OCR API & SDK API documentation
Veryfi OCR API & SDK Software - Veryfi OCR API & SDK file upload
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Veryfi OCR API & SDK video
Veryfi OCR API & SDK Software - Veryfi OCR API + Veryfi Mobile SDK
Veryfi OCR API & SDK Software - Fields Veryfi is Pre-Trained to Extract
Veryfi OCR API & SDK Software - Why Veryfi - L3 Data, Turn-key and Secure.
Veryfi OCR API & SDK Software - API Self-Serve Portal
Veryfi OCR API & SDK Software - Veryfi OCR API & SDK document inbox
Veryfi OCR API & SDK Software - Veryfi OCR API & SDK API documentation
Veryfi OCR API & SDK Software - Veryfi OCR API & SDK file upload

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4.8 (11)
4.5 (342)

Value for Money

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Reviews

Overall rating

4.6 /5
(11)
Value for Money
5/5
Features
4.7/5
Ease of Use
4.8/5
Customer Support
5/5

Already have Veryfi OCR API & SDK?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 11
Luis
Overall rating
  • Industry: Internet
  • Company size: 2–10 Employees
  • Used Daily for 6-12 months
  • 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 s[email protected] to get those extra fields into the CSV export.

Rolf
Overall rating
  • Industry: Internet
  • Company size: 2–10 Employees
  • Used for 1-5 months
  • 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.

David
Overall rating
  • Industry: Telecommunications
  • Company size: 201–500 Employees
  • Used Daily for 1-5 months
  • 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

Datamolino

Reasons 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

Hannah
Overall rating
  • Industry: Entertainment
  • Company size: Self Employed
  • Used for 6-12 months
  • 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.

Alternatives Considered

ABBYY FineReader PDF and Google Cloud Vision API

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

Justin
Overall rating
  • Industry: Construction
  • Company size: 2–10 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Powerful software for real time bookeeping

Reviewed on 27/10/2022

Amazing!

Amazing!

Pros

Veryfi OCR API allows to connect a lot of financial data in real time to our CRM trough a simple technology. All the blocks for the different code languages are already built and allow us to keep track of pretty much all our banking data.

Cons

The only thing I didn't like is the fact that I had to convince my accountant to work on this software.

Response from Veryfi

Thanks for your review! We appreciate your feedback, and are happy to see that our software is making your bookkeeping easier. Hopefully your accountant is now a satisfied and more productive user as well!
Cheers,
The Veryfi Team

Showing 5 reviews of 11 Read all reviews

Veryfi OCR API & SDK FAQs

Below are some frequently asked questions for Veryfi OCR API & SDK.

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.

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

Veryfi OCR API & SDK supports the following languages:

English

Veryfi OCR API & SDK supports the following devices:

Android (Mobile), iPhone (Mobile), iPad (Mobile)

Veryfi OCR API & SDK integrates with the following applications:

Box, Dropbox Business, Google Drive, Quickbooks Online, Slack, Xero

Veryfi OCR API & SDK offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat

Related categories

See all software categories found for Veryfi OCR API & SDK.