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.

Pricing starting from:

N/A

  • 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)

Devices

Business size

S M L

Markets

Argentina, Australia, Brazil, Canada, Chile, Colombia, United Kingdom, Peru, United States

Supported Languages

English

Pricing starting from:

N/A

  • Free Version
  • Free Trial
  • Subscription

Top 5 alternatives to Veryfi OCR API & SDK

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

Features

Total features of Veryfi OCR API & SDK: 23

  • API
  • Access Controls/Permissions
  • Audit Trail
  • Batch Processing
  • Convert to PDF
  • Data Aggregation and Publishing
  • Data Capture and Transfer
  • Data Import/Export
  • Data Storage Management
  • Data Verification
  • Distributed Capture
  • Document Extraction
  • Document Imaging
  • Image Extraction
  • Image Pre-processing
  • Indexing
  • Metadata Extraction
  • Multi-Language
  • Multiple Output Formats
  • Remote Data Capture
  • Reporting/Analytics
  • Version Control
  • Web Data Extraction

Alternatives

Datamolino

4.9
#1 Alternative to Veryfi OCR API & SDK
Datamolino extracts data from receipts, bills and invoices for export into accounting software without the need for...

Cloud Vision

4.7
#2 Alternative to Veryfi OCR API & SDK
Vision AI is a cloud-based visual search solution designed to help businesses manage processes related to image...

ABBYY FineReader PDF

4.8
#3 Alternative to Veryfi OCR API & SDK
FineReader PDF empowers professionals to maximize efficiency in the digital workplace. Featuring ABBYY’s latest...

Hyarchis Search-It

0
#4 Alternative to Veryfi OCR API & SDK
Search-It is a tool that uses OCR to extract text from various sources and converts the text into a format that is...

Reviews

Overall rating

4.7 /5
(6)
Value for Money
5/5
Features
5/5
Ease of Use
5/5
Customer Support
5/5

Already have Veryfi OCR API & SDK?

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Showing 5 reviews of 6
Luis B.
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 9/7/2021

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.

Rolf W.
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 17/9/2020

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 G.
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 23/7/2020

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.

Switched From

Palette AP Automation

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 W.
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 18/8/2020

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

Cloud Vision and ABBYY FineReader PDF

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

Ryann G.
Overall rating
  • Industry: Computer Software
  • Company size: Self Employed
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Great product

Reviewed on 29/6/2021

We are currently using Veryfi to extract invoice data from .pdf files used in the construction...

We are currently using Veryfi to extract invoice data from .pdf files used in the construction industry. To help speed up data aggregation for small businesses, ultimately to help them streamline their business & speed up existing processes.

Pros

The most beneficial for our business is the data extraction of .pdf files, which other products simply couldn't match. The team is willing to help and improve the product for us even on an individual level.

Cons

Initially the pricing tiers, but we were able to contact and organize specialized pricing for our startup to help get us in the door and developing our software.

Response from Veryfi

Ryann, Thank you!! Love the detailed feedback. Thank you for your support.

Best,
Ernest

Showing 5 reviews of 6 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+

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

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