Veryfi Receipts OCR & Expenses

RATING:

4.8

(160)

About Veryfi Receipts OCR & Expenses

Veryfi is an expense report solution designed to help businesses streamline processes related to receipt collection, bank reconciliation, job costing, document management and more. It provides mobile applications for Android and iOS devices, enabling professionals to capture receipts and extract relevant data using optical character recognition (OCR), artificial intelligence (AI) and machine learning (ML) technologies. Veryfi allows property investors to track the expenses and income of customers or projects and store documents in a centralized repository. Managers can schedule employees and handle clients' reconciliation, bank feed and other details on a unified platform. Additionally, accountants can secure personally identifiable information (PII) in compliance ...

Awards and Recognition

FrontRunner 2023
Software Advice's FrontRunners report ranks top products based on user reviews, which helps businesses find the right software.

Veryfi Receipts OCR & Expenses Pricing

- Unlimited document scans - Unlimited reporting & insights - Vehicle logbook tracking - Sync to cloud accounting (eg. QBO, IIF) - Backups to cloud storage - Bank feeds & reconciliation - Bills fetch via veryfi.cc - Pain-free Data Migration - 30 day money back guarantee! and much more: https://www.veryfi.com/full-features/

Starting price: 

$500.00 per month

Free trial: 

Available

Free version: 

Available

Veryfi expenses
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Veryfi Receipts OCR & Expenses Reviews

Overall Rating

4.8

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

4.5

Functionality

5

Most Helpful Reviews for Veryfi Receipts OCR & Expenses

1 - 5 of 160 Reviews

User Profile

Matthew

Verified reviewer

Veterinary, 2-10 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2018

Excellent Support

I can't say enough how responsive, friendly, and efficient their customer/technical support has been.

PROS

Not only is the app fantastic, easy to organize and easy to use, but technical support and customer service is A+++! Any issues at all are handled promptly and professionally. It's premium features are also really reasonably priced!

CONS

The OCR and AI could use some work. I constantly am having to update the vendor due to missing or wrong information. I also had a bit of an issue importing documents from my previous solution. They all came in, but the information was lost unfortunately. It could have been done if Neat would allowed multiple CSV exports of my PDF Files, so it's not really Veryfi's fault. Neat secures you as a customer as if your documents are a prisoner. Veryfi helped free me from them!

Vendor Response

Matthew, thank you for your detailed review of Veryfi inc. your experience coming onboard from another provider. Love the feedback and ratings you left us. Thank you so much for the ongoing support :-) PS. Check out our referral program https://hub.veryfi.com/referrals/ Best, Ernest (cofounder)

Replied October 2018

User Profile

Maddie

Verified reviewer

Information Technology and Services, 10,000+ employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed May 2022

Automated and simple-to-use, compatible with practically everything

After using it for a couple of years, the only difficulty I had was accurately recording revenue to construct a P&L. My CPA and I had a number of difficulties with the software, and the developers worked with us to fix them. In general, I was encouraged to make the transfer to QuickBooks by my CPA.

PROS

The quickest and most efficient approach to keep track of your receipts is to scan them as soon as you receive them. Excellent OCR and alignment correction are provided by Veryfi. Taking images and uploading receipts is simple. It was convenient to be able to utilize the spending category names that I desired. If I wanted to monitor a specific customer, for example and figure out how much money I spent on that individual, I could add "tags" to my spreadsheet.

CONS

Income was inverting figures and not appropriately displaying P&L reporting back when I used it frequently Since then, I believe this bug has been fixed.

Reasons for switching to Veryfi Receipts OCR & Expenses

I appreciate how simple it is to capture a receipt, how quickly it can be processed, and how accurate it is.

Vendor Response

Thanks for your review! We really appreciate your detailed feedback, and hearing that we were able to work with you to resolve issues with income and P&L reporting. It sounds like perhaps you moved on to QuickBooks, which is a fantastic tool as well. We're here for you if you need to return to using Veryfi! Cheers, The Veryfi Team

Replied April 2023

Rachel

Hospital & Health Care, 1 employee

Used weekly for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

2

FUNCTIONALITY

4

Reviewed November 2022

Practical but expensive

PROS

Easy to take pictures of receipts, the software reads well the data on it. Organisation is good.

CONS

The cost is high for a small business like mine. I am using it for receipt that can be tax deductible as I am self employed. I wish there was a smaller fee for lower usage.

Vendor Response

Thanks for your review! We appreciate your feedback, and will take it under consideration. Cheers, The Veryfi Team

Replied April 2023

Robert

Industrial Automation, 1 employee

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2021

Indispensable

PROS

Point of Sale disposition of bookkeeping chores. Finished before I hit the door.

CONS

I can't resist getting into conversations with random people when they see me use it.

Reasons for switching to Veryfi Receipts OCR & Expenses

Quicken a d QuickBooks meant piles of receipts waiting for me. Now it's done before I get to the car.

Vendor Response

Robert, Love your feedback! Thank you so much for your support. PS. Don't forget to use your code in the referral program (https://hub.veryfi.com/referrals/) so we can credit your account for every user you share Veryfi with Best, Ernest

Replied September 2021

Jamie

Internet, 2-10 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2020

Smarter, not harder

[SENSITIVE CONTENT HIDDEN], answered questions/concerns, provided 1:1 training, amazing customer support, and treated our 2 employees business like we are just as important as their big construction company clients.

PROS

Veryfi’s Intelligent OCR (Optical character recognition) made scanning over 2,000 handwritten/printed receipts simple, convenient, and accurate data extraction effortlessly.

CONS

When using the column filters or a specific date range the filter is not saved.

Reason for choosing Veryfi Receipts OCR & Expenses

Customer Support Simplicity of uploading receipts Accurate data extraction - including handwritten receipts Price/Cost

Vendor Response

Jamie, Thank you so much for the lovely feedback! I have shared it with the team and there were smiles all round. We are grateful for the lovely private note you left. Thank you again for the support! Best, Ernest (cofounder)

Replied February 2020