Veryfi OCR API & SDK

RATING:

4.6

(11)

About Veryfi OCR API & SDK

Veryfi Turns Unstructured Data (receipts, bills, invoices, w2, w9, cards) into Structured Data instantly. No waiting. Using Veryfi APIs you can now give your product superpowers. Machines All The Way Down! Veryfi is TurnKey. Ready to use out-of-the-box. No humans in the loop. No templates. Works across all your existing and new vendors. Veryfi is on a mission is to free humanity from manual back-office labor.

Veryfi OCR API & SDK Pricing

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.

Starting price: 

$500.00 per month

Free trial: 

Available

Free version: 

Available

Veryfi OCR API + Veryfi Mobile SDK
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Veryfi OCR API & SDK Reviews

Overall Rating

4.6

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

5

Functionality

4.5

Most Helpful Reviews for Veryfi OCR API & SDK

1 - 5 of 11 Reviews

User Profile

Luis

Verified reviewer

Internet, 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 July 2021

Frictionless from start to finish.

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.

Reason for choosing Veryfi OCR API & SDK

Our prioritization in choosing an OCR partner was: Reliability > Accuracy > Price > Speed > Ease of use/setup. After testing alternative products, choosing Veryfi was a no brainer.

Vendor Response

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 support@veryfi.com to get those extra fields into the CSV export.

Replied September 2021

Rolf

Internet, 2-10 employees

Used 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 September 2020

Just works

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.

Reason for choosing Veryfi OCR API & SDK

Several other APIs were researched before deciding on Veryfi. Main reasons to go for Veryfi was the availability of an online demo where any documents could be uploaded. Not many alternative vendors offered this, but for those who did, the accuracy didn't come close to that of Veryfi for the documents I tried. Another factor was the signup process which, together with the online demo, suggested things are streamlined at Veryfi. Other vendors required a more formal process with requests for quotes or demos, while I wanted to get started right away and with the least possible effort. Having chosen for Veryfi, I'm glad I did and haven't looked back.

Reasons for switching to Veryfi OCR API & SDK

Receiptbank deprecated their API and announced a new API for years. Supposedly it's ready, but according to customer support they're not providing it to third parties. Our needs grew to the point where not having an API was no longer an option. Having used Veryfi, it turns out there was better value to be found elsewhere anyway.

Vendor Response

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.

Replied October 2020

David

Telecommunications, 201-500 employees

Used daily for less than 6 months

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

5

Reviewed July 2020

Time saver

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.

Reason for choosing 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.

Reasons for switching to 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.

Vendor Response

David, thank you for the great feedback and support! // Rusty

Replied June 2021

Hannah

Entertainment, 1 employee

Used less than 12 months

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

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2020

Easy to Implement, Fast and Accurate Processing

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.

Reason for choosing 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!!!

Vendor Response

Love it! Thank you so much for your beautiful feedback and support! We are thrilled to support you and your team. Best, Ernest

Replied November 2020

Justin

Construction, 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 October 2022

Powerful software for real time bookeeping

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.

Reasons for switching to Veryfi OCR API & SDK

Speed and accuracy of extraction

Vendor Response

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

Replied April 2023