Veryfi

What is Veryfi?

Veryfi is a cutting-edge AI-driven OCR and data extraction platform designed to convert receipts, invoices, bills, and other documents into actionable, structured data in real time. It provides developers and businesses with powerful APIs and SDKs to integrate automated document capture, line-item extraction, and product intelligence into their applications. Veryfi supports a broad range of industries including fintech, healthcare, construction, retail, and CPG, offering compliance with GDPR, HIPAA, and CCPA standards. Its platform accelerates bookkeeping, expense management, and financial workflows by eliminating manual data entry and enabling seamless integration with popular accounting software.

Key Features

• Real-Time AI-Powered OCR

  Instant extraction of data from receipts, invoices, checks, and other documents with no templates required, delivering results in seconds.

• Line-Item and SKU Extraction

  Detailed extraction of line-items and product-level data, enabling granular expense tracking and inventory insights.

• Comprehensive API and SDK Access

  Developer-friendly tools and SDKs for seamless integration into mobile and web apps, supporting multiple programming languages.

• Enterprise-Grade Security and Compliance

  SOC 2 Type II certified platform compliant with GDPR, HIPAA, CCPA, and ITAR, ensuring data privacy and protection.

• Multi-Industry Support

  Tailored solutions for fintech, healthcare, construction, retail, and consumer packaged goods sectors to automate document workflows.

• Product Intelligence and Matching

  AI-enhanced enrichment of extracted data with product details, UPC/EAN matching, and cross-basket insights for better business decisions.

Use Cases

• Expense Management : Automate receipt and invoice processing for faster, more accurate expense reporting and policy enforcement.
• Accounts Payable Automation : Streamline AP workflows by eliminating manual data entry and accelerating invoice approvals and payments.
• Consumer Packaged Goods Analytics : Leverage product-level data and purchase behavior insights to optimize marketing, inventory, and loyalty programs.
• Healthcare Document Processing : HIPAA-compliant extraction and automation of insurance cards, claims, and superbills to improve operational efficiency.
• Banking and Financial Services : Enhance banking apps with hands-free data entry, transaction reconciliation, and fraud detection.

FAQs