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veryfi.com

Freemium

Turn documents into data — securely, in seconds

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Model APIsFreemium
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Type
Saas
Company
Veryfi

About veryfi.com

Veryfi offers OCR APIs for data extraction, mobile SDKs for document capture, and toolkits to liberate trapped data in unstructured documents like invoices, bills, purchase orders, checks, and receipts in real-time. It provides solutions for accounts payable, bill pay, CPG loyalty programs, and expense management across industries like banking, construction, fintech, healthcare, and real estate. Veryfi transforms documents into actionable data using AI-powered capture with OCR + ML API extraction, delivering enterprise-grade privacy and accuracy.

How to Use

Users can integrate Veryfi's APIs into their existing systems or use Veryfi's Lens for mobile document capture. The platform supports various document types, and developers can use SDKs in multiple programming languages to jumpstart integration.

Key Features

  • OCR API for data extraction
  • Mobile SDK for document capture
  • AI-powered capture with OCR + ML API extraction
  • Real-time data liberation from unstructured documents
  • Fraud detection
  • Business rules engine

Use Cases

  • Automating accounts payable processes
  • Streamlining bill pay
  • Enhancing CPG loyalty programs
  • Simplifying expense management
  • Automating construction workflows
  • Processing healthcare documents
  • Managing real estate documentation

Key Features

OCR API for data extraction
Mobile SDK for document capture
AI-powered capture with OCR + ML API extraction
Real-time data liberation from unstructured documents
Fraud detection
Business rules engine

Pros & Cons

Pros
  • Near-perfect OCR accuracy (99%+) across 100+ document types
  • Blazing-fast API responses and real-time data extraction
  • Easy integration with RESTful APIs and SDKs in 14 programming languages
  • Comprehensive fraud detection suite including GenAI detector and duplicate detection
  • Generous free tier (up to 100 docs/month) with no credit card required
  • SOC 2 Type II certified with enterprise-grade security and compliance
  • White-label options for embedding AI capture into custom products
  • Active community and developer resources including GitHub samples and Postman collections
Cons
  • Pricing can become expensive for high-volume document processing ($0.08–$0.25 per document on Starter plan)
  • Free tier limited to 100 documents per month with restricted storage and features
  • Advanced features (fraud detection, product matching, workflows) require add-on purchases
  • Setup may require technical integration effort for non-developers

Best For

Automating accounts payable processesStreamlining bill payEnhancing CPG loyalty programsSimplifying expense managementAutomating construction workflowsProcessing healthcare documentsManaging real estate documentation

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FAQ

What document types does Veryfi support?
Veryfi supports over 100 document types including invoices, receipts, bank checks, bank statements, W-2s, W-9s, credit cards, driver's licenses, purchase orders, bills of lading, hotel folios, and more.
Is there a free tier available?
Yes, Veryfi offers a free tier that processes up to 100 documents per month with no credit card required, including access to all document types and SDKs, but with limited storage and email support.
How accurate is the data extraction?
Veryfi claims 99%+ accuracy for data extraction from documents, using AI models trained in-house on NVIDIA hardware.
Does Veryfi offer fraud detection?
Yes, Veryfi provides a fraud detection suite as an add-on, including a GenAI detector for AI-generated fakes, duplicate document detection, and document classification.
Can I integrate Veryfi via WhatsApp?
Yes, Veryfi offers a WhatsApp bot that allows users to capture documents through WhatsApp for real-time OCR extraction.
What security certifications does Veryfi have?
Veryfi is SOC 2 Type II certified and processes data securely using AWS infrastructure with encryption at rest and in transit.