Veryfi Receipts OCR & Expenses 2.9.25

Veryfi is a powerful OCR capture and data extraction app that revolutionizes the way you handle receipts, bills, and invoices. With Veryfi, you can say goodbye to tedious data entry and time-consuming bookkeeping tasks, allowing you to recover valuable hours each week.

What sets Veryfi apart is its lightning-fast extraction capabilities. In a matter of seconds, Veryfi can extract crucial information such as vendor details, payment amounts, totals, taxes, line items, and more. It even has the ability to recognize vendors from their logos alone using advanced machine learning technology.

Rest assured that Veryfi prioritizes security and compliance. It is SOC2 Type2 certified and fully compliant with CCPA, HIPAA, and GDPR. This means you can trust Veryfi to handle sensitive data with the utmost care and comply with strict privacy regulations.

One of the standout features of Veryfi is its intelligent line-by-line item extraction from receipts and invoices like hotel bills. This breakthrough technology saves you time and effort by accurately capturing itemized expenses automatically.

Veryfi goes beyond traditional OCR capabilities with its additional features. It offers fast OCR processing, allowing you to digitize your documents in just three seconds. With the Projects feature, you can easily manage and assign financial transactions to specific projects for precise recording and automated reporting. Veryfi also provides a secure vault for storing all your business tax, bookkeeping, and project documents.

The app is packed with other useful features including custom reporting options for tailored reports, integrations with popular accounting software like QuickBooks, Xero, Sage, Freshbooks, and Saasu, as well as connections to banking platforms such as American Express, Chase, Bank of America, Wells Fargo, and more. Veryfi also enables connectivity with Dropbox and Google Drive for secondary backups and ties into Slack for seamless team communication on company expenses.

For teams, Veryfi offers a Field Intelligence feature that allows you to add your team members to your Veryfi account. This promotes financial transparency across your organization, providing real-time field intelligence data and insights on time spent and vendor material purchases.

Security is a top priority for Veryfi. The app is CCPA, HIPAA, and GDPR compliant, and all data is encrypted both at rest and in transit. With Veryfi's machine-powered technology, there are no humans involved in the data processing, ensuring privacy and security for your sensitive information.

Veryfi extends its expertise beyond bookkeeping automation to cater specifically to the architecture, engineering, and construction (AEC) workforce. Their "Timesheets by Veryfi" app simplifies tracking of time and materials for T&M (time & materials) projects, reducing the need for extensive data entry.

In conclusion, Veryfi is a cutting-edge mobile app that automates bookkeeping tasks and empowers businesses of all sizes. With its advanced technology and innovative features, Veryfi enables you to save time, improve accuracy, and gain financial prosperity. By leveraging Veryfi's smart tools, you can streamline your workflow and focus on what really matters – growing your business.