Veryfi

AI OCR APIs & Document Capture Platform

Freemium

Description

Veryfi provides AI-driven Optical Character Recognition (OCR) APIs and a comprehensive document capture platform. This system is designed for businesses seeking automated data extraction from a wide range of documents, including receipts, invoices, purchase orders, W-2s, W-9s, bank statements, and various other types. It supports numerous industries such as FinTech, Healthcare, Real Estate, and Construction by streamlining processes like accounts payable, expense management, and bill payment.

The platform emphasizes accuracy, speed, and security, boasting SOC 2 Type II certification and compliance with GDPR, HIPAA, and CCPA. It utilizes deterministic AI models, which are trained in-house for reliable financial data processing, differentiating itself from less predictable LLMs. Veryfi aims to provide a robust solution for automated document processing and data extraction needs across diverse business requirements.

Key Features

Data Extraction OCR APIs: Extracts data from Receipts, Invoices, Bank Checks, Bank Statements, BOL, Business Cards, Hotel Folios, POs, W-2s, W-8BEN-Es, W-9s, and more.
Lens Document Capture: Mobile (iOS, Android) and web browser-based document capture framework.
Fraud Detection: AI-powered detection of fake or manipulated documents.
WhatsApp Chatbot: Capture documents and engage customers via a branded WhatsApp Bot.
Multi-Language & Currency Support: Supports 38 languages and 91 currencies.
Line-Item Details Extraction: Extracts detailed line items (Level 3 Data) from receipts and invoices.
Security & Compliance: SOC 2 Type II certified, HIPAA, GDPR, CCPA compliant.
API SDKs: Available for popular programming languages.
Deterministic AI Models: In-house trained models for reliable financial data extraction.
Document Categorization & Duplicate Detection: Automatic organization and identification of duplicate documents.

Use Cases

Accounts Payable Automation
Bill Payment Processing
CPG Loyalty Program Management
Expense Management Automation
Construction Document Processing
FinTech Document Processing
Healthcare Document Processing
Real Estate Document Processing

Frequently Asked Questions

How does Veryfi pricing work?

Usage is billed monthly, based on the number of API Transactions made to the Veryfi OCR API Platform.

How are API Transactions defined?

An API Transaction is a request to extract data from a single document that spans no more than 15 pages. Documents over 15 pages require a custom account configuration.

Does Veryfi comply with data privacy regulations?

Yes, Veryfi complies with CCPA, HIPAA in the US; GDPR in the EU; and PIPEDA in Canada.

Which languages does Veryfi support?

Veryfi supports 38 languages and counting across 110+ data fields and 91+ currencies, including: Afrikaans, Arabic, Chinese, Croatian, Czech, Danish, Dutch, English, Estonian, Filipino, Finnish, French, German, Greek, Hebrew, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovenian, Spanish, Swedish, Tamil, Thai, Turkish, Ukrainian, Vietnamese.

Is Veryfi SOC 2 Type 2 Certified?

Yes. Veryfi is also compliant with HIPAA, GDPR and CCPA. You can contact cso@veryfi.com for a copy of Veryfi’s SOC 2 Type 2 certification.