Veryfi is a cutting-edge app that offers the fastest and safest OCR capture and data extraction for receipts, bills, and invoices. By utilizing Veryfi, users can bid farewell to manual data entry and bookkeeping tasks, saving valuable time each week. The app is now SOC2 Type2 Certified, underscoring its dedication to protecting customer data and ensuring security.
Veryfi's advanced capabilities include extracting crucial information such as vendor details, payment specifics, totals, taxes, and even line items within seconds. The app is not only SOC2 Type2 certified but also compliant with various regulations like CCPA, HIPAA, GDPR, and ITAR. Veryfi employs machine learning to recognize vendors from logos and offers features like currency detection, categorizing receipts based on accounting codes, and precise OCR text extraction.
Moreover, Veryfi is packed with features designed to streamline financial processes and enhance productivity. Users can benefit from fast OCR digitization, project management tools, secure document storage, custom reporting options, and seamless integration with accounting software like QuickBooks and Xero. For teams, Veryfi offers field intelligence capabilities, enabling real-time data insights and financial transparency across the organization. The app prioritizes data security, being CCPA, HIPAA, and GDPR compliant, with encryption for data at rest and in transit, and is entirely powered by machines for enhanced privacy.