Veryfi Receipts OCR & Expenses

Pros

I like the ability to integrate credit cards. Not only from the 4-5 largest banks but from hundreds of banks. This is not seen from competitors. For example, I have a Amazon Visa but also have an Amazon Store Credit card (no visa/mastercard). I also have a best buy store credit card (again only good at that business. I was floored to see that Veryfi integrated with these too!

Cons

So far, I am a couple of months last the 30 day free trial. Other than using the software have not taken the time to really customize it to my business and automate to.many tasks. No complaints this far and I hope that will stay the same.

Alternatives Considered

Reasons for Choosing Veryfi Receipts OCR & Expenses

Switched From

Reasons for Switching to Veryfi Receipts OCR & Expenses

Pros

Veryfi is easy to use as a bookkeeping tool. Removes hours of manual capturing of documents, which in turn saves my clients who pay by the hour, money.

Cons

I found trying to speak to someone in sales a problem, the Technical person was quick to assist on Zoom, but he could not assist me with sales, the Live Chat doesn't work if and when you find it.

Alternatives Considered

Reasons for Switching to Veryfi Receipts OCR & Expenses

Pros

I love the software and systems, but receipt images are corrupted, meaning as an archival DB this is useless. The software cannot be relied on to keep your receipt images.

Cons

As above, customer services is hopeless. Software images corrupted and no one at veryfi seems to care much.

Pros

I have a small business and receipt entry is a PITA. I have tried several OCR apps and Veryfi was by far the fastest, most accurate, and thorough when extracting information.

Cons

It would be great if one could select multiple receipts/expenses and sum up the total to match a bank transaction when doing reconciliations.

Pros

The quickest and most efficient approach to keep track of your receipts is to scan them as soon as you receive them. Excellent OCR and alignment correction are provided by Veryfi. Taking images and uploading receipts is simple. It was convenient to be able to utilize the spending category names that I desired. If I wanted to monitor a specific customer, for example and figure out how much money I spent on that individual, I could add "tags" to my spreadsheet.

Cons

Income was inverting figures and not appropriately displaying P&L reporting back when I used it frequently Since then, I believe this bug has been fixed.

Pros

I wanted something simple: take a picture, let the app sort out all the details and allow me to check my expenses in one place. Verify does that!

Cons

I wish they had a free version if you just want to keep a record of your receipts and not add any other services in.

Pros

Easy to use and works so well for getting things organized

Cons

Reporting features i have not tried much but seems overwhelming for now

Pros

Scans documents quite accurately, you can categorize them, reads the date and time of the document, the associated number, and the issuer. It has helped me streamline my expense control process.

Cons

It lacks support for subcategories; some documents were not understood in the best way. It could recognize an item and assign it a category that was assigned in another document. The web interface needs more development to be more user-friendly

Pros

Exactly what I needed for managing and logging paper receipts

Cons

Occasionally on those that are faded it can be hard to read, but at no fault of the app.

Pros

After testing over 60 different product, this one was by far the best

Cons

The trial was too short but we ended up subscribing

Pros

I love how easy it is to use and how well it picks expenses up from the receipts you provide.

Cons

I wish theres was an easier way to track miles from the app itself.

Pros

The app has a very easy interface and is very fast.
When you need to scan a receipt, is just one click to open the app e other to click on the camera icon!
The AI take car to get all data correctly about the vendor, values and taxes.
I tested a lot of apps and Veryfi is the best in document recognition for receipts. and I almost forgot the great feature that I already use in other apps for travelling that is to directly send the receipts to my @veryfi account.
Thank you Veryfi team.

Cons

This is not a con but a new feature that can help a lot.
I really need to export all documents to sent to my tax consultant and it will be very easy if we have this option to select when we create the expense reports, like on option (x) include document images as a zip file.
And the other thing, of course, is the name! I always try or write the correct one "Verify".
Here is my suggestion for this one ... Just get this domain "http://verify.io/", add AI, Blockchain and ML to the project, do and ICO... and be very rich!

Pros

The thing I like most is the ease of use.

Cons

I do feel as with all apps, there’s room for improvement. Currently I feel like the refresh rate on the receipts page could be improved. As is the split function as well.

Pros

As a small business owner, I LOVE that my receipts are digitally captured, categorized, optionally tagged & saved in my cloud storage... all on the go! No more piles of receipts! Makes tax time a breeze!

Cons

Honestly, nothing. Every update just improves the app, and they seem to really listen to their users’ suggestions for improvements and additional features.

Pros

Being able to take a photo of the receipt on the go and view and approve it later.

Cons

Few issues with the camera software and doesn't always take a clear picture the first time.

Pros

Scanning your receipt right away is the easiest way to do bookkeeping. Veryfi has superb OCR, and alignment correction.

Cons

nothing yet. This is not an accounting software, but it can track time, add projects. It is amazing.

Pros

The owners have been great to respond personally to issues and provide support.
Just testing but it seems like the perfect solutions for a small distributed business like us to collect and categorize expenses.
Intuitive easy to use interface.

Cons

Some functionality could be improved and would like to see some controls in place that aren't currently there but in discussion with management team have plans to implement much of my wish list in the near future. It's a new app and they continue to develop but have been very impressed by there responsiveness and desire to improve.

Pros

Multiple ways to easily input expenses: snap a photo with your phone, drag & drop via the web interface, or forward receipts by email to a dedicated email address. Also have the ability to connect Dropbox (among other third party apps) so that all my receipts are instantly backed up to a designated DB folder.

I've tried several apps out there to track both personal and business expenses, and VeryFi is my favorite to date, by far. Really excellent stuff.

The customer support staff have also been very helpful when needed. Keep it up, guys!

Cons

While I'm sure some things could always be enhanced, nothing comes to mind that I would call a "dislike." So long as the team continues to tweak, update, and listen to their customers, they'll be just fine.

Pros

Love being able to track and place receipts for each job and tracking the spending. Gives us time to do other important tasks instead of having to go through hundreds of receipts

Cons

I wish the users were able to add their own specific jobs to the app. They have to wait for an admin to add it in

Pros

Prior to trying Veryfi, I was scanning and attaching all paper receipts to Quickbooks Online after team members piled them on my desk after a week of being on the road. Now team members can quickly snap a photo of the receipt, choose the expense category and customer and within 10 seconds it has arrived in my Quickbooks Online. I was worried that Quickbooks would duplicate the entries, but it doesn't. Quickbooks recognizes the entries and matches them up from the bank feeds seamlessly. We tried Expensify last year and it just wasn't quite what we needed and team members thought it was too complicated. Veryfi is simple. From my desktop or the mobile app, I can create jobs and customers, edit expense categories, send text messages to team members (WHAT?? Yassss!) Track mileage. I'm still discovering many of the features that are available. Time tracking - We currently use T-Sheets, so not sure if we will switch or not. Maybe. So far I'm really loving it!

Cons

The price is going to be our only negative so far. Would like the whole team to be able to use it, but not sure if it would be cost effective.

Pros

Auto Expense tracking is so easy and love the fact they give you a personal email to use on all your expenses.

Cons

Can’t do everything on the mobile app yet

Pros

great and simple experience setting up and using this app. I love how simple it is to set up and use. it makes my business expense tracking really simple and straightforward and easy and that's pretty wonderful.

Cons

So far there is not a single thing I can think of that I would change. it's all great to use and all very easy easy easy!

Pros

There's so much about it I love it's hard to say. I love that they worked hard to get it fully certified across the board. I love the budget section. I love how you can backup all your information for free without having to pay a monthly fee. I love to user interface.

Cons

Honestly I can't think of anything I don't like. I do hope that they continue building on what they already have but to be honest I can't even imagine what they would do.

Pros

We use VeryFi to scan foreign currency receipts because it then converts them to USD before uploading them with Quickbooks

Cons

The software does appear to be a bit "Beta" in terms of the back-end.

Pros

This app is great in integrating other software so that it can accomplish the goal in a much smoother process. It makes it very convenient to have a hub for reimbursements.

Cons

I wish it would push data to Rippling to fill in reimbursements for employees. I am still exploring many of the customizations/rules, but I haven't been able to find a way to truly automate some of the processes that I expected.