Veryfi OCR API
High-accuracy OCR APIs for data extraction from receipts, invoices, checks, and more.
Executive Summary
Veryfi OCR API is a powerful platform designed for high-accuracy data extraction from a wide range of unstructured documents, including receipts, invoices, checks, and W-2s. It transforms these documents into structured, valuable insights in seconds, enabling businesses to automate data entry and processing. The API leverages AI-powered multi-model data extraction capabilities, including advanced line item extraction, to provide detailed and precise information. It also offers mobile SDKs for seamless integration into applications, supporting features like long-receipt capture and real-time fraud detection. Built with enterprise-grade security, Veryfi OCR API is SOC 2 Type 2 compliant and adheres to major privacy regulations like GDPR and CCPA, ensuring customer data protection. Its usage-based pricing model and 14-day free trial make it accessible for developers and businesses looking to enhance their products with robust data extraction.
Use Cases
- Automating expense management by extracting data from receipts and invoices.
- Powering CPG loyalty programs with real-time purchase validation.
- Integrating fraud detection into applications using real-time data extraction.
- Streamlining procure-to-pay processes with accurate line item extraction.
- Enhancing financial applications with automated check and W-2 data processing.
Features
Intelligence
- High-Accuracy Data Extraction: Extracts data from receipts, invoices, checks, and W-2s with high accuracy.
- Line Item Extraction: Detailed extraction of line items from documents for granular data analysis.
- Real-time Purchase Validation: Validate purchases in real-time without third-party delays.
- Fraud Detection: Build fraud detection capabilities directly into your application.
- Mobile SDKs: Tools and code samples for integrating long-receipt capture and other features into mobile apps.
Technical Specifications
- Deployment
- SaaS
- API Available
- Yes
AI/ML Stack
- OCR
- Multi-model AI
Security & Compliance
Certifications: SOC 2 Type 2
Encryption: Bank-grade security and compliance, safeguarding customer data.
Pricing
- Model
- Usage-based, billed monthly based on the number of API Transactions.
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
- Free Trial
- Yes, 14 days (no credit card required)
About Veryfi
Veryfi provides AI-driven OCR and mobile document capture technology, offering APIs to transform unstructured documents into structured data. Their solutions automate various business use cases, helping to eliminate manual data entry and streamline back-office processes.