Dave Van Everen

A Game-Changing Innovation for Traditional Technology Optical Character Recognition (OCR) has been a game-changer in digitizing and extracting information from documents. However, traditional OCR technology has limitations in accurately recognizing characters in documents with poor image quality, processing complex layouts, and handling cursive text. Accordingly, the emergence of Artificial Intelligence (AI) and Machine Learning (ML) […]

Discover the power of IDP and how it can revolutionize your business operations. In today’s digital age, companies manage a massive volume of documents daily. From invoices and receipts to contracts and legal agreements, the sheer number of documents can be overwhelming and time-consuming to process manually. Intelligent Document Processing (IDP) plays a crucial role […]

Learn How it Works and its Benefits Across Industries Japanese OCR technology has come a long way in recent years, making it easier than ever before to accurately recognize and process Japanese text. This article will dive into how this innovative technology works, as well as its benefits and applications in various industries. Understanding Japanese […]

Day 1 Accuracy™ delivers time to value – unleash the full power of fast, accurate, and secure OCR for your business An Ever-Changing OCR Landscape In the rapidly evolving digital landscape, businesses and enterprises are seeking data extraction solutions that deliver high-performance results. Specifically, Day 1 Accuracy™ is the gold standard for companies considering OCR […]

Optical Character Recognition (OCR) technology has significantly revolutionized how we manage and process textual information. At its core, OCR is a technology that enables the automatic conversion of scanned or printed text into digital data that can be manipulated by computer systems. In this article, we’ll explore the ins and outs of OCR technology, its […]

A comprehensive OCR software comparison guide for your business needs Why Your Business Needs OCR Software Optical Character Recognition (OCR) software has significantly evolved since its beginnings in the early 20th century. Up to 90% of all information businesses receive is trapped inside documents, making the need for efficient OCR solutions crucial. This blog post […]

Veryfi Lens fuels global loyalty campaigns with instant purchase validation and cross-basket insights SAN MATEO, Calif., May 16, 2023 – Veryfi, using artificial intelligence (AI) technology to instantly transform documents into structured data, today announced that in 2022 and early 2023 the company added to its roster of Fortune 500 CPG companies and agencies for […]

Optical Character Recognition (OCR) converts scanned images of printed text into machine-readable text. It has revolutionized the way we digitize and process textual data, finding applications in document scanning, data extraction, translation, and accessibility across various industries, including finance, healthcare, and education. Two OCR methods that have gained popularity in recent years are Tesseract OCR […]

The 4th Industrial Revolution (4IR) is upon us, and it’s being powered by artificial intelligence (AI). AI is transforming every industry. It’s creating new efficiencies and opportunities, and pushing boundaries in ways that were once unimaginable. Let’s explore how AI is kickstarting the 4IR, and what it means for the future of work, innovation, and […]

The Veryfi Brand and the History of OCR Our company was co-founded in 2017 by Dmitry Birulia and Ernest Semerda, two friends and engineers that met at coupons.com and decided they wanted to solve a massive, costly problem in business: manual data entry. Veryfi is a Y Combinator company (W17) in Silicon Valley, the global […]

Product owners at B2B software companies face a classic “DIY vs. buy” decision: “Do we devote precious engineering resources to build this functionality in-house, or do we buy this functionality from a company that has already built what we need?” The answer isn’t always straightforward; there are pros and cons to each approach, depending on […]

Eliminate the Burden of Manual Data Entry We help accounts payable teams automating data entry can save time and resources, and free up teams to focus on more important work, allowing your team to unleash their full potential.  Download Now

Instantly Turn Receipts into Customer Insights Validate purchases and unlock cross-basket insights to fuel your loyalty marketing programs while enhancing personalization and reducing fraud. Download Now

Delight Your Users & Raise the Bar on Trust We help FinTech software companies accelerate their pace of innovation and delight their users through AI-driven OCR with Day 1 Accuracy™ Download Now

Putting Customers at the Heart of Innovation Watch our exclusive webinar and discover the power of putting your customers’ needs first! Watch our exclusive webinar now and discover the power of putting your customers’ needs first! Learn from the best and explore the options of making vs buying OCR solutions, developing products from the perspective […]

Discover the Future of OCR Enterprise Software Download the vendor vignette by Deep Analysis to learn more about how Veryfi is revolutionizing spend management and expense reporting. Download Now

Transform the Document Capture Experience in Your Mobile App With features like automatic document detection, enhanced edge detection, automatic image enhancement, long receipt capture, and auto-capture, you can increase data extraction accuracy and improve user experience. Download Now

Veryfi Lens Mobile Capture Framework first AI-based edge detection and document blur detection features for mobile web apps SAN MATEO, Calif., March 23, 2023 – With the new Veryfi Lens Mobile Capture Framework for Web, developers now have an easier way to transform document images and extract data through a combination of optical character recognition […]

“Putting Customers at the Heart of Innovation: How a Customer-First Approach can Drive Product Success” webinar airs live on March 21 SAN MATEO, Calif., March 9, 2023 – Veryfi, using artificial intelligence (AI) technology to instantly transform documents into structured data, today announced its upcoming webinar, “Putting Customers at the Heart of Innovation: How a […]

The Evolution of OCR: Origins to Modern Applications Optical Character Recognition (OCR) technology has made significant progress since its inception in the late 19th century. U.S. patent 2,026,329 was granted on Dec. 31, 1935 for a “reading machine” by Gustav Tauschek from Vienna, Austria, which was one of the earliest OCR-related inventions. OCR was initially […]

Veryfi Insights report shows that companies that invest in Super Bowl ads may see increased brand awareness, loyalty, and sales as a result SAN MATEO, Calif., February 21, 2023 – Veryfi, using artificial intelligence (AI) technology to instantly transform documents into structured data that consumer packaged goods (CPG) companies use for cross-basket insights, analyzed supermarket […]

Python is a high-level, interpreted programming language that was first released in 1991. It is known for its clear and concise syntax, making it an ideal language for beginners to learn. Despite its simplicity, it is a powerful language that is used for a wide range of applications, including web development, data analysis, artificial intelligence, […]

Python is currently the most popular programming language, due to its ease of use, versatility, and open source license. It utilizes clear and concise syntax, making it an ideal language for beginners to learn. However, it also is powerful enough to be used for advanced applications such as data analysis, artificial intelligence, and scientific computing. […]

Python is rapidly becoming the preferred programming language for application “backend” development and machine learning. Python is also frequently trending on Twitter, further evidence of its increasing popularity. For many developers, a common task is to parse JSON with Python. The Veryfi OCR API Platform integrates AI-driven OCR with a web application backend, and returns […]

Despite how slowly we’re moving after Thanksgiving, in celebration of National Cookie Day we bring you this latest installment of Veryfi Insights, pitting two titans of the cookie industry against each other: Nabisco vs. Ferrero. If you missed our last “battle of the brands” article featuring Kraft vs. Hormel, we didn’t pull any punches when […]

Veryfi Insights report shows Velveeta, Skippy, and Spam still strong-selling brands a century later SAN MATEO, Calif., November 17, 2022 – Veryfi, using artificial intelligence (AI) technology to instantly transform documents into structured data, analyzed the purchase receipts of Kraft Heinz and Hormel Foods goods to discern consumer shopping patterns which showed that Kraft Heinz […]

With Thanksgiving fast approaching and the weather turning chilly (even in Silicon Valley), our minds are turning to food. In this latest installment of Veryfi Insights, we chow down on shopper receipt data for two titans of the packaged food industry and see how they’re battling it out: Kraft Heinz vs. Hormel Foods. If you […]

The Veryfi team was in Las Vegas from October 23-26 for the Money 20/20 U.S. conference, and we were all excited and inspired by the conversations we had at the event. We met with hundreds of organizations and leaders in the FinTech industry, and saw lots of reason for optimism despite current economic headwinds. TripActions […]

In celebration of Halloween, we bring you spooky candy sales data and haunted candy brands! This is the latest installment of Veryfi Insights, an industry resource focused on uncovering insightful revelations hidden in the vast amount of zero-party receipt data submitted to the Veryfi OCR API Platform. If you missed our recent post on Coke […]

Companies eliminate employee paperwork, reduce costs and increase productivity while improving spend management SAN MATEO, Calif., October 20, 2022 — Veryfi, using artificial intelligence (AI) technology to instantly transform documents into structured data, today announced that TripActions is using the company’s technology to eliminate the time that is spent by employees filling out expense reports […]

Receipt line item data analysis shows while Coke leads Pepsi in cola war, Pepsi snacks and sports drinks rule SAN MATEO, Calif., October 13, 2022 – Veryfi, using artificial intelligence (AI) technology to instantly transform documents into structured data, analyzed the receipts of Coke and Pepsi buyers to discern consumer shopping patterns showing that Coke […]

The Coca-Cola Company has a slight edge over its top rival in driving brand affinity across sparkling soft drinks and water beverages in shopping aisles, according to data from grocery receipts. But Coke buyers are loading up their shopping carts with PepsiCo’s snack food brands, and also favoring Pepsi’s Gatorade over Coke’s Powerade. This latest […]

World’s iconic brands accelerate initiatives for increased loyalty and shopper insights SAN MATEO, Calif., October 5, 2022 – Veryfi, using artificial intelligence (AI) technology to instantly transform documents into structured data, today announced that its technology has been selected by a global top three food and beverage company to enhance its customer loyalty applications. This […]

The Answer Might Surprise You In celebration of National Coffee Day in the U.S., and the upcoming International Coffee Day, we bring you our latest installment of Veryfi Insights, a new industry resource focused on uncovering some of the most unexpected and, well, insightful revelations hidden in the vast amount of zero-party data submitted to […]

Veryfi Insights finds Dunkin’ buyers have a sweet tooth and most everyone buys water with their coffee SAN MATEO, Calif., September 29, 2022 – According to analysis of hundreds of millions of receipts by Veryfi, using optical character recognition (OCR) combined with artificial intelligence (AI) technology to instantly transform documents into structured data, insights show […]

Developers gain full access to optical character recognition with artificial intelligence capabilities that can be added to applications SAN MATEO, Calif., September 27, 2022 – Veryfi, using artificial intelligence (AI) technology to instantly transform documents into structured data, today launched a Free tier for its optical character recognition (OCR) application programming interface (API) platform. Now, […]

Unexpected Shopper Behavior and Trends U.S. gas prices are one of the most closely-followed consumer price indexes, informing national and state policy decisions, influencing prices for other goods, and serving as a bellwether for the economy. Organizations like AAA have even produced websites dedicated to gas price trends and car trip cost calculators. However, those […]

First Veryfi Insights installment analyzing gas-price-trends aligns with industry surveys SAN MATEO, Calif., September 15, 2022 – Veryfi, using artificial intelligence (AI) technology to instantly transform documents into structured data, today launched Veryfi Insights, an analysis provided as an industry resource to understand consumer shopping trends. Through the analysis of hundreds of millions of receipts, […]

Receipts contain valuable data that provides insight into consumer shopping behavior, price trends, brand or product affinities, and more. Since each receipt includes everything that a consumer purchased in one transaction, the line item details can reveal relationships between products, incentives, locations, times of day, and more. In this way, the receipts can be considered […]

As we wrap up summer and head into fall, we wanted to update you on enhancements and new features added to the Veryfi OCR API Platform, we have lots to tell you about! New Features OCR API version 8.0 Over the past few months, API v8 transitioned from beta to production status, and it’s now […]

Faster time-to-value and increased revenue with pre-trained Intelligent Document Processing – outperforming general purpose Robotic Process Automation tooling SAN MATEO, Calif., August 16, 2022 – Veryfi, using artificial intelligence (AI) technology to instantly transform documents into structured data, today announced that the company has seen 750% year-over-year growth in the Veryfi OCR API Platform usage. […]

Leading companies use artificial intelligence-based technology to increase efficiency by 200 times while removing human error SAN MATEO, Calif., July 27, 2022– Veryfi, using artificial intelligence (AI) technology to transform documents into structured data in just seconds, today announced it has added the world’s highest rated enterprise accounts payable automation software provider to its growing […]

More companies realizing efficiencies and cutting costs using Veryfi technology SAN MATEO, Calif., July 13, 2022– Veryfi, using artificial intelligence (AI) technology to transform documents into structured data in just seconds, has announced continued strong business momentum and growth in the second quarter. As economic concerns increase, many companies begin to reduce their staff to […]

Invoices have a long and rich history, dating back to 3000 BC when Sumerian temple priests invented the cuneiform. The oldest invoice in modern history was for a painting sold in 1504. Creating these invoices required a lot of manual work, with most calculations done by hand. Today, computers take care of the calculations, but […]

In a recent blog post by Valuer, Veryfi was named a Top 50 Company in Data Technology. The list, in which Veryfi appears in 2nd position out of the 50 companies mentioned, included companies across lifecycle stages from early startup to well-established. Included in the blog post is a link to a free report, titled: […]

In Japan, presenting a business card, or meishi, is a time-honored ritual. The exchange involves specific, formal requirements for holding the card, receiving the card, saying thank you and taking other actions that show respect and gratitude. Many other countries, such as China, Korea and Columbia, also have cultural expectations around business card etiquette. The […]

A bill of lading is one of the most important documents for the shipping of products materials around the world, whether purchased online or in a physical store. Between the moment the product leaves the manufacturing facility and the moment it ends up in the buyer’s hands, there are often multiple intermediaries: transport from the […]

Was your grandfather’s wallet the size of a sandwich from a New York deli? It was probably overflowing with dollar bills, a driver’s license, credit cards, membership IDs and insurance cards, to name only a few of the items needed to negotiate his world. But in the digital era, most of this information can be […]

Artificial Intelligence emerges as consumer receipt capture technology of choice SAN MATEO, Calif., June 2, 2022– Veryfi, using artificial intelligence (AI) technology to transform documents into structured data in just seconds, has added marquee customers in the consumer packaged goods (CPG)/Loyalty solution market – including a large retail property management company and a leading consumer […]

The last time you went to the doctor’s office and made a payment, did you receive a receipt? Employees with HSA, HCSA or FSA accounts most likely did. These health  spending accounts are used to carefully track medical expenses so the patient can be reimbursed. However, reimbursement only takes place after the receipt is submitted, […]

Happy customers are loyal customers, and cutting-edge digital technology can help keep customers happy. Research shows that 93 percent of consumers become repeat customers when a business provides great customer service.1 Additionally, more than half of consumers expect companies to use digital technology to accelerate and improve their customer experience.2 This means that accurately keeping […]

Whenever staying at a hotel, you rarely need your wallet. Any purchases made are “billed to your room.” Then on the final morning of your stay before checkout, you receive a nice sheet of paper under the door listing all of your purchases. What makes this experience so simple? It all comes down to hotel […]

Receipts hold an important place in the written history of the human race. If you thought the written word was for prose and poetry, you might be surprised. According to Dr. Irving Finkel, who studies the origins of language, the world’s oldest piece of writing is a clay receipt for clothing shipped by boat. So […]

Your business address, 20 sweatshirts, a payment due date: what do these three things have in common? At first glance, it might not seem like much. But, each of these pieces of purchase order (PO) data — or things that might be listed on a purchase order — are pieces of a puzzle that may […]

At Retail Innovation Conference & Expo, company introduces latest artificial intelligence-based features for consumer packaged goods and retail companies SAN MATEO, Calif., May 11, 2022– Veryfi, using artificial intelligence (AI) technology to transform documents into structured data in just seconds, announces enhanced mobile receipt capture capabilities in the latest release of Veryfi Lens. Veryfi Lens […]

or Even Replacing Older Technology in Business For the average individual, the term artificial intelligence or AI conjures up images of sci-fi thrillers. While the stigma associated with dystopian cinema may not have dissipated entirely, AI is already widely used in the corporate world. Many of the world’s iconic brands are investing in AI programs […]

AI-based technology for digitizing documents aids companies in digital transformation SAN MATEO, Calif.–(BUSINESS WIRE)–Veryfi, using artificial intelligence (AI) technology to transform documents into structured data in just seconds, today announced adding over 30 customers while achieving its revenue goal in the first quarter, plus a partner agreement with Menocarta providing the consulting and services firm with resell […]

Uses artificial intelligence to extract data from common business documents, improving data accuracy, saving time, and building wealth of actionable intelligence SAN MATEO, Calif., April 5, 2022 – Veryfi, using artificial intelligence (AI) technology to transform documents into structured data in just seconds, announced that the company more than tripled revenues in 2021, with strong […]

Today bluQube and Veryfi announced a partnership to cut data entry times for bluQube accounting software users by up to 90%. bluQube joins a rapidly growing roster of software companies that are incorporating the Veryfi AI-powered OCR API technology into their own solutions. Veryfi technology will integrate with the bluQube accounting software to extract receipt […]