Invoice OCR API
Veryfi OCR API extracts, categorizes and enriches all the detail from unstructured invoices, bills and consumer purchase receipts down to line-items (SKU-level purchase data) at scale; without the use of traditional limitations like templates or humans-in-the-loop.
How It Works
What is Invoice OCR
Invoice OCR is the process of extracting data fields from an invoice. When someone says “Invoice OCR” they usually refer to a process which consists of 3 Steps.
Step 1: OCR (optical character recognition) is the conversion of an Image or a PDF to text. Text inside the image file can be either typed font or handwritten.
Step 2: The process of extracting fields from the text. Some invoices can contain over 50 different fields that need to be extracted. Also each product or service line on the invoice can be structured using 5-10 columns.
Step 3: Data Enrichment and Fraud Detection. Many Invoice OCR APIs simply skip this very important step, but not Veryfi. Veryfi APIs do all these 3 steps with accuracy rates surpassing humans.
Ready to Go out of the box!
Pre-Trained Machine Model · No Templates · 100% AI · Try It Now
Using Veryfi, your organization saves money, speeds up business processes, improves data quality, and reduces compliance risks.
Try our online demo below and see for yourself.
Enterprise resource planning systems gain new Superpowers freeing employees from data entry for expense management, accounts payable and reimbursements.
Automate recording the costs of a manufacturing job for job costing and inventory tracking in a blink. Gain access to real-time data 247, not at the end of the month.
Audit the financial information of your clients entities with accuracy and speeds surpassing human labor multiple fold with ease.
Amsterdam, Netherlands, Business Owner
Jamie S., IT Consultant
Amer Siddiq, Founder of Landlord Vision
Ideal for scaling businesses and those wanting to dramatically reduce cost through AI automation.
Leapfrogs humans-in-the-loop solutions 10x fold. 27% human error rate vs. 3% AI error rate.
Real-time Invoice Scanning & Results
No waiting for invoice processing; it’s done in real-time. Get instant results, build new modern tools to inspire your customers.
No Templates or Regex
Veryfi API is 100% Artificial Intelligence using Machine Models from millions of invoices to instantly recognize context in new & existing invoices.
Veryfi API is 100% machines end-to-end. Unlike Cloudfactory which employs error prone offshore human labor for competitors, Veryfi is 100% AI machine processing from a secure 24×7 VPC cloud.
Superior Superpowers at your Fingertips
RESTful JSON API
Veryfi API is a modern RESTful API so you can be up and running fast. Comes with detailed API docs, code samples and a strong DPA.
Line-Item SKU Extractions
SKU-level purchase level data is extracted at scale with ease from every invoice you sent to Veryfi API.
Veryfi Lens for Mobile
Veryfi Lens is a Custom Camera you can drop into your own iOS & Android app to give your app the superpowers of data extraction in minutes.
Image & Processing Corrections
Powerful Veryfi Algorothms automatically correct image distortions like pin/barrel & skews, detects blur & adjusts perspective issues, rotates images and even splits receipts from single page into multiple.
Unmatched Data Extraction Capabilities
Veryfi Invoice OCR API extracts a wealth of information (shown below) from each invoice in 3 seconds.
If a data field you need is missing then please let us know and we can often accommodate it.
- Vendor name
- website url
- VAT Number
- ABN Number
- Shipping cost
- Tax (VAT, GST)
- Payment Method
- Card Type
- Card Number
- Document Type (receipt vs bill)
- Currency Exchange Rate
- Invoice Number
- Purchase Order Number
- Reference Number
- Invoice Date
- Due Date
- Payment Terms
- Service Start Date (or arrival in hotel folio)
- Service End Date (or departure in hotel folio)
- Account Number
- Bill To
- VAT Number
- Ship To
- Tracking Number
- SKU level Line Items
- Unit of Measure
- Type (food, product, alcohol,..)
- Tax lines breakdown
- Tax name
- Tax rate %
- Tax amount
- Bank information
- Bank name
- Routing number
- Account number
- SWIFT / BIC
- Vendor name
- Payment method
We spent 18 months looking worldwide for a real-time data extraction solution which doesn’t use humans-in-the-loop. I’m glad we finally found Veryfi.US Largest Federal ERP Provider
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Contact email@example.com to schedule a call for more information