Invoice OCR API

Extract data from invoices 200x faster and 10x more accurate than humans can achieve. Enable 3-way matching with line item details for Procure-to-Pay workflows and inventory control.

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Invoice OCR API

Benefits you won't find anywhere else

What is Invoice OCR?

Invoice OCR, or Invoice Optical Character Recognition, is a technology that uses machine learning and artificial intelligence to extract data from invoices and other financial documents. With the increasing volume of invoices and the need for accurate and efficient data processing, invoice OCR has become an indispensable tool for businesses of all sizes. By scanning invoices and extracting relevant data such as invoice number, date, amount, and supplier information, invoice OCR enables businesses to automate their accounts payable processes, reduce errors, and save time and money.

One of the key benefits of invoice OCR is its ability to eliminate manual data entry, which can be time-consuming and error-prone. By automating data extraction from invoices, businesses can reduce the risk of errors and ensure that their financial records are accurate and up-to-date. Additionally, invoice OCR can help businesses speed up their invoice processing times, enabling them to pay suppliers more quickly and take advantage of early payment discounts. Overall, the use of invoice OCR can lead to greater efficiency, improved accuracy, and cost savings for businesses that rely on invoices and other financial documents for their operations.

Unlock your data in 3 simple steps

Process your invoices in less time than it takes to read this.

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Document Types supported by Veryfi machine models.

No matter your work, Veryfi makes it work

FinTech Software

FinTech Software

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Loyalty Marketing

Loyalty Marketing

Add receipt capture features to your loyalty app and unlock instant purchase validation with valuable cross-basket insights.

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AP Automation

AP Automation

Launch Veryfi in days, not months, to eliminate manual data entry and unleash your team’s full potential.

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Features

  • Pre-Trained AI

    Veryfi OCR APIs are pre-trained on hundreds of millions of documents for Day 1 Accuracy™.

  • Automatic Data Enrichment

    Veryfi automatically provides: vendor enrichment, business ID lookup, document categorization, line item expansion & categorization, and due date calculation.

  • Line Item Details

    Enable 3-way matching by accurately extracting line item details in invoices, POs, bills of lading, and other documents in your AP workflows and procure-to-pay lifecycle

  • Standardized APIs

    Veryfi RESTful APIs return formatted JSON with consistent labels for extracted data, so your team can easily integrate Veryfi into your enterprise apps.

  • Enterprise-Grade Security
    Veryfi is SOC 2 Type 2 certified and 100% automated, ensuring that your sensitive data stays in your control.
  • Mobile Capture Framework
    Add Veryfi Lens to your mobile enterprise apps to support business processes that include remote workers, such as freight and delivery personnel.

Complementary Veryfi products turn financial docs into structured data.

Complementary Veryfi products turn financial docs into structured data.

OCR API

OCR APIs with Day 1 Accuracy™ for data extraction of invoices and other financial documents.

Lens Mobile Capture Framework

Lens Mobile Capture Framework

Mobile framework for adding capture technology to your mobile expense, payment, ERP, and supply chain apps.

Supported Fields

  • Vendor/Merchant
    • Name and Raw Name
    • Address and Raw Address
    • Logo
    • Phone
    • Fax
    • Email
    • Latitude
    • Longitude
    • Website Url
    • Logo
    • Vendor Category
    • Vendor Account currency
    • VAT Number (Value-Added Tax)
    • ABN Number (Australian Business Number)
    • Vendor Registration Number
    • Store Number Name (enriched)
    • Learn more …
  • Dates
    • Invoice Date
    • Due Date
    • Order Date
    • Ship Date
    • Delivery Date
    • Start Date (or arrival in hotel folio)
    • End Date (or departure in hotel folio)
    • Line Item Start Date (service provided dates)
    • Line Item End Date (service provided dates)
    • Learn more …
  • Line-Items
    • Date
    • SKU (Stock keeping unit)
    • UPC (Universal Product Code)
    • HSN (Harmonized System Code/Number)
    • Category
    • Section
    • Description
    • Quantity
    • Reference
    • Unit of Measure
    • Price
    • Tax
    • Tax Rate
    • Discount
    • Discount Rate
    • Total
    • Type (food, product, alcohol,..)
    • Weight (eg. kg/lb)
    • Start/End Date
    • Country of Origin
    • Lot number
    • Learn more …
  • Financials
    • Subtotal
    • Discount
    • Cashback
    • Shipping cost
    • Tax (VAT, GST)
    • Tax Lines
    • Tip
    • Total
    • Rounding
    • Currency Code
    • Currency Exchange Rate
    • Insurance
    • Incoterms
    • Balance (current / previous)
    • Learn more …
  • Tax Lines Breakdown
    • Tax name
    • Tax rate %
    • Tax total
    • Tax base
  • Meta
    • Document Type (receipt/check/purchase order/invoice etc)
    • Document Title
    • Category
    • Tag
    • OCR Text
  • Ship To
    • Name
    • Address
    • Tracking Number
    • Ship Date
    • Delivery Date
    • Order Date
    • Incoterms
    • Insurance
    • Weight + List
  • Bank Information
    • Bank name
    • Bank number
    • Routing number
    • Account number
    • IBAN (International Bank Account Number)
    • SWIFT / BIC
    • Learn more …
  • Barcodes
  • Payment Method
    • Card Type (eg. visa, mastercard etc)
    • Card Number
    • Terms
  • Identifiers
    • Account Number
    • Invoice Number
    • PO (Purchase Order) Number
    • Reference Number
  • Bill To
    • Name
    • Address
    • Phone Number
    • Email
    • VAT Number
    • ABN Number
    • Bill to ABN Number
    • Payment Terms
    • Business Registration Number
OCR API Platform
from veryfi import Client
my_client = Client (). config_receipt ( "api-key" )
receipt_doc = my_client. doc_from_path ( "/path/to/receipt.jpg" )
parsed_receipt = receipt_doc. parse ( "receipt" )
Lens Mobile Capture Framework
$ node server.js && veryfi listen
> Ready! Waiting for requests…
2022-09-04 13:54:57 [ 200 ] 2022-09-04 13:54:57 [200] receipt_data.created
2022-09-04 13:54:57 [ 200 ] charge.succeeded
2022-09-04 13:54:57 [ 200 ] receipt_data.succeeded

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Integrate Veryfi with just a few lines of code, liberating your team to stay focused on building industry-leading customer experiences.

Resources
Github Repo

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