Veryfi’s Data Intelligence

January 21, 2021
1 min read

Veryfi AI is trained to extract out-of-the-box a wealth of fields from documents like invoices, bills and receipts in seconds using machines end-to-end. For you, this means you will be up and running much faster than alternative solutions on the market. After you signup for the Veryfi API self-serve portal with just your email address, you are setup immediately with API keys, docs etc to go go go!

Extract Data in 3 Sec

1. OCR your document (common function),
2. Data Extraction using a pre-trained machine model to give context to your document and turn it into structured data and then finally
3. Data Transformation categorizing the document, checking for duplicates and executing post-processing rules you may have setup.

Goldmine of Data

Veryfi AI is pre-trained to extract the following fields in real-time and out-of-the-box. Learn more

  • 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

Q&A

  • A field I need is missing. What to do?

    If you need a field which Veryfi doesn’t support yet, then let us know and we can train the system with you or alternatively provide you with API calls you can make to train the Veryfi system.

  • Why is Veryfi so fast in extracting fields when alt solutions take much longer?

    Veryfi’s data extraction and OCR is machines end-to-end. Veryfi is powered a neural network combining different custom architectures and training on a colossal data set of documents of different origins, currencies, languages, layouts.

  • How do I speak to a human?

    If you are already testing Veryfi then contact us on support@veryfi.com quoting your username or sales@veryfi.com

  • What use cases are there for this data?

    Many solutions but here’s just a few… – Expense Management: extract data for reimbursements or tax bookkeeping or build your own expense app in half the time. – AP/Bill Pay: with Level3 data from Veryfi you can get better rates from your payment processor and even enable real-time bill pay. – CPG Loyalty: gain insight into what consumers buy and why from SKU product data found on CPG receipts.

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

See for yourself.

Document Types supported by Veryfi machine models.