Veryfi’s Data Intelligence

2 min read
Veryfi's Data Intelligence

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!

Veryfi processing runs these 3 steps:

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.

Turnkey 🗝️
Data Extraction

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

  • Vendor
      VENDOR
    • Name
    • Address
    • Logo
    • Phone
    • Fax
    • Email
    • Latitude
    • Longitude
    • Website Url
    • VAT Number (Value-Added Tax)
    • ABN Number (Australian Business Number)
    • Store Number
  • Values
      VALUES
    • Subtotal
    • Discount
    • Cashback
    • Shipping cost
    • Tax (VAT, GST)
    • Tip
    • Total
    • Rounding
    • Currency
    • Currency Exchange Rate
    • Insurance Amount
  • Meta
      META
    • Document Type (receipt, bill, check & purchase order)
    • Document Title
    • Category
    • Package Weight (eg. kg/lb)
  • Date
      DATE
    • Invoice Date
    • Due Date
    • Payment Terms
    • Order Date
    • Ship Date
    • Delivery Date
    • Start Date (or arrival in hotel folio)
    • End Date (or departure in hotel folio)
  • Identifiers
      IDENTIFIERS
    • Account Number
    • Invoice Number
    • Purchase Order Number
    • Reference Number
  • Bill To
      BILL TO
    • Name
    • Address
    • Phone Number
    • Email
    • VAT Number
  • Ship To
      SHIP TO
    • Name
    • Address
    • Tracking Number
  • Barcodes
      BARCODES
    • QR
    • PDF417
    • EAN / UPC
  • Line Items
      LINE ITEMS
    • Date
    • SKU (Stock keeping unit)
    • Section
    • Description
    • Quantity
    • Unit of Measure
    • Price
    • Tax
    • Tax Rate
    • Discount
    • Discount Rate
    • Total
    • Type (food, product, alcohol,..)
    • Weight (eg. kg/lb)
    • Start/End Date
    • HSN (Harmonized System Code/Number)
  • Tax Lines Breakdown
      TAX LINES
    • Tax name
    • Tax rate %
    • Tax amount
  • Bank Information
      BANK INFO
    • Bank name
    • Routing number
    • Account number
    • IBAN (International Bank Account Number)
    • SWIFT / BIC
  • Payment Method
      PAYMENT
    • Card Type
    • Card Number

Common Questions & Answers

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

A. 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.

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

A. 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.

Q. How do I speak to a human?

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

Q. What use cases are there for this data?

A. 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.
TRY VERYFI FOR FREE

Try It Now

Drop an invoice or receipt into the form below and watch how in seconds Veryfi extracts a goldmine of data.

 
TRY VERYFI NOW FOR FREE
14 day free trial. No credit card required.