Automation for your Business

Business Rules Engine automates and enhances document post-processing by applying customizable conditions and actions. You can define sophisticated logic to validate, transform, and enrich extracted data, reducing manual effort while enhancing accuracy.

Get Started for Free Free Demo
Data Driven Automation for your Business

What is Business Automation using Veryfi’s Business Rules Engine

Business automation streamlines repetitive tasks, allowing companies to focus on strategic growth and innovation while reducing manual errors and operational costs. Business automation is significantly enhanced by utilizing Veryfi’s Business Rules Engine, which automates and optimizes document post-processing. According to industry reports, companies that implement automation can reduce processing time by up to 70% and decrease manual errors by 50%. The Business Rules Engine applies customizable conditions and actions on top of Veryfi’s data extraction to enable sophisticated logic that validates, transforms, and enriches extracted data.

3 Simple Steps: 01 Define “Conditions” (Logic) – Specify what data field(s) to inspect and what to look for, chaining many conditions for complex business processes. 02 Apply “Actions” (Do) – When condition(s) are met, this triggers an associated action such as updating fields, tagging documents, or creating new fields. 03 Deploy and Iterate – Implement the rules and continually refine them based on performance and changing needs. This approach not only reduces manual effort but also enhances accuracy and operational efficiency, allowing organizations to focus on strategic tasks and improve overall productivity.

Use Case: CPG Brands

  • Receipt Validation

    CPG Brands face slow, non-scalable, and error-prone results due to manual document validation processes when launching loyalty campaigns. Business Rules Engine automatically validate each submitted document to verify key criteria such as total amount, date, and vendor eligibility, etc.. This ensures faster, scalable, and accurate processing, eliminating manual errors and enhancing the efficiency of loyalty campaigns.

  • Fraud Mitigation

    Inability to detect and mitigate fraudulent activities effectively. Veryfi API, combined with a Business Rules Engine and Fraud Detection, automatically flags suspicious documents and either instantly rejects them or routes them for manual review for further validation.

  • Rewards Policy Automation

    Delays in processing and verifying compliance with all reward policy criteria lead to low participation and engagement in loyalty programs. Veryfi API, integrated with a Business Rules Engine and Product Tagging, automatically verifies all reward policy criteria, identifies eligible products on the receipt, and determines whether the participant qualifies for rewards.

Use Case: FinTech

  • Document Approval & Routing

    Manual document approval and routing are time-consuming and error-prone, causing delays and inconsistencies in data. Employees verify each document, ensure it meets criteria, and route it to the appropriate department/individual. Business Rules Engine automate data validation and approval based on predefined criteria. Once validated, the document can be automatically routed to the appropriate person or department for further action, if needed.

  • Fraud Detection for Bill Pay

    Fraud in bill payments can arise from unauthorized, duplicate, or fake vendor payments. Manual detection is inefficient and often misses sophisticated fraud schemes. Business Rules Engine combined with a Fraud Detection, flags suspicious documents and either rejects them or routes them for manual review. It checks for anomalies like unusually high payments, new or unknown vendors, duplicates and etc.

  • Reimbursement Policy Enforcement

    Ensuring expense claims comply with company policies is complex and time-consuming. Employees may submit claims that exceed limits or breach policy. Veryfi API, integrated with a Business Rules Engine cross-checks each submission against company reimbursement policies, validates expense categories, checks receipt authenticity, and ensures policy limits are met.