Veryfi, Inc.

Veryfi Receipts and Expenses

4.5 / 5 13 reviews

Who Uses This Software?

EXPENSE, INCOME MANAGER/TRACKER FOR: Small Medium Businesses Self-Employed ACCOUNTING PRACTICE MANAGEMENT: Bookkeepers & Accountants


Average Ratings

13 Reviews
  • 4.5 / 5
    Overall
  • 5 / 5
    Ease of Use
  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    $15.00/month/user
  • Pricing Details
    https://www.veryfi.com/plans-pricing/
  • Free Version
    Yes
  • Free Trial
    Yes
  • Deployment
    Cloud, SaaS, Web
    Mobile - Android Native
    Mobile - iOS Native
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Online
    Business Hours
    24/7 (Live Rep)

Vendor Details

  • Veryfi, Inc.
  • www.veryfi.com/
  • Founded 2016
  • United States

About Veryfi Receipts and Expenses

Veryfi helps you do more business and less accounting by automating the boring parts of accounting (date entry, categorization & reconciliation) with machines, not humans. Veryfi has the industry fastest OCR & Machine Learning engine to consume unstructured receipts, invoices & purchases and turn it into a structure data format. Veryfi helps you meet your tax obligations to the IRS, maximize tax deductions and eliminates manual data entry.


Veryfi Receipts and Expenses Features

  • Accounts Payable
  • Accounts Receivable
  • Bank Reconciliation
  • Billing & Invoicing
  • Cash Management
  • Collections
  • Consolidation / Roll-Up
  • CPA Firms
  • Expense Tracking
  • Fixed Asset Management
  • Fund Accounting
  • General Ledger
  • Government
  • Multi-Currency
  • Payroll Management
  • Project Accounting
  • Purchasing
  • Revenue Recognition
  • Spend Management
  • Tax Management
  • Trust Accounting
  • Accounts Payable
  • Accounts Receivable
  • Bank Reconciliation
  • Billing & Invoicing
  • Cash Management
  • Collections
  • Expense Tracking
  • Fixed Asset Management
  • General Ledger
  • Payroll Management
  • Revenue Recognition
  • Spend Management
  • Tax Management
  • Approval Process Control
  • Invoice Management
  • Multi-Currency
  • Receipt Management
  • Receipt Upload
  • Reimbursement Management
  • Spend Control
  • Time Tracking
  • Workflow Management

Veryfi Receipts and Expenses Reviews Recently Reviewed!


This App saves me approx 3 hours per month, Thats time I could be billing to someone!

Feb 21, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: A really easy user interface that makes sense. The log book for mileage is excellent and integration to Xero fantastic

Cons: I can't get my bank account working with it yet.... but its coming. everything else I have used works really well.

Use it for 6 months and save my time on tax preparation. Well done, guys.

Feb 16, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: Because it categorizes and transfer to Excel and other formats. So instead of collect each receipt and keep it physically and spend a half day before Tax day, you can just open Excel and everything is ready for your Tax preparer person.

Nice and purposeful. Works like a charm

Feb 14, 2018
4/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: I have all my receipts always with me. I can look up receipts from last year in seconds. That is important too me.

Cons: During the time that i have been using Verify aside for some minor bugs which have been corrected, I cant say I have any cons.. its constant evolution has ensured it continues to suprise me.

Overall: Digital record of my receipts with easy search and report functions.

Vendor Response

by Veryfi, Inc. on February 16, 2018

Awesome! Great feedback! Thank you for the support Gerry.

awesome customer service

Feb 14, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: the app loads quickly and is easy to use. it helps when you are on the move and you don't have time wait around.

Overall: the look of the app is very simple but thats all you need. the app gets the job done. with further updates it will only get better.

Vendor Response

by Veryfi, Inc. on February 16, 2018

Nice nice! Thank you Michael for the feedback & support! ~ Ernest (founder)

Capterra-loader

Great way to make things easier in life for you.

Feb 13, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
1 / 5
Value for Money

Pros: Its secured , Automates your accounting, is in real - time , users OCR and machines only and mostly no need to rely on humans to process receipts.

Cons: Just like all apps , its a little buggy but i notice at Veryfi they have a great support team where they can almost troubleshoot with you on the spot , other then that i cant fault this app too much at this time and oh one more thing If only it was out earlier to help make our life easier.

Vendor Response

by Veryfi, Inc. on February 16, 2018

Thank you for the feedback & support John! ~ Ernest (founder)

Great high end expense tool

Feb 12, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: The machine learning means no humans read my receipts- it's important for privacy that our information is confidential.

Cons: Pricing could be lower, but it's fair- all the companies in this space charge a lot but Verify delivers value.

Vendor Response

by Veryfi, Inc. on February 16, 2018

Thank you for the great feedback & support Arun! ~ Ernest (founder)

For capturing receipts, head and shoulders above everything out there so far.

Feb 11, 2018
5/5
Overall
4 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money

Pros: The receipt capture is by far the most compelling feature this app offers. Not having to wait 24 hours to have my receipts captured (ReceiptHog lol) is a huge deal. It's instant with this app.

Another huge plus is that my receipts aren't being sent to some offshore sweatshop exposing my data to god knows who? (Expensify which I used previously) These guys are using AI, which is cool, machines aren't going to sell my data or do anything nefarious.

The other pro for us is that it integrates with our existing accounting software, it was an easy sell to us.

Cons: The app looks a little ugly ? Maybe that's just the nature of boring accounting software but it's a minor quibble.

Vendor Response

by Veryfi, Inc. on February 13, 2018

Awesome! Thanks for the feedback. Yap an ugly duckling :P which product do you think needs UI love - android, ios or web? ~ Ernest (founder)

Capterra-loader

I use VeryFi everyday and it's easily the fastest and most convenient way to submit expenses

Feb 09, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: Great receipt uploading. The machine learning and image recognition make this the obvious choice to get our employees to actually submit expenses.

Cons: The startup time could be faster. Usually I expense one thing at a time and it would be nice if it had a super quick start option.

Vendor Response

by Veryfi, Inc. on February 12, 2018

Awesome feedback Chris! Thank you so much for the feedback & rating ~ Ernest (founder)

Capterra-loader

Terrific app - works exactly as advertised. Takes the pain out of expenses.

Feb 09, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: It's fast, the recognition works really well, great price point for a small startup. Lots of integrations that are very easy to setup.

Overall: Saved a lot of time managing my expenses

Vendor Response

by Veryfi, Inc. on February 12, 2018

Thank you for the feedback & ratings Jared! ~ Ernest (founder)

Great product... help me manage my expenses..

Feb 07, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: Help me to sort out my expenses and keep on track.. Help me with Tax return...Help me get my medicine in this some cost

Vendor Response

by Veryfi, Inc. on February 12, 2018

Thank you Krystyna for the awesome feedback & rating ~ Ernest (founder)

Capterra-loader

Just in testing phase now but it appears to be just what we need to better manage our expenses

Nov 09, 2017
4/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: The owners have been great to respond personally to issues and provide support.
Just testing but it seems like the perfect solutions for a small distributed business like us to collect and categorize expenses.
Intuitive easy to use interface.

Cons: Some functionality could be improved and would like to see some controls in place that aren't currently there but in discussion with management team have plans to implement much of my wish list in the near future. It's a new app and they continue to develop but have been very impressed by there responsiveness and desire to improve.

Overall: Allows us to electronically collect, categorize and store receipts in ways that are easily reportable and verifiable. Has gone a long way to improve our data on job costs.

Vendor Response

by Veryfi, Inc. on November 13, 2017

Thank you for the lovely feedback Bill. It's a pleasure to be of service to you and your firm. Best, Ernest (founder)

The easiest way to save receipts!

Feb 22, 2017
4/5
Overall
5 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Easy to use, very responsive customer service. Modestly priced.

Cons: Their web version needs some improvements which they are working on.

Overall: I use IQ BOXY for both personal and business, I started with the free subscription and after trying it out for a couple of weeks I decided to get the paid subscription.
Their customer service is outstanding, emails are answered in less than 24 hours.
Extremely helpful, looking to improve and add other features all the time.
It is easy to use and a very clean looking app.

Recommendations to other buyers: It is worth the paid subscription.

Vendor Response

by Veryfi, Inc. on December 07, 2017

Marie, thank you so much for your lovely feedback and support! Much appreciated. PS. IQBoxy has a new name! VERYFI ~ Read the announcement => https://www.veryfi.com/news/iqboxy-is-now-veryfi/ Best, Ernest (cofounder)

Solid Optical Reading

Nov 11, 2016
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Extremely
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Pros: Accuracy in reading receipts.

Cons: Integration steps (which may not really be unique to this software).

Overall: I have not used IQBoxy for long, but I do have some clients using it to track their business expenses. They take photos of their receipts and IQBoxy converts them to digital information and syncs with Xero Accounting Software.

So far, the information the software gathers from the receipts has proven to be both accurate and reliable, which is more than can be said for some other software I've used. It is able to pull the vendor name, date, amount, etc. and accurately sync it with Xero. I also like the expense reports and reminders to get your receipts entered. The expense reports can be printed from your computer to submit to your accountant or bookkeeper.

The one area that I find challenging is the integration with Xero. Though it transfers information well, the workflow still requires more steps than entering a transaction. Essentially, it creates an unapproved Bill in Xero for your accountant to approve (create the bill), then record a payment (or you can use the Expense Reimbursement feature of Xero the same way). To set the account and approve the bill, then create a payment to actually hit your general ledger is more steps than just creating a spend or receive money transaction. For that reason, the integration might not be the right solution for everyone, but overall, the software is accurate and helpful for tracking business expenses and keeping your receipts organized.

Vendor Response

by Veryfi, Inc. on December 07, 2017

Jake, thank you for your great feedback and support. We now have web app tool for accountants & bookkeepers to manage your clients from the 1 place. Check it out => https://www.veryfi.com/accounting-practice-management/ PS. IQBoxy has a new name! VERYFI ~ Read the announcement => https://www.veryfi.com/news/iqboxy-is-now-veryfi/ Best, Ernest (cofounder)