Veryfi Receipts OCR & Expenses Erfahrungen

Vorteile

Cost, ability to hold backup files in Dropbox or Google Drive. Instant review and verification,

Nachteile

Not much. Yes I have to verify each transaction, and sometimes correct, but then I know that the information is there ready to use and accurate—no waiting a few weeks and hopping it was done correctly. It's a con which turns into a pro!
On some surfaces the auto detect doesn't work correctly or randomly. especially at Coles self serve checkouts. I tend to have auto detect off and then sometimes crop the image to reduce file size.

Vorteile

Veryfi is very easy to use and has some great features. I love how easy it is to scan paper store receipts, or email web based receipts. It uses the latests security protocols (Yodlee handles all the bank/credit card integrations, they use 2FA to log in) and has saved me a ton of time managing my expenses.

Nachteile

In cases where a receipt has multiple expenses which are considered separate purchases (Amazon does this a lot), the software requires multiple steps to separate them. When I'm matching credit card charges from linked accounts to my Veryfi receipts, I have to leave the bank feed section, go into the documents section, and clone the receipt to separate the charges, then go back to the bank feed section to match the receipts. I hope they can design a shortcut within the bank feed to accomplish this, to cut down on steps.

In Betracht gezogene Alternativen

Expensify

Warum Veryfi Receipts OCR & Expenses gewählt wurde

Both of these platforms eventually phased out and Veryfi actually offered an import feature so that I wouldn't lose my receipt data from my previous app. That combined with its features made it a no-brainer.

Gründe für den Wechsel zu Veryfi Receipts OCR & Expenses

Price and the ability to import receipts from my previous app.

Vorteile

Accuracy in reading receipts.

Nachteile

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

Vorteile

I love the ease of capturing the receipt, the swiftness of it's processing and the accuracy!

Nachteile

I would like to capture more than one receipt at a time without having to always press the capture button.

Vorteile

The OCR feature for capturing and organizing receipts is incredibly accurate. I love that it saves me so much time over manually entering all my expenses!

Nachteile

At $15 per month, it was almost more than I was willing to pay as a small business owner. However, I think it makes up for the price in the amount of time it saves me.

In Betracht gezogene Alternativen

Expensify und Fyle

Warum Veryfi Receipts OCR & Expenses gewählt wurde

Expensify was slightly more expensive, and it could not sync with Quickbooks Desktop software.

Zuvor genutzte Software

Expensify

Gründe für den Wechsel zu Veryfi Receipts OCR & Expenses

The functionality and third-party syncing features seem superior in Veryfi.

Vorteile

Point of Sale disposition of bookkeeping chores. Finished before I hit the door.

Nachteile

I can't resist getting into conversations with random people when they see me use it.

Vorteile

Veryfi’s Intelligent OCR (Optical character recognition) made scanning over 2,000 handwritten/printed receipts simple, convenient, and accurate data extraction effortlessly.

Nachteile

When using the column filters or a specific date range the filter is not saved.

In Betracht gezogene Alternativen

Zoho Desk

Gründe für den Wechsel zu Veryfi Receipts OCR & Expenses

Customer Support Simplicity of uploading receipts Accurate data extraction - including handwritten receipts Price/Cost

Vorteile

Ease of use. Out of the box solution. Implementation is extremely simple. User friendly. Our CPA firm is overjoyed! They continue to evaluate Veryfi expense management and other product offerings.

Nachteile

The 300 receipt limitation is bothersome for new users, but I understand Veryfi rationale.

In Betracht gezogene Alternativen

Xero

Gründe für den Wechsel zu Veryfi Receipts OCR & Expenses

Al and Machine learning. Fast, reasonably exact.

Vorteile

Love this app. I capture my paper receipts within minutes of receiving them. That way I don't lose them or they don't fade. Once a month I edit the record and tag the receipts to upload to QB. The categories b/w Veryfi and QB are nearly 100%. Also, sending e-receipts to my Veryfi email address works as advertised. Love the feature that they recognize most vendors and attach vendor logos. A+ rating from me!

Nachteile

Occasional hiccup and I have to take photo of receipt twice.

Vorteile

This has to be one of the best OCR & Expense software I have ever used it has all the major features you would need from easy OCR recognition to full-time tracking and payroll

Nachteile

The software can become a little cumbersome do the all the features it has and it takes time to learn how to get everything set up and working like you want it to

Vorteile

The software is highly intuitive and easy to learn. The process of uploading receipts, editing previous entries, or changing a vendor name, follows a familiar flow nearly all smartphone users will feel accustomed to.

What I enjoyed the most about Veryfi are the certain features I never had on my list of requirements (or thought to be important) in an expense manager but turns out to be extremely helpful. For example, extracting the vendor address from a receipt is something I thought of as a "nice to have" but not a requirement.

Now this feature is something I can't live without as it helps automate my purchases based on the proximity to my business. This is helpful for large chains and big box stores with many locations, I can now split out personal and business expenses far more easily.

This is what distinguishes good software from great software. Good software completes a task in a way you wanted it to; great software completes the job in a better way than what you had in mind, and that's what Veryfi does with receipts.

Nachteile

Not sure if this is Veryfi's issue, however the integration with QuickBooks online can be improved. I never get the confidence of whether a receipt has been uploaded and matched on QB, aside from the green QB logo being red. If there was a better way to bulk manage expenses and how it's uploaded into QB, and what it's QB status is (ie. matched, no match, amounts not matching, etc) that would be helpful.

Vorteile

I use to dread the hours spent with a huge pile of receipts trying to enter them into software and then fixing all the mistakes that the OCR made this software helps me to do all my accounting from my cellphone as I go and at the end of the month I just generate a report so simple and easy and far more accurate than anything I have ever used plus the security I didn’t want my accounting and receipts left unsecured and they have the best security.

Nachteile

Some of the merchant names make multiple names for the same merchant you can fix it by hand but is time consuming.

In Betracht gezogene Alternativen

Quickbooks Online

Vorteile

I love this software, it is fantastic with keeping up with receipts, the software pulls most if not all of the information off the receipt automatically, which is a great feature. The overall OCR function works great, and it works great for tracking certain transaction categories to keep an eye on spending. It’s been great to use for reimbursement itemization while I was interviewing.

Nachteile

Their OCR could be slightly improved as I’ve had issues with the camera recognizing the receipt for more than a second, cycling through shapes and having issues with taking a photo and having it select a shape other than the one in the last cycle.
I also wish that they had a personal finance option as I would love to manage my own finances without some of the selections or details of a company.

Vorteile

The mobile receipt scanning is my favorite feature. The rule based options are unlimited on how you set things up to run for your workflow. Fast and efficient across any platform.

Nachteile

The only issue I have ever had is when there is an update for the software. The app will crash after taking a pic of a receipt. It’s easily fixed by downloading the new version but is frustrating at times.

Vorteile

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.

Nachteile

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

Vorteile

The ease of use and the support which is more than I would have expected. I took the advantage of the 1/1 support to go through how to use the app, and that made everything crystal clear. Other than that, any time that you have a question, you just type it in and you immediately get a response.
All receipts are very easily captured by your phone, and hey presto! is immediately added to the app unlike other apps that take a lot longer.

Nachteile

There is nothing I dislike about this software. If there is anything I found it a bit harder to find than all the other apps that are similar. I wish Verifi would come up first. I can also use it on my phone, my iPad and computer and it syncs seamlessly with all. Veryfi need to be on top of the list of apps. It also works with all the other apps as well.

Vorteile

This product is very easy to use. Allows me to get receipts in before they get misplaced.

Nachteile

In the construction industry quantities are important and wasn’t offered when I first stated using the product, but they responded to my request and added it. Only con I see is the money in feature doesn’t translate to a vendor credit in QB.

Vorteile

The receipt counter and organizer.
It makes life easy!
It made bookkeeping actually fun! I look forward to it now. I get real-time data like a real-time video game.
It's awesome!

Nachteile

Cannt say just yet because I still have to use it fully. I just hope setting up a time sheet for my guys is as easy as the rest of the app.

Vorteile

I hate organising minor expenses but it so necessary for my accounts, vat return and tax return. Verify has made this so much easier and quicker. All organised, take a photo on my phone, check and adjust if necessary before uploading and then double check just before I run my reports. All done.

you can have three accounts for one paid subscriptions so organise different businesses

Nachteile

Four accounts for one paid subscription would suit me more but I can manage and overall find this good value for money.

Vorteile

- I like how I can organize my receipts project based as we work heavily project based on accounting and finances.
- I like how easy the integration between Veryfi and Quickbooks Online, which is our primary accounting software.
- I like how quick it is to scan a receipt. I've tried demos of many other apps and Veryfi is by far the fastest and most accurate option when scanning receipts as the machines work for you, not people as in competitors.
- I think it has a very fair pricing.

Nachteile

- Tax syncing is not always accurate from the receipt. Sometimes I have to manually adjust the correct tax amount.

Vorteile

This software makes financial administration so much easier and less time consuming. It is a pleasure to us and this powerful technology will make your life a lot easier and give you your time back.

Nachteile

There were not really any cons but it would be good to have a folder system for supplier monthly account receivable statements that can be forwarded by email directly to them if that function is not already available.

Vorteile

I like how Veryfi takes the hassle out of managing receipts. Whereas previously I scanned receipts in one step and entered them into Quickbooks as a separate step, I now do it all in one simple step using Veryfi.

Nachteile

I've only been using Veryfi for a few weeks, but so far I don't have any negatives.

Vorteile

Great app, very quick in getting all the data scanned and loaded. Able to tag customers, get reports and organize by category. Really easy to use and great value.

Nachteile

Adding jobs/customers is a bit of a tad as oppose to having the option to select while uploading.

Vorteile

This product integrates with QuickBooks Online and helped to get my receipt mess sorted out.

Nachteile

Sometimes when using the mobile app, receipts are scanned twice.

Vorteile

I have all my receipts always with me. I can look up receipts from last year in seconds. That is important too me.

Nachteile

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.