Document Types

In today’s rapidly evolving financial landscape, businesses face increasingly complex scenarios that demand more than basic document processing. Invoice processing for fintech companies has taken on more complication as once-helpful traditional tools like template-based invoice processing are no longer useful for achieving long-term results. Tools like these fall short when it comes to achieving custom […]

In the world of corporate finance and employee reimbursements, accurate receipt submissions form the backbone of effective expense management. Whether it’s tracking business lunches, travel expenses, or office supplies, the ability to quickly and accurately process receipts is crucial for maintaining financial integrity and ensuring timely reimbursements. However, many organizations struggle with extracting data from […]

In the competitive world of real estate, profits depend heavily on efficiency, accuracy, and security in managing transactions, completing verifications, and in ensuring that the various documents involved in multi-step real estate processes get applied into the right areas. Yet, many real estate companies, property managers, and medium-scale landlords continue to rely on legacy software […]

In the dynamic world of construction, managing a project extends far beyond the physical labor of building. Behind the scenes, executives grapple with a constant influx of documents and data that are vital for the seamless operation of their projects.  A staggering statistic reveals that a majority of construction executives dedicate over 1,000 hours annually […]

In today’s dynamic business environment, the fusion of precision, speed, and adaptability in financial management is pivotal. We’re thrilled to introduce a revolutionary advancement in financial acumen. Last week, Veryfi’s groundbreaking OCR API ushered in a new era by introducing an unparalleled capability: the ability to capture and scan bank statements with unprecedented accuracy and […]

An Introductory Overview Invoices help us keep our sanity. They serve as a notification that we owe payment and help us keep track of accounts payables and receivables for our businesses. So when this process is tedious, time-consuming or breaks, it impacts our bottom line (and soundness of mind). It’s amazing to think that despite […]

Choosing the Right Bank Check Data Extraction for Your SaaS Application With the rise of mobile banking, nearly two-thirds (65.3 percent) of the U.S. population uses digital banking services. According to respondents in the Ipsos-Forbes Advisor U.S. Weekly Consumer Confidence Survey, the top most valuable feature is mobile check deposit – the ability to deposit […]

Invoices have a long and rich history, dating back to 3000 BC when Sumerian temple priests invented the cuneiform. The oldest invoice in modern history was for a painting sold in 1504. Creating these invoices required a lot of manual work, with most calculations done by hand. Today, computers take care of the calculations, but […]

In Japan, presenting a business card, or meishi, is a time-honored ritual. The exchange involves specific, formal requirements for holding the card, receiving the card, saying thank you and taking other actions that show respect and gratitude. Many other countries, such as China, Korea and Columbia, also have cultural expectations around business card etiquette. The […]

A bill of lading is one of the most important documents for the shipping of products materials around the world, whether purchased online or in a physical store. Between the moment the product leaves the manufacturing facility and the moment it ends up in the buyer’s hands, there are often multiple intermediaries: transport from the […]

Was your grandfather’s wallet the size of a sandwich from a New York deli? It was probably overflowing with dollar bills, a driver’s license, credit cards, membership IDs and insurance cards, to name only a few of the items needed to negotiate his world. But in the digital era, most of this information can be […]

The last time you went to the doctor’s office and made a payment, did you receive a receipt? Employees with HSA, HCSA or FSA accounts most likely did. These health  spending accounts are used to carefully track medical expenses so the patient can be reimbursed. However, reimbursement only takes place after the receipt is submitted, […]

Whenever staying at a hotel, you rarely need your wallet. Any purchases made are “billed to your room.” Then on the final morning of your stay before checkout, you receive a nice sheet of paper under the door listing all of your purchases. What makes this experience so simple? It all comes down to hotel […]

Receipts hold an important place in the written history of the human race. If you thought the written word was for prose and poetry, you might be surprised. According to Dr. Irving Finkel, who studies the origins of language, the world’s oldest piece of writing is a clay receipt for clothing shipped by boat. So […]

Your business address, 20 sweatshirts, a payment due date: what do these three things have in common? At first glance, it might not seem like much. But, each of these pieces of purchase order (PO) data — or things that might be listed on a purchase order — are pieces of a puzzle that may […]

Securely capture and extract data from a credit card picture in seconds using a flavor of Veryfi Lens for Credit Cards 💳 directly on your mobile device instantly. ⚡️🏃🏻💨💨 No API calls required. It’s all done on your customer’s device.And it works on cards with embossed, debossed and flat print. Fields Extracted Cards Supported Veryfi […]

For companies with many vendors, collecting and manually entering W-9 data is an error-prone and costly business process. Why spend 10 minutes entering data for each W-9, when you can automatically capture the data in seconds, with greater accuracy than humans can achieve? What is the cost to your business if W-9 or other tax […]

W-2. It’s that time of the year. Tax season! Running accounting software is fun and rewarding when your customers are happy but also challenging when the request to automate the boring and tedious data extraction is brought up. Customers hate doing data entry and will often expect you to do it for them. The burden […]