Head of International Engineering at Veryfi. Got questions? I have answers. Contact me on support@veryfi.com
As KYC requirements continue to evolve, organizations must adapt to maintain compliance and protect against financial crimes. In this article, we will discuss how Veryfi’s advanced technology can help automate parts of the KYC process, making it more efficient and effective. Creating a KYC Checklist with Veryfi Here’s what automating KYC identification using document processing […]
Know Your Customer (KYC) has become a cornerstone of financial security and regulatory compliance in recent years. This post explores the growing significance of KYC and introduces the wide range of documents that KYC processes deal with. As we go into each topic, think about what can be automated. What if we’re moving towards a […]
In an era where digital interactions govern our lives, the sheer multitude of usernames and passwords required to access various platforms can turn into an unrelenting headache. At the same time, security cannot stay an abstract concept as it is the cornerstone of trust in technology. Amidst this landscape, the significance of Single Sign-On (SSO) […]
The Veryfi API version 8 release is here! Making the switch to version 8 is as simple as changing the version portion of the API endpoint URLs. For example, if you’re currently using version 7, you’re used to submitting documents for processing at this endpoint: To switch to version 8, all you’ll need to do […]
Looking for a way to change the vendor on your documents or manage your vendor list? You’re at the right place. The following instructions take place inside the Veryfi web app (hub) located here: https://hub.veryfi.com How to Change or Update Vendor Go to your DOCUMENTS https://hub.veryfi.com/documents/ Open the Document you want to alter the vendor for by […]
Let’s say your team members each have a company credit card for company expenses and you want to make sure they’re all legitimate. Here’s how the process looks in Veryfi: Explainer video Step by Step Instructions Following is a guide on how we achieve this in Veryfi. 1. Assign team managers (optional) If your company […]
Did you hear the news? Expensify uses mechanical turks (human labor) to extract the data from the receipts you trust them to OCR. 2017 was the year this leaked out and one of those mechanical turk found boarding passes, hotel receipts (name, dates, details), medical receipts, addresses, signatures, and Uber receipt with full name, pickup […]
Over the next few weeks you will see changes inside the web app to cater for not just Money Out (Expenses) but also for Income, aka Money In. We feel this will give every business owner a full picture and a better pulse on the health of their investment / business. As of writing, you […]
A bank reconciliation is the process of matching the balances in an entity’s accounting records for a cash account to the corresponding information on a bank statement. The goal of this process is to ascertain the differences between the two, and to book changes to the accounting records as appropriate.* Why reconcile bank transactions Assuming […]
Bulk Actions will improve your productivity. Bulk actions allows you to manage and edit all your Veryfi Documents in bulk. That’s 1+ Documents vs. the traditional one-by-one method. Supported bulk actions As of writing (June 2018) Veryfi supports the following bulk options: Currently only supported inside the web portal (Veryfi Hub). If you have been […]
Want a 2nd backup option for Veryfi? One where your collected financial documents can be automatically dropped into your Box folder. Sounds interesting? About Box cloud storage Box is an online file sharing and personal cloud content management service for businesses. The company adopted a freemium business model, and provides up to 10 GB of […]
We looked at 5 popular apps to manage expenses (1) Shoeboxed, (2) Receipt Bank, (3) Expensify, (4) Tallie and (5) Veryfi to find the best expense app for you. We tested each to see how well they performed their core function–Collection and identification of receipts. If you want to skip ahead, the Summary finding are […]
When you use Veryfi to capture your receipts, you can also automatically send them to your Saasu account. Saasu is an Australian owned company that develops online accounting software. It is distributed using the software as a service model. Saasu capabilities include sales, purchasing, inventory, payroll, CRM, point of sale, document and workflow management, global […]
