Easy Travel Expense Reporting with Navan and Veryfi May 12, 2023 - Traveling for business can be both enjoyable and productive, but the hassle of manually entering travel expenses can put a damper on the experience. In this light-hearted and entertaining demo that was featured live on stage at Money 20/20 in 2022, Navan (formerly Trip Actions) and Veryfi showcase how their innovative solutions can eliminate the […]
Year-End Financial Close: Complete Guide to Automation Solutions December 16, 2024 - Year-end financial automation has become critical as finance teams face mounting pressure to close books accurately and efficiently. As December approaches, teams without automation scramble to process mountains of financial documents, racing against unforgiving deadlines. With 40% of accounting teams reporting significant accuracy issues during year-end closing, it’s clear that modernizing through year-end financial automation […]
WhatsApp Document Extraction: Automate Processing with OCR Chatbot December 11, 2024 - Document processing has historically required dedicated apps and complex workflows. Today, Veryfi transforms this landscape by introducing document extraction through the world’s most widely used messaging platform – WhatsApp. Reimagining Document Processing Traditional document extraction faces critical challenges in today’s fast-paced business environment. Organizations juggle multiple platforms while users struggle with complex submission processes. Veryfi’s […]
Holiday Expense Management at Scale: Conquering Year-End Chaos December 9, 2024 - Holiday expense management automation has become critical for modern businesses navigating year-end complexities. According to recent research from the Global Business Travel Association (GBTA), with 86% of organizations reporting increased business travel activity, the need for automated expense management during the holiday season has never been greater. As we approach year-end closing, organizations leveraging holiday […]
Revolutionizing Holiday Loyalty Programs: From 11 Days to Instant Validation December 9, 2024 - Holiday loyalty program automation is becoming crucial as retailers face unique challenges in 2024. According to McKinsey’s latest holiday shopping report, despite 6% annual growth in holiday spending, low consumer confidence is impacting shopping behavior. With consumers being more selective but willing to splurge on meaningful purchases, automated loyalty programs are becoming essential for capturing […]
Mobile Receipt Scanning and Submission via WhatsApp: New Expense Tracking Solution December 5, 2024 - Expense management just got simpler. Veryfi introduces WhatsApp integration, enabling instant receipt submission through the world’s most popular messaging platform. This new feature eliminates the need for additional apps while maintaining enterprise-grade security and accuracy. The Evolution of Receipt Capture Traditional expense tracking often creates friction in the user experience: WhatsApp integration directly addresses these […]
Streamline Workflow Automation: Introducing New Business Rules Import/Export Feature December 2, 2024 - In today’s fast-paced business environment, automation isn’t just a luxury—it’s a necessity. Veryfi is taking another significant step forward in empowering organizations to achieve greater efficiency with the launch of our new Import and Export capabilities for Business Rules. Business Rules Engine (BRE) automates and enhances document post-processing by applying customizable conditions and actions. By […]This is a test blog post November 27, 2024 - Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic […]
Transforming Data Across Industries Through Intelligent Document Processing November 21, 2024 - In our previous article, we explored the evolution of Intelligent Document Processing, from its origins in basic OCR to today’s AI-powered solutions. We examined how technological advances in machine learning, computer vision, and natural language processing have revolutionized document handling. Building on this foundation of understanding IDP’s capabilities and trends, let’s explore how different industries […]
Intelligent Document Processing (IDP): AI and Machine Learning Trends November 21, 2024 - Discover how Intelligent Document Processing (IDP) is revolutionizing document handling through AI and machine learning, delivering unprecedented accuracy and efficiency. Understanding Intelligent Document Processing Intelligent Document Processing (IDP) represents a sophisticated software solution that captures, transforms, and processes data from various document types – including emails, text files, Word documents, PDFs, and scanned materials. By […]
Bridging the Gap between Humans and AI in Expense Management November 15, 2024 - In today’s digital transformation era, AI expense management is revolutionizing how businesses handle financial documentation. Learn how the strategic blend of artificial intelligence and human expertise is creating more accurate, efficient, and reliable expense processing systems. The Evolution of Expense Management Gone are the days of manual receipt processing and spreadsheet-based expense tracking. Today’s AI-powered […]