Veryfi, Inc.
Veryfi, Inc., headquartered in San Mateo, CA, specializes in AI-powered solutions for finance and accounting, offering a suite of data transformation products and developer-friendly toolkits for secure and efficient document processing.
Overview of Veryfi, Inc.
Veryfi, Inc., formerly known as IQB Labs and IQBoxy, is a B2B company headquartered in San Mateo, CA, USA, with a team of 60 members. Operating in the Finance and Accounting sub-industry, Veryfi has garnered trust from leading organizations like Navan, Rippling, Merkle, Square, Volvo, Abbott, and PepsiCo. The company provides secure, accurate, and efficient solutions for Fintech, CPG Loyalty, Insurance Claims, and AP Automation.
Services Offered by Veryfi, Inc.
Veryfi, Inc. offers a fully integrated suite of data transformation products aimed at secure capture, extraction, and transformation of bills, receipts, and invoices into structured data. Their services include automating Expense Management, AP/Bill Pay, Bookkeeping, and Market Research through developer-friendly toolkits. Notable capabilities include processing invoices, bills, and POs in seconds, automating expense receipt data entry, and understanding consumer spend in FMCG/CPG through receipt data.
Solutions and Products
Veryfi, Inc. provides advanced solutions such as an OCR Data Extraction API for invoices and receipts, a Mobile Capture Framework known as 'Lens' for mobile and browser platforms, and an Expense Management App. The company also offers a product matching API and a fraud detection API to enhance data extraction capabilities and improve security. Their solution set includes support for various document types such as receipts, invoices, W-2s, checks, and credit cards.
Security and Compliance Standards
Veryfi, Inc. complies with global bank-grade security and compliance standards to ensure secure data processing. The company holds certifications including SOC 2 Type 2, GDPR, HIPAA, CCPA, and ITAR compliance. These standards underpin the company's commitment to providing fast, accurate, and secure data extraction services while maintaining the highest levels of data protection.
Free SDKs and Developer Support
Veryfi, Inc. empowers developers with free SDKs for multiple programming languages, including C Sharp, Dart, Go, Java, Kotlin, Node.JS, PHP, Python, Ruby, Rust, JavaScript, and Swift. By providing these resources, Veryfi facilitates developer access to their powerful OCR and data extraction tools, fostering innovation and streamlining integration within various applications.