Unlocking Efficiency: Veryfi's SOC2 Type2 Certification and Advanced Data Extraction

In today's fast-paced business environment, safeguarding customer data is paramount. Veryfi has achieved SOC2 Type2 Certification, underscoring its unwavering commitment to data security and compliance. This certification not only enhances trust but also aligns with stringent regulations such as CCPA, HIPAA, GDPR, and ITAR.

Revolutionary Data Extraction with Veryfi

Veryfi stands out in the realm of financial technology by offering rapid and accurate data extraction capabilities. Within seconds, Veryfi can extract essential information from receipts and invoices, including:

• Vendor Information: Name, address, type, and phone number. Veryfi utilizes machine learning to recognize vendors from logos alone.
• Transaction Details: Totals, subtotals, taxes (including international taxes like GST, HST, VAT), tips, date, time, and payment types.
• Currency Detection: Automatic currency conversion based on the date of the receipt, ensuring accurate financial reporting while traveling.
• Rich OCR Technology: Line-by-line item extraction, including invoice details such as account numbers and due dates.

Veryfi is proud to introduce the world's first machine-powered line-by-line item extraction, making it easier than ever to manage financial documents.

Streamlining Project Management

With Veryfi, businesses can eliminate hours spent on data entry and record-keeping. The platform offers:

• Data Entry Automation: Precise recording and reporting of purchase activities.
• Secure Document Vault: A safe space for all business tax, bookkeeping, and project documents.

Feature-Rich Platform for Enhanced Productivity

Veryfi is packed with features designed to optimize your financial management:

• Fast OCR: Digitize receipts, bills, and invoices in just three seconds per page.
• Project Management: Assign financial transactions to specific projects for better tracking.
• Custom Reporting: Tailor reports to your needs, including options to customize columns by customers, projects, and team members.
• Bill Fetch: Seamlessly import bills from any POS or online service directly into Veryfi.
• Multi-Profile Management: Manage multiple business or personal profiles under one account.
• Accounting Integrations: Sync with popular accounting software like QuickBooks, Xero, and Freshbooks.
• Payroll Solutions: Integrate with Gusto and Rippling for streamlined payroll management.
• Backup Options: Connect with Dropbox and Google Drive for secure secondary backups.
• Team Transparency: Use Slack to notify your team about company expenses in real-time.
• Bank Connectivity: Link with major banks like American Express, Chase, and Wells Fargo for seamless financial management.

Empowering Teams with Real-Time Insights

Veryfi enables organizations to achieve financial transparency by allowing team members to access real-time data. This feature enhances decision-making and provides insights into time spent and vendor material purchases.

Veryfi Shield: Your Data's Security

Data security is a top priority for Veryfi. The platform is compliant with CCPA, HIPAA, and GDPR, ensuring that all data is encrypted both at rest and in transit. With a fully automated system powered by machines, Veryfi eliminates the need for human intervention, providing peace of mind regarding data privacy.

Veryfi for Construction: Simplifying Time & Materials Tracking

For those in the construction industry, Veryfi offers a specialized solution to track time and materials with minimal data entry. The "Timesheets by Veryfi" app allows users to manage their time efficiently, no matter where they are.

Download Timesheets by Veryfi

About Veryfi: The Future of Bookkeeping Automation

Veryfi is at the forefront of automating bookkeeping processes, particularly for the architecture, engineering, and construction (AEC) sectors. By providing smart mobile tools, Veryfi helps businesses of all sizes reclaim valuable time lost to data entry and record management. The platform enhances job costing and empowers financial prosperity through innovative technology.

As Veryfi continues to build the next generation of bookkeeping automation software, it remains committed to leveraging pure technology without the limitations of legacy systems. Experience the future of financial management with Veryfi today.