Veryfi is a document AI company selling a developer OCR API and a separate per-user expense app. Its API pricing page lists a $500 per month minimum commitment on the paid Starter plan. ReceiptOCR reads the same receipts and invoices, returns merchant, date, line items, sales tax, and total, and works in a browser or over an API with no minimum and no per-seat fee. If you need an on-device mobile capture SDK or a signed BAA, Veryfi is the better buy. If you need receipt and invoice data in a spreadsheet, upload a document below and compare the output yourself.
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Veryfi built a genuinely strong extraction engine, and it sells it the way infrastructure gets sold: an API, an SDK, a minimum commitment, and a sales call above a certain volume. That is the right shape for a product team embedding receipt capture into an app. It is the wrong shape for a bookkeeper with 200 receipts and a deadline.
The Veryfi pricing page lists Starter at a $500 monthly minimum commitment, which its help center describes as covering 6,250 receipts or 3,125 invoices. Process four hundred documents and you have paid for thousands you never sent.
The OCR API and the Veryfi expense app are separate purchases. The app is listed at $19.99 per active user per month, or $17.50 billed annually. Buyers regularly sign up for one when they wanted the other.
The API is the product. You write the client, parse the JSON, and handle webhooks for async jobs. There is no screen where somebody drops a folder of receipts and downloads a spreadsheet.
Growth pricing is described as volume discounts by contact. Getting a real number for real volume means talking to sales first.
ReceiptOCR does the extraction step and stops there, deliberately. Upload receipts and invoices in a batch, review what the AI read, and export Excel, CSV, JSON, or a QuickBooks-ready file. There is no seat count, no minimum spend, and no integration project standing between you and the data.
Drag in a stack of receipts and download a spreadsheet. Nobody has to write code before the first document is read.
The same engine returns structured JSON over REST, so you can start in the browser and move to the API when volume justifies it.
Upload a month or a year at once. Each document is read on its own, so accuracy holds and every receipt returns as its own row.
Description, quantity, unit price, and per-item tax come back alongside the header fields, which is what makes reconciliation and expense coding work.
Pay for the documents you actually process. Bring the whole team in without adding a line to the invoice.
Excel, CSV, JSON, and QuickBooks-ready files. The data leaves with you rather than living inside a portal.
Run the same document through both and read the fields side by side. That is the only benchmark that matters.
A faded thermal slip, a crumpled restaurant check, a multi-page vendor invoice. Skip the clean ones, they all pass.
Tip: Test the documents that break tools, not the ones that flatter them.
Merchant, date, subtotal, sales tax, tip, total, and each line. Header fields are easy. Line items are where extraction engines separate.
Download Excel, CSV, or JSON. If you need a mobile capture SDK or a BAA, buy Veryfi. If you needed the data, you already have it.
Built for US teams that need receipt and invoice data extracted reliably, and that cannot justify a monthly minimum for the volume they actually run.
You process client documents in batches and hand back a spreadsheet. You do not need an SDK, and a $500 floor per month does not survive the partner meeting.
You want structured JSON from receipts today, not a procurement cycle. Start free, move to volume when the product earns it.
A few hundred receipts a quarter, a tax return that wants categorized totals, and no appetite for a per-user expense app.
Quiet months and heavy months. Volume pricing without a floor matches how the documents actually arrive.
Veryfi is a document AI company, founded in 2017 and based in San Mateo, that turns documents into structured JSON. It sells two things that are easy to confuse. The first is an OCR API platform for developers, with a mobile and web capture SDK called Lens and a long list of supported document types: receipts, invoices, checks, bank statements, W-2s, W-9s, business cards, hotel folios, purchase orders, bills of lading, and more. The second is a Veryfi expense app for individuals and small teams, with QuickBooks sync, priced per user.
If you are evaluating Veryfi, work out which of those two you are actually shopping for before you look at a price. They bill on completely different models.
Veryfi publishes its API pricing, which is more than most of this category does. Below is what appeared on Veryfi's own pricing page and help center in July 2026. Prices change, so confirm on veryfi.com before you buy.
| Veryfi plan | Listed price (July 2026) | What it covers |
|---|---|---|
| Free | $0 | Up to 100 documents per month, no credit card |
| Starter (OCR API) | From $500 per month, stated as a $500 monthly minimum commitment | Described in their help center as 6,250 receipts or 3,125 invoices |
| Growth (OCR API) | Volume discounts, quote only | Model fine-tuning, SLA, SAML SSO, white-glove support |
| Veryfi expense app | $19.99 per active user per month, or $17.50 billed annually | The mobile bookkeeping app, not the API |
Veryfi bills the API per document rather than per page. Its published per-document rates are $0.08 for a receipt, $0.16 for an invoice, $0.25 for a bank check, $0.25 for a bank statement, and $0.16 for a W-2 or W-9. Those unit rates are competitive. The minimum is the part that decides most purchases: at $0.08 a receipt, a $500 floor means you are buying over six thousand receipts a month whether or not you send them.
There is a free tier of 100 documents per month on the OCR API, with no credit card required, and a 14 day free trial. That is enough to evaluate the extraction quality and nothing more. Once you cross 100 documents in a month on the API, the next stop is the Starter plan and its $500 monthly minimum. The expense app has its own separate trial.
Veryfi advertises "99%+ accurate data from any document type" across its own pages, and publishes a self-run benchmark on 500 anonymized invoices reporting 98.7% overall accuracy against two named competitors. Read that the way you would read any vendor benchmark: it was designed, run, and reported by the vendor, on documents the vendor chose. It is evidence, not proof.
In practice the extraction quality is good, and so is the quality of every serious engine in this category on clean documents. What separates them is behavior on faded thermal paper, on skewed phone photos, and on line items rather than header fields. That is why the only honest recommendation is to run your own worst documents through both tools and read the output. It takes fifteen minutes and it beats every comparison table on the internet, including this one.
That question appears in Veryfi's own help center, which tells you how often it comes up. The $19.99 figure belongs to the Veryfi expense app and is charged per active user per month, dropping to $17.50 when billed annually. It does not apply to the OCR API, which is billed per document against a monthly minimum. If a team of ten uses the app, you are paying ten seats. If a team of ten uses the API, you are paying for documents.
ReceiptOCR has no per-user charge at all. Volume is what you pay for, and the number of people looking at the results does not change the bill.
The realistic set splits by what you are buying. Cloud OCR primitives from Amazon, Google, and Microsoft give you raw text and some structure, and you build the rest. Specialized document AI platforms like Nanonets and Rossum add workflow, model training, and ERP posting. Extraction tools do the reading step and export a file. Here is the honest map.
| Option | Shape of the product | Entry cost | Genuinely best for |
|---|---|---|---|
| Veryfi | OCR API plus mobile and web capture SDK, plus a separate expense app | Free to 100 docs, then a $500 monthly minimum | Embedding real-time receipt capture inside your own mobile app |
| Nanonets | Agentic document platform with workflows, approvals, and ERP posting | $50 in free credits, then $100 per month for 100 credits | Automating a whole AP process, not just reading a document |
| Cloud OCR primitives | Amazon Textract, Google Document AI, Azure Document Intelligence | Pay per page, no minimum | Engineering teams that want to own the post-processing layer |
| Tesseract (open source) | Raw OCR text, no field understanding | Free | Clean printed documents where you write the parsing rules |
| ReceiptOCR | Browser batch upload plus a REST API from the same engine | No minimum, no per-user fee | Getting receipt and invoice data into Excel, CSV, JSON, or QuickBooks |
Three cases, and they are real ones. First, if you are putting a camera inside your own product and you want on-device field validation at the moment of capture, the Lens SDK does something a browser upload tool does not attempt. Second, if you are handling protected health information and you need a signed business associate agreement, Veryfi states it will sign a BAA on request and lists SOC 2 Type 2 certification alongside GDPR, CCPA, and HIPAA compliance on its security page. Third, if you need document types well outside receipts and invoices, such as passports, insurance cards, or bills of lading, the breadth is there.
What Veryfi does not publish, as of July 2026, is a data retention period on its security page. Custom retention appears only as a Growth tier feature. If retention matters to your compliance review, ask them directly rather than assuming.
Most people migrating off an API do it in the wrong order, starting with the integration. Start with the output. Take fifty documents that represent your real mix, run them through, and diff the fields against what you get today. If the data is equivalent, the rest is plumbing.
From there the path depends on where the data lands. Teams that ended up building a spreadsheet anyway usually stop at the receipt to Excel converter and never write the integration. Teams that need JSON keep going to the receipt OCR API, or its counterpart for vendor bills, the invoice OCR API. Firms processing client documents in batches tend to live in the bulk receipt scanner and export per client. If the destination is a ledger rather than a file, you can scan receipts into QuickBooks directly.
And if what you are really comparing is a full document automation platform rather than an extraction engine, read the Nanonets alternative page next. That is a different purchase with a different justification.
The alternatives split into three groups. Cloud OCR primitives such as Amazon Textract, Google Document AI, and Azure Document Intelligence return text and structure that you post-process yourself. Document automation platforms such as Nanonets and Rossum add workflows, model training, and ERP posting. Extraction tools including ReceiptOCR read the document and export Excel, CSV, or JSON without a minimum commitment.
As of July 2026 Veryfi lists a free OCR API tier of 100 documents per month, then a Starter plan with a $500 per month minimum commitment, described in its help center as 6,250 receipts or 3,125 invoices. Published per-document rates are $0.08 per receipt and $0.16 per invoice. The separate Veryfi expense app is $19.99 per active user per month, or $17.50 billed annually.
The Veryfi OCR API has a free tier of 100 documents per month with no credit card required, plus a 14 day trial. That is enough to test extraction quality. Beyond 100 documents a month the paid Starter plan applies, and it carries a $500 monthly minimum. The expense app is a separate product with its own trial and per-user price.
Veryfi advertises 99%+ accurate data on its own pages and publishes a self-run benchmark on 500 anonymized invoices reporting 98.7% overall accuracy. Those figures come from the vendor, on documents the vendor selected, so treat them as evidence rather than independent proof. Every capable engine performs well on clean documents. Test faded thermal receipts and line items to see real differences.
It depends which product you buy. The Veryfi expense app charges $19.99 per active user per month, or $17.50 billed annually, a question common enough that it appears in Veryfi's own help center. The OCR API is billed per document against a monthly minimum instead. ReceiptOCR charges no per-user fee on either path, so team size never changes the bill.
Veryfi turns documents into structured JSON. Developers use its OCR API and Lens capture SDK to pull fields from receipts, invoices, checks, bank statements, W-2s, W-9s, hotel folios, purchase orders, and roughly 40 other document categories. Separately, small teams use the Veryfi expense app to photograph receipts and sync them to QuickBooks.
Yes. Every document returns header fields plus a line item array with description, quantity, unit price, and per-item tax where the document contains them. Header fields alone are not enough for expense coding, purchase order matching, or sales tax reclaim, which is why line item quality is the field worth testing before you commit to any engine.
Choose Veryfi if you need on-device capture inside your own mobile app, where the Lens SDK validates fields as the photo is taken. Choose it if you need a signed BAA for protected health information, or document types well beyond receipts and invoices. Choose ReceiptOCR if you need receipt and invoice data in a spreadsheet or JSON without a monthly minimum or an integration project.
The platform comparison, credits and model training included.
The same extracted fields as structured JSON for your app.
The invoice-side endpoint, line items and totals included.
The browser app built on the same extraction engine.
Read a large batch of receipts into one spreadsheet.
Convert receipts to a clean Excel or CSV spreadsheet.
