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About

Parserdata is an AI-powered financial data extraction and automation platform designed to eliminate tedious manual data entry by intelligently extracting key structured information from unstructured financial documents, including invoices, receipts, transaction reports, bank statements, and balance sheets, without requiring templates or manual mapping. It uses machine learning and advanced scanning technology to recognize and pull out fields like vendor details, amounts, dates, and totals, delivering clean, structured output ready for analysis or integration into accounting systems, which dramatically reduces errors and saves time previously spent on copying, pasting, and reformatting data. It prioritizes data security and compliance through encryption and is built to scale with growing volumes of documents, so teams can streamline workflows across accounts payable and reporting processes.

About

Veryfi OCR API extracts, categorizes, and enriches all the details from unstructured consumer purchase receipts, invoices, and bills down to line items (SKU-level purchase data) at scale, without the use of traditional limitations like templates or humans-in-the-loop. Veryfi technology is TurnKey: ready to use out-of-the-box. This means no training required, no humans in the loop, and no templates. All documents are processed in real-time using Veryfis pre-trained machine models to provide instant time to value. Veryfi's mission is to free humanity from manual back-office labor.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Audience

Finance teams, accounts payable departments, and businesses looking for a tool to automate the extraction and structuring of financial data from documents like invoices, receipts, and bank statements

Audience

Veryfi is ideal for: (a) Software Providers: those who want best in class Expense Management, AP/Bill Pay and CPG Loyalty companies worldwide. (b) Finance Departments and (c) Software Developers.

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

API

Offers API Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$25 per month
Free Version Supported
Free Trial Not Supported

Pricing

8c /receipt & 16c /invoices
✅ Self-Service API Portal with API docs & code samples
✅ No Contract: month-to-month billing
✅ Unlimited document storage
✅ Worldwide Language & Currency support.

Per Receipt $0.08 Per Invoice: $0.16
Free Version Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Company Information

Parserdata
Founded: 2025
United States
parserdata.com

Company Information

Veryfi
Founded: 2017
United States
www.veryfi.com

Alternatives

Alternatives

Caelum AI

Caelum AI

Mindrops
Solvas Digitize

Solvas Digitize

Alter Domus Data Solutions Inc.
Collatio

Collatio

Scry AI

Categories

AI Tools Supported
Data Extraction Supported

Categories

Data Extraction Supported
Image Recognition Supported
OCR Supported

Data Extraction Features

Disparate Data Collection Not Supported
Document Extraction Supported
Email Address Extraction Supported
Image Extraction Supported
IP Address Extraction Not Supported
Phone Number Extraction Supported
Pricing Extraction Not Supported
Web Data Extraction Not Supported

Accounts Receivable Features

ACH Payment Processing Not Supported
Billing & Invoicing Supported
Check Processing Not Supported
Collections Management Supported
Online Payment Processing Supported
Overpayment Processing Not Supported
Partial Payments Not Supported
Receivables Ledger Not Supported
Recurring Billing Not Supported

OCR Features

Batch Processing Supported
Convert to PDF Supported
ID Scanning Not Supported
Image Pre-processing Supported
Indexing Supported
Metadata Extraction Supported
Multi-Language Supported
Multiple Output Formats Supported
Text Editor Not Supported
Zone Selection Tool Not Supported

Integrations

Axis LMS Not Supported
Dropbox Not Supported
Google Drive Not Supported
Google Sheets Supported
JSON Supported
Microsoft Excel Supported
QuickBooks Online Not Supported
XML Supported
Xero Not Supported
bluQube Not Supported

Integrations

Axis LMS Supported
Dropbox Supported
Google Drive Supported
Google Sheets Not Supported
JSON Not Supported
Microsoft Excel Not Supported
QuickBooks Online Supported
XML Not Supported
Xero Supported
bluQube Supported
Claim Parserdata and update features and information
Claim Parserdata and update features and information
Claim Veryfi OCR API & Mobile SDK and update features and information
Claim Veryfi OCR API & Mobile SDK and update features and information