Receipt Reader AI vs Veryfi Invoices OCR API
Receipt Reader AI
receiptreader.ai
Veryfi Invoices OCR API
veryfi.comSide by side
| Figure | Receipt Reader AI | Veryfi Invoices OCR API |
|---|---|---|
| Price from | $5.99/mo | $500/mo |
| Free plan | Yes | Yes |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| macOS | — | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 5 | 3 |
| Spec score · Receipt Scanner Apps | 8.9 (#2) | 8.6 (#5) |
| Spec score · Receipt Management Software | 8.9 (#4) | 8.6 (#8) |
| Compliance | The features page claims GDPR and SOC 2 compliance. | Veryfi says it complies with GDPR, CCPA, and HIPAA, and will sign a BAA upon request. |
| Integrations | Listed integrations include Xero, QuickBooks, YNAB, Google Sheets, Google Drive, OneDrive, MYOB and Reckon One. | Veryfi lists QuickBooks, QuickBooks Online, Xero, NetSuite, Sage, Saasu, Slack, Box, Rippling, Zapier and Google Drive integrations. |
| Security | The features page states that financial data is encrypted with 256-bit AES, the app supports Face ID or Touch ID lock, and it does not store banking credentials. | Veryfi states that it has SOC 2 Type 2 certification, uses TLS 1.2/1.3 and AES encryption, and supports GDPR, CCPA and HIPAA compliance with a BAA available on request. |
| Support | The about page lists support at [email protected]. | The invoice API page offers API documentation, FAQs, human expert support, and a free demo. |
| System requirements | Apple lists iOS 18.1 or later for iPhone, iPadOS 18.1 or later for iPad, macOS 15.1 with Apple silicon for Mac, and visionOS 2.1 or later. | The Veryfi Lens iOS listing requires iOS 15.6 or later, iPadOS 15.6 or later, or macOS 12.5 with an Apple M1 chip or later. |
| What it does | Receipt Reader AI captures receipts from email, PDFs, or photos, extracts merchant, totals, tax and line items, and exports structured accounting data. | Veryfi converts invoices supplied as PDFs or images into structured JSON data through an AI API. |
Plans
Receipt Reader AI
- FreeFree
- Personal$5.99 a month
- Pro$14.99 a month
- Business$34.99 a month
- Enterprise$99 a month
Veryfi Invoices OCR API
- FreeFree
- Starter$500 a month
- GrowthPriced on request
In their own words
Receipt Reader AI
Receipt Reader AI captures receipts from email, PDFs, or photos, extracts expense details, and exports structured records. Its capture tools include automatic detection, edge enhancement, perspective correction, and batch scanning. It can extract merchants, amounts, dates, taxes, line items, payment methods, and categories, including information from handwritten receipts. Exports include PDF reports, CSV, IIF for QuickBooks Desktop, and a JSON API for custom integrations. Listed destinations include Xero, QuickBooks, Google Sheets, YNAB, Google Drive, and OneDrive. The product supports offline use and syncs when a connection returns. Its features page says financial data is encrypted with 256-bit AES, Face ID or Touch ID can lock the app, and banking credentials are not stored. Free includes 10 AI scans per month for one account with PDF export. Personal costs $5.99 per month for 50 scans and PDF, CSV, and IIF export, plus Google Sheets, Drive, and YNAB. Pro costs $14.99 per month, Business $34.99 per month, and Enterprise $99.00 per month, with higher scan limits and additional features. Raw email is retained for 30 days before deletion.
Veryfi Invoices OCR API
Veryfi Invoices OCR API extracts invoice information into structured JSON, including vendor details, line items, tax, and totals. It accepts documents such as PDFs and images, and the response includes OCR text for downstream applications. Veryfi says the API supports over 150 fields covering supplier, line-item, tax, and payment data. The product page describes checks for altered or duplicate invoices, including digital tampering analysis, PDF layer analysis, and duplicate detection. Developer resources include SDKs and code samples for Python, Node.js, PHP, C#, and Java, among other languages; n8n and Zapier are listed for workflow connections. Veryfi states that its platform is SOC 2 Type II certified and uses TLS 1.2 and 1.3, salted password hashing, and AES encryption at rest and in transit. It says it complies with GDPR, CCPA, and HIPAA, and will sign a BAA upon request. The API is described for accounts payable, bill pay, and three-way purchase-order matching. The free plan allows up to 100 documents monthly. Starter costs $500 a month, with a minimum commitment and a listed $0.16; each transaction covers a document up to 15 pages.