Veryfi Offers Free Technology Platform to Transform Documents into Structured Data

San Mateo, California–(business wire) — Veryfi, which uses artificial intelligence (AI) technology to instantly transform documents into structured data, today launched a free tier for its Optical Character Recognition (OCR) application programming interface (API) platform. did.

Software companies looking to transform unstructured documents into structured data today can quickly add AI-driven OCR capabilities to their apps without incurring start-up costs. This increases innovation and business agility and reduces time to market.

“Veryfi was founded on the principle that we can solve hard problems and inspire developers to build great things,” said Ernest Semerda, co-founder and CEO of Veryfi. . “Adding a free account tier allows developers to practice ‘the art of what is possible’ without feature limitations. Software developers can now take full advantage of Veryfi’s capabilities and add his AI-driven OCR to their software projects. You don’t have to worry about losing work or failing because you can’t access features. When you’re ready, anyone can easily sign up online and transition to the Starter plan. ”

Developers can use their free accounts forever with no fear of losing their work, no feature limitations, and no credit card required. The only limit is the number of documents a developer can submit to her OCR API platform. 100 for the first 14 days for him, after that he is 50 per month. When you’re ready, it’s easy to self-serve and migrate to a Starter account plan.

Unstructured data is the fastest growing type of data. It is growing at a compound annual growth rate of 61% and is projected to account for 80% of the world’s data by 2025, according to IDC. surpassed.

By eliminating manual data entry, Veryfi enables organizations to accurately capture, extract, and structure documents such as receipts, invoices, purchase orders, checks, credit cards, and W-9 forms at scale. allow it to be converted. Veryfi uses advanced AI/ML technology trained on hundreds of millions of documents over the last 5 years to extract data and analyze 85 currencies, 39 languages ​​and 110 such as vendors, totals, invoices, etc. Convert to structured format for more than defined fields. You can access a variety of business applications by accessing destination/ship-to, purchase order and invoice numbers, any item (product name, SKU, description), taxes, and more.

To sign up for a free Veryfi account, please visit www.veryfi.com/free.

About Verify

Veryfi enables organizations to capture, extract and transform unstructured documents such as receipts, invoices, purchase orders, checks, credit cards and W-2s at scale into structured data. Our technology reduces or eliminates manual data entry and unlocks valuable business intelligence in seconds. Trusted by enterprises and software companies, Veryfi’s AI-driven platform delivers fast, accurate, and secure data to hundreds of businesses around the world. For more information, please visit www.veryfi.com.