# Veryfi Receipts OCR & Expenses — Project Based QBO Bookkeeping

> Automated OCR receipt and invoice data extraction for bookkeeping and project management. (iPhone/iPad app by Veryfi, Inc..)

- Source: https://appshunter.io/ios/app/veryfi-receipts-ocr-and-expenses/id804152735 (this page in markdown: same URL + `.md`)
- Developer: [Veryfi, Inc.](https://appshunter.io/developer/1193475849)
- Category: Business, Finance
- Price: Free
- Rating: 4.70/5 from 1,836 App Store ratings · 239 written reviews indexed
- Age rating: 4+
- Requires: iOS 16.6 · 97 MB
- Languages: Arabic, Danish, Dutch, English, French, German, Hebrew, Italian, Japanese, Norwegian Bokmål and 5 more
- Released: 2014-01-27
- Data updated: 2026-08-03
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/veryfi-receipts-ocr-and-expenses/id804152735/reviews.md

## What is Veryfi Receipts OCR & Expenses?

Experience the swiftest and safest OCR capture for receipts, bills, and invoices with Veryfi's powerful data extraction app. Bid farewell to manual entry and bookkeeping, saving hours weekly.

Veryfi swiftly extracts vendor details, payment information, totals, taxes, and line items. Achieve efficiency with SOC2 Type2 certification, CCPA, HIPAA, and GDPR compliance.

Witness Veryfi's AI prowess in:

- Recognizing vendors from logos through ML
- Extracting transaction details, including handwritten totals and tips
- Identifying date, time, payment type, and currency with automatic conversion
- Categorizing receipts based on regional accounting codes
- Offering rich OCR text with line items and invoice details

Explore the world's first machine-powered line-by-line item extraction from receipts, including hotel bills.

Smarten your projects with:

- 90% time savings in record-chasing and data entry
- Precise recording, automated data entry, and insightful reporting
- A secure vault for business tax, bookkeeping, and project documents

Packed with features like fast OCR, project management, document storage, custom reporting, bill fetch, profiles, accounting, payroll, backups, and transparency through Slack and bank connections.

For teams, gain field intelligence by adding your team to Veryfi for real-time data insights on time and material purchases.

Secure your data with Veryfi Shield, ensuring CCPA, HIPAA, and GDPR compliance with encrypted data at rest and in transit.

Veryfi, dedicated to automating bookkeeping, especially for AEC industries, offers smart tools to eliminate data entry, enhance job costing, and boost financial prosperity without the constraints of legacy technology.

## Key features

- Fast OCR data capture
- AI-powered data extraction
- Automated bookkeeping
- Project management tools
- Secure document vault
- Custom reporting
- Team collaboration

## What do users think of Veryfi Receipts OCR & Expenses?

Overall sentiment: neutral

**Pros**

- 🚀 Fast and efficient
- 👍 Easy to use
- 🔒 Secure data storage
- 💡 Innovative features
- 🚀 Accurate OCR
- 🚀 Quick receipt processing
- 👍 Intuitive interface
- 👍 Helpful customer support

**Cons**

- 🐛 Crashes and glitches
- 🔍 Inconsistent receipt recognition
- 💰 Expensive subscription
- 🔍 Missing features (e.g. custom categories)
- 🔍 Confusing pricing structure
- 🔍 Difficult to cancel subscription
- 🔍 Limited free version
- 🔍 Currency conversion issues

**Commonly reported bugs**

- Receipts disappearing after updates
- Incorrect date and tax recognition
- Crashing on currency change
- Inability to edit receipt details

**Most requested features**

- Offline receipt scanning
- Automatic receipt categorization
- Improved reporting and analytics
- Integration with more accounting software
- Ability to merge receipts
- Customizable tags and labels

## Recent user reviews (10 of 239)

All indexed reviews: https://appshunter.io/ios/app/veryfi-receipts-ocr-and-expenses/id804152735/reviews.md

### 1/5 — Deceptive billing

*2026-01-13, version 2.9.55*

OCR and reporting works great. However I ran into a scam / deceptive billing with the limits. I purchased a subscription and there is a limit on the number of documents you can scan and then they want more per scan after that. I screen shot the billing page where no limits are listed, the limits are buried in the fine print and in the faqs. 

Given this is useless for my use case, I contacted support and they know it’s a scam “we don’t issue refunds for any reason” 

Stay away from this company/ app if you need to do any sort of volume processing.

### 5/5 — Great app

*2026-01-05, version 2.9.55*

Love how it’s easily integrated

### 4/5 — Cool app with monthly fee

*2025-08-27, version 2.9.52*

The app has a free trial, but a monthly or yearly subscription is required after 50 scans. I couldn’t find that information prior to use the app.

### 3/5 — Downgraded for terrible support

*2025-06-14, version 2.9.48*

UPDATE 6-13/2025: (not so good)
 I am not sure if this coincides with the name change from IQBoxy to Veryfi,  but the support is basically non-existent. I have had data corruption issues since  Aug 2023 causing me to loose 20% of my receipts. After months of no resolution I am informed there is a “development freeze” with no guarantee the issue will be resolved and I am offered last month’s payment refunded.  A 10-year paying customer and they offer me $5.99 back? First off, a development freeze should have no impact on supporting a paying customer on production code. I have been in hardware and software support for over 30 years. We had freezes all the time but we still support the production environment and our customers. It is a shame as the core app is excellent but without support it’s useless. Also, give us a phone number and a real person to talk to. At minimum a customer service portal where we can submit and track our issues

My ORIGINAL REVIEW when they were IQBoxy. (It still applies)

I am an app addict and I can say with confidence that this is the best receipt app that I have used, and  I have tried a lot! I have completely replaced my bulky and inconvenient NeatReceipts setup. No more stuffing my receipts in my wallet, pocket or glove box until I can sit down at the laptop, unwrinkle my receipts and feed them through the scanner one at a time. That is if I can find all the old receipts and they hadn't faded so much I can't scan them. Now I just snap a photo of receipt and throw it away before I even step foot out of the store. Better yet I have setup  my receipt email address to iqBoxy at stores that email receipts. This way I don't even need to snap a pic. Then in my leisure (waiting in line at Dutch Brothers for a coffee),  I launch IQBoxy verify the receipt and fill in the tags. With my Rules I have set much of this is also done. The app is not perfect but none are. The reason I give it 5 stars even though it is not perfect is that they are very responsive to my requests and implement fixes and features quickly. One feature that would be nice is if the tag search and tag add were combined into one entry. If you keyed in a tag that was not already defined, the app would ask you if you would like to add it. Kudos IQBoxy!

### 5/5 — My review

*2025-05-29, version 2.9.46*

I find this app very good. Definitely recommend.

### 1/5 — Recent technical issues

*2025-04-12, version 2.9.41*

I have used this app since about 2019 and was initially quite impressed, and in many ways, still am with what they do, however, if you are small, one does not receive any customer service when there are technical issues. I’ve been having issues since January (reported again since last year) with repeating bank feeds after reconciliation and  issues with failed reports.  Thus all the reports fail to generate and they have not resolved the duplicating feeds. So guess I need to give up on them.

### 1/5 — Subscription changed without warning or consent

*2025-02-10, version 2.9.37*

Subscription changed from cost effective annual to expensive monthly without notification or consent. And they apparently cannot change it back

### 1/5 — Poor quality app

*2025-02-09, version 2.9.37*

Tags stop adding up correctly. You pick the timeframe and it will add your tag totals to completely wrong figure for that timeframe. Scanning of receipts doesn’t work all the time. Not a good quality app.

### 4/5 — Was five star

*2024-12-14, version 2.9.33*

I’ve used this program for years and has been really a great program, but recently it consistently screws up the categories and the vendors and then it’s to change the vendor, major glitch!!!

### 2/5 — Not Discloo

*2024-11-26, version 2.9.31*

I did not know that there is a subscription. That should be stated clearly. So, how do I cancel my free trial? It’s a great app otherwise.

## Frequently asked questions about Veryfi Receipts OCR & Expenses

### What does Veryfi Receipts OCR & Expenses do?

This application provides fast and secure Optical Character Recognition (OCR) for capturing data from receipts, bills, and invoices. It automates manual data entry, saving users time on bookkeeping and project management tasks by extracting key details like vendor information, payment amounts, and line items.

### What are the key features of this app?

Key features include swift OCR capture, AI-powered extraction of transaction details (including handwritten notes), vendor recognition from logos, categorization based on accounting codes, and a secure vault for storing business documents. It also offers project management tools, custom reporting, and team collaboration features.

### Is this app free to use?

Based on the provided information, the app is listed as 'free' and does not have in-app purchases or ads. This suggests that the core functionality is available without direct cost to the user.

### What kind of data can be extracted from receipts?

The app can extract a wide range of data, including vendor names, payment information, total amounts, taxes, and individual line items. It can also identify dates, times, payment types, and currency with automatic conversion. For invoices, it provides rich OCR text and line item details.

### Who is the target audience for this app?

This app is designed for businesses and individuals who need to streamline their financial record-keeping. It is particularly beneficial for those in industries like AEC (Architecture, Engineering, and Construction) who can leverage its features for efficient job costing and automated bookkeeping.

## Version history (last 5 releases)

### 2.9.63 — 2026-07-06

- Fixed issues with categorization loading and assignation
- Updated Lens to latest version for improvements
- Fixed visual issues while launching Lens camera

### 2.9.62 — 2026-06-23

- Added latest improvements for Lens scanning
- Fixed gallery backup issue on limited access
- Fixed vendor filtering results
- Fixed notification bell reset states

### 2.9.61 — 2026-05-29

Small bug fixes and improvements

### 2.9.60 — 2026-05-22

- Improved scanning stability
- Updated Camera UI
- Added latest Lens features, including local fields extraction visibility on preview

### 2.9.59 — 2026-05-11

- Updated Lens features (new UI, superman mode and more)
- Fixed small issues on inbox loading and delete states
- Improved copy text on no documents view

## Apps similar to Veryfi Receipts OCR & Expenses

| App | Rating | Price | Category |
| --- | --- | --- | --- |
| [Intuit QuickBooks for Business](https://appshunter.io/ios/app/intuit-quickbooks-for-business/id584606479) | 4.7 (254,224) | Free | Business |
| [Tofu Expense: Receipt Tracker](https://appshunter.io/ios/app/tofu-expense-receipt-tracker/id6443700019) | 4.7 (440) | Free | Business |
| [Tofu: Accounting & Bookkeeping](https://appshunter.io/ios/app/tofu-accounting-and-bookkeeping/id6444800065) | 4.6 (296) | Free | Business |
| [Accounting App - Zoho Books](https://appshunter.io/ios/app/accounting-app-zoho-books/id710446064) | 4.8 (5,008) | Free | Business |
| [Neat: Business Receipts](https://appshunter.io/ios/app/neat-business-receipts/id1490480504) | 4.4 (148) | Free | Business |
| [Xero Accounting for business](https://appshunter.io/ios/app/xero-accounting-for-business/id441880705) | 4.6 (1,631) | Free | Business |

## More apps by Veryfi, Inc.

- [Cards Wallet](https://appshunter.io/ios/app/cards-wallet/id1078036373)
- [Logbook by Veryfi](https://appshunter.io/ios/app/logbook-by-veryfi/id1299311240)
- [Timesheets Time Tracker](https://appshunter.io/ios/app/timesheets-time-tracker/id1434324750)
- [Veryfi Lens](https://appshunter.io/ios/app/veryfi-lens/id1498300628)
- [Veryfi Embedded](https://appshunter.io/ios/app/veryfi-embedded/id6754493154)

All apps by Veryfi, Inc.: https://appshunter.io/developer/1193475849

## Related topics

[bookkeeping receipt](https://appshunter.io/ios/topics/bookkeeping-receipt) · [elephant bookkeeping](https://appshunter.io/ios/topics/elephant-bookkeeping) · [ocr receipts](https://appshunter.io/ios/topics/ocr-receipts) · [qyon bill](https://appshunter.io/ios/topics/qyon-bill) · [scan receipts budget](https://appshunter.io/ios/topics/scan-receipts-budget) · [ai receipt](https://appshunter.io/ios/topics/ai-receipt) · [sage ecapture](https://appshunter.io/ios/topics/sage-ecapture) · [1099 bookkeeping](https://appshunter.io/ios/topics/1099-bookkeeping) · [receipt wrangler](https://appshunter.io/ios/topics/receipt-wrangler) · [the shoebox](https://appshunter.io/ios/topics/the-shoebox) · [specto auditing](https://appshunter.io/ios/topics/specto-auditing) · [sixth sense software](https://appshunter.io/ios/topics/sixth-sense-software) · [bookkeeping banking](https://appshunter.io/ios/topics/bookkeeping-banking) · [bookkeeping accountant](https://appshunter.io/ios/topics/bookkeeping-accountant) · [dcbi expenses](https://appshunter.io/ios/topics/dcbi-expenses) · [yardi procure to pay](https://appshunter.io/ios/topics/yardi-procure-to-pay) · [yolanda stevenson](https://appshunter.io/ios/topics/yolanda-stevenson) · [e7sebly](https://appshunter.io/ios/topics/e7sebly) · [1185 aota](https://appshunter.io/ios/topics/1185-aota) · [auditsage](https://appshunter.io/ios/topics/auditsage)

---

*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-03.*