Veryfi vs Abbyy
Compare Veryfi and Abbyy's AI-driven computer vision, automation, and integration features. Learn which platform delivers superior scalability, vision-based analytics, and business efficiency for industrial and enterprise applications.
Veryfi
Process your docs in less time than it takes to read this.
Abbyy
The Intelligent Automation Company
Features
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Features
Veryfi
Abbyy
Automated Data Labeling
Transfer Learning & Fine-tuning
Deployment Flexibility (Cloud/Edge/On-premise)
Operates as a cloud-native platform and also offers API access for integration with mobile apps and other cloud-based solutions,
Offers flexible deployment options, including cloud (utilizes Azure) , on-premise, and hybrid deployments.
Real-time Processing & Inference
File Format Specialization
Model Explainability
API Customization & Integration
Model Scalability
designed to scale for both small-to-medium enterprises (SMEs) and large enterprises supporting high volumes of document processing,
Cater's to both small-to-medium enterprises (SMEs) and large enterprises with high-volume document processing
Pricing & Flexibility
Offers pay-as-you-go pricing starting at $500 per month, with options for custom plans that scale with document volume.
Offers flexible pricing models based on the volume of documents processed and specific business requirements
Features Conclusion
- Veryfi excels in real-time OCR for expense management and AP automation, providing seamless data extraction from receipts, bills, and invoices. It integrates well with financial platforms, making it highly suitable for industries needing fast, automated financial workflows
- ABBYY FineReader focuses on AI-driven OCR for converting and managing PDFs and scanned documents. It provides a broader range of capabilities for document editing, conversion, and data extraction across multiple file formats, ideal for businesses needing document digitization and workflow optimization
Pricing
Boosting volume doesn't mean spray & pray. See the pricing structure that can help you decide and convert MORE conversations
Veryfi
Free
$0* per month
Features
- Receipts & Invoices only
- Features for Development
Platform
- Limited Storage
- Email Support
* Process up to 100 docs/month
Pay As You Go
$500+ per month
Features
- Receipts & Invoices only
- Standard Features
Platform
- Limited Storage
- Email Support
* Limited to < 10K docs/month
Custom
Volume Based Price*
Features
- All Document Types
- All Features
- Add-on: Lens (Document Capture)
- Add-on: Product Matching
- Add-on: Fraud Detection
Platform
- Unlimited Storage
- Email and Slack Support
- SLA Options
- Advanced Model Training
- Quarterly Reviews
* Volume discounts for 10K+ docs/mo
Abbyy
Basic
Pricing not disclosed
Pricing not disclosed
Starter
Pricing not disclosed
Pricing not disclosed
Pricing Conclusion
- Veryfi typically starts at $500/month and offers a pay-as-you-go model, making it ideal for businesses that need real-time OCR and automated data extraction from invoices, receipts, and other financial documents. It scales well for organizations that process large volumes of documents
- ABBYY FineReader begins at a lower cost, around $16/month, with flexible pricing depending on features and document volumes. ABBYY's OCR and document conversion capabilities are more suited to businesses needing high-accuracy data extraction and management for various document types
Reviews
Veryfi
"VeryFi Invoice OCR API catapulted our development efforts forward by years"
What do you like best about Veryfi Receipts OCR & Expenses?
We needed an OCR solution that is powerful enough to process thousands of vendor invoice formats. VeryFi’s OCR Invoice API has met our needs and their customer service is first class! Implementing the API was straightforward, and it catapulted our development efforts forward by years.
Abbyy
"A stripped down, easy-to-use scanning solution"
What do you like best about ABBYY FineReader Engine?
ABBYY FineReader Engine provides a very sleek, stripped down, easy-to-use solution for scanning of physical documents. There is very little fluff to the program; it provides only options that are most used.
Compare Alternatives
Boosting volume doesn't mean spray & pray. See the best alternatives and decide your flow.
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Summary
Which One is Better?
- Veryfi is the better option for organizations focused on expense management, invoice automation, and financial document processing. Its real-time OCR capabilities and strong integrations with accounting systems make it ideal for finance departments
- ABBYY FineReader is more suited for businesses needing comprehensive document digitization and OCR across various document types, especially for tasks like converting PDFs and editing scanned documents
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