Human Bookkeeping vs. Veryfi AI OCR: Fast & Accurate Invoice Data Entry 🤖

#invoice #quickbooks #qbo

In this video we compare:
(a) a human bookkeeper doing data entry of an invoice data set inc. line items into QBO (Quickbook Online) accounting software for over 10 minutes per invoice. Such a boring and tedious activity right.
(b) followed by a demo of Veryfi AI used to capture the document with a picture, process it (essentially doing data extraction) with instant push to QBO for recording the entry inc. line items in seconds.

BENEFITS OF VERYFI AI OCR
(a) Time Saving. 10 mins human vs 5 seconds. AI saves you an hour for every 5 invoices.
(b) Eliminates boring and tedious data entry. Because let's face it, no one likes doing this by hand.
(c) Reduces the 25% human error rates. Biggest cause of financial mistakes and #1 cause of personal bankruptcy in the US.

HOW TO CONNECT WITH QBO/QUICKBOOKS
To connect to QBO/QuickBooks, small business accounting program offered by Intuit, just follow the instructions here https://www.veryfi.com/connected-apps/quickbooks-online-qbo/

TEST DRIVE VERYFI AI OCR
Signup in 1 minute and be up and running in another minute. Yes it's that fast an easy with a friendly self-serve developer portal. No credit card req to start. Start here: https://hub.veryfi.com/api/youtube/

WHO IS VERYFI
Veryfi is a data transformation platform capable of turning documents into data in seconds with accuracy & speed surpassing humans. Veryfi gives you a fully integrated suite of data transformation products for you to securely capture, extract and transform bills, receipts and invoices into structured data for use in your app, website or backoffice. To learn more https://www.veryfi.com/