Veryfi platform pricing has three tiers: a free plan that processes up to 100 documents a month, a Starter plan with a $500 a month minimum commitment, and a quote-based Growth plan with volume discounts. On Starter, extraction is billed by document type: receipts cost $0.08 each, invoices and W-2 or W-9 forms $0.16, and bank checks and bank statements $0.25. Those unit rates are the part everybody quotes. The $500 minimum is the part that decides your bill.
The figures below come from Veryfi's own platform pricing page rather than a directory listing, because the directory listings for this category are routinely two pricing models out of date.
How much does Veryfi cost per month?
Three plans, and only one of them has a number attached to it.
| Plan | Price | What you get |
|---|---|---|
| Free | $0, up to 100 documents a month | All document types, SDKs for development, platform access, limited storage, email support |
| Starter | $500 a month minimum commitment, then usage | Adds the API Hub, and Embedded, Fraud Detection and The Vault as paid add-ons |
| Growth | Quote, with volume discounts | Adds document capture, product matching, workflows, unlimited storage, custom retention, model training, SLA options, SAML single sign-on and quarterly reviews |
Veryfi also offers a 14 day trial with no credit card. The free plan is not a trial: it runs at 100 documents a month indefinitely, which is enough to build against the API and prove the extraction quality on your own paperwork before anyone signs anything.
What does Veryfi charge per document?
Veryfi is unusual in this market because it prices by what the document is, not by how long it is. A bank statement is one unit whether it runs 2 pages or 40.
| Document type | Free plan | Starter rate | Growth |
|---|---|---|---|
| Receipts | Up to 100 per month | $0.08 per receipt | Volume discounts |
| Invoices | Up to 100 per month | $0.16 per invoice | Volume discounts |
| W-2 and W-9 forms | Up to 100 per month | $0.16 per form | Volume discounts |
| Bank checks | Up to 100 per month | $0.25 per check | Volume discounts |
| Bank statements | Up to 100 per month | $0.25 per statement | Volume discounts |
| 100+ other document types | Up to 100 per month | Contact sales | Contact sales |
Two things follow from that table, and neither is obvious from the headline rate.
Why the $500 minimum matters more than the unit price
At $0.16 an invoice, $500 buys 3,125 invoices. Until you are processing roughly that many every month, the list rate is not the price you pay. The minimum commitment is a floor, so the effective cost per document is whatever $500 divided by your actual volume works out to.
| Invoices per month | Extraction at $0.16 | Actually billed | Effective cost per invoice |
|---|---|---|---|
| 100 | $16 | $500 | $5.00 |
| 300 | $48 | $500 | $1.67 |
| 1,000 | $160 | $500 | $0.50 |
| 2,000 | $320 | $500 | $0.25 |
| 3,125 | $500 | $500 | $0.16 |
| 10,000 | $1,600 | $1,600 | $0.16 |
A three person accounts payable team running 300 supplier invoices a month pays $1.67 per invoice, which is more than ten times the advertised rate. That is not a hidden fee and Veryfi states the minimum plainly. It is simply a platform sold to companies embedding extraction into a product, and the floor is doing the job a sales qualification usually does.
The break-even volume moves with the document type, and it moves a long way. At $0.25 a bank statement you need 2,000 statements a month to reach the list rate. At $0.08 a receipt you need 6,250. The cheaper the unit, the more of them you have to buy before the unit price is real.
Does the document type change what you pay?
Yes, by up to three times for the same piece of paper. A one page document costs $0.08 through the receipt endpoint, $0.16 through the invoice endpoint and $0.25 through the bank statement endpoint. The file has not changed; the model you called has.
In practice that makes routing a budget decision rather than a technical one. If a supplier sends something that is arguably either a receipt or an invoice, the endpoint you pick doubles or halves that line. Veryfi sells a document classification add-on to make that call automatically, which is sensible, and it is an add-on rather than an included feature.
What costs extra on Veryfi?
A fair amount of what buyers assume is included is sold separately on top of the per-document rate. On Starter and Growth these are add-ons: the Fraud Detection Suite, the GenAI Detector for machine-generated fakes, document classification, product intelligence for decoding line-item SKUs, and the PDF content splitter that separates a PDF containing several receipts into individual documents.
Growth is where the enterprise controls live. Unlimited storage, custom data retention, model fine-tuning, SLA options, SAML single sign-on, Slack support and quarterly business reviews are all on the quote-based tier. The mobile and browser capture SDKs are quote-only as well. If a vendor attestation or a retention schedule has to satisfy your own auditors, budget for Growth rather than Starter.
One more thing worth knowing before you compare quotes: Veryfi's expense management product is priced separately from the platform and lives on its own page. If what you actually need is software that reads employee receipts and categorizes the spend rather than an extraction API you call from your own code, you are looking at the wrong price list entirely.
Is Veryfi free?
There is a genuine free tier: up to 100 documents a month at $0, with access to all document types and the SDKs, limited storage and email support. It does not expire. For a pilot that is generous, because 100 real invoices is more than enough to judge whether the field-level accuracy holds up on your own suppliers. What it will not tell you is what happens at volume, since the pricing question at volume is the $500 floor rather than the extraction itself.
How does Veryfi pricing compare with per-page and per-file tools?
Every vendor in this category meters something different, which is why quotes are so hard to line up side by side. Veryfi counts documents by type. Parseur pricing counts one credit per PDF page, so long documents are expensive and row count is irrelevant. Nanonets pricing counts each workflow block, charging per page for extraction and per table row for formatting, so a long dense table costs twice. Docsumo pricing counts pages against a monthly allowance that does not roll over. DocuClipper pricing counts pages too.
| Vendor | Billing unit | A 30 page bank statement costs |
|---|---|---|
| Veryfi | Per document, priced by type | 1 unit, $0.25, subject to the $500 floor |
| Parseur | Per PDF page | 30 credits |
| Nanonets | Per block run: pages and rows | Pages for extraction, rows for formatting |
| PDFXLSX | Per file | 1 conversion |
Before you ask anyone for a quote, write down three numbers for a typical month: how many files, how many pages in an average file, and how many table rows in an average file. Every vendor's price becomes comparable the moment you have those, and not before.
Is Veryfi worth it for PDF to Excel?
It depends on where the data is going. Veryfi is a document capture and extraction platform: mobile and browser capture SDKs, models that return named fields as JSON, fraud detection, and an API you call from inside your own application. If you are building a product that ingests receipts, or wiring extraction into an existing system, that is exactly what it sells and the $500 floor is a reasonable price of admission.
If the data is going into a spreadsheet so a person can reconcile it, you are buying an engineering platform to do a conversion. The output shapes differ too: an extraction API returns the fields it was trained to find, while a table converter returns every row that was on the page. For a statement you are tying out line by line, the second shape is the one you want.
That is the job our PDF parsing tool is built for. Every table comes back as rows in XLSX or CSV, OCR runs on scanned pages on every plan, and one file counts as one conversion whatever its page count. Plans are flat: Starter at $49 a month for 50 files, Plus at $99 for 500 with batch upload, and Pro at $199 for unlimited files plus the PDF to Excel API, with no minimum commitment and no sales call. The full breakdown is on our pricing page.
If you are costing a specific document rather than a platform, converting invoice PDFs to Excel and converting credit card statements to Excel walk through the tie-out we recommend running on whichever tool you pick, and OCR PDF to Excel covers what to check when the documents are scans rather than digital files.