Verifi Review - why 3.2 stars?

Verifi Review
ITQlick Score: 53/100
ITQlick Rating:
Pricing: 6.6/10 - high cost
Category: Governance, Risk and Compliance (GRC) -> Verifi review
Ranking:Ranked 62 out of 68 Governance, Risk and Compliance (GRC) systems
Company: Verifi, Inc.
Typical customers: Medium and large size businesses
Platforms: Desktop, Cloud
Links: Verifi pricing, Verifi alternatives
Shlomi LaviShlomi Lavi / updated: Nov 05, 2019

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What is Verifi?

Verifi is a business intelligence and payment management solution for businesses of all sizes. It also offers billing management along with dynamic transaction routing and enterprise reporting. The software was designed and launched by Verifi Inc headquartered in California, United States.

Who is it best for?

Customers of the software include small and medium businesses as well as large enterprise. It has been deployed in a wide range of major industries some of which include financial services, retail and sale, automation, manufacturing, media and entertainment, and others.

Main features and functionalities

Business intelligence capabilities offered by the software include IP intelligence management, geo-location and proxy-piercing information, device information and reputation scoring, cardholder authentication protocol for e-commerce transactions, and real time dynamic rules engine. Support is offered for both financial and non-financial transactions.

For efficient payment management, the software offers dynamic transaction routing which offers a single user interface for all kinds of transaction processing. Transaction processes are consolidated across multiple merchant accounts through a single account and interface.

The software offers support for popular dynamic processing networks to provide better uptime and protection of revenue. Billing management is offered for recurring, installment, and subscription payments. Other services include multi-currency support, enterprise reporting, secure payment solutions, and data analytics.

What is the actual cost?

ITQlick pricing score is 6.6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Verifi.

How it stacks up?

Access a head to head analysis of Verifi vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Verifi
ITQlick rating
3.2/5
Score
53/100
Pricing
6.6/10
License pricing
Pricing not available
Functionality
5
Review
Compare
ARIS
ITQlick rating
4.3/5
Score
90/100
Pricing
5.2/10
License pricing
$100 per user/month
Functionality
4
Review
ControlScan
ITQlick rating
3.7/5
Score
89/100
Pricing
4.8/10
License pricing
$249 per license
Functionality
4
Audit (M...
ITQlick rating
5/5
Score
89/100
Pricing
4.6/10
License pricing
$10,000 per year
Functionality
3
DocRead ...
ITQlick rating
3/5
Score
89/100
Pricing
4/10
License pricing
Pricing not available
Functionality
3

Frequently Asked Questions (FAQs)

Is it the best Governance, Risk and Compliance (GRC) system?

Verifi is ranked 62 out of 68 software in their category (Governance, Risk and Compliance (GRC) systems).

How they are rated on ITQlick?

The rating of Verifi is 3.2 stars out of 5 and the total score is 53 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Verifi makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Verifi can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Verifi and alternatives?

The most popular alternatives to Verifi in 2024: ARIS, ControlScan, Audit (Medgate), DocRead for SharePoint, ERA Kairos. Access the complete competitors analysis here - Verifi VS Governance, Risk and Compliance (GRC) Software alternatives.

List of categories

BI & Analytics
Fraud Management

List of features

Data Import/Export
Basic Reports
Online Customer Support

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.