How much does an invoice OCR API cost per month?

What does an invoice OCR API cost per month in 2026?

For 500 single-page invoices a month, published list prices run from $0 to $500. LlamaParse and Azure Document Intelligence are free at that volume on their standing monthly allowances. AWS Textract charges $5. ParseRail charges $40. Mindee charges $44. Google Document AI charges $50. DocuClipper charges $159. Veryfi charges $500, because its $500 a month minimum commitment applies whether you send 500 invoices or five.

That hundredfold spread is not an accuracy spread and it is barely a rate spread. Veryfi’s $0.16 an invoice is the second cheapest headline rate in this set, and it produces the most expensive monthly bill at two of the three volumes below. The number that decides a small bill is the floor, not the rate.

What does it cost to process 500 invoices a month?

Five hundred invoices a month is the volume a small finance product or an internal tool actually starts at. Priced from each vendor’s published rates:

1. LlamaParse and Azure: $0. 500 pages sits inside LlamaParse's 10,000 free credits a month at 1 credit per page, and inside Azure's free band of 0 to 500 pages a month. Both are genuinely free at this volume.
2. AWS Textract: $5. 500 pages x $0.01 on AnalyzeExpense. No minimum. You assemble the pipeline yourself.
3. ParseRail: $40. 500 invoices x 8 credits is 4,000 credits, which is two $20 Starter packs. No plan, no minimum, charged only on success.
4. Mindee: $44. The Starter floor, billed annually at $529 a year. It carries 6,000 credits, so you pay for 6,000 pages and send 500.
5. Google Document AI: $50. 500 counts x $0.10 on the Invoice parser. One count is a document of up to 10 pages.
6. DocuClipper: $159. 500 pages does not fit the 300-page Starter step, so the Business tier at 640 pages applies. Unused pages do not carry forward.
7. Veryfi: $500. 500 invoices x $0.16 is $80 of usage, but the $500 a month minimum commitment applies. Effective rate: $1.00 an invoice, 6.25 times the published $0.16.

Two of those deserve saying plainly, because they cost us the sale. AWS Textract is eight times cheaper than we are at this volume and it will stay cheaper at every volume on this page. If per-document cost is the only thing you are optimising and you are already inside AWS, use Textract. And LlamaParse’s free plan covers every volume on this table in its cheapest parsing mode, so if basic parsing is enough for your documents, it costs nothing. What we sell against those two is the absence of a floor and validated fields on the way out, documented at /endpoints/invoice.

What does it cost to process 2,000 invoices a month?

At 2,000 invoices a month the ordering changes, and it changes for one reason: Mindee’s floor stops being wasteful. Mindee still charges $44 a month, because 2,000 pages remains inside the 6,000 credits its smallest volume carries, which makes it the cheapest paid option in this set at this volume. AWS Textract charges $20. ParseRail charges $139, being a $99 Team plan for 13,000 credits plus two $20 Starter packs to cover the remaining 3,000 of the 16,000 credits 2,000 invoices burn. Google Document AI charges $200. DocuClipper charges $400, its Enterprise step at 2,000 pages. Veryfi still charges $500, because $320 of usage is still under the minimum.

Veryfi’s minimum stops binding at 3,125 invoices a month, which is $500 divided by its $0.16 rate. Below that number you are paying for documents you did not send. Above it you are paying the rate. Nothing on Veryfi’s pricing page states that crossover, and it is the single most useful figure for deciding whether Veryfi is expensive or cheap for you.

What does it cost to process 10,000 invoices a month?

At 10,000 invoices a month every minimum has been absorbed and the per-document rate finally is the bill. AWS Textract charges $100. Mindee moves to its Pro plan at $116 a month billed annually, $1,393 a year, because 10,000 pages exceeds Starter’s 6,000 credits. ParseRail charges $719 at the cheapest published combination of plan and packs, a $99 Team plan plus a $500 Scale pack, a $100 Growth pack and a $20 Starter pack, covering 80,500 of the 80,000 credits needed. At the flat $0.08 list rate with no plan it is $800. Google Document AI charges $1,000. Veryfi charges $1,600, now genuinely 10,000 x $0.16 with the minimum no longer relevant.

Two vendors drop off the table here. DocuClipper’s published ladder stops at 5,000 pages on its Enterprise volume selector, so 10,000 has no published price. Azure Document Intelligence renders every paid per-page figure as a $- placeholder on its own pricing page, so beyond its free 500 pages a month it cannot be priced from public information at all. Where a vendor does not publish a number, this page publishes none.

Why is the per-document rate the wrong number to shop on?

Because a minimum has no per-document expression until you fix a volume, and every published comparison, including our own sibling page, lists the rate. Ranked by headline rate alone, Veryfi at $0.16 an invoice looks mid-table and DocuClipper looks unpriceable. Ranked by what leaves your account at 500 invoices a month, Veryfi is last at $500 and DocuClipper is second last at $159. The rate was accurate. It was also the wrong question. The rates themselves, across thirteen APIs, are on invoice OCR API pricing compared.

Three questions settle it faster than a rate table. First, what is the smallest amount this vendor will take from me in a month where I send one document? Second, at what volume does that floor stop binding, which is the floor divided by the rate. Third, do unused units carry forward, because DocuClipper states that they do not and most plan-based vendors are the same. A vendor that answers all three on its own pricing page is rarer than it should be.

Methodology

Every figure on this page is arithmetic over a price read from the vendor’s own public pricing page, never from a summary, a reseller, or a remembered figure. Where a vendor does not publish a number, this page publishes none. All prices are US list prices for single-page invoices with no negotiated discount, and plan prices are stated with their billing period because several of these vendors quote a monthly figure that is only available on an annual commitment.

Read fresh on 6 September 2026. Veryfi was unchanged: “$0.16 per invoice”, a Starter tier carrying “$500/mo minimum commitment which buys you <5k docs per month”, and a free plan of “up to 100 docs/mo”. Mindee was unchanged: Starter at “$44/month” “Billed annually · 529/year”, a smallest volume of 6,000 credits, and a credit defined as “the total number of physical pages submitted to the API, regardless of document type or file format”, with a 14-day trial and no recurring free tier. Azure still shows “0 - 500 pages free per month” and still renders every paid per-page price as a placeholder, so its two per-page figures remain marked unverifiable in our register rather than carried forward as though they were current.

DocuClipper was priced from its own structured data, not from its rendered page. That vendor serves the annual numerals in both states of its monthly and annual toggle, so a plain fetch silently reports annual prices as monthly ones. Its page also publishes schema.org Offer blocks, which carry Starter 60 at a price of 29 with a unit of MONTH and Business 640 at 159. Those are the figures used here, and they agree with the rendered reading our register took through the toggle on 4 September 2026.

Carried from the register. AWS Textract’s AnalyzeExpense rate of $0.01 a page for the first million pages a month, and Google Document AI’s Invoice parser at $0.10 per count with one count defined as a document of up to ten pages, were both re-read at source on 3 September 2026. LlamaParse’s free plan of 10,000 credits a month, its $1.25 per 1,000 credits rate and its basic parsing floor of 1 credit a page carry their 27 August 2026 reading; layout-aware and agentic modes spend more credits per page, so the free allowance covers proportionally fewer documents in those modes and this page prices only the basic mode. Every value is held in this repository’s dated-claim register and re-checked against source on a daily cycle; a value that cannot be re-read is marked rather than quietly kept.

This page carries no accuracy claims. Cost and packaging are what it compares; how well extraction actually performs is scored in the open at /benchmarks. For the per-document rate rather than the monthly bill, see invoice OCR API pricing compared; for which vendors run a genuine recurring free allowance, see free invoice and receipt OCR APIs; for receipts rather than invoices, see receipt OCR APIs compared. ParseRail is our product; its rates are the live platform rates, and the invoice endpoint they price is documented at /endpoints/invoice.