Like Veem, we believe that financial managers should be spending their time creating value and building relationships with their clients, not mired in the clumsy, costly and often frustrating process of international wire transfers
San Francisco, CA (PRWEB) August 31, 2017
Global business payments pioneer Veem Inc. announced today a partnership with cloud accounting service firm Acuity to streamline international payment processing on the Veem Platform. By adding Acuity to the Veem roster, the firm adds a new level of service for its customers. Acuity currently helps businesses manage bookkeeping, payroll, bill pay, invoicing and more.
With Veem, Acuity can now also offer their customers simple international wire transfers. Veem global invoices and payments take minutes to complete, not hours, and they come without the high wire fees or hassle. Veem provides direct connections between businesses, their suppliers, distributors and partners. Automated payment status through shared connections keeps all parties in the loop on payment status, boosting relationships and building trust. Veem’s payment dashboards provide real-time visibility into the status of payments and invoices to and from over 60 countries.
The partnership highlights another way for accountants looking to improve business processes through new cloud-based services. “New technologies and services that simplify our clients’ day-to-day work and improves our workflows is an essential part of what we do. We are excited to add Veem to our portfolio,” said Matthew May, COO of Acuity. “Acuity is one of the strongest cloud accounting firms in the industry and we’re very pleased to have forged this partnership,” said Veem CEO Marwan Forzley.
Acuity sees the future of the accounting industry as one of increased automation. As financial technology, software and tools become more available, affordable and powerful, they give small business owners and the accounting firms that serve them a real competitive edge. “Like Veem, we believe that financial managers should be spending their time creating value and building relationships with their clients, not mired in the clumsy, costly and often frustrating process of international wire transfers,” said May.
Acuity is a modern day accounting and finance department that helps build scalable accounting processes for growing businesses. Whether a business needs basic bookkeeping or dedicated CFO services, Acuity’s expert team of U.S.-based professionals serve as partners in financial growth, giving business owners the confidence and support needed to scale smarter.
Veem is a next generation platform for business-to-business payments. Veem enables businesses to send and receive payments in local currency with a few simple steps using our unique multi-rail technology across several global networks. Founded by a world class team of industry veterans with over 100 years of combined experience in payments, payment processing and banking IT infrastructure management, we aim to change the financial payment system through innovation. Our mission is to change the legacy financial payment system through innovation and improve the costly and outdated payments industry by building a new user focused financial ecosystem that services businesses globally.