How does Eved integrate with or complement Entertainment Partners Payroll for comprehensive production finance management?

Eved complements Entertainment Partners Payroll by focusing on the automation and optimization of all non-payroll vendor and project payments. While Entertainment Partners handles cast and crew payroll, Eved manages everything else—from equipment rentals, location fees, and catering to marketing agencies and specialized services. This provides a holistic view of all expenditures, ensuring complete financial visibility and control across your entire production or event budget.

What types of payments does Eved manage that traditional payroll services don't cover?

Eved manages a wide array of non-payroll payments including, but not limited to, vendor invoices for equipment, venues, catering, travel, accommodation, marketing, contractors (who are not on payroll), freelancers, software licenses, and various project-specific services. Essentially, Eved handles all accounts payable related to the operational costs of events, media productions, and entertainment projects.

Can Eved help with international vendor payments and multi-currency transactions?

Yes, Eved is designed for global operations. Our platform supports multi-currency transactions and facilitates international vendor payments, ensuring compliance and efficiency regardless of geographical boundaries. This is particularly beneficial for global events or international film productions with diverse vendor bases.

How do Eved's virtual cards enhance payment security and control for project expenses?

Eved's virtual cards offer enhanced security and control by allowing users to issue single-use or limited-use cards with specific spending limits, expiration dates, and merchant restrictions. This minimizes fraud risk, provides real-time tracking of expenses, and eliminates the need for physical cards or personal expense reimbursements, streamlining reconciliation significantly.

Is Eved suitable for both large-scale productions and smaller events?

Absolutely. Eved's scalable platform is designed to cater to organizations of all sizes, from large-scale film studios and global event agencies to smaller production companies and independent event organizers. Our flexible solutions can be tailored to meet the specific needs and complexities of any project or event, ensuring efficient financial management regardless of scale.

How does Eved complement Entertainment Partners Payroll?

Eved complements Entertainment Partners Payroll by specializing in the automation and streamlining of all non-payroll vendor and project payments for events, media, and entertainment, while Entertainment Partners focuses on cast and crew salaries.

What types of payments does Eved manage?

Eved manages a wide array of non-payroll expenditures, including payments for vendors, suppliers, venues, equipment rentals, catering services, marketing agencies, and other specialized services crucial for events and productions.

What are the benefits of using Eved for vendor and project payments?

Using Eved for vendor and project payments enhances efficiency, reduces errors, mitigates fraud risk, improves financial visibility, and ensures meticulous tracking, approval, and reconciliation of all non-payroll expenditures.

Can Eved handle global payments for events and productions?

Yes, Eved is designed to manage global payments, offering robust solutions for diverse and often international vendor payments, which is critical for large-scale events and media productions worldwide.

What is AP automation in the context of event and media production?

AP automation in event and media production refers to using technology, like Eved's platform, to automate the entire accounts payable process for non-payroll expenses, from invoice receipt and approval to payment and reconciliation, significantly boosting efficiency and control.

Beyond Entertainment Partners Payroll: Vendor & Project Payments