What is the primary difference between Eved and Billtrust?

While both offer AP automation, Eved is an AI-led global AP & payments platform specifically designed for the unique, project-based, and global payment needs of the entertainment industry. Billtrust provides broader AR/AP automation solutions for various industries.

How does Eved handle W9 collection for independent contractors?

Eved features Self-Serve W9 Collection, where vendors onboard themselves into the Eved Network to digitally complete and submit W9 forms, including real-time TIN Checks. This process is highly efficient for the thousands of one-time vendors common in entertainment.

Can Eved make international payments?

Yes, EvedPay allows companies to make payments across 200+ countries and 140+ currencies, making it ideal for global productions and an independent workforce.

Does Eved replace existing accounting systems like SAP?

No, Eved is designed to integrate seamlessly with existing accounting and payroll systems, acting as a powerful extension, especially for the granular, project-based, and global payment needs that standard ERPs like SAP often struggle with in the entertainment industry.

What is Eved's per diem solution?

Eved's per diem solutions include direct per diem payments to bank accounts through a simple, easy-to-manage system, specifically avoiding the complexities of card management, which is often preferred by production crews and talent.

Can Eved handle multi-currency and global payments for productions?

Yes, Eved is designed to facilitate global payments across over 200 countries and 140+ currencies, making it ideal for international film productions, live events, and media projects that require payments to vendors worldwide.

What specific financial challenges does Eved solve for entertainment companies?

Eved solves challenges such as managing thousands of one-time vendors, ensuring compliance for independent contractors, handling complex per diem calculations, and streamlining multi-currency global payments inherent to film, TV, music, and live event productions.

Why is a specialized AP platform like Eved beneficial for entertainment finance?

A specialized AP platform like Eved is beneficial because it understands the granular requirements of entertainment finance, offering tailored solutions for project-based accounting, rapid vendor onboarding, and global payment complexities that generic AP systems often overlook.

What is Eved and how does it differ from Billtrust?

Eved is an AI-led global AP & payments platform specifically designed for the entertainment, media, and events industries, focusing on complex, project-based payments. Billtrust offers broader AR/AP automation for various businesses, optimizing general cash flow and invoice processes.

Which platform is best for managing production payments in film and TV?

Eved is purpose-built for the intricate, project-based payment needs of film and TV productions, offering specialized solutions for managing thousands of vendors, global currencies, and compliance unique to the entertainment industry.

Can Eved handle global payments for events and media?

Yes, Eved specializes in global payments, supporting multi-currency transactions, international tax compliance, and local payment methods essential for events, media, and entertainment productions operating worldwide.

What are the key benefits of using Eved for entertainment industry AP?

Eved offers benefits such as specialized vendor management for project-based work, AI-led invoice processing, multi-currency support, tax compliance, and robust reporting tailored to the unique financial demands of entertainment, media, and events.

Does Eved offer virtual cards for event payments?

Yes, Eved provides virtual cards for events, enabling secure, controlled, and efficient payments for vendors and expenses, which is crucial for managing budgets and spend in dynamic event environments.

Eved vs. Billtrust: AP & Payments for Global Entertainment