What does the name Eved mean?

The name "Eved" comes from a Hebrew root word meaning "service," reflecting the company's foundational commitment to providing exceptional service alongside its payment and AP automation software for events, media, and entertainment industries.

How does Eved's approach to service differ from typical AP platforms?

Unlike many AP and vendor management platforms that prioritize automation over service, Eved was founded on the principle that service is paramount, building its software as a service company that happens to create excellent payment solutions.

What industries does Eved specialize in for payment solutions?

Eved specializes in providing AP automation and payment solutions for the events, media, and entertainment industries, including film, TV production, and music, addressing their unique needs for vendor management and global payments.

What are the core offerings of the Eved platform?

The Eved platform offers EvedAP for managing workflows like invoices, POs, and budgets; EvedPay for aggregating and dispersing global payments across 200+ countries and 140+ currencies; and EvedPay Card for virtual and physical prepaid cards for on-site expenses.

How does Eved help with vendor management and onboarding?

Eved streamlines vendor management by automating onboarding processes, including W-9/W-8 collection, TIN verification, OFAC screening, and bank validation, allowing vendors to onboard once and be available across multiple productions or events.

Eved: Why Our Name Means Service in Event & Production Payments