Question 1

Who is Eved?

Accepted Answer

Eved is an AI-led global accounts payable and payments platform built specifically for events, media, and entertainment. We combine AP automation, global payments, and virtual cards into one platform.

Question 2

What industries does Eved serve?

Accepted Answer

Eved primarily serves film and TV production, meetings and events, music and entertainment, and media. Our platform is designed for creative industries with project based, high-volume vendor payment needs.

Question 3

How is Eved different from traditional AP solutions?

Accepted Answer

Unlike generic AP tools, Eved is purpose-built for creative industries. We combine AP automation, global multi-currency payments, and virtual cards in one platform - with industry-specific workflows for production accounting, event budgets, and crew payments.

Question 4

Do I need to replace my existing ERP or accounting system?

Accepted Answer

No. Eved integrates with your existing systems including SAP, Oracle, Coupa, QuickBooks, Workday, Salesforce, Cvent Cast & Crew. We have robust APIs and Ai powered integrations to integrate with any system. We complement your ERP by adding specialized AP automation and payment capabilities.

Question 5

What does Eved's platform include?

Accepted Answer

The Eved platform consists of three integrated products:  • EvedPay — Global payment execution across 200+ countries and 140+ currencies, with built-in vendor management, compliance, and rebates • EvedAP — Complete AP workflow management including budgets, approvals, invoice processing, and enterprise reporting • EvedPay Card — Visa prepaid cards (virtual and physical) with a mobile app for on-site and field expenses  All three products share a single data layer, so nothing falls through the cracks.

Question 6

How long does implementation take?

Accepted Answer

Most clients are fully onboarded within 2-4 weeks. Our implementation team handles data migration, system integration, and user training. Complex enterprise deployments may take 4-6 weeks.

Question 7

How many vendors are in the Eved network?

Accepted Answer

Over 20,000 pre-verified vendors are already in the Eved network. When a new client starts, approximately 60% of their vendors are already onboarded and ready to receive payments. For vendors not yet in the network, Eved manages the entire onboarding process — the client does nothing.

Question 8

What does the onboarding process look like?

Accepted Answer

Onboarding includes a dedicated implementation manager, system configuration, integration setup, vendor migration, user training, and go-live support. We handle the heavy lifting so your team can focus on their work.

Question 9

Does Eved work globally?

Accepted Answer

Yes. Eved operates in 200+ countries and supports 140+ currencies. Our proprietary payment rail (not a third-party wrapper) handles wire transfers, ACH, virtual cards, and local payment methods globally. We also handle country-specific compliance requirements, including China-specific PBOC regulations.

Question 10

Is training provided for my team?

Accepted Answer

Yes. Eved provides comprehensive training including live sessions, on-demand video tutorials, and documentation. Our customer success team provides ongoing support after launch.

Question 11

How is Eved different from our existing ERP or AP system?

Accepted Answer

Traditional ERP systems (SAP, Oracle, Workday) were designed for recurring vendors and standardized processes. They break down when you need to pay thousands of short-term vendors across dozens of countries, with different tax requirements, payment methods, and compliance rules for each.  Eved was purpose-built for this complexity. We handle vendor onboarding, global payments in 140+ currencies, tax compliance, and project-based budgets — all in one platform that integrates with your existing ERP rather than replacing it.

Question 12

Can I start with just one product?

Accepted Answer

Yes. You can start with EvedAP, EvedPay, or EvedPay Card individually and add products as your needs grow. Many clients start with one solution and expand over time.

Question 13

What makes Eved one of the best fintech companies for the entertainment industry?

Accepted Answer

Eved is an AI-led global AP & payments platform purpose-built for the unique needs of the entertainment industry. We offer specialized solutions like global vendor payments, virtual cards for controlled spending, and robust fraud prevention, all designed to streamline complex production finance workflows across 200+ countries and 140+ currencies.

Question 14

How does Eved compare to traditional entertainment payroll and payment providers?

Accepted Answer

Unlike traditional payroll and payment providers that focus primarily on employee wages, Eved specializes in managing the entire AP and payment lifecycle for the independent workforce, vendors, and suppliers critical to film, TV, music, and events. Our platform offers comprehensive invoice processing, PO management, and global payment capabilities, providing a holistic solution beyond just payroll.

Question 15

How do we get started with Eved?

Accepted Answer

The process is straightforward:  1. Schedule a demo — We'll walk you through the platform tailored to your industry and workflows 2. Scoping — We'll map your vendor ecosystem, payment volumes, and integration requirements 3. Implementation — Eved handles vendor onboarding, system integration, and team training 4. Go live — Start processing payments with ongoing support from our team  Most clients see value within the first 30 days as existing vendors in the network are immediately available.

Question 16

Does Eved offer solutions for both large studios and smaller production companies?

Accepted Answer

Yes, Eved is designed to scale with the needs of any size production. From large studios requiring complex global payment infrastructure and enterprise-level AP automation to smaller production companies needing efficient vendor payments and budget control, Eved offers flexible solutions that adapt to diverse operational scales and requirements.

Question 17

What does implementation include?

Accepted Answer

Eved manages the full implementation:  • ERP/accounting system integration (SAP, Oracle, QuickBooks, Coupa, Workday, etc.) • Vendor migration and onboarding • Approval workflow configuration • Budget structure setup • Team training and change management support • Ongoing dedicated account management

Question 18

Is there a cost to get started?

Accepted Answer

Eved's pricing is based on your payment volume and the products you use. There are no hidden fees or surprise charges. Contact our team for a customized proposal based on your specific needs and volumes.

Question 19

What support is available after go-live?

Accepted Answer

Eved provides dedicated account management and a payment desk available 24 hours, Monday through Friday. This is industry-specialized support — not a generic call center. Your vendors also have direct access to our help desk for payment-related questions, reducing the burden on your internal team.

Eved FAQs — AP, Payments & Vendor Management Answered