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HPC Blog

April 19, 2018 at 8:30 AM

Veem Enables HPC Accounting & Tax Clients' International Payments

Written by
Sam Thomas
Sam Thomas |
Find me on:

Xero and Other Cloud Apps, Tax and Compliance, Tips & Tricks, Outsourced Accounting, Doing Business in the United States

Veem Enables HPC Clients' International Payments

HPC's partnership with Veem makes life easier for our global tax and accounting clients who send and receive money internationally. Veem allows for firms to send and receive payments to over sixty countries—and counting! Through multi-rail payment technology, Veem provides a convenience and a seamless global payment solution that eliminates the middleman. This equates to faster transfers, better tracking, and lower costs.

Here are a few ways Veem brings peace of mind to HPC's clients:

    • No wire fees. Veem brings simplicity to global wire transfers. Their group of payment experts have redesigned global money transfers to cut out needless stopswith the banks, correspondent bank delays and fees, and time spent filling out forms. Now, your payments get through on time and at a better rate than you are paying today.
    • Simplify bill pay. Payments can be set up on Xero and approved with one click on Veem, eliminating double entries and streamlining the way you pay your vendors domestically and abroad.
    • Mass upload. Veem users can create multiple invoices and payments in seconds.
    • No monthly fees.

Use Cases and Restrictions

Many of our clients have international inter-company payments, vendors they need to pay in foreign countries, and customers that need to pay from different currencies. Here’s how we typically use Veem:

  • Simple invite to our client from our partner dashboard
  • Client establishes their own free Veem Account login information
  • Client verifies their local bank information
  • One click bill payment, and international wire requests are now handled seamlessly through Veem with HPC’s support and oversight

Note, Veem is not available in all countries, but their list of countries are growing. This is a list of available countries and currencies.

Not sure what exactly to look for when finding a suitable global payment platform? HPC prepared an easy guide on some questions to ask when scoping potential platforms.

International Payments From Xero

To learn more about how Veem serves HPC clients who send and receive global payments, click here. 

Learn more about Veem

Sam Thomas

About Sam Thomas

Sam is responsible for driving HPC’s growth and developing strategic partnerships with partners who can bring additional value to our clients. Sam brings over 20 years of business development experience and has also spoken widely on how cloud technology is changing the delivery and capabilities for providing business advisory services.