Case Study: Cloudbeds achieves faster, lower-cost global payments with Veem

Cloudbeds Helping Business Owners Sleep Soundly Through Tech

Cloudbeds helps small hospitality businesses around the world modernize operations with an all-in-one platform that includes a property management system, channel manager, and booking engine. As the company grew into a global, remote-first organization, it also faced the challenge of managing international payments, multiple currencies, FX, and costly, time-consuming bank wires for employees and clients.

To solve this, Cloudbeds used Veem to streamline cross-border payments and improve visibility into payment status. Veem helped Cloudbeds save about $1,000 to $1,800 per month by reducing wire fees, while also lowering the risk of lost payments and giving the finance team easier tracking and confirmation that everyone was paid on time.

Cloudbeds

Matthew Parry

Director of Marketing