Case Study: IonOptix achieves faster, lower-cost international payments with Veem

Hearts and Minds Saving Lives with IonOptix

IonOptix, a scientific instrumentation company serving heart and vascular research, needed a faster, simpler way to handle international vendor payments as it expanded in the U.S., Europe, and beyond. Before Veem, the team relied on costly bank wires, intermediary bank fees, and time-consuming manual processes that could take nearly an hour per payment and created invoicing headaches.

Veem helped IonOptix streamline cross-border payments, reducing the time to send a wire from about an hour to just five minutes. With Veem, IonOptix also eliminated many of the extra bank fees and uncertainty around how much money would arrive, saving time and money that the team could put back into R&D and business growth.

IonOptix

Tom Udale

Chief Executive Officer