Case Study: Solve Services saves on payment fees and speeds up AP with Veem

Solve Services saves $900+ in annual payment fees with Veem

Solve Services, a bookkeeping firm serving wineries in Napa Valley, faced significant challenges with inefficient international payments for its clients. The process of sending wires for mission-critical items like barrels from France was cumbersome, disrupting business flow and creating a reconciliation "black hole" with no transparency into fees or exchange rates. This prompted founder Geni Whitehouse to seek a solution from the vendor Veem.

By implementing Veem's global payments service, Solve Services gained full transparency into transaction details, including exact costs and exchange rates at the point of payment. This solution decreased average payables time from four days to two and reduced payment delays by 80%. Additionally, the firm saved over $900 in annual payment fees. Veem provided a seamless and cost-effective solution for both international and domestic transactions, making the accounting process far more efficient.

Solve Services