Case Study: TTT Studios achieves faster, standardized global payments with Veem

TTT Studios saves $35 per international payment with Veem

TTT Studios, a custom software and IT services company based in Vancouver, faced challenges with its accounts payable and receivable processes. The company struggled with the transaction limits of Canada's Interac system and the high costs and inefficiency of sending international wire transfers to its global contractors. Founder David Hobbs sought a solution to standardize payments and eliminate these friction points, ultimately turning to the global payments services from Veem.

By implementing Veem, TTT Studios standardized all contractor payments, both domestic and international. The solution from Veem eliminated a $35 wire fee per international payment, reduced payables timing by 50%, and saved over two hours per month by going fully digital. The company also benefited from Veem's competitive exchange rates and now has a streamlined payments partner to support its future business expansion.

TTT Studios