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Veem
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3.7 out of 5 stars
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Veem Reviews & Product Details - Page 3

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Veem Overview

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What is Veem?

Veem helps businesses save time and optimize cash flow by simplifying the way they send and receive payments domestically and internationally. Trusted by more than 800,000 businesses in over 100 countries, Veem uncomplicates the end-to-end AP/AR process with seamless integrations to leading accounting software, real-time tracking on payments and cost-effective, flexible payment options. Now businesses have the power to pay how they prefer and eliminate friction with customers to get paid faster. Why small businesses love Veem: Incredibly simple to use - Start using Veem in a matter of minutes and realize the value of having one intuitive solution for both sending and receiving domestic and international payments to over 100 countries and over 70 currencies. Pay and get paid with little more than your vendor or suppliers email address. Send one or a thousand payments with just a few clicks. Veem un-complicates your end-to-end AP/AR payment process. Flexibility to pay and get paid on your terms - Get greater control with the ability to use the payment methods you prefer with more options and less constraints. Pay using ACH/EFT, check, wallet, and international wires with truly competitive rates. Pay with a debit or credit card even when your suppliers don’t accept them. Get paid faster and reduce friction by allowing your customers with multiple methods–even credit cards without having a merchant account! Efficiency that saves time and increases visibility - Streamline your end-to-end AP/AR process with a solution that is able to automate payment approval workflow and recurring invoices and payments, and integrates with your accounting software to reduce double-data entry and errors and allow for automatic seamless reconciliation. Know exactly where your payments are with detailed tracking that your vendors can see, too. Confidence and security - Gain payment transparency and process visibility with a secure solution that has you covered with best-in-class 24/7 expert support via email, chat and phone. Veem’s verified business payments network ensures payments are sent securely and reliably, and Veem is PCI DSS compliant and SOC2 certified.

Veem Details
Discussions
Veem Community
Languages Supported
German, English, French, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Chinese (Traditional)
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Product Description

All businesses want to do is pay vendors, suppliers, and contractors anywhere, at anytime, with ease. Legacy financial systems and old technologies make this dream nearly impossible. Veem makes it a reality.

Seller Details
Seller
Veem
Year Founded
2014
HQ Location
San Francisco, CA
Twitter
@GoVeem
5,100 Twitter followers
LinkedIn® Page
www.linkedin.com
103 employees on LinkedIn®
Ryan M.
RM
Overview Provided by:
Ryan Mower

Recent Veem Reviews

𝕴𝖘𝖒𝖆𝖎𝖑 .
𝕴
𝕴𝖘𝖒𝖆𝖎𝖑 .Small-Business (50 or fewer emp.)
5.0 out of 5
"useful for small businesses registered in usa"
one link payment directly into their wallet and now they have instant payment from credit or debit cards. you can also send funds almost anywhere i...
Read more
Agnes Josephine C.
AC
Agnes Josephine C.Small-Business (50 or fewer emp.)
4.5 out of 5
"Easy payment platform for remote workers"
easy to understand interface transparent exchange rates active customer service
Read more
James O.
JO
James O.Mid-Market (51-1000 emp.)
4.0 out of 5
"VEEM - Quick & Effecient."
I can pay bills with Visa or Mastercard, even to businesses that don't accept cards, or use Veem Wallet for free global USD transfers.
Read more

Veem Pricing

Flat Monthly Fee
$14.99
Per Month
See Veem pricing
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Veem Media

Veem Demo - Veem Dashboard
Send and receive payments all while tracking where your money is.
Veem Demo - Send Invoices with Veem
Use the industry’s leading invoicing suite to build, customize and send invoices – domestically and globally.
Veem Demo - Veem uses Plaid to link your bank
Secure encryption helps protect your financial data.
Veem Demo - Track Every Payment with Veem
See where your money is - from when you send it, to when your receiver gets it.
Veem Demo - Your Contacts
Veem allows you to add contacts to quickly and easily send or request money.
Answer a few questions to help the Veem community
Have you used Veem before?
Yes

Video Reviews

Review by Randy R.
Veem review by Randy R.
Play Veem review by Randy R.
Veem Review
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43 Veem Reviews

3.7 out of 5
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43 Veem Reviews
3.7 out of 5
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3.7 out of 5
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Veem Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for VeemQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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CR
CEO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Veem?

They offer payment options to a wide variety of countries. Review collected by and hosted on G2.com.

What do you dislike about Veem?

Their customer service is sub-par at best, useless is most likely. They also change fee structures without any notification and are not transparent. Review collected by and hosted on G2.com.

What problems is Veem solving and how is that benefiting you?

We work with many companies and contractors outside the US so this is what we USED to use to send payments. Review collected by and hosted on G2.com.

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Mary Ann M.
MM
Founder Accounting Finance Executive Recruiter
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Veem?

Actual customer service and sales reps to help you with setup. And, no fees charged to use the service, for paying or receiving payments. Review collected by and hosted on G2.com.

What do you dislike about Veem?

Nothing, these guys are great. Helped me understand they are for real and it's not too good to be true. I've been using it for months and the person who recommended it has been receiving payments from them for about two years. Totally trust them. Review collected by and hosted on G2.com.

What problems is Veem solving and how is that benefiting you?

Paypal for zero reasons froze my account, come to find out, they do this regularly. Wanted documentation that I'm not comfortable releasing. Waiting for the # of days before the unfreeze monies and will take it out and close the account. Highly recommend leaving them before you have it happen to you. Again, zero reason for them to do this to me. Review collected by and hosted on G2.com.

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Verified User in Human Resources
AH
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Veem?

Veem has been a critical part of our business for over five years. Their team is very supportive, the product is functional and the transfers are timely. Review collected by and hosted on G2.com.

What do you dislike about Veem?

The customizations such as un-enrolling in transfer notifications for the account owner. Review collected by and hosted on G2.com.

Recommendations to others considering Veem:

I'd highly recommend Veem. Review collected by and hosted on G2.com.

What problems is Veem solving and how is that benefiting you?

We are transferring money to contractors in 19 countries. Review collected by and hosted on G2.com.

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Response from Ryan Mower of Veem
Editedit

Thank you so much for taking the time to leave your comments.

Helpful?
Share
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Verified User in Computer Software
AC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Veem?

Sync with QBO bill and payments and this left no room for error Review collected by and hosted on G2.com.

What do you dislike about Veem?

I really like everything and I don't have any specifics to dislike Review collected by and hosted on G2.com.

Recommendations to others considering Veem:

NONE Review collected by and hosted on G2.com.

What problems is Veem solving and how is that benefiting you?

The foreign country best method to easily send money and apply properly to QBO without mistakes Review collected by and hosted on G2.com.

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Response from Ryan Mower of Veem
Editedit

Thank you for taking the time to leave your comments! We are happy to hear Veem's sync with QBO has been helpful.

Helpful?
Share
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Verified User in Apparel & Fashion
UA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Veem?

We used veem combined with zaps to easily automate our international contractor payroll. Best setup we found. Review collected by and hosted on G2.com.

What do you dislike about Veem?

Overall works well for what we need. No real complaints Review collected by and hosted on G2.com.

Recommendations to others considering Veem:

Set up with Zaps Review collected by and hosted on G2.com.

What problems is Veem solving and how is that benefiting you?

Solving easy, automated international payments. Review collected by and hosted on G2.com.

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Response from Ryan Mower of Veem
Editedit

We are grateful for your review. Thanks for your comments.

Helpful?
Share
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Sara P.
SP
owner
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Veem?

Super easy to send funds internationally when I need to pay my contractors overseas. it also integrates with my Quickbooks Online, and my payments are automatically entered. Review collected by and hosted on G2.com.

What do you dislike about Veem?

Downloading, querying transactions is very clunky and very, very limited. Review collected by and hosted on G2.com.

Recommendations to others considering Veem:

Veem has a pretty good conversion rate for recipients. It does take 2-4 business days for funds to deposit, but with a bit of planning, this is not a huge problem. Review collected by and hosted on G2.com.

What problems is Veem solving and how is that benefiting you?

I am sending payroll for contractors overseas. They have a new app integration with Zapier I will implement to schedule overseas payments in advance. There is a calendar feature, but you still have to enter each payment manually. Hopefully, this will solve this problem. Review collected by and hosted on G2.com.

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Share
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Verified User in Retail
UR
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Veem?

Their service is great, very easy to use but they closed my account a few days after opening. My payments were cancelled. No one gives any solid reason why they cancelled my account. And my payment got delayed. So if you have a more reliable option, I would say go with that instead. Review collected by and hosted on G2.com.

What do you dislike about Veem?

Unpredictable, no transparency in why something was done Review collected by and hosted on G2.com.

What problems is Veem solving and how is that benefiting you?

Making international payments Review collected by and hosted on G2.com.

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Response from Ryan Mower of Veem
Editedit

Thank you for taking the time to leave your comments. I'm sorry to hear your payments were cancelled. Please contact our customer support team at clientservices@veem.com with your account details so we can look into the reason the payments were cancelled.

Helpful?
Share
Admin Approval Link
Jackie A.
JA
Founder
Accounting
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about Veem?

Most efficient way of managing cash flows effectively at a significantly less cost (in some cases - Free) than any other provider out there today Review collected by and hosted on G2.com.

What do you dislike about Veem?

NOTHING! Seriously, especially as clients can paid by credit card and THEY pick up the fee - no one else does that! Review collected by and hosted on G2.com.

Recommendations to others considering Veem:

We're seeing companies being charged fees of up to 7% by some of the main providers in this space. If you are not managing your fees then you may not have noticed this but those levels are massive for small businesses. Take control of your finances, reduce expenses and improve your collections process. Cash is King! Review collected by and hosted on G2.com.

What problems is Veem solving and how is that benefiting you?

Faster to get paid, with no fees, and so simple to pay our suppliers Review collected by and hosted on G2.com.

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Helpful?
Share
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Verified User in Accounting
AA
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Veem?

As a bookkeeper, I love the fact that it is so easy to set up payments and also have levels of approval need to issue payment as well as being secure. Review collected by and hosted on G2.com.

What do you dislike about Veem?

I wish the setup for businesses was a little easier. I've had people refuse to use Veem to pay invoices because there was too much paperwork involved Review collected by and hosted on G2.com.

What problems is Veem solving and how is that benefiting you?

It solves the problem of people having to email their bank information as they can enter it themselves. It is also a great way to send money internationally. I love the fact that Veem can now issue a check if needed. Review collected by and hosted on G2.com.

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Helpful?
Share
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Verified User in Wholesale
UW
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Veem?

VEEM makes international payments easy, the setup is done by the recipient, so we don't have to receive any bank details from the vendor. Review collected by and hosted on G2.com.

What do you dislike about Veem?

International Wires use to be $0, now there is a charge for USD -> USD payments. Review collected by and hosted on G2.com.

What problems is Veem solving and how is that benefiting you?

Simple, easy platform for sending international payments Review collected by and hosted on G2.com.

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Response from Ryan Mower of Veem
Editedit

Thank you for taking the time to leave your comments. I'll pass on your feedback related to USD payments.

Helpful?
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Admin Approval Link

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Veem