Question 1

What is Eved?

Accepted Answer

Eved is an AI-led global accounts payable and payments platform built specifically for events, media, and entertainment. It manages the entire financial workflow — from budgets and approvals to invoices, vendor payments in 140+ currencies across 200+ countries, and year-end 1099s — in one system.

Question 2

What industries does Eved serve?

Accepted Answer

Eved serves three core industries: Film & TV Production (managing crew payments, vendor invoices, and production budgets), Meetings & Events (handling venue payments, vendor management, and event budgets for corporate and association events), and Music & Entertainment (supporting tour payments, talent fees, and production costs).

Question 3

How does Eved handle global payments?

Accepted Answer

Eved processes payments in 140+ currencies across 200+ countries through its EvedPay platform. It supports wire transfers, ACH, virtual cards, and physical Visa prepaid cards (EvedPay Card), with built-in compliance checks, fraud prevention, and real-time payment tracking.

Question 4

What is the EvedPay Card?

Accepted Answer

The EvedPay Card is a Visa prepaid card solution (virtual and physical) that gives production teams and event managers instant access to funds for on-site expenses, per diem, and vendor payments. Cards can be loaded in real-time, set with spending limits, and tracked through the Eved platform.

Question 5

Does Eved integrate with ERP systems?

Accepted Answer

Yes. Eved integrates with major ERP and financial systems including SAP, Oracle, NetSuite, QuickBooks, Workday, Salesforce, and Cvent. It also integrates with entertainment-specific platforms like Cast & Crew for payroll and production accounting.

Question 6

How does Eved prevent payment fraud?

Accepted Answer

Eved uses AI-powered fraud detection, multi-level approval workflows, vendor verification protocols, and real-time payment monitoring. The platform has prevented phishing schemes and diverted fund attempts for clients, with built-in controls that flag suspicious activity before payments are processed.

Your AI-Led Global AP & Payments Partnerfor Events, Media, and Entertainment