Music - Eved

music and entertainment

Introducing a simpler way to pay and manage your budgets and talent.

The high volume, high touch suppliers used for music productions, paired with the need to track Artist P&L and recoupable expenses makes the payment process time-consuming and manual.

Eved simplifies and automates the Artist P&L from invoice submission and approval to supplier payments for the Music Recording Labels. From creating budgets, vendor onboarding, and spend approval to final payment and spend reporting – all in one workflow that enables security, efficiency, and visibility.

reporting

Robust reporting engine

Eved’s built-in reporting tool gives you visual insight into your Artist P&L, allowing you to track budget consumption, tag and report on recouperable versus non-recouperable expenses, and simplify royalty reconciliation. Create customized reports and dashboards to segment and audit your data in countless ways to make better financial decisions.

SUPPLIER ENABLEMENT

Simplify and expedite supplier onboarding

Eved’s Supplier Enablement team streamlines the supplier onboarding process with a 10-minute setup that stores your suppliers’ business, tax, and bank information and handles any future changes. Our white glove service consists of 23/5 live human interaction, local language support, and a dedicated customer success manager.

global payments

Eved pays suppliers in over 140 countries

With offices in the US, Europe, and China, global reach is significant, paying out in over 140 countries, accepting funcding from over 30 countries and currencies, and helping you capture VAT.

24/5 payment desk

Improve supplier relationships

Offer a broad range of global payment methods and currencies, improve payment accuracy and timeliness, give early payment discounts, and provide proactive supplier visibility to payment status and history to enhance the supplier payment experience.

payment approvals

Eved routes payments for approvals

Eved has a roubust front-end software interface that enables you to offer an automated invoice approval process for non-PO spend.

ENHANCE CONTROL

Reduce tax, regulatory, and financial control risk

We verify all payments prior to disbursing any funds. Eved utilizes OFAC and other sanctions screenings, signatory rights, robust workflow approvals, and W-9/W-8 digitized tax form collection to mitigate any risk or fraud.