Veem

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Veem Review: Read this in-depth Veem review to learn more about its key features, pricing plans, integrations, and more. 


What is Veem?

Veem is a cloud-based financial services platform that is changing the way businesses make cross-border payments. It is a global payments platform that is designed for businesses of all sizes. 

It offers a host of services that empower accountants, financial professionals, and owners to stay on top of their payment processes. 

The platform effectively tracks every transaction and also integrates with a range of third-party business applications. 


Vendor Information

  • Company: Veem
  • Website: https://www.veem.com/
  • Founded in 2014
  • Country of origin: United States of America

Veem Key Features

  • Invoicing

Veem offers the utmost convenience to users who are looking to send an invoice to their clients. Besides, users can create customized invoices that can be delivered to domestic and international clients in just a few clicks. 

Users can also invite users outside the Veem network to pay an invoice. The Pay Links feature is a convenient way to request for funds. You can customize your Pay Link and share the same through text, email, and more. 

  • Instant deposit

The Instant Deposit feature allows you to get paid instantly without any delays. When users activate the Instant Deposit feature, the platform fast tracks the processing of future transactions. 

This feature eliminates the standard bank-processing delays from three days to just one hour. 

  • Mass pay

The mass pay feature is extremely handy when you do not have enough time to make multiple payments. It allows you to make multiple payments in a streamlined manner, saving valuable time involved with manual payment processing. 


Veem Features Overview

  • Domestic payments
  • International payments
  • Invoicing
  • Mass payments
  • Dashboard
  • Accounting
  • Instant deposit
  • Workflows

Veem Pricing 

Veem offers flexible, simpler, and secure pricing plans. Veem pricing plans vary based on the nature of your transactions (domestic or cross-border).

Veem pricing (cross-border)

Foreign exchange: Live rates

Senders:

  • Sending fee: Free
  • USD Abroad: Free

Receivers

  • Local currency: Free
  • USD abroad: $29

Veem pricing (local)

  • Sign-up: $0
  • Monthly subscription: $0
  • Bank transactions: $0
  • Credit card payments: 2.9%
  • Instant deposit to a card: 1%
  • Debit card payments: $0

Veem Pros and Cons



PROS:
  • The platform is very easy to use
  • Excellent customer service
  • Most of the services are free of cost
  • The user interface is intuitive and very clean
  • The platform can be easily integrated with third-party applications such as QuickBooks Online, Xero, and more.

CONS:
  • Many users have had an issue while processing payments with cards.
  • Sending funds to nations such as India, China, and Russia takes longer than usual.
  • Downloading querying transactions is not optimum.
  • Integration with Zoho Books is missing.
  • Setting up the software takes time.



Veem Integrations

  • QuickBooks Online
  • Xero
  • Oracle Netsuite

Veem Specifications

Free Trial – No

Free Services – Yes

Deployment

  • Cloud, SaaS, web-based

Devices supported

  • Windows
  • Mac
  • Android
  • iPhone/iPad
  • Web-based

Training

  • Documentation
  • Live online

Typical customers

  • Small businesses
  • Medium-sized businesses
  • Large businesses

Languages supported

  • English

Veem support

  • Email
  • FAQs
  • Knowledge base
  • Phone support
  • 24/7
  • Chat

Veem Alternatives

  • Bill.com
  • Tipalti
  • AvidXchange
  • Recurly
  • Stripe
  • Stax
  • eBizCharge
  • Treasury Intelligence Solutions
  • Square Payments
  • Plooto
  • Dwolla
  • SpotOn Restaurant
  • Chargebee
  • Podium
  • HoneyBook

Did you like reading this Veem review? Tell us about your favorite feature and experience while using the tool. 


Free Trial
Supported Devices
Windows
Linux
Android
iPhone/iPad
Mac
Web-based
Deployment
Cloud Hosted
Cloud, SaaS, Web
Mobile – Android Native
Mobile – iOS Native
On Premise
Open API
Language Support
English
Hindi
Spanish
French
Russian
Italian
Dutch
Danish
Polish
Turkish
Swedish
Pricing Model
Monthly payment
Annual Subscription
Quote-based
Training
Documentation
Webinars
In Person
Live Online
Customer Types
Small Business
Large Corporations
Freelancers
Medium Business
Support
24/7 (Live Rep)
Email
FAQs
Knowledge Base
Phone support
Chat support
Features
Email Marketing
Landing Pages
Marketing Automation
Webinars
CRM
Autoresponders
Automation
Workflow builder
Customizations
Integration
Integration
8 Total Score

Design
8
Usability
8
Support
8.5
Price
7.5
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Karandeep V

Karandeep was born in Pune, Maharashtra, an upcoming metropolitan city in the Western region of India. While most members of his family are engineers, he had different ideas. He was more inclined toward exploring the non-technical aspects of a business, which is why he studied Bachelors of Business Administration at Symbiosis International University, Pune.  Having said that, his love for new and upcoming technologies remained intact, which is why he has written extensively about technology throughout his career. After a brief stint with a gaming company at the beginning of his career, he discovered that his love for writing was not temporary.  Being a tech geek, he always liked installing and playing around with new applications on his mobile devices and the home desktop. He was fascinated by how technology can simplify even the most mundane and complex tasks with just a few commands. He keeps a close eye on how businesses use different tools to streamline their operations to boost productivity and efficiency.  At ToolsMetric, he writes product reviews that cover the main features and specifications of different enterprise applications. The sheer amount of innovation and hard work that goes into building these tech solutions is one of the reasons why Karandeep loves reviewing these tools. Besides product reviews, he also writes interesting news articles and blogs that track the latest developments in the tech industry.  When he is not writing, you can find him rooted to his seat playing video games, watching movies, or supporting his favorite football team. Since his childhood, he has always loved to travel and explore new places. Traveling is a major part of his life due to a myriad of reasons such as experiencing new cultures, food, and traditions. His other hobbies include playing football, cooking, and running.  You can find him on LinkedIn here.

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