- Veem partners with automated data entry specialist Autoentry
- Human errors in data entry for B2B cross border payments eliminated
Veem, the first business-to-business cross border payments platform to incorporate blockchain, has this week announced a new partnership with automated data entry provider Autoentry. The move will ensure a fully automated, glitch-free process from invoice to successful payment, helping businesses using the platform to save money and time.
Welcoming the new partnership, Veem’s Vice President of Business Development, Oliver Veyrac, said:
“Autoentry is on the cutting edge of invoice technology, making it easy for businesses to upload documents directly into their accounting software from their phones or email.
“At Veem, we use technology to simplify global payments. With Autoentry, it will take just three clicks from invoice to paid, it doesn’t get much easier than that.”
Autoentry’s technology allows its customers to upload documents, in batches or one by one, by sending an email attachment or simply by uploading a photograph. Once uploaded, the data is automatically entered into leading cloud accounting software Xero or Quickbooks, eradicating any possibility of human error. When safely within the accounting software, any invoices can be paid within seconds with the click of a button.
Veem presently permits international money transfers between 60 countries using local currency exchange, and its customers are never charged any wire fees.
Expressing admiration for Veem’s ease-of-use, Autoentry’s CEO and founder Brendan Woods noted that its payment capabilities were already integrated with the cloud accounting software his company works with. He added:
“We have similar visions for the future of business - a future where it’s easy to get things done and time isn’t wasted on some of the more straightforward tasks like data entry.”
At present, Veem integrates not only with Quickbooks and Xero, but with Netsuite too. Its Application Programming Interface is capable of interacting with all other accounting software solutions that would benefit from cross border payments capabilities.
