EvedPay

Execute the payment.

Turn thousands of invoices into just one.

Your vendors are everywhere. Paying them should not require a different process for every country.

Eved's proprietary payment rail aggregates all of your vendor payments into a single, secure daily transaction — then disperses them globally across 140+ currencies in 200+ countries.

Complete supplier management built in: onboarding, TIN verification, tax form collection, bank validation, 1099 issuance, and OFAC screening. Integrates directly into your existing ERP and accounting systems.

Earn rebates on qualified payments. The more you route through EvedPay, the more you earn back.

EvedPay
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Per-vendor onboarding cost eliminated

Traditional onboarding takes 30-90 min of internal effort per vendor — Eved automates it

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Vendors pre-onboarded

Most vendors are already in the Eved network when you need them

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Fraud risk reduction

Secure one-time onboarding eliminates repeated PII transmission across email and shared drives

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Countries, 140+ currencies

Proprietary payment rail — not a wrapper around someone else's infrastructure

Most enterprise payment systems were designed for domestic, recurring suppliers. They break down when you need to pay thousands of short-term vendors across dozens of countries — with different tax requirements, payment methods, and compliance rules for each.

Key capabilities

Proprietary Payment Rail

Not a wrapper around someone else's rails. EvedPay is Eved's own global payment infrastructure — built from the ground up for the industries we serve.

Global Coverage

Pay vendors in 200+ countries with 140+ currencies. Wire transfers, ACH, virtual cards, and local payment methods — all from one platform.

Built-In Compliance

Automated OFAC screening, TIN verification, W-8/W-9 collection, and VAT capture. Every payment is compliant before it leaves the system.

Supplier Management

EvedPay is the secure portal where your vendors enter their banking details, tax forms, and compliance documents — once. Everything is encrypted and vaulted. Eved takes care of the rest: verification, validation, and ongoing compliance. No chasing vendors. No manual data entry. No risk.

Payment Aggregation

Thousands of vendor payments consolidated into a single daily transaction. Simplified reconciliation, reduced banking fees, and cleaner reporting.

Rebate Program

Earn rebates on qualified payments. The more you consolidate through EvedPay, the more you earn back — turning AP into a revenue driver.

Supplier management that works without you.

Vendor onboarding has always been valuable — verified data, compliance readiness, control over who gets paid. But in events, productions, and entertainment, the economics never worked. Eved changes that.

Why teams stopped onboarding vendors

$75+ per vendor onboarding — with 30–90 minutes of internal effort each time

Repeated for every new project, event, or production — even for vendors you've paid before

Hidden costs pile up: vendor master maintenance, error correction, compliance tracking, audit prep, 1099 processing

At scale, the cost outweighs the benefit — so teams stopped doing it entirely

They didn't lose just efficiency. They lost compliance consistency, verified vendor data, visibility into spend, and buying power across projects.

The Eved model: onboarding that happens without you

Eved removes onboarding from the customer entirely. Clients do none of the work.

Step 1

Select from the network

Clients choose their preferred vendors and invite them from the Eved vendor network. ~60% of vendors are already onboarded when a new client starts.

Step 2

Vendors onboard once — for everyone

Vendors enter their banking details, tax forms, and compliance documents a single time into Eved. Data is encrypted, vaulted, and reused across every client. They never re-onboard.

Step 3

Eved handles the rest

If a vendor isn't in the network, Eved manages the entire onboarding process — W-9 collection, bank verification, TIN validation, OFAC screening. The client does nothing.

Step 4

1099 processing — fully removed

Tax data is collected and validated upfront. Payments are tracked automatically. 1099s are generated and issued by Eved — eliminating $25K–$100K+ in annual costs.

The compounding impact

80%+

Error reduction

Reduction in onboarding errors and compliance exceptions

90%+

Fraud reduction

Reduction in onboarding-related fraud risk

2–3x

Vendor adoption

Increase in preferred vendor usage across projects

5–10%

Cost savings

Savings through vendor consolidation and buying power

Vendor onboarding was never the problem. The way it was implemented in these industries was. Eved removes the burden while preserving the benefits.

Intelligent payment routing finds the fastest, most cost-effective path for every transaction — while AI agents monitor compliance around the clock.

What's included

200+ countries, 140+ currencies

Proprietary payment rail — not a third-party wrapper

Automated OFAC screening on every payment

TIN verification and tax form collection

Secure, vaulted vendor banking data

Real-time payment status for vendors

Direct ERP and accounting system integration

Rebates on qualified payment volume

See EvedPay in action

Book a personalized demo and we'll walk through how EvedPay handles your specific challenges — tailored to your industry and workflows.

See a Demo
Security

Every payment protected by enterprise-grade security.

View full security details

SOC 1 & SOC 2 Type 2

Annually audited for financial reporting controls and security/availability trust service categories

PCI DSS Compliant

Validated since 2010 — monitored and audited externally by Trustwave

AES-256 Encryption

All payment and banking data encrypted at rest and in transit with the strongest available standard

OFAC Screening

Every vendor screened against BSA, PATRIOT Act, and OFAC requirements before every payment

Stop managing payments. Start managing outcomes.

See how EvedPay turns thousands of vendor payments into a single secure daily transaction — with built-in compliance and supplier management.