SAN FRANCISCO, CA — January 10, 2018 — Veem, the first global payments platform to use blockchain, today announced it has won top honors in the annual Xero Awards Americas, claiming the Emerging App Partner of the Year for 2017.
Xero, a global small business platform, has over 100,000 business advisors worldwide as part of its network and it was an outstanding achievement for Veem to be recognized as one of the industry’s best in the United States. Veem’s integration with Xero makes it easy to seamlessly pay international vendors directly from the cloud-based accounting software.
Today’s accountants and bookkeepers are becoming true business advisors, with technology giving them the room to evolve into these roles. Using next-generation cloud technology, an advisor can point out pitfalls and opportunities along the way that many small business owners might miss, especially newer ones, Therefore, we are very proud to award Veem with this honor, as we know they are truly dedicated to helping small businesses grow globally and build long-term sustainability.
“Today’s accountants and bookkeepers are becoming true business advisors, with technology giving them the room to evolve into these roles. Using next-generation cloud technology, an advisor can point out pitfalls and opportunities along the way that many small business owners might miss, especially newer ones,” said Keri Gohman, President of Xero Americas. “Therefore, we are very proud to award Veem with this honor, as we know they are truly dedicated to helping small businesses grow globally and build long-term sustainability.”
Winners were judged across a number of criteria including innovation, ability to boost productivity and provide client solutions, strong marketing strategies, certification and usage of cloud technology tools to provide value to small business customers. This year’s Xero Awards Americas judging panel included key executives from Xero and guest judge Laurie McCabe, co-founder of SMB Group and six-time SMB influencer champion.
“As a cloud accounting practice, we use Veem with Xero to provide our e-commerce clients an easy way to track data, improve processing speed and reduce overhead,” said Scott Scharf, Co-founder of Catching Clouds LLC. “Many of our clients are regularly making payments to suppliers across the globe and they have saved as much as $5,000 in wire fees over the course of a year using Veem. By integrating the payment capabilities directly into Xero, it reduces friction, increases security and improves visibility and efficiency for all.”
“Working with Xero has been wonderful for us. Much like Xero, we want to make it easy for small businesses to get their job done so they can focus on building their business,” said Marwan Forzley, CEO and founder of Veem. “It’s an honor to be recognized by Xero and look forward to working with the team to continue to building innovative solutions that improve the lives of small businesses.”
To learn more, please visit http://www.veem.com
Veem is a next generation platform for business-to-business payments. Veem enables businesses to send and receive payments in local currency with a few simple steps using our unique multi-rail technology across several global networks. Founded by a world class team of industry veterans with over 100 years of combined experience in payments, payment processing and banking IT infrastructure management, we aim to change the financial payment system through innovation. Our mission is to change the legacy financial payment system through innovation and improve the costly and outdated payments industry by building a new user focused financial ecosystem that services businesses globally.