Disburse to staff, suppliers and contractors - on one cleared cycle.
For listed and large unlisted corporates running monthly payroll, weekly supplier runs and ad-hoc contractor settlements. Veymo consolidates the lot into a single pre-funded cycle, with audit trails your external auditors can read on first pass.
Four moves the platform makes for corporate operations.
Unified cycle
Payroll, suppliers and contractors paid from one pre-funded float - not three siloed batches.
Treasury visibility
Live view of cleared, in-flight and pending - reconciled against your GL in near real-time.
FICA-clean
Beneficiary KYC done once, refreshed automatically. Your treasury team never re-collects FICA again.
Same-day clearance
Cycles instructed before 13:00 SAST clear same day - across every SA bank, no exceptions.
Monthly payroll · 1,420 beneficiaries
Built to be answerable.
Five posture commitments - each one defensible to a regulator, an auditor and an institutional buyer in the same conversation.
Regulation
SARB-recognised PSP. Operating under the National Payments System framework, audited against the SARB's outbound directive standard.
Funds safety
Pre-funded. Ring-fenced. Veymo holds no client funds on its own balance sheet - cycles run from segregated, named accounts.
KYC & AML
FICA Accountable Institution under the FIC Act. OFAC, UN, EU, HMT, DFAT and PEP screening on every beneficiary, every cycle.
Data
POPIA Operator. Data hosted in South African data centres. Cycle data retained for the statutory minimum; PII purged on schedule.
Audit
Annual ISAE 3402 Type II. Cycle-level export packs to AG-format. Direct read-only access for your internal audit on request.
From conversation to first cleared cycle, in 30 days.
A 90-minute working session with your CFO, Treasury and Compliance leads. We map your current cycle, find the friction, and produce a written brief.
A binding proposal in writing - scope, settlement model, pricing, compliance plan, integration path, contracts.
Your first cycle runs through Veymo. Reconciled to the cent. Signed audit pack delivered the same day.