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eftsure description
Eftsure is a cloud-based software that helps businesses, particularly finance teams, prevent financial fraud. It verifies supplier bank details, flags suspicious invoices, and automates payment checks to ensure you're paying the right person. This helps reduce errors and fraud attempts while streamlining the payment process. Eftsure is especially beneficial for companies managing a large volume of payments and seeking better control over their outgoing funds.
Who is eftsure best for
Eftsure protects businesses from financial fraud by verifying supplier bank details and automating payment checks. Users praise its ease of use and strong security, highlighting the seamless bank verification process. Some users note occasional slow loading times and difficulty with international supplier onboarding. It's ideal for finance teams managing high payment volumes.
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Best fit for medium to large enterprises (100+ employees) prioritizing financial security.
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Ideal for finance, banking, insurance, retail, consumer goods, manufacturing, education, real estate, construction, transportation, logistics, media, entertainment, non-profit, government, energy, utilities, and agriculture.
eftsure features
Supported Eftsure verifies supplier bank details to mitigate the risk of payment errors and fraud. |
Supported Eftsure flags suspicious invoices as part of its payment protection process. |
Supported Eftsure automates payment checks to prevent errors and fraud. |
Supported Eftsure offers vendor management features to maintain a single source of truth for supplier information. |
Supported Eftsure provides payment protection and fraud alerts during the payment process. |
Supported Eftsure enforces segregation of duties through user roles and permissions. |
eftsure reviews
We've summarised 54 eftsure reviews (eftsure Capterra reviews and eftsure G2 reviews) and summarised the main points below.
- Provides strong security and confidence in preventing fraudulent payments.
- Easy to use and navigate.
- Excellent and responsive customer support.
- Seamless bank detail verification process.
- Integrates well with bank payment processes and flags discrepancies.
- Difficult to convince some suppliers that the verification emails/calls are not suspicious.
- International supplier onboarding can be cumbersome.
- Occasional slow loading times for the dashboard and supplier profiles.
- Duplicated supplier records can occur.
- Unclear queue times when verification emails are sent to suppliers.
eftsure pricing
The commentary is based on 1 reviews from eftsure G2 reviews.
Eftsure's pricing is considered cost-effective, especially given the increased security and efficiency it provides. Users appreciate the value it offers by preventing costly errors and freeing up internal resources. There is no pricing information available on the onboarding of international suppliers.
See the eftsure pricing page.
eftsure alternatives
eftsure FAQ
eftsure is a cloud-based fraud prevention software specializing in verifying supplier bank details. It automates payment checks, flags suspicious invoices, and streamlines vendor management, ensuring accurate payments and reducing fraud risk for businesses with high payment volumes.
What is eftsure and what does eftsure do?
eftsure is a cloud-based fraud prevention software specializing in verifying supplier bank details. It automates payment checks, flags suspicious invoices, and streamlines vendor management, ensuring accurate payments and reducing fraud risk for businesses with high payment volumes.
Eftsure integrates with bank payment processes to flag discrepancies and ensure secure transactions. It streamlines vendor onboarding and payment verification, offering a seamless experience for managing supplier information and preventing fraud. More specific integration details are not readily available.
How does eftsure integrate with other tools?
Eftsure integrates with bank payment processes to flag discrepancies and ensure secure transactions. It streamlines vendor onboarding and payment verification, offering a seamless experience for managing supplier information and preventing fraud. More specific integration details are not readily available.
Eftsure competitors include PaymentWorks, apexanalytix, Xelix, and fcase. These alternatives offer similar features like payment verification and fraud prevention. Other options like Oversight and Telleroo focus on spend analysis and automated payments, respectively.
What the main competitors of eftsure?
Eftsure competitors include PaymentWorks, apexanalytix, Xelix, and fcase. These alternatives offer similar features like payment verification and fraud prevention. Other options like Oversight and Telleroo focus on spend analysis and automated payments, respectively.
Yes, eftsure is a legitimate cloud-based software solution designed to enhance payment security. It helps prevent fraud by verifying bank details and flagging suspicious invoices, ensuring payments reach the correct recipients. Positive reviews highlight its ease of use and strong security features.
Is eftsure legit?
Yes, eftsure is a legitimate cloud-based software solution designed to enhance payment security. It helps prevent fraud by verifying bank details and flagging suspicious invoices, ensuring payments reach the correct recipients. Positive reviews highlight its ease of use and strong security features.
Eftsure does not publicly disclose pricing information. Pricing is available upon request and is tailored based on company size and specific needs. Contact eftsure directly for a custom quote.
How much does eftsure cost?
Eftsure does not publicly disclose pricing information. Pricing is available upon request and is tailored based on company size and specific needs. Contact eftsure directly for a custom quote.
Eftsure's customer service is frequently praised in reviews. Users highlight the helpfulness, responsiveness, and professionalism of the support team. They also appreciate the available resources and training provided.
Is eftsure customer service good?
Eftsure's customer service is frequently praised in reviews. Users highlight the helpfulness, responsiveness, and professionalism of the support team. They also appreciate the available resources and training provided.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.