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eftsure

Enterprise Resource Planning
Financial Audit

Payment protection and vendor management platform to prevent payment fraud and errors

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eftsure

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About the eftsure

Eftsure helps organizations securely pay vendors by automating continuous control over outgoing payments. The platform leverages a large proprietary and dynamic vendor database covering more than two million Australian organizations (~80% of active businesses by ABN) to verify vendor banking and compliance information in real-time. Key features include automated vendor onboarding, payment fraud detection, risk analysis, real-time compliance monitoring, and document expiration alerts. Eftsure enhances payment accuracy and reduces risk of cybercrime like business email compromise (BEC), fake invoices, insider scams, and duplicate payments with “traffic-light style” alerts indicating payment validity. The platform integrates seamlessly across the procurement lifecycle, providing audit trails, role-based access, and APIs supporting secure payment workflows.

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