All eftsure Reviews

1-25 of 42 Reviews

Sort by

Reviews are by default sorted by Recommended to software buyers, driven by our proprietary algorithm reflecting the depth and quality of the review, recency of experience, and other factors. As a neutral reviews platform, the star rating of the review is not considered in the "Recommended" ranking, and there is currently no voting mechanism that would allow site visitors to influence the ranking.

Christina

Fund-Raising, 1,001-5,000 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed April 2022

Pros & Cons of EFTSure

The Support & Verifications Teams are very friendly and work very closely together. I always get very quick and helpful responses from both teams whenever I need help or when I put in a request/query. Really love interacting with both the Teams. Very efficient and friendly services rendered and I'm very pleased with it.

PROS

The product is easy to use from my perspective - and the verification process is trustworthy and meets our organisation compliances. I like the recent added feature: the Status for pending 'Change Request' onboardings showing as 'Change Request Pending' as opposed to 'Onboarding Pending'. This actually helps me to identify quickly which ones are the new supplier onboardings as opposed to those that are just change request.

CONS

This is a feedback from our suppliers as I don't have access to the backend of the portal. They find that the portal is not too user-friendly and at times, they are not sure on how to navigate through the whole process of filling in the various sections of the onboarding form. May I suggest providing more "Help" tips in each section to assist those who are not so computer-savvy.

Reason for choosing eftsure

As above

Pauline

Insurance, 1,001-5,000 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

3

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2022

Great Product once customized for our specific use and implemented

Experience was a positive one - the EFTsure staff were helpful and readily available when needed. We did struggle in understand the process EFTsure uses with their offshore staff as the EFTsure model did not ideally suit the suppliers we deal with. We are mainly paying trust money on behalf of clients and there are timing obligations on us to make sure payments are made - this affects our relationship with these suppliers. These suppliers are often large companies where staff within them with the authority to validate a bank account are not the people we deal with on a day to day basis. We had to make a few adjustments to the communication method and contacts but once this was worked through the whole validation process works well. We are happy that the large amounts of money being transferred are not landing in only verified bank accounts.

PROS

Everyone seems to be able to use this product with little to no problems

CONS

The manner in which the accounts are verified i this day and age of a lot of scammers - emails with links to verify the account details within the EFTsure data base made many suppliers jumpy. We had to redesign the introductory email and tightly control the communication with our suppliers.

Bruce

Transportation/Trucking/Railroad, 51-200 employees

Used weekly for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

3

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed November 2022

Review of eftSure's setting up process and features.

Satisfactory.

PROS

Dashboard and the integrated symbols in our NAB banking.

CONS

Lengthy set up process, mostly due to: - inadequate instructions on how to extract supplier details from Xero - necessary involvement of our IT provider on the DKIM, etc (required a lot of to and fro between them and eftSure)

Reason for choosing eftsure

n/a

Jeric

Construction, 51-200 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2023

EFTsure

Fantastic!Eliminate the risk of paying to the wrong account.Eliminated the time we spent on phone calls and emails to verify a supplier's bank account.

PROS

The peace of mind knowing that the bank details have been verified and if there are any incorrect bank details in the system, it is flagged by EFTsure.

CONS

The parent's name along with the trading name of a supplier should be recognized by EFTsure so as not to get a red flag when doing the banking.That is because most organizations would enter the trading name when creating a new vendor in their database as the trading names are the ones that mostly appear on the tax invoice.

Carol

Religious Institutions, 501-1,000 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2022

eftsure review

PROS

We are given that extra assurance that our payments are going to the correct bank account but also that the supplier details such as ABN, bank account name etc match our supplier system. With the increase in users of eftsure we are often finding now that new suppliers we are setting up are already certified in eftsure so there is no delay in waiting for the supplier to verify their details.

CONS

We have had a few suppliers refuse to participate because they dont understand the risks/scams occurring - is often a little time consuming explaining it.

Samantha

Construction, 51-200 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed May 2022

Client experience

Support are extremely helpful and prompt. This has streamlined our process dramatically plus having up to date info on a vendor's status is brilliant. Very positive experience

PROS

We have grown a lot as a company and being able to delegate the phone call verification and onboarding form completion process has been a massive time saver.

CONS

I wish it required bank accounts to be linked to ABN/ACN. Whether that be bank account name or proving some sort of link between accounts. I also wish it could confirm that the bank account provided is open and correctly linked, as at the moment it is confirming that the details provided in the onboarding match the details confirmed over the phone. We are very strict with what we will accept from an onboarding.

Froya

Construction, 11-50 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2022

Excellent Fraud Protection

The EFTSure team is always available to help, providing adequate training and our business relationship manager Sewraj has been extremely helpful with learning how to use the system. Risk mitigation has definitely been achieved giving our business piece of mind with our payment processes.

PROS

The Bank Overlay helps to identify any changes to vendor bank details & provides the approver with a report for each payment by click the thumb.

CONS

Implementing EFTSure was not too bad, now we only have to on-board new vendors and 70 percent of them are normally already in the data-base so they automatically get verified with a green thumb. There may be a few that refuse to engage with EFTSure but these are easily self-verified.

Rocielee

Real Estate, 1,001-5,000 employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed February 2021

EFTSURE 2021

The system is safe and easy to be used by the small & big businesses. It's very easy to learn. Nothing is complicated. It will help businesses to pay the suppliers by EFT accurately/safely because of the verification process the EFTSURE team does. Highly recommended. EFTSURE team members are helpful too.

PROS

The system is easy to use & learn. Very friendly user. The functions & features of the system are easy to understand. Highly recommended to small and big businesses.

CONS

Under supplier Onboarding - the search option can be improved.

Jim

Construction, 501-1,000 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed October 2022

EFTsure

The process was completely new to us but the implementation process was very thorough and the after installation help has been exceptional. Nish and the help desk team are a credit to EFTsure

PROS

Functionality and ease of use, provides all the information we need to onboard new vendors and can highlight and discrepancies there are with paperwork.

CONS

I think if you reject an invitation back to the vendor the process can be a bit cumbersome.

Mary

Construction, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed July 2022

EFTSURE Review - Mary & Victoria

a satisfied and happy customer

PROS

It's provides immediate verification or a 24 hour turn around

CONS

In regards to subcontractors, they do not respond in an efficient and timely manner to verifying details

Michael

Accounting, 51-200 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

FUNCTIONALITY

4

Reviewed April 2022

Easy to use protection when making payments

Has been an excellent and vital addition to our protection when making supplier payments.

PROS

Ease with which the EFTSure extension appears in the NAB banking platform when approving payments, indicating any that have not previously been verified in the EFTSure database

CONS

Errors such as 'Inactive payee' have been difficult to understand

Tony

Mining & Metals, 1,001-5,000 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2022

EFTSure Supplier Management

The online portal and customer service has been very efficient. EFTSure's interaction with our Suppliers has been very professional.

PROS

The software service is online, intuitive and easy to use.

CONS

Nothing to dislike. The online portal provides all that we need.

Ricky

Transportation/Trucking/Railroad, 201-500 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2022

eftsure review

PROS

I am really pleased with EFTsure’s team dedication in supporting A2B Australia procurement process. EFTsure has definitely provided a value-add to our new supplier onboarding process by removing the manual paperwork! I strongly recommend businesses to adopt EFTsure into their procurement process

CONS

Still a lot of improvement for UI and UX

Vendor Response

Hi Ricky, It's great to see we're adding value to your procurement process. We are aware of some of the product design issues and we're actively growing the team to improve in that area. Thanks for your review.

Replied March 2022

Lucy

Food Production, 501-1,000 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2022

Thank you Eftsure!

PROS

Eftsure is safe, secure and user friendly, and has been hugely beneficial in strengthening our internal financial controls. Eftsure's secure vendor management is relied upon heavily on a daily basis, and the verification of all our suppliers' bank details via the eftsure platform is a necessary step to protect Manildra Group and in turn, all our payees. Eftsure's customer service and implementation teams have been excellent!

CONS

Occasionally the product is glitchy and a bit slow to refresh.

Shirely

Mechanical or Industrial Engineering, 201-500 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed July 2022

Feedback of using EFTSure

PROS

Verify creditors details and auto set up creditors in system is so good!

CONS

There is nothing we don't like. So far everyhing is very good.

Sue

Dairy, 501-1,000 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed March 2023

EFTSure

Overall experience has been great, ease of integration and the excellent level of support we have received from [sensitive content hidden]

PROS

Ease of implementation.It has assisted us align our Vendor Master data.Functionality is great and tightens our internal controls for risk.The support and training we have received has been excellent and EFTSure staff are great to work with !

CONS

Not being able to have Company name and Trading name as this can be different depending on the Vendor invoice. Some Vendors are suspicious of the onboarding process so we have had to micro-manage at times

Katherine

Education Management, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

FUNCTIONALITY

5

Reviewed May 2022

Great Product on ongoing support

PROS

Easy to use and how great it works within online banking . The training and ongoing support is really great.

CONS

Some setup of suppliers can be difficult if i don't have all the information especially email addresses.

Amy

Primary/Secondary Education, 501-1,000 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed November 2022

Very good Fraud prevention system!

The overall experience has been very good and i think the system has been very good in managing the on boarding process of our suppliers.

PROS

The biggest benefit of this software it gives you peace of mind that the suppliers you are paying are not fraudulent. This is especially true in the current climate as scams are becoming more sophisticated which means we need systems that are sophisticated to prevent the fraud.

CONS

The amount of work it takes to keep following up with suppliers who don't respond. Also because the emails sent out from the system have the EFTsure domain name a lot of the suppliers didn't respond as they thought it was a fraudulent email.

Janice

Capital Markets, 11-50 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed May 2022

EFTSure Review

It is a great tool for us in making our payments. It help us avoid the risk and fraud of any bank payment error.

PROS

The most feature that I like with this software is the ability to provided quick onboarding request forms for the suppliers added. We don't need to provide any forms for the new suppliers. It has all the details that we need that can also be a help in updating our accounting system. I also like how the EFTsure do the verification process. I can see how detail the process that make us trust them that all the bank details are correct once verified

CONS

None so far as we only started using it just few months ago.

Lachlan

Sports, 51-200 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2022

Fantastic Product

Fantastic experience, very easy to use and implement. The extra level of security makes me feel so much more comfortable about our payment process. Gives me the confidence that my AP system doesn't give me.

PROS

The way that EFTsure pre-emptively advises us when a vendor's bank details have changed is a game-changer for me, being a seasonal industry communications can drop away in the quieter month and these can be easily missed.

CONS

I've had a single payment bounce though verified correctly to a supplier - wondering if there's any scope for account closures to be advised to EFTsure in any capacity rather than via other users in the network.

Jamie

Government Administration, 51-200 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed December 2022

Review

Positive

PROS

Ease of implementation and integration with existing finance systems.

CONS

nothing of note - product is easy to use and effective.

Neil

Government Administration, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

3

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2022

eftsure Review

This product came highly recommended to Council following other government users.

PROS

Easy to implement and the safeguards it provide to a medium size local government is reassuring. While you may not stop all cyber security breaches to know that the system will alert our staff and to be vigilant when changing circumstances appear provides a level comfort for our business.

CONS

While only operating this system currently for a short time Council has found no shortcomings currently.

Leanne

Transportation/Trucking/Railroad, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed August 2022

Very Important Software

It was a very well guided implementation process - we received adequate training opportunities to onboard our Suppliers and then start running with the program. It has added some robust features to our Supplier records.

PROS

The connectability between our banking data and verification process prior to paying our Suppliers - gives alot of peace of mind.

CONS

We did not have any negative experiences. It does take a little bit of time to understand the dashboard options but we are feeling much more confident with this now.

Belinda

Utilities, 201-500 employees

Used weekly for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2022

A Great easy to use system for peace of mind

very happy and love teh dashboard. The bulk action feature is great and bank overlay great for Finance managers to reiew the risk of payments

PROS

Good features, easy to use and easy to manage and know where your up too. Reliable

CONS

The automatic file upload but being the first to do its understandable. The comments section that goes to supplier and not the eftsure team can be confusing

Reason for choosing eftsure

Price and easy to implement

Fiona

Civil Engineering, 51-200 employees

Used weekly for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed September 2022

New Customer

We did not have any particular issues prior to using EFTSure. It is just a matter of making our own systems more robust. We have noticed over time that we do receive more and more scam and fishing emails, and whilst we have not been caught out yet, we wanted to minimise the risks to our business.

PROS

The ease of use. It is not about if, but when a business will be a target of fraudulent bank accounts. Having a process that is easy to use and is not arduous for the payments team is essential.

CONS

Being able to onboard existing suppliers with their insurances. We have been able to achieve a work-around solution regarding this which has been good. However being able to upload documents with expiry dates for existing suppliers would be useful.

Showing 1 - 25 of 42 Reviews