eftsure 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

eftsure

4.6

(45)

Pricing

Pricing available upon request

About eftsure

Designed for businesses of all sizes, eftsure is a cloud-based financial risk management platform that helps manage payment frauds, supplier databases, financial investigations and more. The application offers various features such as document management, payment processing, fraud detection, custom user roles, alerts/notifications, supplier onboarding and audit reports. Additionally, it also facilitates third-party integration with various applications including Microsoft Dynamics 365, SAP Concur C and Xero.

eftsure Screenshots

eftsure Pricing and Plans

Starting price: Connect with an advisor for pricing

Free Trial

Free Version

Basic

Pricing available upon request

No plan information available

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eftsure Features

Popular features found in Accounts Payable
ACH Payment Processing
Audit Trail
Compliance Management
Document Management
Duplicate Payment Alert
ERP integration
Expense Tracking
Mobile Access
Multi-Currency
Process/Workflow Automation
More features of eftsure
Access Controls/Permissions
Access Management
Activity Dashboard
Activity Monitoring
Activity Tracking
Alerts/Escalation
Alerts/Notifications
Anomaly Detection
API
Approval Process Control
Audit Management
Authentication
Check Fraud Detection
Controls Audit
Counterparty Risks
Credit Risk Management
Customer Accounts
Custom Fraud Rules
Data Import/Export
Data Mapping
Data Synchronization
Data Verification
Data Visualization
Document Storage
Electronic Payments
Enterprise Risk Management
Financial Transaction Approval
Fraud Detection
Internal Fraud Monitoring
Limit Control
Monitoring
Offboarding
Onboarding
Payment Fraud Prevention
Real-time Alerts
Real-Time Monitoring
Real-Time Updates
Risk Alerts
Risk Analysis
Risk Assessment
Self Service Portal
Single Sign On
Spend Control
Supplier Management
Third-Party Integrations
Transaction History
Transaction Monitoring
Vendor Management
Vendor Master Data Management
Vendor Payment

eftsure User Reviews

Overall Rating

4.6

Ratings Breakdown

64%

33%

Secondary Ratings

Ease of Use

4.5

Value for money

4.6

Customer support

4.7

Functionality

4.4

Davd S.

Verified reviewer

Mining & Metals

201-500 employees

Used daily for less than 2 years

Review source

Reviewed August 2024

A must have product for any business

From initial contact to post go-live support, the Eftsure team has been helpful, proactive, and responsive. They simplify complex processes.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

In this day and age, verifying bank payment details is important. Eftsure is an excellent tool; it does what it advertises it can do, the Eftsure team provides exceptional service and support, and the help documentation is superb.

Cons:

There is very little not to like about Eftsure. If I had to criticise something, I would like to see more detailed activity audits.

Joshua N.

Verified reviewer

Retail

51-200 employees

Used daily for more than 2 years

Review source

Reviewed July 2024

Gives us confidence when making payments

Ratings Breakdown

Ease of use

Functionality

Pros:

Eftsure helps drive our Accounts/Finance team with validation especially with new suppliers to provide us confidence when making payments. Very easy to track the progression and the required documents when engaging with new suppliers or when details change.

Cons:

Not with the platform but the additional layer of security does require the process to be completed by the other side and can lead to slight delays depending on the turnaround.

Curt W.

Verified reviewer

Education Management

Self-Employed

Used daily for less than 6 months

Review source

Reviewed February 2025

Hopeless company

This is a completely hopeless company; they cannot get their act together. They never leave messages, never leave promised reference numbers, never call back even when they promise to call back, and struggle to finish the business they start. Moreover, they are completely user-unfriendly.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Cons:

They are hopelessly inefficient to deal with

Tony M.

Verified reviewer

Mining & Metals

1001-5000 employees

Used daily for more than 2 years

Review source

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.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

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

Cons:

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

Christina C.

Verified reviewer

Fund-Raising

1001-5000 employees

Used daily for more than 2 years

Review source

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.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

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.

Reasons for choosing eftsure

As above

Carol W.

Verified reviewer

Religious Institutions

501-1000 employees

Used daily for less than 2 years

Review source

Reviewed November 2022

eftsure review

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

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.

Janice B.

Verified reviewer

Capital Markets

11-50 employees

Used weekly for less than 12 months

Review source

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.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

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.

Pauline J.

Verified reviewer

Insurance

1001-5000 employees

Used daily for less than 12 months

Review source

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.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

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.

Jeric A.

Verified reviewer

Construction

51-200 employees

Used daily for more than 2 years

Review source

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.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

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.

Froya H.

Verified reviewer

Construction

11-50 employees

Used daily for less than 12 months

Review source

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.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

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.

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