eftsure Reviews & Product Details

Eftsure provides an additional level of security and the associated peace of mind when onboarding new suppliers. They also stand behind their product. Review collected by and hosted on G2.com.

Some resistance from suppliers to be involved however this is improving now. Review collected by and hosted on G2.com.

Eftsure has been an outstanding solution for our business. Their platform gives us peace of mind by ensuring payments are verified and secure, helping us prevent fraud and costly errors. The onboarding process was smooth, and the customer support is always responsive and helpful. Highly recommend Eftsure to any business serious about payment security and compliance. It’s a real game-changer! Review collected by and hosted on G2.com.

While Eftsure is a great tool overall, there is room for improvement in the user interface—it can be a bit clunky at times. Better integration with accounting software and more customisation options would enhance the experience and make the platform even more efficient. Review collected by and hosted on G2.com.

We have been using Eftsure as part of our payment verification process, and the experience has been excellent. Eftsure has significantly improved the integrity and security of our electronic payments by providing real-time verification of supplier bank account details. This has greatly reduced our risk of payment fraud and administrative errors.

From a financial control and governance perspective, Eftsure has added a robust layer of assurance. It ensures we are always paying the right supplier into the correct account, which is critical for maintaining trust with stakeholders and ensuring regulatory compliance.

Overall, we are highly satisfied with Eftsure and would recommend it to any organisation seeking to strengthen their accounts payable processes. Review collected by and hosted on G2.com.

While Eftsure offers valuable risk mitigation and improved payment security, the cost of the platform may be a consideration for some businesses—particularly smaller organisations with tighter budgets or lower transaction volumes. The pricing structure may feel high relative to the number of verifications or suppliers processed, especially when the risk of fraud is already being managed through internal controls. It would be beneficial if Eftsure introduced more flexible or scalable pricing models to better align with varying business sizes and risk profiles Review collected by and hosted on G2.com.

This software is incredibly easy to use, featuring a straightforward dashboard layout. It provides the accounts team with real peace of mind when processing payments. Review collected by and hosted on G2.com.

At times, the process of verifying suppliers can be quite lengthy. Review collected by and hosted on G2.com.

Product Comparison:

Bank-led tools like Confirmation of Payee are limited to basic checks at final payment and lack ongoing monitoring or fraud protection. Eftsure offers a more comprehensive solution, verifying supplier details from onboarding, providing continuous monitoring, and integrating with payment workflows. Many banks, such as NAB, CBA, HSBC, and Westpac themselves rely on Eftsure to safeguard their own payments to their creditors, highlighting the platform’s strength and credibility. Eftsure delivers stronger fraud prevention and operational efficiency based on the below analysis.

Given the clear limitations of bank-based solutions at this stage of the innovation life cycle and the comprehensive protection offered by Eftsure, we hope you would consider retaining Eftsure as our primary supplier verification tool. It remains the gold standard in fraud prevention, offering both operational efficiency and assurance at every stage of the payment process not just at the end of the process. A strong value add and point of differentiation for managing OC funds. Review collected by and hosted on G2.com.

To be honest nothing. Cost is always a consideration but our Account Manager Chris was super helpful in reaching an agreed high value for price position. Review collected by and hosted on G2.com.

Eftsure has simplified the payment process for me. I no longer need to contact suppliers directly to obtain their details, which makes everything much easier. Review collected by and hosted on G2.com.

At times, when I encounter a problem with the portal, it can take a while before customer support responds to me. Review collected by and hosted on G2.com.

It gives me confidence to know that the supplier’s company and banking information are carefully verified. We mainly utilise the bank detail verification function. I find this easy to use, and the process is reasonably quick. When I have run into an issue, the EFTSure customer support team are prompt in their response. Review collected by and hosted on G2.com.

I haven't started using all of its features yet, but we plan to gradually implement them over time. Review collected by and hosted on G2.com.

We've been using EFTSure in our finance team for over a year now, and it's become a crucial part of our payment process.

Before EFTSure, verifying supplier bank details was time-consuming and honestly, pretty risky. We were always worried about the possibility of paying a scammer or processing incorrect banking information. Since implementing EFTSure, that stress is gone. The system verifies supplier details in real time and flags anything that doesn’t match up using a really simple traffic light system — green for safe, amber for caution, red for don’t pay. It’s super easy to understand and gives us confidence before hitting “approve.”

One of the biggest wins for us has been avoiding payment redirection scams, which are getting more sophisticated all the time. EFTSure gives us that extra layer of security that our ERP system just didn’t have.

Onboarding was smooth and the support team is responsive and helpful whenever we’ve had questions. The integration with our existing accounting system (we use Netsuite) was seamless.

Overall: EFTSure has saved us time, reduced risk, and improved our internal controls. Highly recommend it to any business dealing with regular supplier payments. Review collected by and hosted on G2.com.

Not Applicable as the software is working well Review collected by and hosted on G2.com.

Instant verification of bank account details when uploading payment files through banking platforms Review collected by and hosted on G2.com.

Not a whole lot to dislike about Eftsure. Lack of competition in the market means the service isn't overly cheap but it's very much still worth it. Review collected by and hosted on G2.com.

eftsure has made vendor onboarding and payment verification far more reliable for us. The live bank-account verification and continuous monitoring catch mismatches early, so Accounts Payable isn’t chasing last-minute fixes. I like the clear audit trail and the way approval steps are separated from data entry, which helps with compliance. Review collected by and hosted on G2.com.

A few UI flows feel click-heavy and bulk actions/reporting could be more flexible. Review collected by and hosted on G2.com.