Stop payment fraud before it happens

Invoice redirection fraud

Fraudsters impersonate your suppliers and redirect payments to criminal accounts. These attacks bypass email and phone checks, and are nearly impossible to recover.

Manual checks can't keep up

Callbacks, email confirmations, and spreadsheet checks are slow, inconsistent, and easily fooled by today's AI-powered social engineering attacks.

Costly payment errors

Outdated account details, typos, and data entry mistakes cause failed transactions, delayed payments, and damaged supplier relationships, even without fraud.

Prepare payments in a secure environment

Review every payment before banking. Green thumb confirms a match; red thumb flags a mismatch on name, BSB, account or ABN.

- Detect fraudulent invoices early when preparing payments.

- Automate verification of ABA files or single eft payments.

- Set customised user roles to manage segregation of duties.

How Eftsure Prevents Invoice Fraud

Eftsure prevents invoice fraud with three layers of protection:

- Real-time verification: vendor bank details checked against our community database; discrepancies flagged immediately.
- Invoice-level checks: every invoice verified at submission.
- Continuous monitoring: vendor data and invoice patterns tracked to catch evolving threats.

Real-time view of ABN & GST registrations

Clearly see whether the ABN is valid in the supplier management portal and at the point of payment. Plus, a GST registration flag can help to prevent you from paying that extra 10% unnecessarily.

- Linked to the Australian Business Register (ABR)
- Real-time ABN and GST status
- Invalid ABN report