Payment Security 101
Learn about payment fraud and how to prevent it
- Why Eftsure?
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Why Eftsure?
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Why customers use Eftsure
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- Platform
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Accounts Payable
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- Solutions
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By role
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- Resources
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Learn
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Company
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Routing number and account number don't match company name
Routing number and account number don't match company name
Real-time alerts throughout the procure to pay process
Verified payments
A green thumb indicates a three-way match between account name, bank account details and EIN.
Bad payment warnings
A red thumb indicates a mismatch between account name, bank account details and EIN.
Duplicate payments
The dollar sign warning indicates a potential duplicate payment.
Prepare payments in a secure environment
Review any individual payments or ACH and Wire payment files prior to banking. Our powerful thumb alerts will confirm you’re paying the right account name and number (green thumb) or in the case of red thumb, signal there is a mismatch between the bank account name, routing number, account number and EIN.
- Detect fraudulent invoices early when preparing payments.
- Automate verification of ACH and FedWire payment files.
- Set customized user roles to manage segregation of duties.
Approve and release funds with confidence
Eftsure will provide simple ‘traffic light’ alerts on your online payment screen. A green thumb indicates a verified vendor with a three-way match between Bank Account Name, Routing Number and Account Number and EIN data. A red thumb indicates a mismatch and is a lead indicator of error or fraud.
- Automatically check all line items for accuracy in seconds.
- Receive fraud and error warnings before releasing funds, not after.
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I sleep better at night knowing Eftsure is there. We pay millions of dollars every week and you don’t need to be paying the wrong people.
Jim Snelgrove
Payroll & Account Services Manager - Georgiou
The new security standard for business payments
End-to-end B2B payment protection software to mitigate the risk of payment error, fraud and cyber-crime.