eftsure
By eftsure
Implementing eftsure payment protection software involves a structured process to ensure seamless integration and enhanced payment security.
Data Audit: Eftsure begins by auditing your existing supplier data, comparing it against their database of over 7.5 million organizations.
Anomaly Identification: This process helps identify and rectify inaccuracies or anomalies in your vendor records.
Supplier Verification:
Data Confirmation: Suppliers receive invitations to confirm their business name, ABN, and bank account details.helpdesk.
Independent Verification: Eftsure's team conducts independent verifications for any unverified or incorrect supplier data.
System Integration:
Integration Options: Post data cleansing, Eftsure integrates with your existing systems through:
Web Browser Plugin:
Web Portal:
ERP System Integration via API:
eftsure's software is highly customizable to align with specific business requirements. Key customization features include:
Businesses can design onboarding forms tailored to collect specific information from suppliers, enhancing data accuracy and compliance.
Eftsure offers over 20 customizable user roles, each with tailored permissions, facilitating segregation of duties and aligning with internal access policies.
Users can customize notifications to stay informed about new vendors, bank account changes, and document expirations, ensuring timely actions.
The platform provides user-friendly interfaces with customizable reporting options, allowing businesses to generate reports that meet their specific audit and compliance needs.
Eftsure seamlessly integrates with various financial systems, including ERP platforms, enabling businesses to tailor the software to their existing workflows.
eftsure offers training and support to ensure new users can effectively utilize their payment protection platform. Key aspects include:
Customer Support:
Technical Assistance: Dedicated support is available to address technical inquiries.eftsure
Phone Support: Contact at (332) 330-0470
Email Support: Reach out to [email protected].
Helpdesk Resources: Access a repository of helpdesk documents for self-service support.
Supplier Support:
Verification Assistance: Suppliers needing help with verifying their details can contact:eftsure
Phone Support: 1300 985 976.
Email Support: [email protected].
Training Resources:
Guides: Eftsure provides guides to educate users on payment fraud prevention and system usage.
Contact Information:
Address: Level 9 / 177 Pacific Highway, North Sydney 2060, NSW Australia.
eftsure prioritizes data security through a framework designed to protect personal and business information. Key security measures include:
Eftsure collects personal and business confidential information, such as names, contact details, Australian Business Numbers (ABN), and bank account information, primarily for the purpose of verifying payee details and preventing fraudulent transactions.
Collected data is stored securely using industry-recognized methods, including access control procedures, network firewalls, encryption, and physical security measures, to prevent unauthorized access and data breaches. eftsure
Eftsure's platform cross-references supplier data against a proprietary database of over 7.5 million organizations, incorporating customer-verified, supplier-verified, bank-verified, and third-party data. This multi-layered verification helps detect and prevent fraudulent activities.
Before processing payments, Eftsure provides an additional layer of validation to confirm the legitimacy of payment information, ensuring that payments are made to the intended recipients and reducing the risk of fraud. sutherlandshire.nsw.gov.au
Eftsure emphasizes the importance of cybersecurity awareness among its staff, implementing strict security guidelines and fostering a culture that prioritizes data protection.
eftsure policies on data ownership and portability are outlined in their Terms of Service and Privacy Policy:
Data Ownership:
Your Data: Clients retain full ownership of their data. Eftsure does not claim any ownership rights over client data; its rights are limited to the license granted for service provision.
License Grant: Clients grant Eftsure a perpetual, non-exclusive, irrevocable, fully-paid-up license to use, disclose, copy, transmit, store, back-up, and modify client data solely for:
Providing Eftsure services to the client.
Enabling interoperability with third-party applications, if authorized by the client.
Activities outlined in any applicable Service Addendum, such as cross-verification of supplier data and onboarding.
Data Portability:
Access and Transfer Rights: Clients have the right to access their personal data and request its transfer to another recipient. Eftsure facilitates this by providing client data in a structured, commonly used, machine-readable format.
eftsure Terms of Service outline the provisions for contract renewal and cancellation as follows:
Contract Renewal:
Eftsure reserves the right to increase the service fees on each review date by providing at least 90 days' prior written notice.
For contracts with Eftsure US, if the first review date occurs during the initial period, any fee increase is capped at 7% per year.
Contract Cancellation:
Cooling-Off Period:
Applicable only to contracts with Eftsure AU where the initial term is twelve months or less.eftsure
Clients may terminate the agreement within the first month by providing written notice.
Upon termination during this period, clients can request a refund of any fees paid, including setup and service fees.
Termination for Breach:
Either party may terminate the agreement immediately if the other party materially breaches any term and fails to rectify it within 30 days of receiving notice.
Eftsure may terminate the agreement by providing written notice if the client fails to pay any amount due more than 30 days after the due date.
Effect of Termination:
Upon termination, clients remain liable for any accrued charges and must cease using Eftsure services immediately.
