eftsure Pty Ltd
Address | Level 6/122 Walker St, North Sydney NSW, Australia | ||||||||||
Phone | +61 1300 985 976 | ||||||||||
Hours |
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Website | eftsure.com | ||||||||||
Categories | Software Company, Accounting Software Company, Auditor | ||||||||||
Rating | 3.6 22 reviews | ||||||||||
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eftsure Pty Ltd reviews
22I don't know why in this environment they ring you up and expect you to recall all your bank details to them over the phone to prove you're real. You get a link to submit your bank details for payment beforehand, so you're the person who submitted the information to them in the first place. My latest pay is now held up now because I didn't want to give my details over to a random person on the phone. It's adding so much stress for me to just get paid as a freelancer.
One of our customers used this service and about a dozen of their suppliers information ended up on the dark web BEWARE.
I am compelled to express my concerns regarding the verification process utilised by this service. As the CEO of a company dedicated to the pillars of transparency and trust, I find the request for bank login credentials via a website, which lacks comprehensive information about the safeguarding of such sensitive data, to be highly problematic.
Moreover, the practice of recording calls for training without providing a cogent justification for how these recordings are managed or protected only exacerbates the sense of unease. These methods not only fall short of the stringent privacy standards that are expected from the privacy act but also risk compromising the integrity of supplier relationships.
Such data handling practices are unsettling and raise serious privacy concerns. In an era where data security is paramount, it is imperative for service providers to prioritise client confidentiality and to conduct their operations with the utmost discretion. Without unambiguous clarity on these critical aspects, I would advise against the use of this service, to preserve the trust and confidence that are crucial in any business engagement.
I recently encountered a fraudulent case and Yazman Nemra was so helpful and ensured me with an easy process to deal with. Her assistance was outstanding with lots of patience. You are so good at what you do Yazman. Eftsure is very lucky to have such a talented professional employee like you. Thanks again for all you help Yazman.
Yazman Nemra your customer service is exceptional. You are so helpful and resourceful and offer such a great service. Not only were you on A/L when I contacted you, but you ensured that I had continued support by providing me a contact to assist with my issue. Love the efficiency. Your passion and dedications are definitely valued by our business. Your tenacity to follow though is above and beyond. Thank you for being part of our Verification Process. You are much appreciated.
Sumaya Webster (Bega Supplier Portal)
So in order to get our invoice paid, I had to go through the process of filling in all sorts of personal details to avoid fraud. I attempted twice, but both times stopped when it just seemed too much details and felt like fraud itself. In the end we left it with the customer, pay the invoice, or miss out on our service. They paid, but this was so weird.
In the current environment with the increasing fraudulent activity and risks the implementing of EFTsure to provide assurance around our payment to suppliers has been the effective way to increase our internal financial controls. Yazman Nemra, Verifications Training and Q/A Manager, has made the on-boarding process a very positive experience.
In a landscape of increasing cyber security risks implementing EFTsure to provide assurance around our payment to suppliers has been a cost effective solution to strengthen our internal financial controls. Vee Shah, our Customer Success Manager has made the on-boarding process a very positive experience. The level of support has been exceptional - professional, friendly and supportive. It's a relatively simple tool to navigate, the dashboard is very helpful and it has helped to increase producitvity in the AP Team.
EFTSure has provided a significant layer of control in relation to fraud and has made the onboarding and ongoing management of suppliers very easy for our organisation. We have found EFTSure to be a very user friendly solution supported by very a helpful and knowledgeable customer success and support team.
With all the scams happening, the idea of going through the verification process on the phone for our bank details was feeling overwhelming.
Yazman ensured an easy process and took away our concerns about the security side and its advantages. After the call, I gained a sense of ease and could see the value. Despite my initial challenges during the conversation, the assistance offered was truly outstanding. I appreciate the patience and wish eftsure the best of luck.
The support and guidance that we, as a Corporation, have received when introducing EFTSure into our accounts payable process has been second to none. All the contacts we have with EFTsure have been ready to assist where they can.
I feel that the introduction of EFTsure into our business has been a complete success and adds a trusted layer of confidence and value to our payables process.
Thanks Eftsure!
Very user friendly and also like how EftSure shows on our bank portal, helps a lot when approving payments
Very weird process - having to create an account and enter your details via a secure online portal is fine, but then having to give your account details to a random over the phone (they cant relay the details for you to confirm, you have to give them the BSB + Account directly) seems counter productive to setting up your account 'securely' - especially as the people over the phone your talking to (or at least the 2 I spoke with) have zero empathy and are clearly just reading off a script, which when coupled with response delays and poor phone quality just screams dodgy, hence my reluctance to do anything over the phone until the supplier who needed me to do it confirmed this is in fact legit.
Having a 2 part verification I can appreciate, however your second part is not secure or reassuring, you seriously need to re-think how to carry out the verification process in a more secure and user friendly manner.
Since implementing EFTSURE, I now have a lot more assurance that the payments being made are going to the supplier. This software essentially provides another set of credible eyes and ears by ensuring the business has virtually eliminated the chances of bank fraud. Thank you to Alex and the team at EFTSURE for their continued customer service, it has made utilising the platform a breeze from a user point of view.
I really love the amazing work displayed by EFTSure in getting all our vendors validated very quickly. We have been using this platform for more than 3 years now and we have never been disappointed at all.
Their verification process is very secure and trustworthy, and this has been truly beneficial in helping our organization meet our compliances. The ability to ensure that we are only paying into verified bank accounts provides a huge peace of mind not only for our organization but also for all our vendors. I really like their ongoing checks and reviewing of the vendors’ bank account details and notifying us whenever these details change.
Both the Verifications & Support Teams are very friendly, efficient, and professional. They are not only very prompt in dealing with queries and urgent verification requests but also provide updates on every request raised. They have never ceased to amaze me with their awesome customer service since the day we implemented this system.
All praises go to Patricia Cheung, Yazman Nemra and their respective teams for their most impressive & amazing work!
I would highly recommend EFTSure to any business desiring to combat against fraud!
I get that companies need to be protected with anti scam processes but EFTsure need to realise their business looks like the biggest scam ever.
They refused to provide me with the invoice number I was chasing payment for but asked for my bank details to get payment for an undisclosed amount of money.
Understand that any random scammer following this process would sound no different.
We had a delightful experience during completing our verification, led by Yazman. She addressed all our inquiries and efficiently guided us through the entire process, ensuring we were ready to be safely paid by Red Cross.
Entering my bank's customer access details into a third party website doesn't feel right to me. Need another way of confirming account details. Either the banks setup a confirmation process for eftsure to gain the details required. Its a negative from me.
Alex has been really patient and helpful with our implementation of eftsure, it has taken a lot of work however we are really pleased to have it up and running as it gives everyone great sense of security and peace of mind!
With the increasing frequency and complexity of cyber scams, our company felt it was necessary to onboard EFTsure to provide an extra level of security to ensure our payments reached verified bank accounts.
It was not until recently, however, when one of our suppliers was targeted, it became apparent how important this tool is.
Yazman and her team quickly and efficiently picked up a very sophisticated fraudulent bank account scam. Yazman contacted us and our supplier immediately to advise of the attempt to alter banking details and to halt any payments.
Yazman and her team worked very diligently to investigate and confirm the scam. The communication and advice throughout the whole investigation were faultless.
It is likely that if we had not been using EFTsure to validate the banking details this scam would have succeeded.