Secure Vendor Management
Onboard and manage vendors to ensure safe payments
Automatically and securely add and change vendors so your master data is clean, and your payments are secure.
Vendor onboarding that is both fast and secure
Verify your existing vendor data
Add or change vendor details the right way
Protection throughout the procure-to-pay process
“Of course eftsure protects us from the risks of social engineering and other scams. But it also allows our team to operate more efficiently and lessens their stress.”
Karin Hattingh, CFO, Solotel
How is our vendor management different?
More efficient than manual processes. More secure than other systems.
Verify your vendor master data
Only eftsure can instantly compare your Vendor Master File (VMF) to our verified vendor database, giving you a dashboard view of your master data. We can then rectify any anomalies lurking in the VMF minimising the risk of that outdated or incorrect information making you susceptible to fraud or error.
Onboard your new vendors securely
Easily and securely add new vendors or change the details of existing ones. In addition to automating the process, eftsure always verifies all those details ensuring your master data remains clean and your payments secure.
Protect your procure-to-pay process
Accounting software automates aspects of vendor management. But only eftsure can replace cumbersome manual checking processes. while adding powerful, independent third-party verification to vendor bank details, tax and business registration status and other required information. Adding efficiency and security.
Works with all major ERP & accounting systems
eftsure’s Know Your Payee (KYP)™ solution
Continuously monitor compliance
Our real time alerts will alert you to lapses in your vendors’ tax and business registration status. Eftsure can also alert you to the expiration of any certificates of currency.
Real-time security alerts at point of payment
Simple, powerful ‘traffic light; signals alert you prior to the release of funds. In your online banking regardless of with whom you bank.