Eftsure Connector
by Theta Systems Limited
Connect your Microsoft Dynamics 365 Business Central with Eftsure for payment fraud protection
Payment fraud protection, electronic supplier onboarding and compliance solution
Eftsure is a service for CEOs and CFOs that protects against fraud and errors when payments are made.
Cybercrime targeting businesses is fueled by a perfect storm of email usage, social engineering, and gaps in payment systems.
The result is that businesses might not be paying whom they think they’re paying.
The connector seamlessly integrates Eftsure into Microsoft Dynamics 365 Business Central to validate EFT payments before issuing them to your bank.
Banks don't match Payee Names with BSB and Account Numbers. This means your organisation could be at high risk of fraud and error from incorrect payment details.
For example, if you authorise a payment of $5500 to ABC Traders PTY LTD but the BSB and Account Number are for an account that does not belong to ABC Traders, the funds will go to the wrong account even though the name displayed on your online banking is correct.
With Eftsure, you don’t have to live with that risk! In the new digital world, Eftsure assists forward-thinking companies in maintaining watertight payment systems.
The solution provides a simple and powerful end-to-end flow:
- Send a vendor invitation directly from Microsoft Dynamics 365 Business Central to the vendor.
- Vendor will receive an invitation and provide their contact details and bank account information to the Eftsure portal.
- Vendor details will be cross-matched against the business social database or verified by the Eftsure verification team.
- Vendor will be created in your vendor master file, avoiding unnecessary data entry and saving from employee mistakes.
- Vendor payments will be validated before being posted.
Know your payee provides payment security and secure vendor onboarding.
Supported Editions:
This app supports both the Essentials and Premium editions of Microsoft Dynamics 365 Business Central.
Supported Countries:
This app is supported in Australia and New Zealand.
Supported Languages:
The app is available in English.