Eftsure

Eftsure addresses one of the costliest frauds a finance team can suffer: paying a genuine invoice into a fraudster's bank account after a spoofed email changes the supplier's details. Its job is to make sure, at the moment of payment, that the account belongs to the payee, which is a hard control rather than a nudge.

What it does well. Verification sits directly in the payment run, with a clear traffic light for every line and, in NetSuite, automatic blocking of high-risk payments. The integration list across NetSuite, SAP, Workday, Coupa, Kyriba and FIS covers most enterprise estates. The guarantee of up to 1 million dollars on verified payments in its core markets shows confidence in the control. The Sis ID and Relish acquisitions extend coverage into Europe and move the checks further upstream into vendor onboarding and invoice review.

Where it falls short. Pricing is not published and every route in is a demo. Its regional sites cover the US, Australia, New Zealand and Singapore, with European coverage coming through Sis ID, so a UK organisation should check exactly how UK bank accounts are verified and whether the guarantee applies to it, as the stated guarantee does not name the UK. There is no sign of Xero, QuickBooks or Sage integration, so it does not fit the small business clients of a typical bookkeeping practice. Two acquisitions in two years also mean the product will be changing as they are folded in.

Best for. Mid-sized and large organisations with a formal AP team, high supplier volumes and an ERP such as NetSuite, SAP or Workday, along with the outsourced AP providers serving them. A trial should replay recent supplier bank-detail changes through the platform and test what happens with overseas and newly created accounts. UK teams already in the UK banking system should also compare the Confirmation of Payee checks their bank offers, and those wanting full-population expense and invoice audit should look at AppZen.

Verdict. A genuine payment control and one of the strongest defences against vendor impersonation fraud, for larger AP teams. UK buyers must confirm local coverage and guarantee terms first.