Council is implementing EFTsure software solution as part of its accounts payable processes to improve security measures. In early March, suppliers who currently undertake business with Council should expect to receive an email from an organisation called EFTsure, inviting you to confirm your details with them – this will include your business name, ABN, and bank account details.
The EFTsure software solution is an independent, real-time, continuous controls monitoring system, designed to validate the integrity of online transactions and supplier date. It ensures accurate electronic funds transfer of payments, providing greater assurance to its customers and their valued suppliers that when payments are processed, the funds are going where they are intended.
Due to the nature of their business EFTsure treats security with the utmost importance. It is a requirement that all EFTsure staff follow strict security guidelines.
The threat of cyber fraud is a risk Council takes very seriously. This type of fraud can include business email phishing scams, or payment data files being altered fraudulently.
If you wish to learn more about the EFTsure software solution please click here. If you have any enquiries or concerns leading up to, during and/or after providing your details to EFTsure, please do not hesitate to get in touch with Council on 1300 345 345.