Electronic Funds Transfer

The SYSPRO Electronic Funds Transfer (EFT) system improves multi-currency payment efficiency and provides an accurate, current picture of your cash flow. Furthermore, it reduces the risk of fraud and transactional costs associated with beneficiary payments​.

Key benefits of Electronic Funds Transfer

• Lower transactional costs of beneficiary payments
• Reduced fraud risk
• Reduced risk of late payment penalties
• Reduced resource requirements
• More accurate cash flow control
• Paperless payment audit trails​