Case Study: Signode achieves secure ACH conversion and stronger fraud protection with Eftsure

Signode converts 1,000+ vendors from checks to ACH with Eftsure

Signode, a global manufacturing company, faced significant challenges with its high volume of check payments, which created operational inefficiencies and security vulnerabilities. After an attempted fraud, executive leadership mandated a rapid conversion from checks to ACH to reduce risk. They needed a scalable way to verify vendor banking details and standardize controls across their 13 business units in the Americas, leading them to implement the Eftsure platform.

Using Eftsure, Signode launched a structured, mass migration campaign to convert vendors to ACH. The solution provided independent verification of bank details, a critical fraud prevention control. Within a year, Signode successfully converted between 1,000 and 1,250 vendors to ACH, drastically reducing manual handling costs and standardizing secure onboarding. Eftsure enabled Signode to embed robust fraud protection directly into its payment process, ensuring payments are sent to verified suppliers.

Signode