(07) 5618 8618 support@ezyshield.com.au
ezyshield
FREE TOOL

Payment Process Audit

Score your current payment verification process against best practice. Find the gaps before scammers do.

10 questions
2 minutes
Instant results
1

Do you validate supplier ABNs before adding them to your payment system?

2

Do you check ASIC registration for company suppliers?

3

Do you verify the identity of the person providing bank details?

4

Do you confirm bank account ownership (not just BSB validity) before paying?

5

Do you re-verify supplier bank details before each pay run?

6

Do you have a documented process for handling bank detail change requests?

7

Is your vendor master file reviewed for anomalies at least quarterly?

8

Do you maintain a tamper-proof audit trail of all verification activities?

9

Are your verification processes consistent across all staff who process payments?

10

Do you have segregation of duties between vendor creation and payment approval?

Frequently asked questions

How is the audit score calculated?
Each of the 10 questions is worth 2 points. "Yes" scores 2, "Partial" scores 1, and "No" scores 0. Your total out of 20 determines your grade: A (18 to 20), B (14 to 17), C (10 to 13), D (6 to 9), or F (0 to 5).
What does my score mean?
Your score reflects how well your current payment verification process protects against common fraud types. An A means strong controls are in place. A C or below means significant gaps exist that fraudsters can exploit. The specific recommendations for each "No" or "Partial" answer show you exactly where to focus.
Is this audit shared with anyone?
No. The audit runs entirely in your browser. Your answers are not sent anywhere unless you choose to email yourself the results using the form at the bottom. If you submit the email form, we store your contact details to send the report and may follow up with relevant information.
How often should I re-audit my payment process?
At least quarterly, or whenever you change payment systems, onboard significant new suppliers, or experience a security incident. Payment fraud tactics evolve constantly, so what was sufficient six months ago may have gaps today.

Related content

FREE TOOL

ABN Lookup Tool

Check any Australian Business Number for free. Verify your supplier is real and active.

 COMPARISON

Manual vs Automated Verification

Side-by-side comparison of manual and automated payment verification approaches.

 STATISTICS

Payment Fraud Statistics

The latest Australian payment fraud data from official sources.

 PRODUCT

How ezyshield Works

See how ezyshield verifies people, businesses, and bank accounts in a single flow.

Ready to close the gaps?

ezyshield automates every verification step in your audit. ABN validation, identity checks, bank account ownership, audit trails, and re-verification before every payment.

Book a Demo View Pricing