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FINANCIAL SERVICES

Cloud fax for
a disrupted
financial sector

The Australian financial services industry is being constantly disrupted by regulators, remote working challenges and accelerating digital transformation pressures. Cloud fax can help.

Hello eFax!

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Eliminate your weakest links

Traditional fax prevents financial organisations from meeting remote ready goals, strict compliance mandates and workflow automation objectives of digital transformation initiatives. All of these challenges set back critical productivity, cost reduction, sustainability and compliance outcomes.

“Cloud fax is the fastest and quickest way to meet digital transformation,
cloud first and remote ready strategies”

The preferred solution for all financial services organisations

  • Bank
  • Fintech
  • Insurrance
  • Tax and accounting
  • Mortage and lending
  • investment and brokerage

Stop adding further unnecessary complexity

Cloud fax takes out all of the added complexity inherent with traditional faxing. eFax Corporate helps financial services organisations take out the expensive legacy infrastructure, manual paper-based handling and security gaps while adding in the convenience of faxing via email from anywhere compliantly.

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What's Important
  • Workflow – Eliminate fax initiated paper trails with integrated application-driven workflows.
  • Compliance – Meet SOX & GLBA standards.
  • Remote ready – Ability to send and receive faxes without any fax lines or hardware.
  • Consolidation – Ability to centralise admin and management of enterprise-wide fax down to a user level.

Deliver key outcomes

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  • Speed of delivery – Send and receive faxes directly within your ERP, SAP or CRM system with the convenience of fax to email technology.
  • IT footprint – Reduce the overall IT footprint and eliminate cumbersome paper-based handling process.
  • Paperless – Cut the paper trail with a completely paperless faxing experience anywhere.
  • Cloud-first – Realise the benefits of cloud technology applied across the entire fax ecosystem.
Talk to usDiscover cloud fax

eFax in action

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“EY provides each employee an efax number. I love the ease of use! With my efax number I can get faxes from wherever and have it land at my email for easy transmission. A big 4 firm like EY uses it as a matter of course. eFax must be doing something right!"
Administrator in Accounting
Enterprise (>1000 emp.)

How eFax will help

Cloud fax helps reduce paper streams and physical waste that not only helps the environment but also promotes a healthier workplace. Reducing operating costs associated with increased energy efficiency and office space recovery are some of the other benefits.

Fax by Email

Sending and receiving faxes is as easy as email

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Fax Automation

Automate and route faxes to printers, shared network drives

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NBN Ready

Fax reliably over the NBN network without added complexity

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Electronic Signature

Integrate directly with all existing networked MFPs

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MFP Integration

Integrate directly with all existing networked MFPs

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Paperless Faxing

Migrate to paperless fax processes to eliminate paper trails and manual handling

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See all features

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IT managers and leaders rejoice

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Infrastructure

Boost data security standards, achieve compliance and tighten much-needed fax governance in a disrupted workplace

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Outcomes
  • Secure the fax ecosystem
  • Tighten users and their privileges
  • Meet compliance
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Infrastructure

Centralise fax admin across the entire organisation with powerful management controls for all your fax admin needs

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Outcomes
  • Gain total visibility
  • Monitor compliance
  • Control users, usage, billing and more
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Digital documents, compliance and the cloud

Learn how to ensure your organisation’s digital document transmissions and storage meet the demands of data privacy regulators.

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Solutions to the rescue

Choose the eFax product that works for your business

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Recommended For

  • Individuals & teams
  • Small businesses
  • Low volume faxing

What’s Important

  • Faxing on the go
  • Convenience of faxing via email
  • Lower cost faxing

Next Steps

Sign-up OnlineTransfer Existing Number
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Recommended For

  • SMB & large enterprise
  • Heavily regulated industries
  • High volume faxing

What’s Important

  • Centralised fax management
  • Compliance & security
  • Advanced API integration

Next Steps

Get a QuoteRequest Demo

Helpful resources

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Maximise your MFPs with cloud fax

Learn More
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AXA cuts the paper chase

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Customer success story: regional bank

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Questions? We’ll put you on the right path.

Ask about eFax solutions, pricing, implementation, or anything else. Our fax experts are standing by, ready to help.

Frequently Asked Questions

Though email is still a great communication tool, fax is better when it comes to document sharing. There are four primary reasons why.

First, while cybercriminals can easily use social engineering or fuzzing to breach your email account, online fax is more cyber secure. To steal your faxes, someone would need to breach both your device and your online faxing account.

Second, fax is more malware-proof than email. As people only fax close professional contacts, most fax users don’t open faxes from unknown numbers. Naturally, fax users are less likely to click malware links in faxes. It’s also more difficult to impersonate someone else’s fax number – so hackers are less likely to phish you through fax.

Third, online faxing services can transmit large files. While most email providers can only transmit documents up to 2 MB, online faxing providers like eFax can transmit documents up to 3 GB.

Finally, most online faxing services notify you when your recipient receives your fax, whereas email providers don’t.

While email is great for office memos, event invites and casual chats, it’s not the best medium for sending sensitive financial documents. As cybercriminals can use your email account to access your documents, bank details, and private information, many hackers target email accounts. And though some email providers offer cybersecurity measures like two-factor authentication and in-built anti-virus software, hackers can still breach email accounts using social engineering techniques like phishing and baiting. 

When you send a confidential financial document to someone, you don’t know how secure their email account is, and thus, you can’t guarantee your document’s security. 

Online faxing is the safer way to send sensitive financial documents. When you send a document through online faxing, your service provider encrypts it with Transport Layer Security (TLS), transmits it through protected servers and stores it in cloud-based storage. As a cybercriminal would need to breach your device and your online faxing system to steal the document, you have greater certainty that your document is secure.

Cloud faxing has three primary advantages. First, faxing through the cloud is more cyber secure than faxing through a fax machine, as cloud fax documents are encrypted and transported through protected servers. With a traditional fax machine, anyone with access to your machine can steal your faxes. 

Second, cloud faxing is cheaper and better for the environment, as you don’t need ink, paper, machine maintenance, a fax line and a fax machine for cloud faxing. Cloud faxing starts from just $169.50 a year, while it costs $1,259.76 annually to run the average fax machine.

Third, cloud faxing is a more efficient way for businesses to handle documents. You need to file and sort documents manually with a fax machine – an annoying administrative task that takes time and storage space. When you send a fax through cloud faxing, your faxing provider will store it automatically in the cloud. This means no storage or filing (and you can access your fax from any device!).