Complete and comprehensive Supplier Information Management (SIM) hinges on 4 major elements: Data, Controls, Functions and Analytics. These four elements define a complete and world-class Supplier Information Management solution that is absolutely crucial in the pursuit of transactional and operational excellence throughout your organization.
Supplier Data Quality is critical to the success and health of your organization. Truly, supplier data is the foundation of your entire P2P effort and the foundation of the entire P2P ecosystem. Read the article and give us your opinion.
We are excited today to announce our latest Spring Thought Leadership Webinar Series on the impacts of driving high quality supplier data and supplier management! Over the next three months Lavante will deliver an expansive 5-part webinar series to better educate professionals - in and around the P2P process - on supplier management, self-service vendor [...]
Exciting story from the Lavante newsroom today! Lavante has formed a strategic partnership with Beroe, Inc. - the world's premier strategic procurement advisor. For many years, Beroe has been regarded as the most comprehensive supply chain visibility, supplier intelligence and risk assessment in the world. By introducing our Lavante Connect Platform to their existing and [...]
Join us on March 29th at 10:00 AM PT for an expert webinar on data quality and the costs associated with bad supplier data. The quality of your supplier data is absolutely critical to the success of your organization. In a 2015 Deloitte survey of over 200 CPO's across the globe 67% stated that poor [...]
A sincere thank you to Taulia for rolling out the red carpet for Lavante (and a number of other partners and sponsors) this week at their annual user conference, Taulia Connect. Set in the Park Central hotel in San Francisco's financial district and packed with over 500 end-users, customers, experts, thought leaders, partners, analysts, and [...]
We are very proud today to announce our partnership with Taulia. In a move that has been gaining momentum for quite some time, we have joined forces with the industry's leading provider of supplier financing solutions to create a joint offering that is truly greater than the sum of its parts. By combining the vast [...]
Without current, accurate vendor data, a long list of corporate initiatives can be rendered unmanageable or even impossible to execute. From procure-to-pay, supplier diversity and tax compliance to strategic sourcing and social responsibility, vendor data touches multiple processes and can have a dramatic impact on priorities throughout an organization. Over the past few year, my [...]
Your Supplier Database contains the data that is the foundation of most of you day-to-day purchasing decisions. Regular scrubbing is not only a best practice for you and your team, but it is a necessary process if you hope to optimize your core enterprise functions. There’s plenty of room for improvements in this field. Without [...]
Bad supplier data can be at the root of many finances and accounts payable challenges. And there are many ways vendor data can be processed that cause duplicate vendor files to be set up. Consider the various ways that an enterprise can construct the name of their supplier in their ERP system. The screenshot below [...]