Vendor File Cleansing

/Vendor File Cleansing

Scrubbing Your Supplier Database

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 [...]

“The Cabin” – A Fable about Data Quality and Procure-to-Pay

Have you heard the old riddle about the cabin in the woods? It goes like this:  You are alone walking through the woods and you spot a cabin in a clearing up ahead. You are tired, cold and hungry and it is getting dark.   You do not see or hear anyone in the cabin and [...]

Data Quality from the Front Lines

As the "Data Quality" conversation continues to gain more momentum, we are constantly on the lookout for research and other various bits of data that help to quantify the full scope of the problem.  Really... we need to know this!  "How much is bad data costing our organizations?"  We need to understand the scope of [...]

Seven Tips to Avoid the Impact of Bad Supplier Data

Bad data can be at the root of many finance 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 a company names can be constructed.  The screen shot below how the Lavante Contact solution has located [...]

Inaccurate Vendor Data Impacts Multiple Departments and Can Jeopardize Critical Corporate Initiatives

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, supplier data touches multiple processes and can have a dramatic impact on priorities throughout an organization. In my professional career, first as [...]

Lavante Inc. and Estuate Partner to Automate Supplier Management with Oracle ERP Systems

Technology partnership speeds up onboarding of new suppliers while enabling real-time changes to the vendor master file San Jose, CA and Sunnyvale, CA – September 4, 2013 – Lavante Inc., the leading provider of SaaS-based supplier management and profit recovery solutions, and Estuate, a global IT services company and Oracle Gold Partner, today announced a technology [...]

Supplier Information management Spotlighted by the Sourcing Innovation blog

Lavante Connect is one of the more powerful, and more streamlined, supplier information self-management solutions on the market. In the Lavante Connect solution, the supplier is walked-through the 3 to 5-step process of completing their profile and is updated with respect to their progress, and percentage of work remaining, after each step.

Vendor File Management | Collect W9 | OFAC Screening | Insurance Certification Collection | Diversity Tracking | Supplier Onboarding | USPS Validation

Join CEO, Joe Flynn of Lavante as he interviews both Jeff Ulanoski, former Rite Aid Director of AP and Jeff Wiest, former AP Manager at Tyco Electronics on the state of Vendor Management. Find out the benefits of using technology to: Collect W9s Screen OFAC Lists Validate Insurance Certificates Validate Diversity Status Manage Supplier Onboarding Validate USPS Addresses Manage your Vendor File More...

IRS form W9 Instructions and Printable Download

Collection of IRS federal tax form W9 does not have to be so painful. Watch this short video to see how you and your organization can Request, Collect and Automatically validate the TIN numbers with the IRS using the new Lavante Supplier Information Management System.

AP Now and Tomorrow’s Mary Schaeffer Joins Lavante for Emerging Master Vendor File Practices and Issues Webinar

AP Now and Tomorrow's Mary Schaeffer Joins Lavante for Emerging Master Vendor File Practices and Issues Webinar