LAVANTE Solutions
On-Demand Recovery and Supplier Managment Solutions
Connecting companies and suppliers
Lavante provides the industry's only patented, on-demand soluitons to manage recovery audit and supplier managment processes. Our SaaS-based solutions work by connecting companies and suppliers to drive ongoing supplier communication, compliance, and insight. Lavante Recovery Audit, Supplier Information Management (SIM), and TIN Management solutions drive continuous dollars to an organization's bottom line while ensuring ongoing quality of supplier data and improved supplier relationships.
LAVANTE Recovery™ - Recovery Auditing
LAVANTE SIM™ - Supplier Information Management
LAVANTE TIN Management™ - TIN Collection & Validation
Why Lavante?
- Quick Time to Value: Lavante delivers its solutions on-demand, ensuring rapid customer deployments, low impact on customer resources, and immediate results
- Highest Supplier Compliance: With best-practice compliance processes and services, Lavante delivers the highest supplier compliance in the industry, averaging 8X results of traditional, alternative solutions
- Quality Supplier Data: Lavante drives proactive and continuous communication with suppliers, enabling suppliers to manage their own information and ensuring that supplier information is always validated and accurate
- Lavante Supplier Network: Lavante continues to build and leverage its supplier network of over 2.1 million companies to drive supplier compliance; suppliers benefit from a single, self-service portal to manage their information across all Lavante customers
- Increased Cash Flow with Self-Funding Capabilities: Lavante delivers 5-10X the results of traditional vendor statement audit approaches, with average time to cash of 19 days; Lavante customers can fund projects with the credits they find from Lavante Recovery
"Lavante's toolset not only helps companies identify outstanding credits in their supplier base, it also allows them to drive the quality of their supplier data to improve the basis of overall relationship management. This approach goes far beyond the balance of trade visibility that companies have today with traditional spend management tools and it can also enable companies to help fund supplier information management programs based on the results of audit recovery initiatives."
- More recovery dollars - Lavante recovers an average of $600-$900K of credits per $1B in spend
- Immediate results - average time to cash is only 19 days
- Easy-to-use, non-invasive - automated statement audits require minimal support with results are presented via intuitive dashboard