A single, polished vendor master is not only critical for foundational P2P processes, but can be an incredible tool in the hands of the right procurement professional. Despite its importance, the utopia of vendor management often stays just out of reach for large organizations.
There is a ripple effect to poor data management across an Enterprise. Inconsistency and lack of controls lead to increased risk and untapped cost savings, as well as poor visibility into spend insights. Lavante helps sanitize, fine-tune, and consolidate your many vendor master files quickly, effectively and permanently.