Lavante Receives Technology Excellence Award from PayStream

Lavante Receives Technology Excellence Award at 2012 PayStream Summit

CHARLOTTE, N.C. — October 2, 2012 — PayStream Advisors, a leading independent research and advisory firm dedicated to helping companies automate their purchasing and payables processes, honored Lavante with a Technology Excellence Award in Purchase to Pay automation for Leading Recovery Audit Solution during an awards luncheon at the annual PayStream Summit on September 18.

“The PayStream Advisors’ Excellence Awards recognize organizations that have demonstrated excellence and innovation in their purchase-to-pay processes and the technology providers that offer best-of-breed solutions,” said Henry Ijams, Managing Director, PayStream Advisors. "Lavante’s Recovery+ solution automates traditionally highly manual recovery audit processes, providing a comprehensive, automated, and continuous recovery solution. We are proud to honor Lavante with the award in this year’s Purchase to Pay Automation category for Leading Recovery Audit Solution.”

The award was presented during an awards luncheon attended by more than 150 accounts payable, procurement, and finance professionals. Lavante was one of three Technology Excellence Award recipients.

“We are honored to receive Paystream’s Technology Excellence Award,” said Joe Flynn, CEO and founder, Lavante. “We are committed to continually innovating our solutions to help organizations effectively capture hidden credits, improve supplier relations and continuously drive money to their bottom line.”

Professionals in accounts payable, procurement and finance gathered for three days in Charlotte to learn best practices for improving their financial processes through the use of leading automation technologies by attending breakout sessions, roundtable panels, and networking events.

Lavante hosted two educational sessions including Secrets to Enhancing Supplier Management that focused on best practices to applying new technology offerings to streamline the vendor management process. The second session titled Procurement & AP – Acting Together to Maximize and Streamline Processes, focused on how recovery and supplier information management processes can be automated in a way that benefits both accounts payable and procurement.

Please click here to read more about the award on the PayStream Advisors website.


About PayStream Advisors
PayStream Advisors is a leading independent research and advisory firm dedicated to helping companies automate purchasing, payables, and financial processes through objective analysis, in-depth research, and client-specific recommendations. For more information and access to free research, visit

About Lavante
Lavante is the leader in on-demand supplier management solutions, including recovery audit and supplier information management applications.  Built with advanced, patented technology, Lavante delivers to the financial arena a new standard in efficient technology-driven solutions that allow companies to quickly drive dollars to the bottom line, improve supplier communications, and assure high supplier data quality.  Lavante solutions are deployed across Fortune 1000 enterprises including the hospitality, retail, entertainment, manufacturing, and medical industries.  Headquartered in San Jose, California, Lavante is privately held and was founded in 2001.  For more information please visit