Automated, Real-time Recovery
Comprehensive, End-to-End Recovery Solutions
Lavante Recovery™ goes well beyond traditional statement audit services, delivering a comprehensive, automated, and continuous recovery solution that speeds more than dollars to your bottom line. Lavante’s unique approach to recovery audit uses a patented communications engine to automatically collect mass amounts of data from suppliers. Open credit information is collected and validated from the right people at the supplier. The results are summarized in a credit verification letter signed by the supplier and electronically transferred to the right person at the client organization for approval. This detailed approach, combined with an automated outreach to the client’s entire supplier base, results in the highest recovery rates in the industry and also helps to cleanse your vendor master file in the process.
Lavante Recovery™ is able to serve as a standalone service or as a complement to other recovery services by applying in-depth supplier insights to historical AP records. Lavante Recovery™ solves a range of challenges AP professionals face on a daily basis, including assuring that all available credits are recovered quickly, vendor records are always current, duplicate payments are caught, and that issues are identified through root cause analysis to prevent future payment discrepancies and profit losses.
Lavante Recovery™ Includes two comprehensive solutions that cover statement audits and duplicate payment audits:
> Click here to read about Lavante Recovery™ for Statement Audits.
> Click here to see more on Lavante Recovery™ for Duplicate Payments.
Get Lavante Recovery™ Working For You Today
Latest Recovery Topics from the Lavante Blog
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