LAVANTE RECOVERY ™

Lavante Recovery™ is a comprehensive, automated and continuous recovery solution that speeds much more than dollars to your bottom line.  Lavante Recovery offers clients a best practice, on-going statement audit solution that is focused on finding gaps in the P2P process and enabling the ongoing governance and management of suppliers. Built on top of the Lavante Connect platform, Lavante Recovery provides capabilities over and above those offered by traditional statement recovery services, without the need for on-site auditors.

Lavante Recovery can 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 is an integral component in the overall PRGX Recovery Audit solutions suite and solves a wide range of challenges that P2P professionals face on a daily basis.

LAVANTE RECOVERY BENEFITS

The Lavante Recovery™ solution is the industry’s most complete and far-reaching solution for maximizing supplier engagement and ensuring data quality

Faster Time to Value

Identify & Prevent
Duplicate Payments

Increase Visibility &
Transparency

Increase Working Capital

 

Reduce Audit Cycle

 

LAVANTE RECOVERY FEATURES

Self Service Portal

Clients have 24/7 access to their dedicated Lavante portal, a single common platform.  With an easy-to-use interface, users can immediately begin processing credits, gaining complete control over the process.

Real-time, Interactive Reporting

Lavante clients enjoy industry leading reporting and monitoring of the statement audit process in real-time.  Clients interactively view reports and configure results by time periods and/or business units.

Complete Supplier Outreach

Lavante’s technology enables you to cast a wider net when connecting with suppliers. Automated outreach goes across the breadth of a client’s supplier base to help your company maximize recoveries.

Smart OCR Technology

Lavante has developed proprietary OCR technology which increases the speed and volume of statements processed. Our technology automatically extracts key credit details into the Lavante database.

Document Management

Lavante manages and tracks all backup documents, such as credit verifications and workflow notes, for the life of the recovery program. Users have access to view documents through a simple mouse-click.

Collaborative Workflow

By allowing various Lavante auditors as well as client end-users to work concurrently in the common Lavante environment, claim actualization and reconciliations are both automated and streamlined.
“The Results Are Superb!”
“Our Previous recovery audit firms were too invasive and required too much time, Lavante requires very little time and support and their results are superb.”
Ellen Porterfield,
Cash Disbursement Manager,
Holland America Line

Let Lavante help get answers to your challenges today.
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