LAVANTE SIM™

Supplier Information Management

Optimizing supplier relationships and ERP system effectiveness

Accurate supplier data drives system effectiveness and saves time, resource, and dollars. Large volumes of data across multiple systems and departments, along with data decay are challenges to maintaining quality supplier data. Up-to-date supplier information is critical for compliance with regulations and controls, such as OFAC screening, diversity tracking, and new tax legislation.

Lavante SIM: On-Demand Supplier Information Management

Lavante SIM enables companies to proactively communicate with suppliers and gain real-time visibility into suppliers and relationships. Lavante SIM drives compliance across the supplier lifecycle–from initial vendor master file cleansing, to on-boarding, to ongoing maintenance.

Find out more about Lavante SIM or schedule a demo - Click here >>
Download the Lavante SIM datasheet - Click here >> 

Drive compliance & insight across the supplier lifecycle:

Create an enterprise-wide single source of truth for supplier data:

• Ensure quality of supplier data
• Gain insight into your suppliers and relationships
• Drive compliance with regulations and internal controls
• Drive corporate compliance with new 1099 Tax Legislation
• Reduce supplier risk
• Reduce cost of managing supplier information

Why Lavante SIM?

• Quick Time to Value: On-demand, "out-of-the-box" with immediate results 
• The Highest Supplier Compliance: 8X results of alternative solutions
• Ongoing Communication: Drives supplier participation and data quality 
• Funded by Recovery:  Works seamlessly with Lavante Recovery

 

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Lavante TIN Management – On-Demand TIN Collection and Management, enabling companies to drive corporate compliance with tax legislation and changes
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Lavante Connect – On-Demand Communication Platform for connecting companies and suppliers, driving the highest supplier compliance in the industry
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Latest SIM Topics from the Lavante Blog - The HUB

• Seven Tips to Avoid the Impact of Bad Supplier Data
  Bad data can be at the root of many finance and accounts payable challenges. And there are many ways vendor data can be processed that cause duplicate...
• Lavante is Pleased to Welcome Lennox Industries as a New Lavante Recovery User
  Earlier this month we announced the addition of a new Lavante Recovery™ customer, Lennox Industries.  I’d like to share with you some of the...
• The Connections Between Accurate Supplier Data and High Recovery Credits Discussed in Sourcing Innovation Blog by Michael Lamoureux
  Earlier this month, Michael Lamoureux, better known as “the Doctor”, posted two very informative blogs on Sourcing Innovation, focused on the...
• Lavante Panel Prompts Lively Discussion Centered on Statement Audits & Supplier Portals at the IFO Toronto Conference
  Earlier this month it was my pleasure to moderate a very lively and insightful panel at the Institute of Financial Operations’ conference in...
• Supplier statement audit can provide important insights before your next sourcing decision
  With the increasing pressures on the profit margins, the efficiency of the procure-to-pay (P2P) processes has been under intense scrutiny within an...