Yearly Archives: 2015

/2015

Season’s Greetings from Lavante!

The Lavante Elves have been hard at work constructing world class educational content throughout the entire year.  We thought this holiday season was a good time to look back over the work they've done in 2015 and send one last holiday gift to everyone on the "nice" list - and everyone on the "naughty" list [...]

Reflecting on 2015 at Lavante

2015 has been a dynamic year of growth for Lavante!  We have been fortunate to see a lot of progress on many different fronts.  Today we have posted a press release reflecting our successes over the last twelve months as well as a "Year in Review"  document (at right) recounting a month by month walk though [...]

How to Manage Risk in Your Procure to Pay (P2P) Operation through Continuous Controls Monitoring (CCM) and Continuous Transaction Monitoring (CTM)

In my last blog, we discussed the challenges in managing risk in the supplier management process within the procure to pay (P2P) process. If we dive deeper into the day-to-day P2P transactional operations we find that that is virtually impossible to manually screen each supplier or invoice for fraudulent trends and anomalies, especially in “real [...]

By | December 3rd, 2015|Categories: Lavante|Tags: , , , , , , , , |0 Comments

FREE WEBINAR on 12/8: “5 Things Every Procure-to-Pay Professional Must Know”

Basware and Lavante are capping off 2015 with another free webinar in their award-winning Thought Leadership Series.  Please join us on December 8th at 2PM EST/11AM PST to walk through the five things that every professional in the Procure-to-Pay (P2P) space needs to know. In this webinar, industry thought leaders Josh Morrison of Lavante and [...]

By | December 1st, 2015|Categories: Lavante, Webinar|Tags: , , |0 Comments

Five Best Practices to Ensure Supplier Compliance throughout the Procure to Pay (P2P) Process

Even with today’s intense scrutiny to supplier compliance and internal controls due to the impact of the Sarbanes Oxley Act of 2002 and other regulatory compliance requirements such as the Foreign Corrupt Practices Act (FCPA), there are still situations in which contracts are established with phony suppliers, employees posing as suppliers, or entities on government [...]

Lavante Wins Another Technology Award for Lavante SIM

Thank you to the Institute of Financial Operations for recognizing Lavante SIM as the best-in-class software solution in the Supplier Information Management (SIM) category and the top innovation across the entire Procure-to-Pay space! This award marks the second major year-end technology award that Lavante SIM has received for our innovations in the SIM marketplace.  Last [...]

OFAC levies another HUGE penalty. Will you be next?

The Office of Foreign Assets Control (OFAC) released information on October 20th about yet another violation of their sanctions program and the dollar amount is sure to raise some eyebrows. Crédit Agricole Corporate and Investment Bank (CA-CIB) settled their civil liability for apparent violations of multiple sanctions programs.  For a number of years, dating back to [...]

Lavante Employee Interviews: Abby Ventura & Liz Bettencourt

Abby Ventura & Liz Bettencourt Lavante Customer Support Specialists Abby, Liz, What are your roles at Lavante? Abby: I started at Lavante in audit support in 2010.  About one year ago I moved into a customer support specialist role.  My responsibilities include working directly with suppliers that need help getting set up in Lavante SIM.  [...]

Lavante and Experian working together – An Unbeatable Team!

Big news today!  Lavante and Experian are teaming up to change the game as it relates to managing supplier risk.  Read all about it in today's press release.  By teaming up with Experian, Lavante will incorporate multiple commercial attributes from Experian’s BizSource database into its flagship solution, Lavante SIM, to deliver a financial stability modeling [...]

By | October 28th, 2015|Categories: Lavante|Tags: , , , , |0 Comments

Free Webinar Replay: Expert Advice for Reducing Risk in Your P2P Environment

A huge thank you to Chris Doxey for joining me on today's webinar, "Managing Supplier Risk: A Multi-Disciplined Approach for Mitigating and Detecting P2P Fraud."   Great turnout for the webinar and a great topic!   We discussed how supplier information is the foundation for managing supplier relationships and P2P processes.  It is also the first [...]