May 4, 2010 – Recovery Audit Technology Leader Lavante Speaking and Exhibiting at IAPP Conference
Company Introducing New Supplier Information Portal – Lavante Connect™
San Jose, Calif. – May 4, 2010 – Lavante, the technology-leading provider of profit recovery and supplier information solutions to Fortune 1000 companies, today announced it will be presenting at three sessions at the IAPP Fusion 2010 Conference May 9 – 13 at Gaylord Texan Resort and Convention Center in Grapevine, Texas. It also will be introducing its new supplier information portal, Lavante Connect, a SaaS-based, automated self-service supplier portal.
A strategic partner with IAPP, Lavante supports efforts to educate and empower payables and procurement professionals. Its three session topics include: best practices for vendor file management, an overview of supplier portals, and how to use social media to enhance job performance.
Lavante will be demonstrating its profit recovery audit applications along with its new Lavante Connect supplier portal. The new portal automates supplier on-boarding, TIN matching and management, and on-going vendor file management, while providing real-time visibility into supplier information across the organization. With provisions of the recent health care legislation containing new 1099 requirements, the TIN matching and management capabilities of Lavante Connect are particularly timely for corporations as they face the new challenge of managing TINs for a much larger portion of their suppliers.
Lavante Connect is the next step in Lavante’s continuing delivery of innovative technology that strengthens the supplier-customer relationship while delivering cash returns through recovery services.
- Supplier Portal – Lavante Connect, which will be released this summer, is an on-demand portal that enables companies to manage complex supplier information globally. It enables organizations to quickly set up new suppliers and maintain information on existing ones. It simplifies supplier on-boarding by automatically requesting required data, validating key items, and leveraging automated workflow to ensure the proper approvals. Ongoing, automated supplier information maintenance and cleansing help prevent future discrepancies and profit loss, while reducing the resources needed to maintain vendor files.
- IAPP Conference Session, May 10, 11:00 a.m. – 12:00 p.m. – Tom Flynn, Lavante VP of Marketing, will present “Using Social Media to Promote Your Company, Advance Your Career and Get More Done in General.” He will outline the major products in use today and demonstrate how corporations are utilizing them to promote their brands and add to their bottom line. He’ll also discuss how accounts payable and other financial professionals can use social media tools to enhance their job performance.
- IAPP Conference Session, May 11, 2:15 – 3:15 p.m. – Lavante’s VP of Product Management, Sherry DePew, will present “Leveraging Your Vendor File to Maximize Profits,” where attendees will learn best practices for managing vendor files to identify and recover credits due, and to increase their company’s bottom line.
- IAPP Conference Session, May 11, 3:30 – 4:30 p.m. – Sherry DePew will present “An Overview of Vendor Portals.” A number of recent industry surveys have named supplier portals as one of the most in-demand technologies for 2010. Lavante will review the various types and functions of supplier portals and ways to increase vendor acceptance rates.
“The IAPP Fusion Conference gives us a great opportunity to showcase our new and innovative solutions, such as our new Lavante Connect supplier portal. It’s also a great chance to share with accounts payables and shared services professionals the best practices we’ve gained through our extensive customer experiences.”
Joe Flynn, Founder and CEO, Lavante
Lavante is the technology-leading provider of on-demand profit recovery auditing software and services, and supplier information management software solutions. Lavante helps Fortune 1000 companies enhance cash flow, productivity, compliance and control. Lavante’s innovative software automates the collection and analysis of information from a company’s entire supplier community. The Strategic Recovery process combines this vendor knowledge and accounts receivable records with intelligent accounts payable audit algorithms to maximize cash recoveries. Lavante’s SaaS-based software offerings provide on-demand, real-time visibility into the audit process and automate the updating and cleansing of vendor records. For more information, visit lavante.com. Follow us on twitter at twitter.com/lavanteinc.