Technology partnership speeds up onboarding of new suppliers while
enabling real-time changes to the vendor master file

San Jose, CA and Sunnyvale, CA – September 4, 2013 – Lavante Inc., the leading provider of SaaS-based supplier management and profit recovery solutions, and Estuate, a global IT services company and Oracle Gold Partner, today announced a technology partnership designed to help Fortune 1000 corporations using Oracle-based ERPs accelerate onboarding of new suppliers and keep the vendor master file up-to-date.

 Under terms of the agreement, Estuate will be the preferred integrator for Lavante deployments involving Oracle-based ERPs.  The integration enables real-time or batch-loaded data exchange between Lavante SIM™, the leading SaaS supplier management software that collects, validates and stores all information required for supplier onboarding and vendor file maintenance, and Oracle ERPs including Oracle, Oracle Fusion, JD Edwards and PeopleSoft.

“Systems that collect supplier data sit outside the ERP and the data is often incomplete or out-of-date”, said Sam Klepper, CEO and President of Lavante Inc. “The partnership between Lavante and Estuate enables customers to automatically collect accurate vendor data and seamlessly pass a required subset to the ERP facilitating transactions and strategic finance projects such as check-to-ACH conversion.

“We are seeing growing demand for Oracle ERP integrations involving supplier data”, said Prakash Balebail, CEO and Founder of Estuate.  “Our partnership with Lavante provides the real-time data customers need to speed up supplier onboarding and vendor file maintenance.”

The companies will jointly host a webinar on September 17th at 10am Pacific Time entitled “Secure Vendor File Management and Cleansing using the Oracle Family of ERPs” and can be found on the Lavante website at http://www.lavante.com/

About Lavante

Lavante is the leader in SaaS (software-as a-service) supplier management solutions, including supplier information management and recovery audit applications.  Fortune 1000 companies rely on Lavante to reduce the time and cost spent managing suppliers, drive ongoing compliance with regulations and automatically create an enterprise-wide single source-of-truth for supplier data that is constantly updated.  Headquartered in San Jose, California, Lavante is privately held and was founded in 2001.  For more information, please visit http://www.lavante.com/

About Estuate
Estuate is the world’s leading specialist in ILM for Oracle-based applications, both package and custom. We use IBM Optim Solutions in our implementation of ILM for Oracle E-Business Suite, Oracle Siebel CRM, Oracle PeopleSoft, Oracle JD Edwards, other Oracle industry application packages and custom applications on Oracle databases. We have successfully implemented IBM Optim Solutions for over 150 clients worldwide across a wide range of industries, sizes and platforms.

Contact

Chris Smith

chris.smith@lavante.com