Supplier Data Quality is critical to the success and health of your organization. Truly, supplier data is the foundation of your entire P2P effort and the foundation of the entire P2P ecosystem. Read the article and give us your opinion.
We are excited today to announce our latest Spring Thought Leadership Webinar Series on the impacts of driving high quality supplier data and supplier management! Over the next three months Lavante will deliver an expansive 5-part webinar series to better educate professionals - in and around the P2P process - on supplier management, self-service vendor [...]
Join us on March 29th at 10:00 AM PT for an expert webinar on data quality and the costs associated with bad supplier data. The quality of your supplier data is absolutely critical to the success of your organization. In a 2015 Deloitte survey of over 200 CPO's across the globe 67% stated that poor [...]
Your Supplier Database contains the data that is the foundation of most of you day-to-day purchasing decisions. Regular scrubbing is not only a best practice for you and your team, but it is a necessary process if you hope to optimize your core enterprise functions. There’s plenty of room for improvements in this field. Without [...]
Bad supplier data can be at the root of many finances and accounts payable challenges. And there are many ways vendor data can be processed that cause duplicate vendor files to be set up. Consider the various ways that an enterprise can construct the name of their supplier in their ERP system. The screenshot below [...]
Have you heard the old riddle about the cabin in the woods? It goes like this: You are alone walking through the woods and you spot a cabin in a clearing up ahead. You are tired, cold and hungry and it is getting dark. You do not see or hear anyone in the cabin and [...]
As the "Data Quality" conversation continues to gain more momentum, we are constantly on the lookout for research and other various bits of data that help to quantify the full scope of the problem. Really... we need to know this! "How much is bad data costing our organizations?" We need to understand the scope of [...]
The topic of “dirty data” is certainly becoming more important in the Procure-2-Pay (P2P) space. As companies look for ways to further optimize their daily transactions and drive costs from their processes it becomes apparent a key blocker in the pursuit of excellence is the prevalence of “dirty data” throughout the supplier population. Of course [...]