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Paystream Further Defines the Supplier Information Management (SIM) Market

As last year wrapped up we were fortunate to work with PayStream Advisors on research that they were doing to help further explore and define the Supplier Information Management (SIM) market.  The document they have produced, "The Power of Supplier Information Management Technology" explores the complex requirements of managing supplier data.  The paper serves as [...]

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 [...]

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

Do you really know how FATCA affects your business?!

Very proud to announce a new Lavante White Paper presented by our friends at IOFM and TAPN and authored by myself and Joe Flynn of Lavante as well as Kelli Wooten of Markit/CTI.  This latest educational white paper offers a deep dive exploration of how an enterprise can become compliant with FATCA standards in 2015/16. [...]

The “Real” Story Behind Accounts Payable Recognition Week!

Hello everybody.  We are coming to the close of another magical "Accounts Payable Recognition Week" and it got me thinking...  Why do we honor Accounts Payable professionals?  Actually, the better question is, "why have we dedicated only one single week to this celebration?"  Think about it.... On the premise that Accounts Payable (AP) is the [...]

By | October 16th, 2015|Categories: AP Industry, Lavante|Tags: , , , |0 Comments