Complete and comprehensive Supplier Information Management (SIM) hinges on 4 major elements: Data, Controls, Functions and Analytics. These four elements define a complete and world-class Supplier Information Management solution that is absolutely crucial in the pursuit of transactional and operational excellence throughout your organization.
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.
Great story from the Lavante newsroom today! We announced the development and deployment of our Mid-Market SIM offering for general availability. This is no small feat for our team as we have, to this point, invested so heavily into building a powerful enterprise application. The new product is in production at several mid-market companies now [...]
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 [...]
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 [...]
Thanks to our good friends at the Institute of Financial Operations for giving me an opportunity to write a piece in their magazine about a topic that I am quite passionate about - Supplier Information Management! This article ran in the Q3 2015 edition of FinancialOps and they have been gracious enough to allow Lavante [...]
Today, we are releasing a free Lavante White Paper entitled "3 Pillars Maturity Model - Managing your Vendor Master File" to recap our three-part Webinar series from this summer. With an emphasis on Supplier Information Management and Vendor Master File excellence, the series hit a nerve and drove nearly a 1000 downloads and views! Understanding how relevant [...]
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 [...]
Wow... just... wow. You know how when film critics are talking about movies they say, "If you see only one movie all summer... make sure to watch 'blah blah blah.'" Well I have to make the same claim for the Supplier Portal webinar from yesterday. If you sit through only one webinar all year long, [...]
As a general rule, the most successful man in life is the man who has the best information. – Benjamin Disraeli Over the course of the past 15+ years, I have focused my career efforts towards ensuring organizations leverage the best possible information as they manage their procurement, accounts payable, supply chain, and compliance functions. [...]