Automating Vendor Management
Automating Vendor Management with Lavante SIM
Are you still relying on manual processes to manage your supplier communications and relationships? In a recent survey conducted with IOFM, we have learned that the majority of organizations - large and small -- are doing just that: Trying to manually control the thousands of supplier connections, manage the exploding volumes of required documents, and keep the vendor files clean and up-to-date. And it isn't working.
View this short, focused webinar to see how Lavante SIM applies advanced technology to simplify the complex supplier information management process. Our SaaS-based solution enables companies to proactively communicate with and onboard suppliers, while collecting and managing required documents and providing continuous visibility across suppliers relationships. From self-service onboarding to real-time management reports, Lavante SIM is built for finance to allow full control over supplier information and improve supplier relationships.
View the webinar to learn more about:
- The Current State of Vendor Management in AP
- The 3 Greatest Value Tasks Surrounding Vendor Management
- The Benefits of an Automated Self-Service Solution
“Lavante [SIM] allows you to collect detailed information on all of your suppliers, including detailed information on each contact…The supplier interface allows a supplier to log-in and manage 100% of their information, which minimizes buyer effort if suppliers take an active role in buyer interaction. At any time, a buyer can get a list of all suppliers who have not provided requested information as well as suppliers who have registered and completed their profile.”
- Sourcing Innovation
- Quick Time to Value: On-demand, "out-of-the-box" with immediate results
- The Highest Supplier Compliance: 8X results of alternative solutions
- Ongoing Communication: Drives supplier participation and data quality
- Funded by Recovery: Works seamlessly with Lavante Recovery