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by Lavante

Product Details

San Jose, CA
Year Founded
On Premise
Web Based/Cloud
Software Type

About This Software

Lavante approaches recovery auditing from the supplier side with a revolutionary on-demand solution. Lavante performs statement audits – reviews of the AR accounting records of a company’s suppliers for un-offset credits. The challenge with successfully executing a large-scale supplier AR review is managing communication with mass volumes of suppliers. Lavante automates the end-to-end statement auditing process with on-demand software to manage supplier data, orchestrate outreach, collect and manage incoming information from suppliers and identify credits. On average, Lavante recovers $600-$900K of credits per $1B in spend – 5-10x the result of traditional approaches.

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