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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To handle supplier data across multi-level environments, a company must be able to collect and maintain unique information for thousands of suppliers, while also staying legally compliant and