accounts payable recovery auditing

Copyright © 2009 Lavante. All Rights Reserved. Lavante Strategic Recovery Lavante’s unique, on-demand Strategic Recovery solution works together with our Vendor Information Management software to enable you to maximize your recovery efforts while minimizing future profit loss. By combining your AP spend history and our vendor information management capabilities with innovative, automated communication, Lavante Strategic Recovery maximizes the identification and verification of recoveries throughout your P-to-P process. Because our solution is on-demand you get instant results and a real-time view of your activity and audit progress. Try Lavante and See for Yourself. Contact us at 1.877.LAVANTE Comprehensive, In-Depth Recovery Lavante’s software automation tools enables us to do a deeper, more comprehensive review than traditional recovery methods. By partnering with you and leveraging automation, we communicate with the highest possible number of vendors—not simply the top percentage. This results in more recoveries, faster. Retain Control and Transparency Lavante enables you to manage and monitor all aspects of your audit in real-time, while retaining control of the data, communication with vendors, and decisions about accepting or denying claims. Real-time management reporting begins on the first day of your audit, granting you full access to all communications activity, vendor compliance, and recovery progress. Perform Real-Time Root Cause Analysis and Avoid Transaction Discrepancies Lavante lets you work together with vendors to identify the source and causes of transaction errors. Lavante Vendor Information Management cleans and confirms vendor relationships to minimize discrepancies. Our reporting suite provides detail and insights to prevent future transaction errors and facilitate permanent solutions.. Dynamic Reporting Provides Management Visibility Lavante delivers an exhaustive suite of dynamic, interactive management reports that are available on the first day of your audit. User-defined reporting tools enable you to configure data to gain visibility and quickly identify and resolve issues. It’s Easy The Lavante Strategic Recovery solution is delivered as an on-demand, hosted service so it’s easy to get started. You don’t have to purchase servers, deploy a new application, host on-site personnel, or support new IT infrastructure. All results and recoveries are delivered in an intuitive point-and-click interface with real-time, dynamic access that will enable your department to enjoy immediate benefits. Lavante Inc. (formerly AuditSolutions)

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Lavante’s unique, on-demand Strategic Recovery solution works together with our Vendor Information Management software to enable you to maximize your recovery efforts while minimizing future profit loss. By combining your AP spend history and our vendor information management capabilities with innovative, automated communication, Lavante Strategic Recovery maximizes the identification and verification of recoveries throughout your P-to-P process. Because our solution is on-demand you get instant results and a real-time view of your activity and audit progress.

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Page 1: Accounts Payable Recovery Auditing

Lavante Strategic Recovery

Lavante’s unique, on-demand Strategic Recovery solution works

together with our Vendor Information Management software to

enable you to maximize your recovery efforts while minimizing

future profit loss. By combining your AP spend history and our

vendor information management capabilities with innovative, auto-

mated communication, Lavante Strategic Recovery maximizes the

identification and verification of recoveries throughout your P-to-P

process. Because our solution is on-demand you get instant results

and a real-time view of your activity and audit progress.

Try Lavante and See for Yourself. Contact us at 1.877.LAVANTE

Comprehensive, In-Depth RecoveryLavante’s software automation tools enables us to do a deeper, more comprehensive review than traditional

recovery methods. By partnering with you and leveraging automation, we communicate with the highest

possible number of vendors—not simply the top percentage. This results in more recoveries, faster.

Retain Control and TransparencyLavante enables you to manage and monitor all aspects of your audit in real-time, while retaining control of

the data, communication with vendors, and decisions about accepting or denying claims. Real-time manage-

ment reporting begins on the first day of your audit, granting you full access to all communications activity,

vendor compliance, and recovery progress.

Perform Real-Time Root Cause Analysis and Avoid Transaction DiscrepanciesLavante lets you work together with vendors to identify the source and causes of transaction errors. Lavante

Vendor Information Management cleans and confirms vendor relationships to minimize discrepancies. Our

reporting suite provides detail and insights to prevent future transaction errors and facilitate permanent

solutions..

Dynamic Reporting Provides Management VisibilityLavante delivers an exhaustive suite of dynamic, interactive management reports that are available on the

first day of your audit. User-defined reporting tools enable you to configure data to gain visibility and quickly

identify and resolve issues.

It’s EasyThe Lavante Strategic Recovery solution is delivered as an on-demand, hosted service so it’s easy to get

started. You don’t have to purchase servers, deploy a new application, host on-site personnel, or support new

IT infrastructure. All results and recoveries are delivered in an intuitive point-and-click interface with

real-time, dynamic access that will enable your department to enjoy immediate benefits.

Lavante Inc. (formerly AuditSolutions)

Page 2: Accounts Payable Recovery Auditing

3150 Almaden Expressway, Suite 145, San Jose, Ca 95118 main 1.877.lavante www.lavante.comLavante Inc.

Simplified Delivery

Recoveries are delivered to you through our online web portal, accompanied by signed, vendor-

supported documentation. Our interactive Web interface makes it simple for you to accept (or deny)

claims with the click of a mouse

Flexibility for Growth

It’s easy to add new product functionality, based on your needs. Lavante’s on-demand solution is

designed to work seamlessly together to support your procurement to payment process. You can also

import reporting and trend analysis from complementary recovery efforts into Lavante and view data

in one interface.

Try Lavante and See for Yourself. Contact us at 1.877.LAVANTE.

Claims By TypeLavante performs root cause analysis

for all reported claims

Automates ProcessingLavante verifies claims and delivers electronic

batches for simplified migration into client system

Claims By Business UnitLavante can determine the originating

department/location of all reported claims

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