Upgraded version provides automated real-time recovery auditing.
Each year businesses lose untold millions of dollars to accounts payable errors. These lost revenues can be reclaimed with an effective recovery audit. Lavante, a provider of on-demand supplier management solutions, including recovery auditing and supplier information management now has technology available that makes this process much more comprehensive.
Lavante’s new release of Recovery+ works to satisfy a customer’s need to improve collaboration with their auditors. Recovery+ successfully meets this need by providing end-to-end visibility, real-time interactivity, multi-level connections and collaboration and all inclusive recovery tracking for rapid and proactive recovery auditing.
Exactly how does this impact a Recovery+ user? Through Lavante’s online portal, users can access live audit details and results. This gives a user visibility into every aspect of how their recovery program is performing.
Lavante Recovery+ technology features include an interactive reporting interface, increased scalability, smart OCR and an expanded private supplier network.
PayStream heard that Lavante is working on a new delivery model for audit services which may change the way customers think about, contract and pay for services. More information regarding this new delivery model will be posted when we receive more information.
Click here to learn more about Lavante’s Recovery+ solution.