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Accounts Payable Recovery Trial

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The Lavante ProForma Estimator generates a preview of the likely cash recoveries and vendor updates you will receive if you choose to engage in a Lavante Strategic Recovery audit. Utilizing your ...

The Lavante ProForma Estimator generates a preview of the likely cash recoveries and vendor updates you will receive if you choose to engage in a Lavante Strategic Recovery audit. Utilizing your master
vendor file, the Estimator leverages Lavante’s extensive database of historical audit detail, a proprietary,
on-demand software application and a supplier network of over 2 million companies to develop a comprehensive vendor and recovery analysis. The Estimator previews potential cash recoveries, duplicate and related vendors, recovery projections over time, vendor updates, and more.

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Accounts Payable Recovery Trial Accounts Payable Recovery Trial Document Transcript

  • ESTIMATOR Lavante ProForma Estimator The Lavante ProForma Estimator generates a preview of the likely cash recoveries and vendor updates you will receive if you choose to engage in a Lavante Strategic Recovery audit. Utilizing your master vendor file, the Estimator leverages Lavante’s extensive database of historical audit detail, a proprietary, on-demand software application and a supplier network of over 2 million companies to develop a comprehensive vendor and recovery analysis. The Estimator previews potential cash recoveries, duplicate and related vendors, recovery projections over time, vendor updates, and more. Powerful Estimation Technology The Estimator does not rely on overall industry average recovery rates to estimate your results. Instead, we use results specific to your vendors where possible and augment that with historical results from our Strategic Recovery audits. This results in more detailed, accurate, and therefore more useful estimates. Utilizes Vendor-Specific Information There’s a good chance that Lavante will have audit experience with many of your vendors and that many more will be in our Supplier Network of over 2 million vendors. This allows us to update vendor contact information, determine potential duplicates and related vendors, and project audit results for specific vendors from actual experience. Helps Set Expectations Some audits produce more than you think, some less. While it’s impossible to know for sure ahead of ProForma Estimator Interface See backside for more details time what the results of your audit would be, the Estimator will help refine expectations. Simple. Easy. Fast. All we need to start is your vendor master file with one or preferably two years of spend history. Once we receive this information and load it into the Lavante application, results will be generated within a matter of hours. Vertical Market Experience Lavante has significant experience in major vertical markets including: Manufacturing, Healthcare, Transportation, Railroads, Retail, Pharmaceuticals, Entertainment, Grocery, Hospitality and Fast Food, among others. Thus, chances are good Lavante has specific experience with many of your vendors already, making estimates even better. Head Start to an Audit The steps and analysis we go through to produce an estimate are some of the same steps for the start of an audit. Thus, should you contract with Lavante to perform an audit, you’ll have a head start on our already speedy Strategic Recovery process. Comprehensive Vendor-Side Review The Estimator previews Lavante’s software automation tools which enable 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 your vendors—not simply a percentage. This results in more recoveries, faster. Power of Vendor Knowledge Since Lavante likely has experience with a good portion of your vendors, chances are we already have insight into parent/sub structures and have points of contact with those vendors. This allows us to recover more profits, enhance vendor relationships and provide you more corrections to your vendor master file. Duplicate vendors frequently leads to duplicate payments, so this maintenance function provides a key “prevent” control. Lavante Inc. (formerly AuditSolutions) Copyright © 2009 Lavante. All Rights Reserved.
  • Lavante ProForma Estimator Lavante ProForma Estimate Example Comprehensive estimates of results you might get from a Lavante Strategic Recovery audit. Matched vendors means Potential vendor changes. Fix Lavante has experience with Total Estimated Recovery root-cause issues and prevent your vendors already over two years errors. Vendor updates are a significant Only verified claims are portion of Lavante Strategic submitted. Lavante does the Recovery engagement work, not the client Some of the information and charts previewed by the Estimator. Results of Lavante ProForma Estimator are based on actual historical results from Lavante’s recovery audit customers and from vendor information in the Lavante Supplier Network. The Lavante ProForma Estimator combines this information with Lavante vendor analysis and the prospect’s vendor spend file to project potential recoveries and vendor updates. Historical experience cannot guarantee future results, which are dependent on additional factors to those being considered in this analysis. Contact Lavante to arrange for your free custom recovery estimate. 1.877.LAVANTE. Contact us at 1.877.LAVANTE, or visit www.lavante.com. Lavante Inc. Copyright © 2009 Lavante. All Rights Reserved. 3150 Almaden Expressway, Suite 145, San Jose, Ca 95118 Rev: I09