San Jose, California, Aug. 5, 2011 (GLOBE NEWSWIRE) -- San Jose, California. -- July xx, 2011 -- Lavante, the leading provider of on-demand supplier management solutions, today announced an on-demand online webinar event, "Exploring the Dirty Secrets of Dirty Supplier Data." The webinar, held in partnership with Spend Matters, the leading procurement media site, shares how poor supplier data quality can impact both finance and procurement and will offer tips on how to add up the costs and identify areas where poor supplier data is most commonly found.
"Dirty supplier data - not to mention inadequate access to it - is a topic that is too often overlooked," said Jason Busch, editor, Spend Matters and founder and managing director of Azul Partners. "Typical large and mid-market companies are losing millions of dollars in potential savings because of dirty supplier data. Here at Spend Matters, we believe it’s high time to take out the broom and some Lysol and show organizations how to not only create clear supplier records, but how to maintain high levels of quality supplier data over time."
"During our one hour webinar presentation, we’ll show you why ERP and procurement suite standardization and spend analysis can’t fully address the fundamental supplier data quality challenges that are robbing today’s businesses," said Sherry DePew, vice president of account management, Lavante. "Procurement and finance organizations need to address these dirty supplier data quality issues now, rather than sweep them under the corporate carpet."
The one-hour webinar explores the following topics:
- Both the hard and soft costs of poor supplier data quality when it comes to compliance, business risk and finance / procurement operational efficiency
- The areas where poor supplier data is most commonly found
- What typical supplier data environments look like before and after cleansing and maintenance efforts
- The value of introducing supplier information management capabilities to insure ongoing data accuracy
- Case study shows how a global pharmaceutical company applied technology to address its vendor data issues
To register to view this free on-demand online event, please visit: http://www.lavante.com/exploring-dirty-secrets-webinar-reg.
About Lavante
Lavante is the leader in on-demand supplier management solutions, including recovery audit and supplier information management applications. Built with advanced, patented-pending technology, Lavante delivers to the financial arena a new standard in efficient technology-driven solutions that allow companies to quickly drive dollars to the bottom line, improve supplier communications, and assure high supplier data quality. Lavante solutions are deployed across Fortune 1000 enterprises including the hospitality, retail, entertainment, manufacturing, and medical industries. Headquartered in San Jose, California, Lavante is privately held and was founded in 2001. For more information please visit www.lavante.com.
About Spend Matters:
Spend Matters started out in 2004 as a simple side project, but has grown over the years to become the dominant media, analyst and research site in the procurement and supply chain market. While maintaining its roots and editorial values, it, along with new properties MetalMiner and Spend Matters UK/Europe, now serves as a global content community dedicated to examining Spend Management issues including purchase-to-pay (P2P), sourcing, supplier management, spend analysis and visibility, category management, global sourcing, supply chain, lean and other related areas. Today, Spend Matters and related properties represent a virtual gathering place for senior business executives (and their suppliers) who are making multi-million dollar global spend/sales decisions and looking to research and learn more about the newest strategies and most innovative potential solutions for their procurement and supply chain challenges. Join the conversation: www.spendmatters.com
© 2011 Lavante, Inc. The Lavante Supplier Network™ and Lavante Recovery are trademarks of Lavante, Inc.