SOURCE: Lavante


November 07, 2011 09:04 ET

Lennox Industries Selects Lavante Recovery™

Lavante Selected for Ability to Deliver Fast Results With Automated Technology-Driven Recovery Solution

SAN JOSE, CA--(Marketwire - Nov 7, 2011) - Lavante, the leading provider of on-demand supplier management solutions, including recovery auditing and supplier information management, today announced that Lennox Industries, a leading provider of customized home heating, cooling and indoor air quality products, has selected Lavante Recovery™ to mange a comprehensive automated recovery audit process. Lavante was selected because of its technology-enabled recovery solution which drives rapid "time to cash" on a continuous basis.

"Lavante Recovery offered the best fit for Lennox Industries. We anticipate the Lavante solution minimizing the impact on our staff while driving fast and continuous results to our bottom line. This was not possible with the other more manual, project-based recovery services that we considered," stated Matthew Mears, Manager, Financial Shared Services, Lennox Industries.

Several key features of Lavante Recovery that were important to Lennox Industries included:

  • Comprehensive statement audit process;
  • Patented, SaaS technology allowing seamless access to all results through a web-based portal;
  • Speed and ease of deployment which delivers fast, continuous results;
  • Vendor file management and data cleansing as part of the recovery process.

"The selection of our Lavante Recovery solution by Lennox Industries underscores the value we deliver to companies, regardless of industry, that want rapid credit recovery results," said Joe Flynn, CEO, Lavante. "We look forward to helping Lennox Industries achieve their key financial objectives both today and tomorrow."

About Lavante

Lavante is the leader in on-demand supplier management solutions, including recovery audit and supplier information management applications. Built with advanced, patented 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

About Lennox Industries

Lennox Industries is a leading provider of customized home heating, cooling and indoor air quality products that are designed to deliver customized comfort, efficiency and functionality, with the most innovative and reliable features available. Lennox is also the first heating and air conditioning manufacturer to harness solar energy for central heating and cooling - and beyond. The U.S. Environmental Protection Agency and the Department of Energy have selected Lennox as an ENERGY STAR Manufacturer of the Year four times in recent years for its outstanding contribution to developing and promoting energy-efficient products. For more information about Lennox home comfort products, visit or call 1-800-9-LENNOX.

© 2011 Lavante, Inc. Lavante Recovery is a trademarks of Lavante, Inc.

Contact Information

  • Press Contact:
    Erin Jones
    E.S. Jones Public Relations for Lavante
    (P) 704.664.2170