L3 provides finance teams with a SaaS platform that identifies and recovers lost cash from billing errors, duplicate payments, contract non‑compliance, and unused subscriptions across SaaS, cloud, telecom, and freight spend. The service combines targeted data pulls from ERP and AP systems with specialist analysts who validate, prioritize, and collect credits, delivering recoveries with minimal effort from the client’s side.
Funding
Funding not disclosed
Founders
Product
Problem
Finance teams often lose cash due to billing errors, duplicate payments, contract non‑compliance, and unused SaaS or cloud subscriptions, and manually identifying these recoveries requires extensive data extraction and analysis.
Solution
L3 offers a SaaS platform that connects to a company’s ERP, accounts‑payable ledger, and vendor portals to extract targeted spend data. The service quantifies and prioritizes potential recoveries, then its recovery specialists validate claims and handle vendor negotiations to secure credits and refunds. By delivering a forecasted recovery amount and a ready‑to‑act claim list, L3 minimizes the effort required from internal finance staff while providing measurable cash return. Ongoing dispute management and recommendations for controls help prevent future leakage.
Target Audience
Primary customers are finance leaders such as CFOs, Controllers, and AP managers who oversee spend across SaaS, cloud, telecom, and freight services.
Features
- Automated data pulls from ERP, AP ledgers, and vendor portals with minimal export requirements
- Quantitative recovery analysis that ranks claims by potential value and readiness
- End‑to‑end claim execution, including evidence packaging, vendor follow‑up, and dispute resolution
- Delivery of a recovery forecast, prioritized claim list, and documented evidence pack
- Post‑recovery recommendations to implement controls that reduce repeat spend leakage