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Managing Accounts Payable

How LaSalle Moved Its Paper Invoices to Front-End Imaging

October 2007

Main article

It was the dawn of the new millennium, and LaSalle Bank was in the dark ages in the way it handled its invoices—it was paper-based and decentralized. In 2001, the AP department decided to move from paper invoices to imaging. But they did not go directly to their current front-end imaging setup—they first went to a back-end imaging program. Along the way, AP realized that going paperless is not just about transitioning to electronic documents—it’s about improving workflow. In the end, AP gained centralized real-time control over its invoices, streamlined processing, reduced AP staff, and significantly lowered its expenses.

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October 2007 Table of Contents [ toggle snippets ]

  • MAP October 2007 (Full PDF Issue)
  • 5 Best Practices AP Pros Use to Make Shared Services a Success
  • How LaSalle Moved Its Paper Invoices to Front-End Imaging
  • Research Identifies New Paradigm for AP Automation
  • Streamlined Sales Tax: Task Force Proposes One Sales Tax Rate Per State
  • 8 Ways to Get the Most out of Employee Appraisals
  • Accounts Payable Calendar (October 2007)
  • News Briefs (October 2007)
  • Coming in Future Issues of Managing Accounts Payable (October 2007)
  • New T&E System: Build or Buy?
 

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