The AP Channel Newsletter
Home AP Blogs AP News AP Store October 26, 2011
In this Issue
Editor's Note
Imaging Mistakes
Contractor Withholding
Continuing Education
Just for Fun!
Complete invoices with no paper and just a few clicks.
Paperless AP From Day One:  Adding Integrated Web-based AP Automation to your Existing ERP.
TAPN Webinar
Excel Pivot Table Secrets for Finance Teams
October 28, 2011
Presented by Mr. Excel & CFO Magazine

Earns 1 CEU & 1 CEU
TAPN Webinar
7-Step Process: Streamline AP Operations
November 9, 2011
Earns 1.5 CPEs & 1.5 CEUs
Conference
TAPN's AP Leadership Conference 2012
April 16 – 18, 2012
Eden Roc Renaissance
Miami Beach, FL

 
How Not to Image Invoices
Front-end imaging relieves organizations from manually routing and approving paper documents. However, earning all the benefits the technology provides can be challenging, especially when mistakes are so easy to make.

This issue discusses how you can avoid some of the common mistakes organizations make when rolling out their imaging systems. In addition, government entities should take note of this week's news update.
Patrick Harbin – Editor
Imaging Mistakes

A properly implemented front-end imaging system is a boon for accounts payable. However, there are mistakes to avoid if you want to earn a swift return on your investment. These include:

  • Overlooking Image Enhancement: Image enhancement adjusts for creased lines, background colors, dust specks, etc. It also corrects off-center documents.

  • Using OCR in a Decentralized Environment: Optical Character Recognition is most successful when a company processes a large volume of invoices from a central location.

  • Networking Your Scanner: If your volumes are high, you want someone monitoring the process for errors. With networked devices, buyers tend to scan documents remotely, leaving no one to monitor for accuracy.

Find out how one organization made all the right automation choices. Sign up for the no-cost TAPC webinar, A Successful AP Case Study: Kapstone Paper & Packaging Achieves Accounts Payable and Workflow Automation for Microsoft Dynamics, featuring Pattie Wurm with Kapstone Paper and Packaging Corporation and Mike Caster with 5280 Solutions.

Contractor Withholding
If a recently passed House resolution becomes law, then government contractors will not have to withhold 3 percent from contractor payments in 2013.

See Could Government Withholding be Repealed? on TAPC.

Just for Fun!
The notion that the road is full of safe-driving adults feverishly avoiding colliding into a horde of reckless teenagers may not actually be true. See Three Studies Proving Teens Are the Most Attentive Drivers.


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