Champlain National Bank Saves Time and Trouble with LaserVault

They automated report storage and indexing with one inexpensive solution perfect for AS/400s.

Champlain National Bank of Champlain, NY has been providing financial services for more than 75 years. They are an independent, community-owned bank, with eight branch offices located throughout northwest New York. Offering a full range of services to its customers, Champlain needed a fast, inexpensive, and easy-to-use system for managing and storing their reports. That’s why Champlain National Bank chose LaserVault.

We talked to Jim McDaniels, Vice President of Information Systems for Champlain, about the LaserVault system.

AS/400 Friendly

“We run the Jack Henry 20/20 system on our AS/400, and every single report that has been created off of our nightly processing is stored on LaserVault. We actually migrate the data off of the AS/400 to a server for the browser-based application. LaserVault is pretty streamlined as far as integration with the AS/400 is concerned, it’s easy to run, and it really only takes a few commands to move data from one place to another. I have a lot of the application built into a CL program, so that during the night process the data is moved automatically from the AS/400 to the server.”

Jim adds, “We've also been able to migrate reports from other sources besides the AS/400 that were previously saved only in paper form. This has saved us from having to fill up our filing cabinets.”

Data Mining with NeXtract.

“There are a number of key people around the bank who use NeXtact,” Jim says about NeXtract, the data mining tool included for free with the LaserVault system. “They use it on a pretty frequent basis. It’s a really nice tool, I really like it.”

“There are sometimes specific reports that people want to pool data out of, like for instance out of number of reports over a period of time, and bring the information into a spreadsheet. For example, we had a customer who was unsure about some checks that had been posted, and we went to that report and were able to pull some items over a long period of time and develop an Excel spreadsheet for them out of the data. Then they could actually see everything in one concise picture. NeXtract was very useful in that situation.”

Everybody’s Happy

“Management here is like management everywhere – as long as what we’ve got is doing what it is designed to do, and employees are using it, they’re happy. They were happy with LaserVault, I think, even before we got the upgrade, because everyone was using it and it was pretty much hassle-free.”

“LaserVault really is one of the key components that we have here at the bank, because we have migrated away from printing a lot of reports, to storing them on LaserVault and having people look them up online. On the average, there might be anywhere from three to four hundred reports that are saved to LaserVault daily. That quickly adds up to a lot of saved paper.”

One Size Fits All

“LaserVault is a product that would work with most banks. We’re about a 170 million dollar bank, I was at a 300 million dollar bank and it worked there as well. Anybody who has used LaserVault has found it easy to use, your tech support does a great job, and they’re usually able to help me right away. Pam, our primary sales contact there at ESC, has always been upbeat and on the mark with everything she’s said. I would think even a billion dollar bank would benefit from a product like this.”

Click Here to Watch A Flash Demo On LaserVault