Types of Reports
NexusPayables offers standard system reports to help you maintain a tight rein on your cash flow, accounts payable, and purchasing. These include:
Cash Management Reports – Quickly and easily measure monthly accruals and track the days outstanding and aging of unpaid invoices. These reports help ensure your cash management success.
Key Performance Indicator Reports – Readily monitor the stage of approval of a particular PO or invoice. Access metrics such as the elapsed time from scanning an invoice, transferring it to your general ledger system, and making payments. This information enables management to take steps to optimize team performance by identifying and quantifying previously hidden bottlenecks.
Purchase Order, Receipt, and Invoice Activity Reports – Monitor and analyze all purchasing and invoice activities at the transaction level and view specific details of how POs and invoices are being allocated. You can also view POs and invoices by status, creator, and several other variables.
Vendor Activity Reports – Negotiate discounts with vendors based on spend history, generate details of vendor insurance certificates, and track which vendors require a 1099 with this series of reports.
Security Reports – Enhance internal controls with these reports. For example, the Active User Report displays individual user activity such as last access date. Other reports show the role rights of your user groups, what workflow rules are set up in the system, and how invoices have been reclassified after payment.
Custom Reports – Create your own reports using our Self-service Reporting Tool if you cannot find a standard report that suits your needs. This tool employs easy drag and drop features to select fields and organize columns to satisfy your requirements. These reports can be saved and shared with different users.