Process Thousands of Invoices a Month as Easily as a Few
Real estate companies receive piles of invoices a month, each requiring different levels of attention and approval. With Nexus AP automation, you’ll keep all your safeguards, but shorten the amount of time needed to process your invoices for payment or rejection. It’s all done electronically.
Automate Invoicing from Receipt to Approval
Once invoices are entered into the Nexus Platform, users just select the appropriate code from a pre-populated, custom list. The invoices are then automatically routed to one or many approvers, based on your configured workflows. After approval, invoices can be sent directly to your accounting system for payment. You’ll never lose visibility while in Nexus Payables.
Accept Invoices Through Multiple Channels
Suppliers can submit invoices via:
- Secure Supplier Portal – Suppliers upload their invoices into Nexus Connect for indexing and delivery to the client.
- E-Invoice – Supplier sends invoices via API to the Nexus Platform
- Email/Lockbox – Suppliers can email or snail mail their invoices to a secure lockbox. A dedicated BPO team scans these invoices and then indexes them into the Nexus platform.
Clients can upload invoices to Nexus Platform or create them on the fly.
Set up approval workflows based on:
- Invoice amount
- Required approvers
- GL code
- Over-budget amount
- Job code
Keep Your Approval Structure, No Matter How Complex
Have multiple approvers for high-dollar purchases? Or approvers in different offices or regions? Or unique combinations of approval requirements? With Nexus, any workflow configuration is possible. Best of all, no custom code is needed. A business analyst that knows your business requirements can quickly and easily build approval workflows. Change is easy, as well.
Add More Eyes
- Enable multiple individuals to simultaneously review invoices and add comments. Plus view reports comparing invoices against budget. Also, see approval bottlenecks.
Use Audit Trails
- View the electronic footprint for every step.
View and Approve Invoices from the Field
- With the Nexus Payables On The Go application, view, approve, and reject invoices away from your desk
Flip Purchase Orders to Invoices
With a few clicks, convert purchase orders into invoices using line items drawn directly from the PO
Allocate Costs to GL Codes & Properties
Easily split invoices into many line items with one predefined split activity
Compare Against Receipts
Automatically validate invoices with two and three-way matching against POs and receipts
Reduce Errors & Exceptions
Automatically catch errors with automated processes