Arlington, VA (May 4, 2010) Broadway Partners, a private real estate investment and management firm headquartered in New York, selected Nexus Systems as its AP automation provider. Broadway Partners was seeking to automate and bring efficiency to its accounts payable processes and felt that Nexus Systems and its NexusPayables product offered the most functionality and were the best fit for their strategic business goals.
In addition to efficiency, Broadway Partners was keen on NexusPayables’ comprehensive reporting, audit trail display, and easy-to-use interface. NexusPayables will eliminate paper completely through the AP approval routing process and integrate seamlessly with Broadway Partners’ MRI Software 4.0 general ledger accounting system.
Nexus Systems is a leading provider of accounts payable automation software and services. Its flagship product, NexusPayables, is a complete electronic purchase to payment solution combining PO and invoice management, invoice imaging, and sophisticated workflow-initiated approval routing with line-item budget comparisons, general ledger cost allocations, job cost accounting features, and flexible reporting tools. NexusPayables is the best of breed application in use by companies that require the expense management control, visibility, efficiency and cost savings associated with accounts payable automation and best practices.
About Broadway Real Estate Services (www.broadwaypartners.com)
Broadway Partners is a private real estate investment and management firm headquartered in New York. The firm invests in high quality real estate in select markets nationwide. Since 2000, Broadway Partners has acquired assets with a transaction value in excess of $15 billion.
The company is a vertically integrated owner/operator with professionals from a wide spectrum of disciplines, including acquisitions and dispositions, capital markets, property and asset management, investor relations, leasing and law. The senior management team has invested and operated in varied markets through all phases of the real estate cycle, which enables the firm to benefit from extensive and longstanding industry contacts.
About Nexus Systems, LLC.
Nexus Systems is the leading provider of electronic solutions that automate the traditionally cumbersome paper-intensive purchase to payment process resulting in the reduction of operating costs and faster invoice processing with tighter controls. Nexus Systems’ product and services greatly aid financial management by automating and centralizing systems through scanning, electronic workflow, approval routing, and budget controls of PO and invoice management. Nexus’ best-in-class solution, NexusPayables, enjoys continued success as a result of its mature in-depth functionality, intuitive interface, user friendly configurations, and overall ease of use for clients.
For Immediate Release
Contact: Jennifer Shaw