Arlington, VA (January 23, 2008) Capital Properties Services LLC, a leading developer and management of premier commercial and residential properties headquartered in New York City, selects Nexus Systems as its e-invoicing provider. Capital Properties was seeking to automate its accounts payable processes and felt that Nexus Systems and its NexusPayables product were the wisest choice for e-invoicing and the best fit for their strategic business goals. Capital Properties will go completely paperless by utilizing Nexus Scanning Services, in conjunction with NexusPayables software, for coding and scanning, invoice receipt management, electronic routing for approval, reviewing, archiving, and seamless integration with its MRI/IRES GL package.

About Capital Properties, LLC (
Capital Properties is a privately-owned real estate investment, development and management firm founded 1977 in Boston, Massachusetts. The company’s portfolio of ongoing and completed projects includes premier residential, hotel and commercial properties in major markets such as Boston, New York and Washington, D.C. Since its inception, the company has developed, acquired and managed more than 17,000 apartment units and eight million square feet of office space. The company’s commitment to excellence, strong sponsorship and value-added approach has yielded unique properties with exemplary financial performances. Its management division’s signature policy is to provide superior tenant environments with outstanding services and amenities.

About Nexus Systems, LLC.
Nexus Systems, located in Arlington, Virginia, is the leading provider of electronic solutions that automate the traditionally cumbersome paper-intensive AP process. Nexus Systems greatly aids financial management by automating the payables process through scanning, electronic approval routing and PO/Invoice management. Nexus’ product, NexusPayables, enjoys continued success as a result of its functionality, reporting, user friendly configurations, and ease of use for clients.

For Immediate Release
Contact: Thomas Runyon