Falls Church, VA (August 31, 2011) Nexus Systems is pleased to announce that Cardinal Management Group, a full-service community and property management company, has selected its accounts payable automation software, NexusPayables. Cardinal Management will utilize the NexusPayables for its AP invoice processing and to streamline purchase order (PO) and invoice approvals from its various communities’ HOA and Condo Board Members. NexusPayables aligns each purchase order line item to integrated budget data from its Jenark general ledger accounting system, and then electronically routes the PO through a pre-configured workflow to each Board Member for approval. Furthermore, NexusPayables will not allow any out-of-budget purchase order or invoice to be processed without collective approval from the Board; thus assuring the HOA and Condo Board Members that not a penny will be spent without their approval.
Cardinal Management will equip HOA and Condo Board Member approvers with Nexus’ mobile application, NexusMobi, to allow for the greatest efficiency in workflow approvals and convenience.
NexusPayables is a web-based paperless AP purchase-to-payment solution combining POs, 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 in use by companies that require a comprehensive application for the expense management control, visibility, efficiency and cost savings associated with accounts payable automation and best practices.
About Cardinal Management (www.cardinalmanagementgroup.com)
A full-service community and property management company, Cardinal Management Group, provides outstanding service at competitive prices. Since launching the company in 1987, Cardinal Management Group’s principals—brothers Thomas, Don, and Patrick Mazzei—have remained steadfast in their commitment to superior service.
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