Arlington, VA (September 3, 2009) Nexus Systems, a leading provider of accounts payable automation software and services, is pleased to announce that Triangle Equities Management Company, LLC (“Triangle”) has chosen its flagship product, NexusPayables, to automate its accounts payable (“A/P”), purchase order (“PO”) and invoice process. The NexusPayables system will be fully integrated with Triangle’s IRES/MRI accounting platform, to include MRI’s job cost accounting data elements.
Prior to signing with Nexus Systems, Triangle had used a different provider of A/P software that did not completely satisfy their need of PO management and job cost accounting requirements, nor did they provide the overall A/P management control they desired. Now, Triangle will utilize the NexusPayables A/P automation solution for efficiency and control of its entire A/P processing and approvals from purchase to payment. Additionally, Triangle will take advantage of the system’s sophisticated job cost accounting tools. This advanced functionality allows for job cost allocations set at the user level to sync with the company’s MRI general ledger enterprise system.
The NexusPayables complete electronic purchase to payment solution combines PO and invoice management, invoice imaging, and sophisticated workflow-initiated approval routing with line-item budget comparisons, general ledger cost allocations, optional job cost 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 practices.
About Triangle Equities (www.TriEquities.com)
Founded in 1986, Triangle Equities Management Company, LLC, was established as a Queens-based full service real estate firm. Triangle specializes in the ownership, development and management of value added Commercial Real Estate projects focused on office building & retail in and around the 5 boroughs of New York City. Triangle is both an owner as well as an investor in the real estate projects it develops. The management of a property they’ve developed is a critical component of Triangle’s success. The importance of excellent tenant relationships is always thoroughly emphasized through maintenance and marketing programs, landscape management, community relations, and security programs. Currently, Triangle is seeking to acquire undervalued assets for re-positioning, in the Tri-State area.
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