Arlington, VA (December 22, 2010) Colliers International has selected Nexus Systems’ accounts payable automation system and services as the standard across its U.S. national portfolio.
Nexus Systems will provide fully integrated, web-based accounts payable automation software and services. NexusPayables, is an 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 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.
Colliers International selected NexusPayables for the built-in consistencies it provides companies throughout the accounts payable process. It will allow for increased accuracy and timeliness, and it assures compliance across Colliers’ accounting platform. Additionally, NexusPayables meets Colliers’ requirements for versatility, as its automatic integration, has been vetted by Nexus Systems across most common ERP and GL accounting systems, including MRI, Yardi, AMSI, Microsoft Dynamics GP and SL, Timberline, Sage, Skyline, etc.
NexusPayables’ automation supports Colliers International’s commitment to corporate social responsibility, lessening their impact on the environment by significantly reducing consumption of paper and the need for inter-office shipping and storage. It also provides a means for remote auditing of the accounts payable process.
About Colliers International (www.colliers.com)
Colliers International is a global leader in real estate services with more than 15,000 professionals operating out of 480 offices in 61 countries. As a subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), Colliers offers the stability of a strong financial partner and significant local ownership providing clients with accountability and enterprising real estate solutions. Colliers provides a full range of services to real estate users, owners and investors worldwide including: global corporate solutions; sales and lease brokerage; property and asset management; project management; hotel investment sales and consulting; property valuation and appraisal services; mortgage banking and insightful research. The Lipsey Company and National Real Estate Investor magazine ranked Colliers International as the world’s number two commercial real estate brand.
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