Arlington, VA (August 26, 2008) Nexus Systems, a leading provider of financial process automation software and services, is pleased to announce that Colliers Spectrum Cauble Management, one of the Southeast’s largest third-party managers, chooses NexusPayables to automate their invoice processing systems.
The Nexus Systems electronic invoice processing solution, NexusPayables, combines sophisticated workflow, line-item budget comparison, GL cost allocation including job cost management, flexible reporting tools including “On Demand” CAM and audit reports with images, and full integration of data between NexusPayables and Colliers Spectrum Cauble Management’s Intuit Real Estate Solution (IRES/MRI) ERP system.
The added value of implementing a full suite of functionality includes the automatic integration of approved invoices, eliminating the need for re-keying, resulting in faster invoice processing with tighter controls.
“As one of the largest 3rd party managers in the Southeast United States, it is important that we stay on the cutting edge of technology so that we can offer our clients the most reliable and cost efficient management tools possible. We utilize a full array of operational expertise to maximize returns while mitigating the risks of our owners. After conducting a thorough evaluation of the Automated Invoice Approval and Processing Tools available in real estate, we determined that NexusPayables gives us the ability to do just that.
It integrates directly into our MRI Accounting System and gives us the power to change from a paper based world to an electronic one, smoothly and easily, even though we have more than 15 different charts of accounts. We needed a solution that was not only easy to use, but made people want to use it and NexusPayables is that solution. It gives us invoice visibility throughout the entire process, provides an audit trail for compliance, allows us to store and extract data electronically and gives us the controls and reporting capabilities to serve our clients better,” said Charles Swain, President of Colliers Spectrum Cauble Management.
“We are very happy to be working with Colliers Spectrum Cauble and are sure they will immediately see an improvement in AP efficiency and in the way their business processes flow with the addition of our software. NexusPayables offers additional business features while seamlessly integrating into their IRES/MRI GL package, including the ability to run advanced reports and eliminate the paper from their entire system. Their clients are sure to experience the benefits as well,” said Thomas Runyon, Vice President of Sales at Nexus Systems.
About Colliers Spectrum Cauble (www.colliers.com)
Founded in 1967, Colliers Spectrum Cauble provides a wide range of services to owners and users of commercial real estate. Their clients benefit from the market knowledge of one of the most experienced groups of real estate professionals in Atlanta. Additionally, their clients enjoy a national and international reach through our ownership in Colliers International, who has 293 offices in 61 countries.
With more than 33 Million sq. ft. under management, Colliers Spectrum Cauble Management’s hands-on, comprehensive approach to the requirements of property management and ownership employs a team approach that focuses on the value-added service for its clients. The Property Management team provides guidance to office, industrial, and retail clients to ensure their assets are successful. As one of the largest third-party managers in the Southeast, Colliers Spectrum Cauble Management has the platform to provide its clients with unsurpassed attention to their needs at the most cost-effective price while forming lasting “Partnering” relationships with our clients.
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: Jennifer Shaw