Arlington, VA (May 16, 2006) E&S Ring Management Corporation, a leading California-based residential asset manager selected Nexus Systems to automate their AP invoicing processes. After examining a number of options in the marketplace, E&S Ring felt that Nexus Systems’ product, NexusPayables, best met their stated goals of going paperless, reducing invoice data entry, and digitizing their approval processes in a simple, straight forward manner, all with a low capital investment. NexusPayables’ automatic, two-way integration including Job Costing with E&S Ring’s Yardi G/L system was also a major factor in their decision.
“Our goal was to find a way to convert paper invoices to electronic invoices with document imaging. Once an invoice has been scanned, the image of the original invoice is always attached to the invoice and can be viewed at any time, eliminating the need to keep backup filing cabinets and storage boxes full of paper invoices. I’d like to have the shortest distance between invoice and our accounting system as possible. With the real estate industry’s best e-invoicing software, NexusPayables, we now have the perfect solution to accomplish our goals,” stated Ryan Schnobrich, Controller at E&S Ring.
“We are very excited to have E&S Ring Management Corporation join the forward thinking group of companies who are taking advantage of our NexusPayables product to increase efficiency and drive savings. E&S Ring has the great reputation of providing unparalleled service to their customers and now with the addition of NexusPayables, they will also be providing additional returns to their investors,” added Thomas Runyon, Sr. Director of Sales for Nexus Systems.
About E&S Ring
E&S Ring Management Corporation is a Los Angeles-based asset manager with a portfolio that encompasses 7,000 units throughout California, mainly Los Angeles County. The company has achieved success by providing top quality apartment homes, featuring “garden apartment” communities and superior customer service. www.esring.com
About Nexus Systems, LLC.
Nexus Systems, located in Arlington, Virginia, is a leading business process software company specializing in payables management solutions. Our software product, NexusPayables, automates the payables process by e-invoicing, scanning, electronic approval routing and PO & invoice management. Nexus Systems solutions are in use by companies that want the efficiency, flexibility and cost savings associated with the automation of business management processes. More information on Nexus Systems can be found at www.nexussystems.com
For Immediate Release
Contact: Thomas Runyon