Upgrade Your Electronic Payments

Use Nexus’s automated payments solution to pay your suppliers securely.​

Instead of writing paper checks, perform every step online – from approval to payment. Track easily.

Book Demo​
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Use Nexus’s electronic payments solution to pay your suppliers securely - and online.

Preferred by Top Real Estate Companies

Nexus is the most trusted electronic payments platform for multifamily, CRE, and other real estate segments. ​

Reduce Vendor
Calls by 75%

Virtually eliminate the “When can I expect payment?” or “Did you receive my invoice?” calls because vendors can get answers 24/7 on the Nexus online portal.

Slash Time Spent on
Payments by 50%

Forget running around to get checks cut. Centralize all reviews in the Nexus electronic payments solution and manage everything with clicks.

Reduce Payments
Cost by 40%

Cut back on printer, postage, and check stock needed to send in-house checks. Nexus will pay vendors with secure virtual cards, ACH, or outsourced checks.

Gain More Control Over the Payment Process

Buyer (you)
Just sent a batch of approved invoices to the Nexus electronic payments solution
Send & Approve Payments
You can choose from a variety of payment options when using the Nexus electronic payments solution
Nexus Issues Payments
Supplier

No paper checks lost in the mail. With Nexus’s electronic payments solution, all payments are visible 24/7.​ Once you say go, Nexus issues payments in Nexus Virtual Card, NexusDirect, ACH, or outsourced check.

I love that everything is taken care of with the click of a button. NexusPayments saves my colleagues’ time. It saves my company money. And we earn rebates to boot.
So, it’s a win-win-win.

Tom Guerrieri
Vice President, Chief Accounting Officer & Controller
Tanger Factory Outlet Center, Inc

Pay Your Suppliers Electronically With the Widely Accepted Nexus Virtual Card
With the Nexus electronic payments solution, you can pay vendors with the secure Nexus Virtual Card

Pay Suppliers With the Widely Accepted Nexus Virtual Card​

Nexus has a large community of real-estate-related suppliers who have already made Nexus Virtual Card their default payment method. They are all set to accept card from you, as soon as you launch NexusPayments (in as little as two weeks).

Plus, Nexus will contact any remaining suppliers to interest them in switching from check payments to Nexus Virtual Card. If card doesn’t work, Nexus can pay vendors in ACH or outsourced check through our electronic payments solution.

Track All Payments Online ​

Both you and your suppliers can use the NexusConnect portal to view:

  • Current and historical payments
  • Payments for a particular timeframe
  • Invoice(s) associated with each payment
With Nexus's Electronic Payments Solution, both you and your suppliers can track payments online, 24/7

Keep Your System(s) of Record & Enjoy Automatic Sync with Nexus AP Automation Software

Nexus passes invoice data automatically to your GL, while budgets, actuals, vendors and other data flow seamlessly into Nexus. You’ll have the context you need to approve invoices and manage your AP. ​

Nexus AP automation software integrates with over 30 property management systems, giving you all the data you need to manage invoices, payments, and procurement expertly. Nexus imports/exports the data automatically, while your property management system(s) remain the system of record.

Nexus Electronic Payments FAQ

We create amazing digital products

There are many:

  • Lowers your payments costs – By automating your vendor payments with Nexus, AP payment costs often drop by 40% because you don’t have to pay for printers, postage, ink, and many other expenses associated with getting checks out the door.
  • Saves time – Nexus customers report they shaved off 50% of their time over manual payment processing because documentation and approvals are centralized and online – and any action only requires a few clicks to complete.
  • Increases security – Electronic payments, such as Nexus Virtual Card and ACH, are far more secure than checks (see below).
  • Increases visibility for both you and your suppliers – Payment status is visible online 24/7 in the self-service portal, NexusConnect.

Nexus will pay suppliers on your behalf using Nexus Virtual Card, NexusDirect, ACH, or outsourced check. Virtual card and NexusDirect are the fastest of all the options and can generate rebates that can cover licensing fees. Nexus processes the payments immediately; it doesn’t use a sweep account to centralize the funds.

Yes. Suppliers will honor their buyers’ payments preferences. They don’t want to lose your business, and many prefer electronic because they’ll get paid faster than checks.

Moreover, suppliers trust Nexus. They can see all their payments online with NexusConnect. And whenever they need support, Nexus has a team ready to help.

Per Patrick Lambert, Owner of Haul Gone LLC, “[Nexus] customer service is Top Notch. [They’ve been] instrumental in helping us during initial set up and have been a great source of knowledge with our occasional queries. We are happy with NexusConnect and give them a 5 Star rating.”

While we’ve heard of some rare instances of suppliers raising rates, we know it’s not a widespread practice. Most simply consider any virtual card fees they incur as a normal cost of doing business.

Some Nexus customers even make electronic payments – Nexus Virtual Card and ACH – mandatory for their suppliers.

No. You can choose whom you pay electronically. For example, if you have a vendor that likes to stop at the boss’s office to chit chat and receive their check, you can still do so. You choose whom you pay through Nexus and whom you pay in-house. But keep in mind, the more suppliers you pay through your Nexus electronic payments solution, the more time and cost savings you’ll achieve (not to mention rebates you’ll earn).

Nexus has an industry leading self-service portal, NexusConnect, where suppliers can easily check both invoice and payment details – at no cost. Nexus customers report that calls and emails from suppliers decrease by about 75%, thanks to all the information available in the self-service portal.

Nexus initiates payments to your suppliers as soon as you have approved them for disbursement. We don’t put them in set-aside accounts or charge interest. Secure electronic payments are in suppliers’ hands in just a few days. Check payments are mailed the following business day.

Yes. You can start with the Nexus electronic payments solution only. However, there’s a lot more functionality when you automate payments and invoices together, such as the ability to see the full invoice that you paid or are about to pay.

Book Demo​​

Fill out the form and a Nexus expert will show you how NexusPayments works.

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