Arlington, VA (August 8, 2008) Extra Space Storage® Inc. (NYSE: EXR), the second largest owner and operator of self-storage facilities in the United States, has chosen Nexus Systems and their product NexusPayables to automate and centralize its accounts payable invoice processing. The Nexus Systems solution will provide all of the budget and cash management controls that companies demand while seamlessly integrating into their Microsoft Dynamics GP ERP system.
“The Extra Space name is so well known and respected within the self storage industry for their world class facilities and automated operations. We are happy that a company with so much experience improving processes through technology realized all of their potential for efficiency by using our feature rich product, NexusPayables,” said Thomas Runyon, Vice President of Sales at Nexus Systems.
About Extra Space Storage (www.extraspace.com)
Extra Space Storage® Inc. (NYSE: EXR) is a real estate investment trust based in Salt Lake City, Utah with regional offices in California, Connecticut, Florida, Maryland, Massachusetts, New Jersey, New York and Texas. Extra Space Storage is the second largest operator of self storage in the U.S., and is a national owner, developer, acquirer and operator of professionally managed self-storage properties. Extra Space Storage has been investing in self-storage facilities since 1977 and has developed or acquired over 700 facilities.
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: Thomas Runyon