Arlington, VA (June 16th, 2005) – Nexus Systems is pleased to welcome Madison Marquette to the rapidly growing number of companies who are benefiting from our NexusPayables e-invoicing software application. Madison Marquette will use NexusPayables to manage all of their invoice approval routing, workflow, and budget control needs. To gain even more efficiency, Madison Marquette has chosen to use our outsourced solution for scanning and indexing their invoices. These invoices will be automatically deposited into Madison Marquette’s NexusPayables application and electronically routed for approval to their defined users located throughout the United States. Finally, after all the business rules have been fulfilled, the invoices will seamlessly enter Madison’s IRES (MRI) GL package through Nexus Systems’ automatic two-way integration with the IRES software.
“With the stature and reputation that a company like Madison Marquette has in the industry and their steadfast focus on value and results, we are very excited to be chosen as their e-invoicing partner. They clearly understand the value and return that NexusPayables can provide and this re-affirms Nexus Systems’ leadership in the e-invoicing market,” said Thomas Runyon, Senior Director of Sales for Nexus Systems.
“Nexus Systems has demonstrated that NexusPayables is the more mature, yet easiest to use payables extension on the market today. In speaking with one of their current clients, we liked the feedback we received on the return on investment as well as their outstanding customer service and attention to detail. This is how we do business and we look for the same in every business partner we choose,” said T.J. Finnerty, Corporate Controller for Madison Marquette.
Madison Marquette will realize the following benefits of NexusPayables:
- Reduction of paper flow, resulting in faster processing and no lost invoices
- Enforced control of AP policies and approval limits
- The ability to mirror their current AP process reducing change management concerns
- Easy to use and always accessible management reports
- Instant access to invoice information reduces calls to accounting staff
- Existing accounting staff can handle company growth without adding staff
- Increased visibility to current budget and actual expenditures
About Nexus Systems,Inc.
Nexus Systems, located in Arlington, Virginia, is a leading business process software company specializing in payables management solutions. Our payables management 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 products can be found at www.nexussystems.com
About Madison Marquette
Madison Marquette delivers superior quality, service and value to their clients, investors and retailers. With the strengths of a sophisticated national organization plus strong regional and local market expertise, they provide an integrated approach with their full-service capabilities to the needs of the property.
They create innovative solutions that enhance the value of over 30 million square feet of unique retail destinations including lifestyle centers, regional malls,community and neighborhood centers, urban retail, and mixed-use properties from coast-to-coast. (www.madisonmarquette.com)
For Immediate Release
Contact: Holly Ford