Arlington, VA (June 4, 2007) Workspeed Payables and Nexus Systems have been selected by Boston Properties, Inc., a leading commercial real estate investment trust, to help automate its procurement and payables processes. Boston Properties required a robust and dynamic workflow solution that integrates with its JD Edwards accounting system.
“For Boston Properties, a key initiative this year is the automation of our procurement and payables processes. We evaluated a number of options in the marketplace both within and outside of the real estate industry and felt that Nexus Systems and its product, Workspeed Payables, best fit our needs,” said Jim Whalen, Boston Properties’ Chief Information Officer.
“Boston Properties’ reputation precedes it. We are very excited that Boston Properties felt we are the right partner for them and look forward to them realizing the benefits of our software,” said Thomas Runyon, Vice President of Sales at Nexus Systems.
“Workspeed is proud to be working with Boston Properties and Nexus Systems in bringing the next wave of real estate software to market,” added Derrick Chen, CEO of Workspeed. “Our targeted solutions empower users to work smarter and more efficiently by giving visibility and accountability to complex tasks.”
About Boston Properties
Boston Properties, Inc., a self-administered and self-managed real estate investment trust, is one of the largest owners, managers, and developers of first-class office properties in the United States, with a significant presence in five select markets: Boston, Washington, D.C., New York, San Francisco, and Princeton, N.J. Its property portfolio is comprised primarily of first-class office space and also includes one hotel. Boston Properties is well-known for its in-house building management expertise and responsiveness to tenants’ needs. The Company has a superior track record in developing Class-A, Central Business District office buildings, suburban office centers and build-to-suit projects for the U.S. Government and a diverse array of high-credit tenants. www.bostonproperties.com
About Nexus Systems
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.
Workspeed (www.workspeed.com) brings significant process improvements to property owners and managers by combining the benefits of workflow automation, collaboration, and wireless communication. As a result, customers often gain unprecedented visibility and control of day-to-day building operations necessary for objectives such as increasing revenues, decreasing costs and reducing risk across an enterprise. Workspeed Payables and Workspeed Notify are the latest offerings from Workspeed, which to date, serves more than 30 leading real estate companies-representing approximately 250 million square feet of prime office space in the United States. The company is headquartered in New York City.
For Immediate Release
Contact: Thomas Runyon
Workspeed Contact: Robert Shapiro
Green Target Global Group