Multifamily Real Estate Accounts payable
Providing full visibility and control into cashflow for your investments
The tight operating margins of the multifamily property management business make cash management, accurate forecasting and efficient business processes an imperative. However, achieving this is nearly impossible in a manual or semi-automated accounts payable environment.
A fully automated accounts payable software gives controllers and AP staff visibility into financial data and invoice tracking that they require and allows property managers to focus on their number one job, renting apartments and servicing leases.
With the needs of Multifamily Real Estate users in mind, Nexus’ products are built to meet the unique demands of this market, and will allow your organization to:
- Instantly view current budget and expenditures
- Accurately forecast future cash needs
- Manage complex workflows, approval rules, and multiple expense types
- Track Purchase Orders and expenses in one place
- Capture discounts from preferred vendors with a built-in catalog
- Track invoices and expenses at the unit level
- Approve invoices on-the-go using a mobile app
- Manage supplier insurance and compliance
Nexus is the industry leader in advanced AP Automation, having worked with over 350 of the world’s leading Real Estate companies. Empower your accounting team to succeed and request a demo today.