Software for Real Estate Spend Management

Tired of Fedexing invoices back and forth between field offices and corporate, or concerned that you’re overpaying for supplies and services? Maybe you’re spending too much time tracking down invoices, and want to maximize early pay discounts?

Try NexusPayables. A SaaS-based spend management solution – designed specifically for real estate – that lets you automate all the steps in the purchasing and invoicing process to save time, spend smarter, and build the relationships that are at the heart of your real estate business. You’ll also be able to scale your business without needing to hire additional employees.

Nexus also integrates seamlessly with your GL.

Nexus lets you significantly reduce the amount of time you spend processing invoices.

Decrease invoice and payment processing time by 65%.

Expertly Manage Your Spend

NexusPayables helps companies maximize every dollar by improving visibility into AP processes and eliminating manual errors.

When you know where every dollar is going, you can control and optimize your spend.
Comprehensive spend management lets you avoid costly double payments.

Eliminate Duplicate Payments

Concentrate spending with preferred suppliers who offer the best pricing.

Improve Spend Compliance

With a spend management solution like NexusPayables, you don't key and re-key information into disparate systems.

Reduce Data Entry

Track which suppliers offer discounts for early payment so you don't let these revenue generating opportunities pass by.

Realize More Early Payment Discounts

Improve Purchasing Controls

Automate the PO process to minimize non-compliant spending and purchasing through unapproved vendors.

Use NexusPayables to host online catalogs of your approved suppliers. Then, enable users company-wide to make purchases using your easy-to-follow, automated PO process. Flip into invoices and send for approvals/payment.

Drop items from online supplier catalogs into a shopping cart right in your spend management solution.

Create electronic POs from online catalog(s)

Get internal buy in on all purchase requisitions with automated PO approvals.

Route them for approvals

Send approved purchase orders to suppliers right through Nexus,

Send approved POs to suppliers for paperless processing

Easily convert an approved PO into an invoice, without needing to re-key any data.

Flip the PO into an invoice with a few clicks

Let all necessary stakeholders provider their approvals electronically.

Electronically send for approval

With a faster approval process, you can approve and cut supplier payments in a timely fashion.

Authorize Payment in your GL

Digitize Invoices and Increase Efficiency

Significantly reduce invoice processing costs by eliminating time-consuming manual processes.

Invoice Capture

Ingest invoices electronically via upload, scanning, or e-invoice (or, let Nexus capture/code invoices for you with a BPO service).

Invoice Validation

Automatically validate/match invoices against data in the integrated GL. Exceptions are automatically routed to the right people based on rules you set.

Invoice Approvals

Instead of walking from desk to desk, click a button to send the invoice to the right approver(s) using your business rules.

Boost Visibility to Improve Performance

With every step automated, spend management is easy. You can track metrics that determine spend effectiveness, including:

  • On-time payment percentage
  • Compliant spend
  • Category spend and volume
  • Spend to supplier ratio
  • Team productivity metrics
With Nexus' spend management capabilities, you can assess AP performance metrics with just a few clicks.
NexusPayables is easy to adopt, whether by users at the central office or at individual properties. Get rapid buy-in with this spend management solution.

Use Both in the Field and at Corporate Offices

NexusPayables is web-based software that can be used on every computer from both corporate and field offices to help manage spend. Field offices can enter and route invoices electronically in seconds. Minimal training is needed.

Easily Expand Software to Include More Functionality

NexusPayables spend management is one part of the Nexus Procure-to-Pay Platform. Easily add NexusConnect to gain additional functionality – supplier management and payments.

NexusPayables makes it easy to manage your spend. It's one part of the Nexus platform, which also includes NexusConnect.