Transform Procure-to-Pay into a Well-Oiled Machine
Keep your existing P2P process, from procuring supplies to paying vendors, but ditch all the paper. Nexus’ automated Procure-to-Pay platform incorporates every rule, approval requirement, and routine. You’ll speed up processes, gain visibility into what’s working (and what’s not), and optimally manage your real estate spend. It integrates into your system of record, too. Nexus has modules for every need.
Create custom supply catalogs for your teams and enforce ordering rules
- Incorporate multiple vendor catalogs into your Nexus Procure to Pay platform
- Select items from multiple catalogs and place them in one master shopping cart
- Generate purchase orders on the fly
Create a fast, standardized, and transparent PO process to purchase supplies and services
- Create a PO from a template or design your own
- Confirm available funds in the GL
- Route through approval process using customized workflows
- Convert or flip PO into an invoice
Process thousands of invoices a month as easily as a few. And, keep all your safeguards in place.
- Eliminate manual entry and lost invoices
- Vendors can submit their invoices via upload to NexusConnect, or by email/POBox
- Clients can upload invoices or create them on the fly
- Use audit trails to mitigate fraud and improve compliance
- View invoice status 24/7 – on desktop and mobile
Track and manage construction expenses
Get a clear view of the costs associated with each building initiative. Allocate costs to the right contracts, jobs, and projects.
- Compare costs to budget
- Code invoices correctly
- Build real-time reports
Make AP reporting easier for everyone – from AP staff to Property Managers
Create real-time reports, control views based on roles and responsibilities, build real-time CAM reports, audit reports, GL accrual reports, and see reports on mobile. Learn More >
Audit report, GL accrual report, Invoices by Days Outstanding, Duplicate Invoice Report
System Users Report, User Logins Report
Invoice Detail Reports, Budget Summary Report
Purchase Compliance Report, Purchasing Detail Report
Tap the NexusConnect online portal, where vendors can submit and track all their invoices, POs, insurance certificates, and payments, without ever calling you.
- Allow your AP staff to focus on more high-value activities
- Build better communication with vendors
- Avoid late fees and duplicate payments
End the hassle of paying 1000s of vendors and reduce check fees. Use Nexus to manage your payments.
- Control which vendors get paid and when
- Supplement supplier payment options – Nexus Virtual Card and ACH
- View payment status and settlement date in real time
- Reduce processing fees and potential fraud
"AP automation takes us into the paperless world. Everything is paperless now and our company has to keep up. Especially because we’re decentralized. We wouldn't be able to manage our cash, we wouldn’t be able to pay our vendors on time if we hadn't automated that process.”
Financial Systems Analyst
North American Properties