Retail2022-06-07T20:11:29+00:00

Retail AP Automation

Control spend, eliminate late fees, and help keep your retail tenants happy.

Digitize Every Step of Your AP Process​

With Nexus Accounts Payable Automation & Payments Software, AP teams can “go electronic” overnight and eliminate all the paper-based processes that weigh down their Accounts Payable. Companies realize average time and cost savings of:

0%
Less Time on Invoice Capture
0%
Less Time on Invoice Approvals
0%
Less Time on Managing Payments
0%
Reduction in Cost of Processing Payments

Keep the Focus on Maintaining Margins

Retaining retail tenants in a competitive marketplace requires an all-company focus. So, shouldn’t your AP automation software help you keep your tenants in place, while maintaining margins?

Never Miss
an Invoice

Suppliers can submit pre-coded invoices to your NexusPayables account using electronic transfer (API) or through upload to NexusConnect. They can also email to Nexus for coding and transfer to NexusPayables. Just review and approve.

Get Actionable Insights &
Reports in Seconds

Identify shared costs, vendor invoice history, utility usage, and inefficient spend with on-demand reporting. Reduce reporting time by 90%. Plus, search invoices by vendor, dollar amount, and GL code.

Eliminate Late Fees
& Other Hard Costs

Reduce payments processing costs by 40% using NexusPayments. On Day One, you can stop writing paper checks. Nexus will tap its large supplier community to find all your vendors who already accept Nexus Virtual Card.

Nexus AP Automation Is Used by These Retail Companies​

Nexus Modules for Retail Companies

Invoicing

Process invoices in less time – and with complete visibility. Make month-end and year-end faster.

Learn More
Purchase Orders

Create electronic POs before purchasing. Match to invoices & receipts for 2-way and 3-way match.

Learn More
OnTheGo Mobile App

Allow invoice approvals to stay on track at all times with mobile approval capability.

Learn More
NexusPayments

Pay suppliers in nearly half the time and cost. Let Nexus pay your suppliers securely. Track online.

Learn More
Reporting

Easily pull reports showing what each tenant owes towards upkeep – as well as other critical reports.

Learn More

You’ll Keep Your System(s) of Record & Enjoy Automatic Sync with Nexus AP Automation Software

Nexus passes invoice data automatically to your GL, while budgets, actuals, vendors and other data flow seamlessly into Nexus. You’ll have the context you need to approve invoices and manage your AP. ​

Nexus AP automation software integrates with over 30 property management systems, giving you all the data you need to manage invoices, payments, and procurement expertly. Nexus imports/exports the data automatically, while your property management system(s) remain the system of record.

Plus, Nexus can integrate with many third-party software applications using its open APIs.

Read Why Customers Love Nexus

Related Resources

Go to Top