Arlington, VA (February 5, 2010) New York City-based office space owner, manager and developer, Taconic Investment Partners, has chosen Nexus Systems’ AP automation software, NexusPayables, to increase productivity and lower costs in its accounts payable processing and resources. Taconic joins a long list of organizations using NexusPayables to realize cost savings and time efficiencies.
By utilizing NexusPayables, Taconic now has the ability to take advantage of AP best practices and dramatically lower their AP invoice processing costs without having to change their current business rules. On the backend, NexusPayables will seamlessly exchange data with its MRI Software 4.0 accounting general ledger system.
Nexus Systems is a leading provider of accounts payable automation software and services. Its flagship product, NexusPayables, is a complete electronic purchase to payment solution combining PO and invoice management, invoice imaging, and sophisticated workflow-initiated approval routing with line-item budget comparisons, general ledger cost allocations, job cost accounting features, and flexible reporting tools. NexusPayables is the best of breed application in use by companies that require the expense management control, visibility, efficiency and cost savings associated with accounts payable automation and best practices.
About Taconic Investment Partners (www.taconicinvestments.com)
Since its inception in 1997, Taconic Investment Partners LLC has acquired and developed more than eight million square feet of office properties in New York City, Chicago, Washington, D.C. and Atlanta. In addition, it recently bought and is renovating two large residential complexes in Brooklyn and the Bronx, is co-developer of the new luxury high-rise Caledonia condominium and rental development along the High Line in Manhattan, has assembled significant land holdings in Coney Island (Brooklyn) for residential development, and just completed a prime site in the Meatpacking district of Manhattan leased by Apple Computer.
About Nexus Systems, LLC.
Nexus Systems is the leading provider of electronic solutions that automate the traditionally cumbersome paper-intensive purchase to payment process resulting in the reduction of operating costs and faster invoice processing with tighter controls. Nexus Systems’ product and services greatly aid financial management by automating and centralizing systems through scanning, electronic workflow, approval routing, and budget controls of PO and invoice management. Nexus’ best-in-class solution, NexusPayables, enjoys continued success as a result of its mature in-depth functionality, intuitive interface, user friendly configurations, and overall ease of use for clients.
For Immediate Release
Contact: Jennifer Shaw