Because your suppliers are so critical to keeping your properties running optimally, it’s important to stay in good standing with them. That’s a whole lot easier to do that when you keep them looped in on their invoices and payments. With the NexusConnect portal, suppliers can keep tabs on these 24/7.
After uploading and submitting invoices through the portal, suppliers can track their status – submitted, returned, paid, etc. – with a click. No need to pick up the phone or go back-and-forth over email.
Once they’ve opted in to receiving payments through Nexus, they can also track payment status and access payment details in the tool, too. In seconds, they can pull up all their virtual card details like card number, expiration date, and CVV – to plug right into their point of sale. And they can see when payments are unprocessed, processed, processing, etc.
This helps your vendors focus more on servicing your properties, and less on their accounts receivable.