Arlington, VA (September 16, 2009) Nexus Systems, a leading provider of accounts payable automation software and services, is pleased to announce that The John Buck Company (“JBC”) has chosen its flagship product, NexusPayables, to automate its accounts payable (“A/P”), purchase order (“PO”), and invoice process. The NexusPayables system will be fully integrated with their IRES/MRI general ledger software, to include all job cost elements.
The NexusPayables complete electronic purchase to payment solution combines elaborate PO and invoice management, invoice imaging, and sophisticated workflow-initiated approval routing with line-item budget comparisons, general ledger cost allocations, optional job cost 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.
The John Buck Company previously used an e-invoicing software for its A/P invoice processing that never satisfied its business needs. They needed a more advanced and truly streamlined data exchange integration with its powerful MRI G/L system. JBC found NexusPayables’ mature and reputable integration framework to fit the bill, providing automatic two-way synchronization of all the necessary data elements including, invoice details, payments, budgets, actuals, vendors and job cost data. JBC was equally pleased with the in-depth functionality of NexusPayables to include a robust PO module with receipts and built-in three way matching capability.
About The John Buck Company (www.TJBC.com)
The John Buck Company (JBC), located in Chicago, Illinois (USA), was established in 1981 as a corporate real estate services firm. JBC offers a comprehensive level of service that vertically integrates the key disciplines of real estate within one primary source; development and construction management, tenant advisory, asset management and leasing and asset acquisition, disposition and capital financing. Since its inception, The John Buck Company has entered into $10.5 billion in real estate capital, has developed or redeveloped 34 million square feet of office, mixed-use, residential and hotel projects and currently manages upwards of six million square feet. JBC currently owns, manages or is developing real estate properties in Chicago, New York, Washington, D.C. and Abu Dhabi.
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