Legacy Partners is one company that benefits from PO-based invoicing.
Legacy Partners acquires, develops and manages residential communities. Since 1968, the company has acquired and developed more than 68,000 apartment homes and currently manages more than 14,000 units for investors and third-party clients.
Operations Director for Legacy Partners, Lisa Dixon, noted the company continues to grow, largely with conventional multi-family properties. The company, based in Foster City, CA, recently expanded into Baltimore, Chicago and Minneapolis, as well as North Carolina, South Carolina and Texas, expanding on its large footprint of communities in the western U.S.
“Looking for a way to better manage AP for its properties and administrative offices, Legacy Partners deployed NexusPayables in 2011,” said Lisa Dixon.
NexusPayables is a web-based software that automates the traditionally paper intensive AP process. The software digitally manages each aspect of the AP process, including on-site purchasing, POs, approval and exceptions workflows, invoice data capture, budgets and actuals, vendor compliance, and reporting. The software seamlessly integrates with any existing general ledger accounting system.