Arlington, VA (November 23, 2008) Vanguard Realty Group, a real estate leader in the Mid-Atlantic Region, selected Nexus Systems’ flagship product, NexusPayables, to ensure cash flow efficiency by providing total visibility and tighter spend management controls for its accounts payable operations.
Nexus Systems’ complete electronic purchase to payment solution, NexusPayables, is a web-based A/P automation software application with sophisticated workflow, integrated document scanning, line-item budget comparison, G/L cost allocation including job cost management, and robust reporting tools including CAM and audit reports with images.
With NexusPayables, Vanguard Realty now has the ability to take advantage of A/P best practices and dramatically lower their A/P invoice processing costs without having to change their current business rules. On the backend, NexusPayables will seamlessly exchange data with its dual ERP and accounting system platform made up of Jenark and Intuit’s QuickBooks. Additionally, the company has opted to use Nexus’ Managed Scanning Services to collect and import all its vendor invoices so they will never have to touch a paper invoice again.
About Vanguard Realty Group (www.vanguardrealty.com)
Managing and leasing a diversified portfolio that includes more than 4 million square feet of office, retail and industrial properties and 5,500 apartment units, Vanguard Realty Group is a real estate leader in the Mid-Atlantic region. Vanguard Realty Group builds strong, long lasting client relationships by consistently delivering the highest levels of service, professionalism, accountability, communication, technology and management in the real estate industry.
Vanguard Realty is committed to providing owners and tenants with superior client services based upon principal centered leadership and total quality management. We are committed to providing our employees with a pleasant and productive work environment, the tools and training to succeed and the opportunity to grow professionally.
About Nexus Systems, LLC.
Nexus Systems, located in Arlington, Virginia, is the leading provider of electronic solutions that automate the traditionally cumbersome paper-intensive AP process. Nexus Systems greatly aids financial management by automating the payables process through scanning, electronic approval routing and PO/Invoice management. Nexus’ product, NexusPayables, enjoys continued success as a result of its functionality, reporting, user friendly configurations, and ease of use for clients.
For Immediate Release
Contact: Jennifer Shaw