The Leader in Vendor Payment Automation for Real Estate
Ditch Paper Checks. Use Nexus Payments Software to Pay Your Vendors. Initial Term Is Free. Plus, you’ll:
Shave hours off your week – 50% time savings
Reduce business payments costs by 40%
Earn rebates from your payments spend
The Nexus vendor payments system is built for multifamily, CRE & other real estate companies.
Sign up for supplier payments, launch fast, and you can bring your software licensing costs to $0. Restrictions apply.
Issue Vendor Payments in a Few Clicks
Tired of writing paper checks and paying all the costs associated with them? Try NexusPayments. We’ll pay vendors (suppliers) on your behalf with Nexus Virtual Cards backed by Visa, ACH, or outsourced check. You’ll retain 100% flexibility and control – deciding which vendors get paid by us and which don’t.
Pay on your terms, too. Whenever you’re ready, simply generate a file of approved invoices from your property management system and send it to Nexus’ online payments portal, NexusConnect. The portal will automatically pay your suppliers immediately – and they’ll receive funds in days.
On average, you’ll shave 50% off the time needed to issue business payments and 40% off the cost. Business payments made easy.
Nexus Gets Your Vendors on Board with a New Payment Method
Nexus will do all the legwork to switch vendors (suppliers) from in-house checks.
First, we’ll first identify all your vendors who already accept Nexus Virtual Card for invoice payment.
Then, we’ll reach out to the remainder and encourage them to accept this secure payment method, backed by Visa.
Any suppliers that can’t accept virtual card will be offered another type of e-payment, so you can stop cutting in-house checks for vendor invoices.
Track & Manage Vendor Payments Online
Both buyers and their suppliers can log in to Nexus and view the status of their invoice payments. Reconciliation is easily.
Make AR Easier for Your Vendors
Faster Vendor Payments
Nexus processes vendor payments immediately. They reach suppliers in just a few days.
Visibility into Payments Status
Suppliers can track payment status online 24/7 using the NexusConnect online portal.
Nexus Virtual Cards are backed by Visa. You’re covered in the rare event that the supplier is hacked and funds are stolen.
All the remittance details are sent via email. They are also available in NexusConnect.
“I love that everything is taken care of with the click of a button. NexusPayments saves my colleagues time. It saves my company money. And we earn rebates to boot. So, it’s a win-win-win.”
Vice President, Chief Accounting Officer & Controller
Tanger Factory Outlet Centers, Inc.
Earn rebates on your Nexus Virtual Card spend
And even reduce your risk of fraud
Nexus Virtual Cards are exceptionally secure, since they expire when they reach a $0 balance or haven’t been processed on time. So, you’ll reduce the chances of check and/or ACH fraud.