Arlington, VA (April 17, 2009) Nexus Systems, a leading provider of financial process automation software and services, is pleased to announce that DCT Industrial Trust (NYSE: DCT) selects its flagship solution, NexusPayables, to automate the Company’s invoice processing system.
The Nexus Systems accounts payable processing solution, NexusPayables, combines sophisticated workflow, line-item budget comparison, GL cost allocation, optional job cost management, flexible reporting tools, and audit reports with collated images seamlessly with two-way automatic integration of data between NexusPayables and DCT’s existing IRES/MRI general ledger platform.
Nexus’s Managed Scanning Services division will be handling receipt of all DCT’s invoices to considerably eliminate their FedEx costs and the subsequent storage expenses that arise from moving invoices from their various locations.
About DCT Industrial Trust (www.DCTIndustrial.com)
DCT Industrial Trust Inc. (NYSE: DCT) is a leading industrial real estate company that owns, operates and develops high-quality bulk distribution and light industrial properties in high-volume distribution markets in the U.S. and Mexico. As of December 31, 2008, the Company owned, managed or had under development 75.9 million square feet of assets leased to approximately 850 customers, including 14.6 million square feet managed on behalf of three institutional joint venture partners.
About Nexus Systems, LLC.
Nexus Systems, LLC. develops intuitive Web-based Software as a Service (SaaS) applications that drive business process efficiencies and business process accountability, focusing on the accounts payable realm. NexusPayables, Nexus Systems’ core product, solves a problem that affects all businesses, and represents billions in wasted costs to the U.S. industry. NexusPayables is a complete purchase to pay solution that integrates with and complements a company’s accounting GL and/or ERP system. The product automates the A/P approval process, improves cash flow visibility, manages budgets real-time, mitigates fraud, and reduces the time to process A/P transactions. Unlike document management software, NexusPayables was built to be sophisticated AP management software. Nexus Systems solutions enjoy continued success as a result of its robust functionality, scalability, user friendly configurations, and ease of use for clients.
For Immediate Release
Contact: Jennifer Shaw