Falls Church, VA (March 23, 2011) Nexus Systems is pleased to announce that Westfield, LLC, the U.S. unit of the Westfield Group, has selected its accounts payable automation system, NexusPayables, to effectively digitize, manage, and streamline purchase order and accounts payable activities.
NexusPayables is a web-based electronic purchase-to-payment solution combining purchase order and invoice management, invoice imaging, and sophisticated workflow-initiated approval routing with line-item budget comparisons, general ledger cost allocations, job cost accounting features, and flexible reporting tools. NexusPayables is in use by companies that require a comprehensive application for the expense management control, visibility, efficiency and cost savings associated with accounts payable automation and best practices.
NexusPayables has the versatility to be configured to meet specific business needs and delivers robust functionality, leading to its selection by the retail property group. The solution will integrate Westfield’s existing accounting and property management system.
About Westfield (www.westfield.com)
The Westfield Group (ASX: WDC) is an internally managed, vertically integrated, shopping center group undertaking ownership, development, design, construction, funds/asset management, property management, leasing and marketing activities and employing approximately 4,000 staff worldwide. The Group has investment interests in 119 shopping centers in Australia, the United States, the United Kingdom and New Zealand, with a total value of assets under management in excess of A$58 billion. In the U.S., the Group has a portfolio of 55 shopping centers that are home to more than 9,000 specialty stores and comprise approximately 63 million square feet of leasable space in California, Connecticut, Florida, Illinois, Indiana, Maryland, Nebraska, New Jersey, New York, North Carolina, Ohio and Washington.
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