• Company
    • Company
    • Why Nexus
    • Become a Partner
  • Company

    • Why Nexus
    • Become a Partner
  • Company
    • Why Nexus
    • Become a Partner
Nexus logo Nexus logo
  • Solutions

Use Nexus Your Way

Automate Payments
_______________
Automate Invoices
_______________
Procure-to-Pay
_______________
See Who Uses Nexus
_______________

For Suppliers

Use NexusConnect to track invoices and get paid.

Learn More
  • Integrations

Integrate With Your Tech

MRI
_______________
Entrata
_______________
Microsoft Dynamics GP
_______________
Oracle JD Edwards
_______________
RealPage
_______________
ResMan
_______________
Sage Intacct
_______________
Yardi
_______________
Other Solutions
_______________

Sync Automatically

Nexus integrates with your system of record.

Learn More
  • Resources

Learn More About Nexus

Resources
_______________
FAQ
_______________
Testimonials
_______________
Get Training
_______________

Business Case

See the time and cost savings of using Nexus software.

Learn More
Contact Us Book a Demo Search
Contact Us
Book a Demo
Nexus logo Nexus logo
Back
Contact Us Book a Demo Search
Contact Us
Book a Demo
Search
Contact Us Book a Demo Search
Contact Us
Book a Demo

  • Solutions

      For Suppliers

      Use NexusConnect to track invoices and get paid.

      Learn More
    • Use Nexus Your Way
      • Automate Payments
        _______________
      • Automate Invoices
        _______________
      • Procure-to-Pay
        _______________
      • See Who Uses Nexus
        _______________
  • Integrations

      Sync Automatically

      Nexus integrates with your system of record.

      Learn More
    • Integrate With Your Tech
      • MRI
        _______________
      • Entrata
        _______________
      • Microsoft Dynamics GP
        _______________
      • Oracle JD Edwards
        _______________
      • RealPage
        _______________
      • ResMan
        _______________
      • Sage Intacct
        _______________
      • Yardi
        _______________
      • Other Solutions
        _______________
  • Resources

      Business Case

      See the time and cost savings of using Nexus software.

      Learn More
    • Learn More About Nexus
    • Resources
      _______________
      FAQ
      _______________
      Testimonials
      _______________
      Get Training
      _______________
  • Company
    • Company
    • Why Nexus
    • Become a Partner
  • Company

    • Why Nexus
    • Become a Partner
  • Company
    • Why Nexus
    • Become a Partner

Contact Us Book a Demo Search
Contact Us
Book a Demo

Better Accounts Payable Visibility is Within Reach

Blog

Jul 26, 2016

Businesses are under more pressure than ever to improve visibility into their financial standing. Fifty-eight percent of businesses surveyed by the Institute of Financial Operations (IFO) in 2015 reported higher demand for real-time visibility into their accounts payable department’s financial information. However, manual accounts payable processes are undermining these efforts.

Poor accounts payable visibility makes it hard for businesses to understand the productivity of staff, the effectiveness of business processes, the number of invoices processed or awaiting action for approval or dispute resolution, and the average time it takes to process an invoice.

Making matters worse, poor visibility limits a company’s ability to access the data necessary for audits, supplier inquiries, Key Performance Indicators or budgeting. Moreover, effectively managing spend is difficult in a manual environment because users do not have visibility into purchase order requisitions. The good news is that the solution to better financial visibility is literally within arm’s reach!

Mobile solutions, such as the one available with NexusPayables, provide on-the-go users with readily available information for managing budgets, performing daily tasks, monitoring operational performance, and spotting problems and opportunities as soon as they arise. Information on invoices pending approval and invoices by status is available on a mobile device.

Users can instantly access key data from invoices and purchase requisitions, such as the supplier name, due date and total amount.

The visibility provided by mobile solutions delivers benefits across the financial enterprise:

  • CFOs get insights into organizational spend and accounts payable cash flow.
  • Controllers can access approval process history and gain peace of mind that purchase order requisitions can be stopped if budget is not available for the purchase.
  • Finance managers can see where invoices stand in the process.
  • Accounts payable managers get insights into whether an invoice has been received, processed, or paid.
  • AP clerks can act on real-time metrics, and have reminders sent to approvers.
  • Cost center owners and line of business (LOB) managers get insights into requisitions pending approval.

      footer curve

      Solutions

      • Automate Payments
      • Automate Invoices
      • Procure-to-Pay
      • See Who Uses Nexus

      Company

      • About
      • Newsroom
      • Bottomline CSR
      • Transparency in Coverage Rule

      © 2023 Bottomline Technologies, Inc. Privacy