Centralize ordering and track easily
Give every team the ability to purchase supplies at your pre-negotiated rates – all within the Nexus procure-to-pay platform.
Just let us know the national retailers you use and Nexus will embed those catalogs into your Nexus platform for one-stop-ordering. You can require an electronic PO before purchasing to avoid surprise costs. Track easily.
Customers report saving 10 - 15% off purchases - Hobson 2021 report
Create a fast and standardized PO process
With Nexus's purchase order module, team members can create an electronic PO effortlessly and route to the right reviewers for quick approval.
- Trigger special workflows for over-budget and/or high-dollar requests
- Match POs to invoices and receipts (two-way and three-way matching)
- Provide approvers with visibility into budget and actuals, before they sign off
Process invoices faster and gain visibility
Process 100 or 10,000 invoices in just a few days, while increasing control. Your whole team will be able to see where invoices stand.
- Receive pre-coded invoices and significantly reduce manual data entry.
- Use your existing invoice approval workflows. Add others as needed.
- Provide invoice status online so everyone – including your suppliers – can be on the same page.
Track job costs in invoices and POs
Pull job cost data from your GL and incorporate it into your invoices and purchase orders. You'll always know where each project stands.
Let stakeholders build their own reports
Run standard and self-service reports to analyze every aspect of your spend, down to the line item. Plus, prepare bulk invoice and CAM reports in seconds.
AP Staff
Invoice Payment Report
IT Admin/Manager
Audit Logs
Property Manager
Invoice Detail Report
Make invoice and payment status available 24/7
Free your AP team from answering supplier calls and emails, and let suppliers self-serve instead.
With NexusConnect, suppliers simply log online, upload their invoices, and hit submit. They can view and track the status of every invoice and payment online - and be in the know at all times.
Pay easily and securely with NexusPayments
Add NexusPayments to pay invoices in just a few clicks.
Once invoices are approved and ready-to-pay, just batch them in your GL and send to NexusPayments. Nexus will debit your bank accounts and pay suppliers with secure electronic payment methods, including the widely accepted Nexus Virtual Card. Track all your payments online.
Hear what customers have to say
Real Estate companies talk about all the benefits of using the Nexus procure-to-pay platform.
Procure-to-pay FAQ
Why should I use a procure-to-pay platform?
Automating the procure-to-pay process affords you greater control and visibility, lets you work more efficiently, and reduces the chances of fraud.
How do AP automation and procure-to-pay differ?
It may help to think of AP automation as one component of procure-to-pay. AP automation typically converts everything from invoice receipt to payment into electronic steps, whereas procure-to-pay automation also digitizes the steps that come before the invoice (i.e. the creation and approval of purchases). An automated procure-to-pay platform brings both accounts payable and purchasing into a single platform, and makes everything cohesive, quick, and visible.
Do I need to use all of these procure-to-pay components if we want to use Nexus?
No. You can pick and choose which Nexus modules you need. Add on at any time.
Where can I find all the cost and time savings of the Nexus procure-to-pay platform?
Nexus worked with Hobson & Co to identify the benefits of using the Nexus procure-to-pay platform. Hobson interviewed Nexus customers and quantified the time and cost savings. Find the business case here.
