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Press Releases
 
Monday, March 31, 2008
Global Real Estate Leader Selects Nexus Systems as its AP Automation Partner
 
Thursday, January 31, 2008
Hawkins Companies Selects Nexus Systems to Provide AP Automation
 
Wednesday, January 23, 2008
Capital Properties: To Achieve Paperless Accounts Payable Operations
 
Wednesday, December 19, 2007
Radiological Associates of Sacramento to Capture Significant Savings with PayablesNexus
 
Thursday, November 29, 2007
PayablesNexus Takes Flight with Air Chef Worldwide Aviation Catering Services
 
Monday, September 24, 2007
Hartz Mountain Industries has chosen PayablesNexus to Automate their AP Operations
 
Friday, August 24, 2007
U-Store-It: Improving Operating Efficiency with PayablesNexus
 
Friday, July 27, 2007
Minneapolis-based Carlson Real Estate Co. Teams with Nexus Systems
 
Monday, June 04, 2007
Boston Properties Selects Workspeed Payables, Powered By Nexus Systems, to Automate Procurement & Payables Processes
 
Wednesday, April 18, 2007
Another New York City Real Estate Company Teams with Nexus Systems
 
Monday, March 12, 2007
The First Fully Automated Work Order/AP Automation Solution
 
Wednesday, February 28, 2007
Steiner Staying Ahead With Nexus
 
Friday, February 16, 2007
Nexus Gets Noticed By National EXHIBITOR Magazine
 
Wednesday, January 31, 2007
Laramar Teams Up With Nexus
 
Thursday, December 14, 2006
Oregon Commercial Real Estate Company Selects Nexus Systems
 
Tuesday, November 28, 2006
2nd Largest City in Idaho Adopts PayablesNexus
 
Thursday, October 26, 2006
Friedman Leads the Way in Expense Management
 
Friday, October 20, 2006
Quadrangle Development Corporation Selects PayablesNexus
 
Wednesday, September 27, 2006
MAGI Real Estate Chooses Nexus Systems
 
Tuesday, June 27, 2006
Nexus Systems Wins RealComm Digie Award
 
Friday, June 23, 2006
McKinley to Automate the Expense Management Process
 
Saturday, June 03, 2006
Akridge Joins Growing Number of Real Estate Companies Using PayablesNexus
 
Tuesday, May 30, 2006
Gorman & Company / Five Star Management Services, Inc. Selects PayablesNexus
 
Tuesday, May 16, 2006
E & S Ring Chooses Nexus Systems for E-Invoicing
 
Monday, March 06, 2006
Bonaventure Deploys Nexus Systems’ e-Invoicing Product
 
Friday, January 27, 2006
DLC Management Corp. Deploys PayablesNexus
 
Monday, December 19, 2005
Pacific Hospitality Group Selects Nexus Systems
 
Monday, November 21, 2005
Rémy Cointreau USA Entrusts its E-Invoicing to Nexus Systems
 
Thursday, October 20, 2005
Nexus Systems Gains Leading Pacific Northwest Real Estate Client
 
Monday, September 12, 2005
Another Industry Leader Selects Nexus Systems
 
Thursday, June 16, 2005
Madison Marquette Selects Nexus Systems for E-Invoicing
 
Friday, May 27, 2005
The Peterson Companies:
How Using AP Technology Can Drive Good Business Intelligence
 
Wednesday, March 02, 2005
Thornton Oliver Keller Commercial Real Estate Signs on with PayablesNexus Software
 
Thursday, February 10, 2005
IDI Chooses PayablesNexus to Automate their Payables Process
 
Wednesday, August 04, 2004
Johnson Development Associates Chooses PayablesNexus
 
Friday, February 06, 2004
R&R Realty Group Signs on with PayablesNexus Software
 
Thursday, January 15, 2004
Record Year for PayablesNexus Software
 

Release Date: Monday, March 31, 2008
 
Global Real Estate Leader Selects Nexus Systems as its AP Automation Partner
 

Arlington, VA (March 31, 2008) Nexus Systems, a leading provider of financial process automation software and services, is pleased to announce that Newmark Knight Frank, a leading global commercial real estate services firm, will implement PayablesNexus, our web-based AP automation software, and Nexus Managed Services to improve its Purchase-to-Pay process.

The Nexus Systems electronic purchase order and invoice processing solution, PayablesNexus, provides sophisticated workflow, integrated document scanning, line-item budget comparison, GL cost allocation including job cost management, flexible reporting tools including CAM and audit reports with images, and full integration of data between PayablesNexus and Newmark Knight Frank’s Intuit Real Estate Solution (IRES) ERP system.

The added value of implementing the full suite of functionality includes the automatic conversion of approved purchase order data to invoices, eliminating the need for re-keying, resulting in faster invoice processing with tighter controls. Newmark Knight Frank has also chosen Nexus Scanning Services to completely remove all paper touch points from its process, providing complete visibility of invoices through all stages of workflow from receipt to payment.

“Newmark Knight Frank retains its position as an industry leader by offering superior services to the real estate community. In order to sustain this level of excellence, we are constantly reviewing our processes, procedures, and systems. After conducting a thorough evaluation of the accounts payable automation solutions available in real estate today, we determined that Nexus Systems is the best in class offering,” stated Ian M. Marlow, COP, President & CEO - Global Management Services, Newmark Knight Frank.

“We are excited to be partnering with Newmark Knight Frank and providing accounts payable automation software and services to its organization worldwide. Through the use of Nexus’ solutions, Newmark Knight Frank will realize better process efficiencies, lower invoice processing costs, improved productivity and visibility into its spending while ensuring compliance with robust internal controls,” said Thomas L. Coolidge, Chief Executive Officer of Nexus Systems.

About Newmark Knight Frank (www.newmarkkf.com)
Newmark Knight Frank is one of the largest independent real estate service firms in the world. They provide comprehensive real estate solutions to many of the most prominent corporations, property owners, investors and developers across the globe. New York-headquartered Newmark Knight Frank and London based partner Knight Frank Newmark operate over 165 offices in established and emerging property markets on six continents. Last year, Newmark Knight Frank completed transactions valued at more than $47.6 billion, with revenues exceeding $872 million. With a staff of 6,300 employees, we have created an effective global platform from which to serve the property needs of our growing list of clients. Additionally, Newmark Knight Frank serves as leasing agent and/or property manager for over 100 million square feet of commercial space worldwide.

About Nexus Systems, Inc.
Nexus Systems, located in Arlington, Virginia, is the leading provider of electronic solutions that automate the traditionally cumbersome paper-intensive AP process. Nexus Systems greatly aids financial management by automating the payables process through scanning, electronic approval routing and PO/Invoice management. Nexus’ product, PayablesNexus, enjoys continued success as a result of its functionality, reporting, user friendly configurations, and ease of use for clients.

For Immediate Release
Contact: Thomas Runyon
trunyon@NexusSystems.com
703-524-9101

 
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