Arlington, VA (September 24, 2007) Hartz Mountain Industries, Inc., one of the largest privately held real estate owners/developers in the United States with primary holdings of over 200 properties representing more than 38 million square feet, has chosen NexusPayables to automate and centralize their formerly paper-dependent accounts payable invoice processes. NexusPayables is integrated with Hartz Mountain’s Yardi Systems accounting and construction software. The NexusPayables web-based application will allow Hartz Mountain staff to electronically control, manage, approve, retrieve and report on all invoices. “Full automatic integration with Yardi’s Job Cost module supports our very active development projects and was one key factor in our decision to select NexusPayables. The other determinant is the flexibility Nexus Systems offers us for hosting options and the scalability and control options of the NexusPayables application,” comments Lawrence Garb, Executive Vice President, Administration for Hartz Mountain Industries. “The Hartz Mountain Industries name is so well respected and is known recently for their concentration of real estate, hospitality and financial operations. We are happy that a company with so much experience has chosen the NexusPayables product to help with removing the paper touch points throughout their portfolio and provide consolidated electronic reporting capabilities,” said Thomas Runyon, Vice President of Sales at Nexus Systems.
About Hartz Mountain Industries, Inc. (www.HartzMountain.com)
Headquartered in Secaucus, N.J., Hartz Mountain Industries, Inc. is one of the largest private owners of commercial real estate in the U.S. It has grown from a small start in 1966 to a large regional real estate enterprise, owning and operating a portfolio of over 200 buildings in the New York/New Jersey area, and representing more than 38 million square feet of retail, hotel, office and industrial properties. In addition, with more than 200 undeveloped acres of prime land in Northern New Jersey, Hartz is ensuring its future strength and growth for years to come.
About Nexus Systems, Inc. (www.NexusSystems.com)
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, NexusPayables, 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 |
