What is NexusPayables and what does NexusPayables do?

NexusPayables is a cloud-based AP automation software for real estate businesses. It automates invoice processing, purchase orders, and payments, integrating with property management software. This streamlines workflows, reduces manual tasks, and provides real-time financial insights.

How does NexusPayables integrate with other tools?

NexusPayables integrates with leading property management and accounting software, including MRI and Entrata. This synchronization of AP data provides a centralized financial overview, streamlining workflows. It also offers electronic payment options like virtual card and ACH.

What the main competitors of NexusPayables?

Alternatives to NexusPayables include Stampli, DataServ, Tungsten Network solutions (Readsoft Invoices, InvoiceAgility), Kofax Invoice Processing Agility, and Orbipay EBPP. These AP automation solutions offer similar features like automated invoice processing and electronic payments.

Is NexusPayables legit?

NexusPayables is a legitimate AP automation software. User reviews on G2 and Glassdoor show an average rating, indicating a generally positive experience. However, some users have noted limitations in the new UI and reporting features. Consider these factors when assessing if NexusPayables is safe and suitable for your needs.

How much does NexusPayables cost?

I couldn't find pricing details for NexusPayables. Contact NexusPayables directly to determine if the product and its features are worth the investment for your business needs.

Is NexusPayables customer service good?

NexusPayables customers praise the knowledgeable and responsive customer support team. Users appreciate the helpful training resources and the support provided during implementation. While generally positive, some users desire more email reminder options.

NexusPayables

Name: NexusPayables
Rating: 4.3 (23 reviews)
Author: Nexus

Website LinkedIn Twitter

Company health

Employee growth

9% increase in the last year

Web traffic

9% decrease in the last quarter

Financing

April 2016 - $28M

Ratings

4.3/5

(23)

3.4/5

(753)

NexusPayables description

NexusPayables is a cloud-based accounts payable (AP) automation software designed for real estate businesses. It centralizes and automates the entire invoice-to-payment process, from purchase order to payment reconciliation. The platform offers features like automated invoice processing, electronic purchase orders, job costing, and online payment options like virtual card and ACH. NexusPayables integrates with leading property management and accounting software, providing a centralized view of financial data. It aims to reduce manual work, improve accuracy, and speed up the financial close process for real estate companies.

Who is NexusPayables best for

NexusPayables automates accounts payable for real estate businesses, streamlining invoice processing, approvals, and payments. Users praise its ease of use, helpful training, and seamless integrations with property management software. Some users mention the new UI is less efficient and reporting could be improved.

Ideal for small, medium, and large real estate businesses.
Specifically designed for the real estate and construction industry.

NexusPayables features

Supported

NexusPayables automates invoice processing, reducing manual work and costs.

Supported

NexusPayables offers virtual card and Premium ACH payments with full transparency.

Supported

NexusPayables streamlines procurement with electronic purchase orders, reducing costs and ensuring compliance.

Supported

NexusPayables simplifies payments with electronic options like virtual card and Premium ACH, eliminating paper checks.

Supported

NexusPayables integrates with leading property management systems and synchronizes AP data automatically.

Supported

NexusPayables provides comprehensive reporting and analytics, offering real-time insights into KPIs.

Supported

NexusPayables is tailored for real estate businesses, supporting their specific needs and workflows.

NexusPayables reviews

We've summarised 23 NexusPayables reviews (NexusPayables G2 reviews) and summarised the main points below.

Pros of NexusPayables

Easy to use and implement, with helpful training resources.
Seamless integration with accounting software like MRI and Entrata.
Streamlined invoice processing and approval workflows.
Improved communication and tracking of invoices between different departments.
Excellent customer support, knowledgeable and responsive.

Cons of NexusPayables

New UI is inefficient, requiring clicking through multiple tabs to view invoice details.
Lack of direct integration with some invoice scanning/OCR software.
Limited customization options for admin settings.
Reporting limitations, especially for user login activity for compliance purposes.
Occasional glitches and slow processing times, especially when using older browsers.

NexusPayables alternatives

Tungsten ReadSoft Invoices

Automates invoice processing, boosting AP efficiency and accuracy.
Read more
Tungsten InvoiceAgility

Automated invoice processing for smoother, faster payments.
Read more
Kofax Invoice Processing Agility

Automates invoice processing, saving time and reducing errors.
Read more
Orbipay EBPP

Streamlines billing and payments, offering flexible options and boosting efficiency.
Read more
DataServ

Streamlines accounts payable, automates invoices, and improves accuracy.
Read more
Factura.ai

Automated invoice processing and payments for multi-location businesses.
Read more

NexusPayables FAQ

What is NexusPayables and what does NexusPayables do?

NexusPayables is a cloud-based AP automation software for real estate businesses. It automates invoice processing, purchase orders, and payments, integrating with property management software. This streamlines workflows, reduces manual tasks, and provides real-time financial insights.
How does NexusPayables integrate with other tools?

NexusPayables integrates with leading property management and accounting software, including MRI and Entrata. This synchronization of AP data provides a centralized financial overview, streamlining workflows. It also offers electronic payment options like virtual card and ACH.
What the main competitors of NexusPayables?

Alternatives to NexusPayables include Stampli, DataServ, Tungsten Network solutions (Readsoft Invoices, InvoiceAgility), Kofax Invoice Processing Agility, and Orbipay EBPP. These AP automation solutions offer similar features like automated invoice processing and electronic payments.
Is NexusPayables legit?

NexusPayables is a legitimate AP automation software. User reviews on G2 and Glassdoor show an average rating, indicating a generally positive experience. However, some users have noted limitations in the new UI and reporting features. Consider these factors when assessing if NexusPayables is safe and suitable for your needs.
How much does NexusPayables cost?

I couldn't find pricing details for NexusPayables. Contact NexusPayables directly to determine if the product and its features are worth the investment for your business needs.
Is NexusPayables customer service good?

NexusPayables customers praise the knowledgeable and responsive customer support team. Users appreciate the helpful training resources and the support provided during implementation. While generally positive, some users desire more email reminder options.

Reviewed by

MK

Michal Kaczor

CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT

Tymon Terlikiewicz

CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.