MRI Software Partners with Nexus Systems to Launch AP Automation for International Markets

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Accounts payable automation saves time and money for real estate accounting teams.

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MRI Software, a global leader in real estate software solutions, announced today a new product developed in conjunction with its long-time partner, Nexus Systems, a leading provider of accounts payable (AP) and procure-to-pay applications. MRI AP Automation Powered by Nexus Systems is a new MRI procurement and payables product that provides an entirely paperless and automated procurement and accounts payable solution to the company’s clientele operating in Canada, Central and South America, EMEA, Asia, and ANZ. An extension of MRI’s financial management suite, MRI AP Automation Powered by Nexus Systems couples intuitive, consumer-oriented purchasing capabilities with the robust approvals and controls accounting and finance users require. MRI AP Automation provides accounting teams greater visibility into expenditures and improved expense management control to increase operational efficiency and streamline costs.

“This new product extends our promise of innovation and investment to our clients operating outside the United States,” said Patrick Ghilani, Chief Executive Officer of MRI Software. “MRI AP Automation Powered by Nexus Systems leverages the flexibility and openness of MRI’s flagship Version X property management platform to deliver true interoperability and a unified user experience across two enterprise software platforms.”

MRI AP Automation Powered by Nexus Systems allows accounting teams to digitally manage each aspect of the procurement process, including on-site purchasing, purchase orders, sophisticated approval workflow, invoice data capture, budget and actuals comparisons, vendor compliance and comprehensive reporting. Integration via MRI’s Information Exchange (MIX APIs) provides a secure and automatic two-way data exchange.

“Nexus Systems is extremely excited to extend its relationship with MRI Software into international markets to continue to provide best-of-breed solutions for AP management,” commented Thomas Coolidge, CEO of Nexus Systems. “We look forward to building on a successful partnership that spans close to 15 years and supports hundreds of mutual clients.”

MRI AP Automation Powered by Nexus Systems is available immediately for MRI’s property management clients operating in Canada, Central and South American, EMEA, Asia, and ANZ.

Supporting resources:

-View the AP Automation web page
-Read the blog, Electronic Invoicing: The Single Best Way to Lower Invoice Costs

About Nexus Systems

Nexus Systems is the leading provider of web-based applications that drive business process efficiencies and business process accountability, focusing on the accounts payable realm. From its inception in 1999, the team at Nexus Systems has worked diligently to maintain its reputation as a highly responsive, innovative, and dynamic software company. Nexus Systems is a privately held company headquartered in the Washington, DC Metropolitan Area in Falls Church, Virginia. Its staff is comprised of technically savvy, hand-picked professionals with a dedication to satisfying each customer. Its flagship product, NexusPayables, automates the traditionally paper intensive accounts payable procure-to-pay process and is recognized as the best-in-class paperless solution. The NexusPayables application enjoys continued success as a result of its mature and robust functionality, intuitive interface, flexibility, compatibility with other systems, and overall ease of use.

About MRI Software

MRI Software LLC is a leading provider of innovative software solutions for the global real estate industry. MRI delivers a comprehensive and truly configurable solution, from property-level management and accounting to the most complex, long-range financial modeling and analytics for both the commercial and multifamily real estate markets. As a leading provider of real estate enterprise software applications and hosted solutions, MRI leverages over 45 years of business experience to develop long-term successful relationships with its clients. Founded in Cleveland, Ohio, U.S.A., the company has offices in Atlanta, Toronto, London, Sydney, Singapore, and Hong Kong. For more information, please visit http://www.mrisoftware.com.

Press contacts:

Emily Wells
MRI Software
404.250.4018
emily.wells(at)MRIsoftware(dot)com

Jennifer Shaw
Nexus Systems
703.524.9101
jshaw(at)NexusSystems(dot)com

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Alexis Jaffe
@mrisoftware
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