Nexus Systems

Nexus for Real Estate


4.5 / 5
19 reviews

Who Uses This Software?

Great for all real estate industries including multi-family, single-family and student housing, along with commercial, office, retail, industrial, medical, digital, construction, and self-storage.


Average Ratings

19 Reviews

  • 4.5 / 5
    Overall

  • 4.5 / 5
    Ease of Use

  • 4 / 5
    Customer Service

Product Details

  • Starting Price
    $1,000.00/month
  • Pricing Details
    Pricing based on total invoice volume or # of units - unlimited users.
  • Free Demo
    Yes
  • Deployment
    Cloud, SaaS, Web
  • Training
    Documentation
    Webinars
    Live Online
  • Support
    Online
    Business Hours

Vendor Details

  • Nexus Systems
  • www.nexussystems.com
  • Founded 1999
  • United States

About Nexus for Real Estate

Built specifically for the real estate industry, our comprehensive AP & Payments solution is ideal for multifamily and commercial real estate companies that process over 1,000 invoices a month. Nexus gives you full control over your accounts payable with streamlined PO and invoice processing, custom workflows and approvals, real time cash flow reporting, and supplier payments. Complete AP automation from purchase to payment.


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Nexus for Real Estate Features

  • Approval Process Control
  • Bank Reconciliation
  • Cash Management
  • Check Printing
  • Duplicate Payment Alert
  • Fraud Detection
  • General Ledger Entry
  • Vendor Management

Nexus for Real Estate Reviews Recently Reviewed!


Nexus Payables Leads Automated AP

Jun 16, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Nexus is an industry leading in automated accounts payable. Since implementing this platform we have improved our processes, delivered efficiencies, and decreased our processing time for invoices. The workflow-based routing on invoices enables us to easily and quickly distribute invoices to the appropriate coders and approves regardless of their physical location and has completely eliminated the "paper shuffle" and given us 100% accountability for invoices from the date of receipt to the date of payment.

Cons: Nexus works consistently to stay at the top of its sector. Custom reporting would be a valued addition to the platform.

This is the AP invoicing software you want to use in tandem with MRI

Dec 16, 2016
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Comments: Excellent product. Can't say enough about the team behind it. They really do take feedback from their customers and add to releases. If you have a de-centralized AP department the product is invaluable for expediting invoices.

Pros: The ability to view the invoice images on a split screen Speed of processing Workflow options Works with multiple entities/companies at once A wonderful historical research tool Pulling invoices for reviews, auditors, etc. is a breeze

Cons: 1099s images are stored but not retrievable in a bulk report

Recommendations to other buyers: Highly recommend this product for use with MRI software

AP Automation Made Easy

Apr 20, 2017
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

3 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: Saves time and easy to find AP invoices

Cons: Support can be slow at times

Overall: Nexus is a great paperless AP software program, which saves us time and routes invoices for approvals. The ability to search an invoice by vendor, job, account, amount, as well as other criteria is great and saves so much more time than looking for an invoice in a filing drawer. Customized workflows allows for different invoices to be routed to the proper approver, whether by entity, job, amount or other criteria. Support can be slow at times and they could keep you more informed of where a support ticket is in the process with more frequent updates. Otherwise they have all been very nice to work with. I very highly recommend using Nexus as it have become an important part of our back office systems.

Recommendations to other buyers: Keep clients up to date on the progress of support tickets.

Nexus is the Best

Apr 20, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Easy to use

Great for audit trail

Good for Company approval workflows

Cost effective

Automation of the A/P process

Save money on going paperless

More efficient approval process

Cons: None

Overall: They have the best customer service. The Application is easy to use so as you add more staffing the training for the system takes no time at all. The are bery good at making enhancements that help their customer's business. We are vey happy with Nexus and have been using Nexus for over 6 years now.

Nexus AP

Sep 13, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Comments: Would like to see the void option to disappear once the invoices have been posted

Pros: I like having all the information such as approval processing time right in one place. Auditors can go into nexus and see the approval codes without pulling backup.

Cons: The void button should only be available if the invoice has not been processed. Too many invoices get paid but were voided out of Nexus.

Colliers International Review

Apr 20, 2017
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: It's very easy to use and with the last upgrade it has worked out many kinks in the system

Cons: Has a few quirks that if you don't know about them can lead to duplicate invoices and payments or payments from the wrong entity.

Overall: We have had Nexus for about three years now and are extremely pleased with it. I'm excited to learn more this year about some features we are not using and hopefully being able to streamline our AP process further.

Nexus just keeps getting better and better

Apr 20, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: ease of use and adaptability to our needs

Cons: any issue that I may have had in the past has been addressed through the changes and updates

Overall: We have used Nexus since 2013. It was the best we looked at then and since that time, the system has been improved, updated and reworked based upon customer use and feedback. Most of the people that we work with are knowledgeable and are eager to resolve any issues. I believe Nexus to be a great partner.

Nexus Contract Renewal

Apr 20, 2017
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

2 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: Ease of use

Cons: extremely lengthy period of time to update/ modify the software with suggested enhancements.

Overall: Patty approached me about renewing our contract with Nexus, and was extremely professional, polite and articulate about modifying and updating our contract to the terms we suggested. We are pleased with our relationship with Nexus, and look forward to continuing our relationship in the years ahead. Thank you.

Very happy long time customer

Jun 15, 2017
5/5
Overall

4 / 5
Ease of Use

3 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money

Pros: Work flows and the functionality to lock down features so that users are only seeing what you want them to see.

Cons: No mobile app to submit invoices as of yet. Would be beneficial for our sales force to be able to scan in invoices for reimbursement. Also allowing them to code their own invoices.

Invoices for small companies, NOT for bigger companies with more invoice load

Aug 30, 2018
2/5
Overall

1 / 5
Ease of Use

2 / 5
Features & Functionality

1 / 5
Customer Support

2 / 5
Value for Money
Likelihood to Recommend: 1.0/10 Not
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Comments: I would not advise using this product for the price. I would stay with AVID

Pros: SaaS environment. I have nothing else to say positive to say about the system. They truly lack any capacity in higher invoice loads

Cons: Bad integration with MRI, not always syncing. Bad and unskilled customer service and support. Tickets are left open for 2 or weeks more. No updates with ticket and lack of communication. "Custom reports" are not customizeable. Reporting is very awkward and backward for SOX compliance.

Nexus has greatly increased the efficiency of our Accounts Payable department

Mar 16, 2018
5/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: -Increased efficiency (we were able to downsize the Accounts Payable department by 50%)

-Less late fees due to bills being paid quicker

Cons: -The User Interface can be confusing, especially for less computer literate users

-Nexus can be slow to process bills received at their facility

Great Product. Great Team!

Apr 20, 2017
4/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: Easy to Use

Cons: Financial investiment

Overall: We started looking for a Payable integrated software for more than couple years. After many due diligence, Nexus is the one that stood out. From implementation, deployment to day-to-day support, Nexus really demonstrates what a great software company should be. We are very happy to choose Nexus to be the partner! Keep up the good work!

Recommendations to other buyers: N/A

Great company to do business with, long time user, great AP software

Jun 15, 2017
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Workflow process, ease of use, customer service help, streamlining of AP process, integration process

Cons: More functionality for invoicing on the go, use of a mobile app for reimbursements, need to put some more interest into non real estate companies

Greatly streamlined our AP process

Jun 15, 2017
4/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: Reduced my work load from 60-70 hours a week to 40. Greatly increased our internal control viability

Cons: Interface can be a bit difficult for less tech savvy users. The gear as a symbol to progress is weird.

Organization of invoicing has never been easier!

Mar 14, 2018
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

Pros: Every vender in our company is available to invoice with the click of the button. This software insured that our company doesn't miss anything that could cost us big bucks. Everything can be easily submitted to our upper management to approve. Things get done right and get done quickly with Nexus making the process simple!

Cons: There are many great features; therefore, learning to use it takes some practice. Once you do it a couple of times you will wonder why you never used this software before to make things simpler!

Best Payables Program

Apr 20, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Time saving, less paper trail

Overall: It has been a wonderful experience and has diminished our payables process tremendously. We have restructured our department because of this.

Recommendations to other buyers: Sorry we didn't do it sooner

This experience has been seamless so far

Jun 15, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: User-friendly, easy to implement, well organized. Integrates easily with most ERP systems. Excited.

New to Nexus

Jun 15, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: I am new to Nexus Systems and I am really excited about learning all of the ins and outs of the system

Great Product!

Apr 21, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Customer Support

5 / 5
Value for Money

Comments: We have been using NexusPayables for almost 2 years now. We process over 10,000 invoices a month and have become 100% paperless in regards to processing invoices. Nexus allows our teams to be transparent and accountable for coding/approving invoices. We look forward to continuously enhancing how we process invoices with additional workflows and custom fields to meet our needs.