Toronto, ON – September 8, 2021 – Rethink Solutions, the provider of the industry-leading property tax software itamlink, has announced today its software integration with Nexus, a leader in AP automation for multifamily and commercial real estate companies. The integration will allow itamlink to seamlessly transmit property tax invoices to Nexus, eliminating data entry while simultaneously improving data accuracy.
“Property tax teams are busier than ever, and managing invoices can eat up a lot of time, ” says Mordechai Katzman, President of Rethink Solutions. “We’re excited to add the Nexus integration to our ecosystem, which will help property tax teams reduce duplication and manual re-keying of data into AP systems."
itamlink will remain the comprehensive system of record for property tax information, while Nexus will serve as the platform to manage invoices and payments. The integration demonstrates Rethink Solution’s continued leadership in developing property tax technology and helping real estate teams manage one of their largest operating expenses.
“The itamlink integration is yet another example of how Nexus AP automation is enhancing every facet of real estate financial management,” said Jenn Taylor, Chief Customer Officer for Nexus.
Once ingested into Nexus’s AP automation software, property tax invoices will be routed automatically to the designated approver(s) within the Nexus platform. Approvers can sign off on payment with just a few clicks, with each step recorded in an electronic audit trail.
The property tax invoices can also be included in Nexus’s comprehensive set of status reports, including how long invoices sit in approval queues.
“For many customers, the integration will make invoice ingestion and processing even more streamlined,” Taylor said. She noted that market research shows Nexus users already reduce their time spent on invoice capture by 50%, compared to paper processes.
Rethink Solutions is the leading developer of property tax and real estate expense management software. Established in 2001, our team of property tax management experts are dedicated to building software solutions that help owners and occupiers of real estate portfolios manage their multi-jurisdictional property tax processes.
Nexus provides the fastest way for real estate companies to ditch paper checks and send secure payments to their suppliers. With its roots in AP automation, the 21-year-old software company has built the largest validated community of suppliers serving multifamily, CRE, and other real estate segments. Using just clicks, real estate companies can connect to their suppliers and send them payment electronically. In addition to vendor payments, Nexus also offers a full procure-to-pay solution, designed for real estate. Visit NexusSystems.com to learn about the #paperfreelife.
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