There are many:
Lowers your payments costs – By automating your vendor payments with Nexus, AP payment costs often drop by 40% because you don’t have to pay for printers, postage, ink, and many other expenses associated with getting checks out the door.
Saves time – Nexus customers report they shaved off 50% of their time over manual payment processing because documentation and approvals are centralized and online – and any action only requires a few clicks to complete.
Increases security – Electronic payments, such as Nexus virtual card and ACH, are far more secure than checks (see below).
Increases visibility for both you and your suppliers – Payment status is visible online 24/7 in NexusConnect.