Fourth Procurement and Inventory vs. NexusPayables

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Fourth Procurement and Inventory
Score 8.0 out of 10
N/A
Fourth Procurement and Inventory is software that ties together procurement, 3-way matching, inventory and recipe control. It’s fully integrated, mobile-friendly and can be accessed with a single login. Using predicted sales functionality and analytics, it lets the user forecast demand more accurately.N/A
NexusPayables
Score 8.3 out of 10
N/A
NexusPayables is accounts payable automation software from Nexus Systems. It includes on-site purchasing, POs, approval workflows, invoice data capture, budgets and actuals, vendor compliance, reporting, and it integrates with the user's GL accounting system.N/A
Pricing
Fourth Procurement and InventoryNexusPayables
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Fourth Procurement and InventoryNexusPayables
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
Fourth Procurement and InventoryNexusPayables
Top Pros

No answers on this topic

Top Cons
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Fourth Procurement and InventoryNexusPayables
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User Ratings
Fourth Procurement and InventoryNexusPayables
Likelihood to Recommend
7.4
(4 ratings)
5.0
(1 ratings)
Support Rating
7.5
(4 ratings)
6.0
(1 ratings)
User Testimonials
Fourth Procurement and InventoryNexusPayables
Likelihood to Recommend
HotSchedules and Fourth
The product is user-friendly in automating the tasks, managing the master data through central purchasing, and creating custom reports. It lacks certain basic functionalities like a record of wastages, sending automated emails confirming if the automatic tasks (scheduled tasks) have been completed or not, and the ability to automate the nutrition information, etc.
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Nexus Systems
NexusPayables is well suited for your invoice tracking and payments, especially for medium to large businesses. I would not recommend for smaller companies because I don't see the value for them. Once trained, the system is useful. However, the user interface is confusing without proper training and is not user-friendly. I highly suggest businesses invest in a specific set of people to be trained so that they can teach others to use the program.
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Pros
HotSchedules and Fourth
  • The 'stock management' tab on the home screen is of particular use when keeping tabs on incoming deliveries into the restaurant.
  • The option to open and close your stock period is great as you have the chance to edit your stock at a moment's notice.
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Nexus Systems
  • Invoice Tracking
  • Invoice review
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Cons
HotSchedules and Fourth
  • It would help massively to see via Enterprise and menu items what ones are no longer active, to keep the data tidy.
  • When you take purchase reports from Enterprise and select to organise them by category, show the name of the category on the actual report download.
  • Quick and easy upload/download of supplier products for correcting prices, descriptions, prices in bulk.
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Nexus Systems
  • Not very user-friendly
  • Not intuitive
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Support Rating
HotSchedules and Fourth
Too long to get an answer.
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Nexus Systems
NexusPayables FAQ and Help sections are not extraordinarily helpful. They will answer some questions, but most often, I have to bother my accounting co-workers because of the way the system is set up NexusPayables themselves can't help me most of the time. They tell me to refer to the program administrator.
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Alternatives Considered
HotSchedules and Fourth
No answers on this topic
Nexus Systems
Our company uses both at the moment, and I find that Concur Invoice is a much more user-friendly interface that is easy to use, easy to navigate, and extremely efficient. Unfortunately, we only use Concur Invoice for personal expenses and company credit card reconciliations at the moment, which is why we use NexusPayables for vendors.
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Return on Investment
HotSchedules and Fourth
  • Procurement: Integrating some of the key suppliers with Trade Simple has saved labour hours.
  • Integration: GL Integrations have increased the efficiency and quality of data.
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Nexus Systems
  • Tracking of income
  • Tracking of profit
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ScreenShots

Fourth Procurement and Inventory Screenshots

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