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Submitted URL: http://texturacorp.com/
Effective URL: https://www.oracle.com/industries/construction-engineering/textura-construction-payment-management/
Submission Tags: falconsandbox
Submission: On June 04 via api from US — Scanned from DE
Effective URL: https://www.oracle.com/industries/construction-engineering/textura-construction-payment-management/
Submission Tags: falconsandbox
Submission: On June 04 via api from US — Scanned from DE
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View all podcasts * Cloud Infrastructure events * CX events * ERP events * HCM events * SCM events Close Search Close We’re sorry. We could not find a match for your search. We suggest you try the following to help find what you’re looking for: * Check the spelling of your keyword search. * Use synonyms for the keyword you typed, for example, try "application" instead of "software." * Start a new search. * * * * * * * * * * Clear Search Search View Accounts Back Cloud Account Sign in to Cloud Oracle Account * Sign-In * Create an Account * Help * Sign Out Contact Sales Menu Menu * Industries * Construction and Engineering * Products ORACLE TEXTURA PAYMENT MANAGEMENT SIMPLIFY CONSTRUCTION BILLING AND PAYMENTS Optimize Construction Invoicing and Payment Oracle Textura Payment Management standardizes and automates the collection, routing, review, and approval of vendor pay applications & lien waivers. Discover how to streamline and automate processes, mitigate risk, reduce cost, and improve cashflow. Oracle Textura Payment Management increases efficiency and control in construction payment management through a collaborative subcontractor invoicing and payment software system. The cloud solution, which has been used on projects totaling more than $1 trillion in value, streamlines and automates processes to accelerate payment, mitigate risk, and improve cash flow. Contractors can rely on the exchange of e-signed lien waivers and electronic payments. View self-guided demo Subcontractors Get Started Contractors and owners have trusted Oracle Textura on more than $1T of projects Find out why KEY BUSINESS BENEFITS: * Increased efficiency: Eliminate paper and gridlock by standardizing processes and providing a single source of truth to the supply chain. * Control and risk mitigation: Enforce requirements and automate payment holds for compliance issues. * Insights and visibility: Analyze and easily report on payments and compliance data to improve project performance. Read the datasheet Oracle Textura Payment Management Log in “DPR believes their relationships in the subcontractor community, which are strengthened by Oracle Textura Payment Management, are critical to the company’s success and ability to maintain a competitive edge in the market.” Anna Bickford, DPR Read their story Explore Oracle Textura Payment Management PRODUCT FEATURES Open all Close all STREAMLINED WORKFLOWS AND AUTOMATION * Increase process efficiency and productivity, saving time and costs and shifting team focus to value-added tasks * Reduce errors, rework, and delays by automatically generating accurate invoice documents linked to schedules of values (SoV) * Accelerate invoice review and generation of payment applications to shorten the draw cycle and improve cash flow * Improve line of sight into task and activity status to prevent delays and enhance communication * Centralize tracking of compliance and other critical documents as well as reporting View enlarged image ONLINE COLLABORATION IN A SHARED ENVIRONMENT * Enable true stakeholder collaboration and version control of payment materials in a shared cloud workspace * View real-time status of all lien waivers (prime and subtier) and invoices * Ensure project teams and subcontractors have full visibility into compliance status to proactively address issues * Preserve audit trails capturing all user actions, electronic signatures, and payment documents View enlarged image LIEN WAIVERS AND COMPLIANCE DOCUMENTS * Facilitate the secure digital exchange of current, unconditional, e-signed lien waivers for automated clearing house (ACH) payments * Automate payment holds for lien waiver or compliance deficiencies * Enforce use of standardized forms, including lien waivers, and prevent modifications * Prevent unauthorized or fraudulent change orders and payment activity View enlarged image ERP/ACCOUNTING SYSTEM INTEGRATION * Automate seamless transfer of critical financial data between Textura and the most popular accounting solutions * Configure timing and frequency of data transfers * Drive efficiency by eliminating redundant data entry and errors * Increase financial visibility and enable better decision-making Read the datasheet: Oracle Textura Payment Management Connects with your ERP System View enlarged image ELECTRONIC PAYMENT * Simplify and expedite payments using automated clearing house (ACH) payments * Eliminate costs, administrative burdens, and complications related to cutting and delivering paper checks * Pay subtiers directly if required * Reduce subcontractor payment status inquiries with automated deposit notifications View enlarged image ACCELERATED PAYMENT PROGRAMS Oracle Textura Payment Accelerator is an optional feature that enables you to create and run accelerated payment programs using existing Oracle Textura Payment Management invoicing and payment workflows. * Operate accelerated payment programs at scale with a simple and convenient extension to your existing billing workflows and ERP integrations * Use whichever funding source you prefer—internal or external—for optimal flexibility in how you run your programs * Control how you fund, configure, and offer programs that make financial sense for both you and your trade partners. You can adjust settings at the project, organization, and contract level * Encourage adoption by your trade partners by making enrollment convenient and accessible through their familiar contract and invoicing workflows. Educate your trade partners about the benefits of enrolling in your programs via in-app workflows * Subcontractors can manage their enrollment to suit their cash flow needs, suspending and resuming participation when they want * Read the datasheet: Oracle Textura Payment Accelerator * Take the product tour View enlarged image INSIGHTS AND VISIBILITY * Create categories and classifications to automate compliance reporting for the supply chain * Enable on demand and configurable reporting to free teams from time- consuming data generation * Gain portfolio-wide view into payment and task status * Leverage dashboards and robust reporting to easily see and communicate key project metrics View enlarged image DEDICATED CLIENT SERVICES * Enjoy full support during implementation and for as long as you continue to use Oracle Textura Payment Management * Rely on your dedicated support team, available when you need them * Utilize unlimited training for all users to shorten time to value * Ensure that your subcontractors quickly receive the support they need Real-World Results CUSTOMER SUCCESS STORIES TURNER CONSTRUCTION PROVIDES TRANSPARENCY AND FASTER PAYMENTS TO THEIR SUBCONTRACTORS WITH ORACLE TEXTURA PAYMENT MANAGEMENT TURNER CONSTRUCTION Turner Construction, a large US contractor, leverages Oracle Textura Payment Management to automate subcontractor invoicing, lien waver exchanges, and construction compliance documentation to consistently process payments more efficiently and pay subcontractors faster. Watch the customer success story AUSTIN COMMERCIAL SPEEDS PAY APPLICATION PROCESSING BY OVER 50% WITH ORACLE TEXTURA PAYMENT MANAGEMENT AUSTIN COMMERCIAL Austin Commercial, one of the largest U.S. builders, needed a scalable solution to support their growth. The company sped subcontractor pay application processing and payment application submission to the owner by over 50% company. Read the customer success story DPR CONSTRUCTION PAYS CONTRACTORS UP TO 7 DAYS FASTER WITH ORACLE TEXTURA PAYMENT MANAGEMENT DPR CONSTRUCTION DPR Construction is a $6 billion global organization ranked no. 10 on Engineering News Record’s 2019 Top 400 Contractors list. By integrating Oracle Textura Payment Management into their ERP system, DPR save 360 accounting hours per week on call sheets and pays subcontractors 7 days faster. Read the customer success story BLACH CONSTRUCTION ACHIEVES 50% REDUCTION IN CHANGE ORDER PAYMENT PROCESSING BLACH CONSTRUCTION Mid-Sized General Contractor, Blach Construction, implemented Oracle Textura Payment Management to facilitate the company’s invoicing, lien waiver and subcontractor payments processes. Subcontractors receive payment an average of five to seven days faster than they did before. Read the customer success story See more customer successes ORACLE TEXTURA PAYMENT MANAGEMENT RESOURCES Webcast FIND OUT HOW THREE GENERAL CONTRACTORS HAVE TRANSFORMED THEIR PAYMENT MANAGEMENT PROCESS. Customer success brief DISCOVER HOW BUILDERS BUILD EFFICIENCY BY SIMPLIFYING CONSTRUCTION PAYMENT MANAGEMENT. The Payment Management Playbook STREAMLINE INVOICING AND PAYMENT FOR ALL CONSTRUCTION PROJECT STAKEHOLDERS. Infographic (PDF) LEARN WHY THE CONSTRUCTION INDUSTRY TRUSTS ORACLE TEXTURA TO KEEP PAYMENTS—AND PROJECTS—MOVING FORWARD. Breakthroughs and Best Practices CONSTRUCTION AND ENGINEERING TRENDS AND INSIGHTS FOUR PEAKS BUILDING GROUP IS BUILDING ITS BUSINESS WITH ORACLE TEXTURA See how implementing Oracle Textura Payment Management made it easy for startup construction company Four Peaks Building Group to get its business up and running… HOW GENERAL CONTRACTORS USE ORACLE TEXTURA PAYMENT ACCELERATOR TO HELP TRADE PARTNERS IMPROVE THEIR CASH FLOW Learn how early and predictable payment through Textura Payment Accelerator mitigates the risk of problems occurring on a job and makes you a more attractive project partner… HOW BOND BROTHERS RELIED ON ORACLE TEXTURA PAYMENT MANAGEMENT FOR A SMOOTH UPGRADE TO A NEW ERP SYSTEM With Oracle Textura, Bond Brothers continues to accelerate and streamline its payment management system as the builder implements a full enterprise resource planning system… POMERLEAU IMPROVES THE EFFICIENCY OF ITS PAYMENT PROCESSES WITH ORACLE TEXTURA As Canadian contractor Pomerleau sought to streamline its payment processes, it found that Oracle Textura fit perfectly into its long-term strategic vision for growth and productivity… WHY AI AND MACHINE LEARNING BELONG IN THE CONSTRUCTION AND ENGINEERING INDUSTRY Roz Buick, Oracle’s senior vice president product, strategy, and development, Construction and Engineering, shares her recommendations for cultivating innovation in construction, where AI and machine learning fit into the industry, and the value of streaming data from one project to another… HOW TO TACKLE CONSTRUCTION PAYMENT MANAGEMENT: INSIGHT FROM TOP GENERAL CONTRACTORS Find out from three leading general contractors how automating payment management streamlines the process while solidifying relationships between GCs and subcontractors… HOW MT BUILDERS USES ORACLE TEXTURA TO GET AN EDGE IN THE COMPETITIVE PHOENIX MARKET Discover how MT Builders Companies thrives in the competitive Phoenix market by streamlining their payment processes with Oracle Textura… HOW RELIANCE INCREASES PAYMENT EFFICIENCY TO SUPPORT BUSINESS GROWTH WITH ORACLE TEXTURA Reliance Construction Group switches from a manual payment process to Oracle Textura as part of their overarching digital transformation initiative… ORACLE TEXTURA PROVIDES SUFFOLK SECURE CONSTRUCTION PAYMENT MANAGEMENT SOLUTIONS Find out how Suffolk increases their employees' productivity and bolsters their security capabilities with Oracle Textura Payment Management… PEPPER CONSTRUCTION RELIES ON ORACLE AND PARTNER TECHNOLOGY TO SUCCESSFULLY DELIVER AWARD-WINNING PROJECT Find out how Pepper Construction delivered the award-winning Oracle Industries Innovation Lab project using the Oracle Construction and Engineering suite of solutions, as well as Lab partner solutions… HOW ORACLE TEXTURA HELPS COMMODORE BUILDERS ANTICIPATE AND MANAGE PAYMENT RISKS Discover how Commodore Builders pay subcontractors a minimum of three to five days faster using Oracle Textura… TOP 3 REASONS ORACLE TEXTURA ENHANCES YOUR ENTERPRISE RESOURCE PLANNING Explore how integrating Oracle Textura Payment Management to your accounting system can enhance your ERP… ORACLE TEXTURA NOW MANAGES PAYMENTS FOR CONSTRUCTION PROJECTS VALUING $1 TRILLION Cloud payment management system helps the construction industry accelerate payments and mitigate risk, improving productivity and cash flow, and keeping projects moving smoothly… DIGITAL REALTY ALIGNS ITS GLOBAL CONSTRUCTION FINANCE PROCESSES WITH ORACLE TEXTURA Digital Realty relies on the speed and accuracy of Oracle Textura as a centralized, common system of record for all project members… GILBANE BUILDING COMPANY PURSUES A BETTER WAY OF DOING THINGS WITH ORACLE TEXTURA Find out how Gilbane has disbursed $25.6 billion through 256,775 ACH payments using Oracle Textura Payment Management… PreviousNext * 1 * 2 * 3 * 4 * 5 Get started Chat Try our self-guided demo Subscribe to our newsletter Read our blog Share Resources for * Careers * Developers * Investors * Partners * Startups * Students and Educators Why Oracle * Analyst Reports * Gartner MQ for Cloud ERP * Cloud Economics * Corporate Responsibility * Diversity and Inclusion * Security Practices Learn * What is cloud computing? * What is CRM? * What is Docker? * What is Kubernetes? * What is Python? * What is SaaS? 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