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General contractors, owners, and subcontractors have trusted Oracle Textura Payment Management Cloud Service to improve payment outcomes on more than $1 trillion in construction projects.
To all of our customers, we want to say, “Thanks a trillion!”
Watch our video about this milestone.
Since 2006, general contractors and their project partners have counted on Oracle Textura Payment Management to streamline and automate payment management. By making your critical invoicing and payments processes collaborative, the cloud solution accelerates payments, mitigates risk for all stakeholders, improves lien waiver and compliance management—and makes cash flow more predictable. By keeping payments moving, Oracle Textura Payment Management helps keep your projects moving.
Our community of general contractors, owners, and subcontractors counts on Oracle Textura Payment Management to keep projects of all sizes on track by driving efficiency, improving visibility, and mitigating risk for everyone.
“Textura Payment Management is a vital tool for Lendlease construction teams and subcontractor partners as it is demonstrably excellent at removing friction from the payment process. You don’t get to a trillion dollars of construction value on Textura unless customers see real value. We have been using Textura going on eight years and nearly all our US construction projects use it. We want to see the entire construction community, from funding organizations and owners all the way to the lower tier subcontractors and suppliers, using Textura to realize this same value.”
“Similar to Oracle Textura, Adolfson & Peterson Construction (AP) is also celebrating a large milestone – 75 years of building! Part of our success has been to invest in technology (like Oracle Textura) to help us provide better service, be more efficient and improve overall quality. We run a lean and efficient accounting department; thanks to Oracle Textura, we have one resource dedicated to all the subcontractor accounts payable across all our projects, which is roughly a billion dollars in revenue! We couldn’t do it without this platform and service.”
“Textura has provided value to R. C. Stevens Construction Company by creating efficiencies and added security through automated processes. It’s comforting knowing we’ve eliminated the monthly paper chase, increased the timeliness of our subcontractor payments and have protection with compliance documents. Hands down, Textura delivers the ROI we insist on having.”
“The two reasons we adopted Oracle Textura Payment Management several years ago, are still the two biggest sources of value. First, we’ve eliminated opportunities for manual error. Subcontractors can’t make a math mistake on their pay application, or inadvertently list the wrong entity on a lien waiver. Second, Oracle Textura is a critical part of our project scope and change control structure around construction payments. I highly recommend Oracle Textura to any accounting leader.”
See how Oracle Textura can help your projects