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Oracle Textura Payment Management Cloud Service

Optimize Invoicing and Payment

Oracle Textura Payment Management Cloud Service enables you to increase efficiency and control in construction payment management. It streamlines and automates processes, mitigating risk, reducing cost, and improving cash flow.

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Create a standard platform for managing invoices and payments across projects, business units, and geographies.
Track outstanding tasks to resolve delays in invoice processing and monitor project and employee performance.
Streamline billing to expedite invoice approvals and payments, improve accuracy, and boost visibilities for all parties into their payment status.
Easily collect and manage all lien waivers for every project and ensure that deficiencies are resolved before payments are made.
Enhance visibility into the status of compliance materials and automate notifications and payment holds when issues arise.

Overview
Features and Benefits

Oracle Textura Payment Management Cloud Service

Streamline Operations

Enable collaboration to improve efficiency and visibility for all stakeholders
Enforce the exchange of unconditional lien waivers for electronic payments
Generate accurate and standardized documents to prevent errors and rework
Automate notifications and payment holds for compliance deficiencies
Reduce draw cycle time and accelerate payments to subcontractors

See All Features and Benefits

Austin Commercial

Oracle Textura Payment Management drives invoicing and payment efficiency for Austin Commercial, yielding time and cost savings, and enabling the financial analytics and reporting the general contractor needs.

AECOM Hunt

Hear how Textura Payment Management provides real-time visibility into payment status and speeds subcontractor payments.

Mill Creek Residential

“We needed to drive automation into our operations. Textura is 100% mandatory for every job. We've found that our subs are happier because they get paid faster.”

—Jeff Kok, Chief Information Officer

Turner Uses Oracle Textura Payment Management for Billing

Turner Construction

“Since we are more efficient processing our payables, Textura allows our people to focus on value added tasks that the owner is seeking from us.”

—Matt McCabe, Vice President and Regional Controller

Layton Construction

Layton Construction used Oracle Textura Payment Management to improve compliance and lien waiver processes and double business volume without adding staff.

Pankow

Oracle Textura Payment Management enabled Pankow to improve its lien waiver collection and significantly reduce its administrative costs.

Additional Resources

Webcast: Skanska/Walsh Streamlines Subcontractor Payments on a Mega Project
The Skanska/Walsh joint venture is managing construction of the $4 billion LaGuardia redevelopment mega project, which involves a huge number of subcontractors and major material purchase orders, entailing more than $2.3 billion in contracts.
Webcast: Partnering for Effective Construction Payment Management
In this webcast, you will discover how Oracle Textura Payment Management Cloud Service is helping project owners manage the complex invoicing and payment process. Learn how you can increase efficiency and control, streamline and automate processes, reduce financial and legal exposure, lower operational costs, and improve cash flow.
Video: Optimize Construction Invoicing and Payment with Textura Payment Management
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.
Data sheet: Oracle Textura Payment Management Cloud Service (PDF)
Oracle Textura Payment Management Cloud Service is a cloud-based collaboration solution that transforms construction payment management processes to increase efficiency, mitigate risk, enhance visibility, and improve cash flow.
Webcast series: What's New with Oracle Construction and Engineering
Join us for this webcast with Q&A to learn about enhancements in version 17.