Oracle Textura Payment Management is a cloud-based solution that automates and streamlines construction payment and compliance management processes— enabling cost and time savings and reduced errors and risk on payment applications, compliance, lien waiver management, and payments.
Oracle Textura Payment Management boosts efficiency by eliminating manual, paper-based processes and mitigates risk through automated verifications and improved visibility into project activities. Subcontractors enter pay applications/invoices into Oracle Textura Payment Management. Project Managers review and approve invoices within the system, with notifications of issues sent automatically. Payments are disbursed electronically, then received by subcontractors, eliminating lag time from paper checks.
And, our team provides unlimited training and support for general contractors and subcontractors and links Oracle Textura Payment Management to your accounting/ERP system at no additional cost.
Oracle Textura Payment Management integrates with most major accounting systems to ensure a seamless flow of data across your key financial systems to optimize payment processes. The integration automates data exchange and eliminates the manual import/export of information between systems for contracts, change orders, compliance status, invoices, payments, and draw documents.
Learn how Oracle Textura Payment Management integrates with accounting systems to transform payment and compliance management for owners, GCs, and subcontractors.