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Oracle Textura Payment is a web-based collaboration solution that automates and streamlines construction payment management processes — enabling contractors to improve outcomes for all project stakeholders in core payment process areas: payment application, invoicing, compliance management and disbursement.
Owner/developers will benefit from their Tier 1 contractors’ use of Oracle Textura Payment Management in numerous ways, including better control, improved efficiency, and reduced risk.
Streamline billing to expedite invoice approvals and payments, improve accuracy, and boost visibility 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.
Hear how Textura Payment Management provides real-time visibility into payment status and speeds subcontractor payments.
“We needed to drive automation into our opperations. Textura is 100% mandatory for every job. We've found that our subs are happier because they get paid faster.”
“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.”
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