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Textura-CPM : the powerful construction payment management system

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Textura Corporation, the most recognized collaboration solutions provider for the construction industry, just introduced Textura-CPM, the powerful construction payment management system, for developing the payment process for effective construction management.

Textura-CPM very useful for both General Contractors as well as Subcontractors to enhance their workflow and reduce unnecessary steps in the construction payment process.

With Textura-CPM both General Contractors and Subcontractors can get the ability to make an online entry for invoices as well as online submission of waivers and compliance documents at a quickest possible time. Thus the system makes a significant time savings for the contractors. All the parties like owners, general contractors and subcontractors, who are associated with the payment process, can communicate with each other through internet.

Textura-CPM minimizes the risk concerning the hold up of payment by tracking of compliance status in real-time and direct electronic payments.

Textura-CPMT contains the following exclusive features:-

  • Computerize Lien Waiver Collection and Tracking system

  • Computerize Compliance Collection and Tracking system

  • Online Approval Routing

  • System Integration

  • Role Based Security

  • Workflow Engine

  • Electronic Signatures

  • System Generated Project Documentation

  • Direct Deposit Payments

  • Easy to get to anywhere by All Participants

  • Sub Tier Tracking

  • Uniform Invoicing Process

 

Advantages for General Contractors & Subcontractors:-

  • Superior Cash Flow

  • Risk Mitigation

  • Enhanced Efficiency

  • Standardization

Advantages for Owners:-

  • Lessens Legal & Financial Risk

  • Get better Process Control

  • Better effectiveness

  • Make Sarbanes-Oxley possibles

  • Consistency

For online training www.texturacorp.com

For free demo www.texturacorp.com

Textura-CPM : the powerful construction payment management system

 

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