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Friday, November 8, 2013

Textura-CPM : the powerful construction payment management system

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–CPM™ 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
Textura-CPM : the powerful construction payment management system

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

For free demo


Published by 
Rajib Dey
Content Writer (Get all types of estimating sheetssoftwaresdirectorynewsbuilding codes)

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