Oracle Textura Pre-Qualification Management Cloud Service
Oracle Textura Pre-Qualification Management Cloud Service automates the subcontractor pre-qualification process, enabling general contractors to efficiently and effectively manage risk in subcontractor pre-qualification programs.
Oracle Textura Pre-Qualification Management
Key Business Benefits:
- From uploading relevant project documents to finding the right subcontractor for your project, everything can be managed in one place
- General contractors: Reduce the time and effort it takes to qualify subcontractors so that you can get started on your project sooner
- Subcontractors: Differentiate from the competition and win more work from general contractors
Oracle Textura Training Calendars
Learn About Oracle Textura Pre-Qualification Management
Oracle Textura Pre-Qualification Management Cloud Service streamlines the pre-qualification process, enabling general contractors to improve vendor selection, mitigate risk, and confidently select best-value bids.
- Streamline the management of reviews and approvals with an easy-to-use, permission-based dashboard
- Easily track the status of all your subcontractors and vendors
- Create configurable requirements by program or project, including on-system ratios and financial analytics
- Adopt a consistent workflow
- Centralize and secure data and enable on-demand access
- Automate manual tasks and paper-laden processes
- Receive an Oracle-supported subcontractor onboarding team
Oracle Textura Pre-Qualification Management Product Features
Streamlined Workflows and Automation
- Adopt a consistent workflow to improve efficiency and productivity in evaluating subcontractor data
- Route specific information to designated stakeholders using customized workflows
- Ensure participation of appropriate approval stakeholders with configurable workflows
Centralized Database
- Improve efficiency with automated tracking and collection of data to minimize errors and administrative waste
- Use permission-based roles and one-time data entry to improve subcontractor experience
- Protect privacy and ensure on-demand access for approved users
- Employ a historical and auditable qualification database
Expiration Management
- Facilitate ongoing pre-qualification with automatic expirations
- Collect and update information according to enacted risk mitigation plans
- Easily manage the renewal of information from your subcontractor
Online Collaboration in Shared Environment
- Adopt an enterprise risk management approach to select best-value bids
- Improve cross-departmental communication with respect to subcontractor status
Risk Mitigation
- Improve vendor selection by setting single and aggregate contract limits
- Enable enterprise-wide understanding of risk-mitigation initiatives with custom statuses
- Enhance project management with transparency of subcontractor risk-mitigation plans
- Reduce exposure to delay, damage, liens, and project derailment
Configurable Financial Module
- Use on-system standard financial ratios to automatically create a financial score
- Set single and aggregate contract limits with financial analysis
Get started with Oracle Construction and Engineering
Subscribe to our newsletter
Stay ahead of the curve with the latest trends and insights.
Request a demo
See how Oracle can help you unlock better performance.
Contact us
Chat live with an expert and get your questions answered.