Oracle Textura Payment Management Connects with your ERP System—Datasheet
Customer success
Learn how Commodore Builders integrated Oracle Textura with Sage 300, reducing time to manage subcontractor payments by 60%.
Key benefits
Efficiency
- Online – eliminates manual steps and paper, access from anywhere
- Integration with ERP systems at no extra cost
- Cost and time savings for all parties on the project team
Automation
- Workflows and notifications
- Automated lien waiver management
- Compliance tracking
- Change order payment application verification
Collaboration
- Central secure system for all project users
- Anytime, anywhere online access
- Real-time information
Risk Reduction
- Better visibility into activities
- Automated checks to prevent over payments
- Sub-tier management
- Payment holds tied to compliance
- More timely payment application and compliance feedback to subcontractors
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: Simplified construction billing and payments.
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.
Features include:
- Two-way automation of data transfers
- Configurable timing and frequency of import/export jobs
- Searchable audit screens for ready access of historical information
Eliminate siloed systems and pay subs faster.
Contact us to discuss Oracle Textura Payment Management and ERP integration.