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 verification 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 Sage Intacct system at no additional cost.
Key Benefits:
Focus on Joint value of the integration with Sage Intacct
Streamlined workflows and automation
Improve payment accuracy and reduce the risk of late payments by eliminating the inefficiencies and potential human errors from manual invoice calculations and related reviews, approvals, and compliance processes.
Compliance, lien waiver management
Reduce risk with automated compliance workflows, secure document and lien waiver collection, and strong governance and controls around one of your core financial functions.
Payments
Pay your subcontractors and suppliers faster with electronic payment while meeting regulatory requirements and managing lien waivers and compliance requirements. Set up and offer your subcontractors early payment programs.
Collaboration
With everyone using a single collaboration platform, owners, general contractors, and subcontractors have full visibility into compliance and payment status and can identify and fix potential issues before they become problems.
Reporting and analytics
Augment your enterprise analytics by adding payment data from Oracle Textura Payment Management to your data warehouse. Support your decisions with reports, dashboards, and analytics delivered to you when and how you want them.
Sage Intacct Integration
Eliminate redundant double data entry and automate the transfer of critical financial data betweenÂ
Diversity, Equity and Inclusion ("DEI")
Seamlessly set, track, and report on progress toward supplier diversity goals
Dedicated Client Services
You and your subcontractors enjoy dedicated support at no extra cost during implementation and for as long as you use the application. Access unlimited training for all users, including subcontractors, to shorten time to value.
All-Inclusive Pricing
In addition to access to the system, the following is included in our pricing:
System Requirements:
A Sage Intacct Construction Subscription is required.
A web services user must be configured; however, customers are not required to purchase their own Sender ID via the Sage Intacct Web Services - Developer License.
Price:
Oracle Textura is priced on a per-project basis, with fees that scale based on project size. (See Key Benefits.)
Integration Approved Countries:
United States;
About:
OracleTextura 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.