The GC instructs their bank to process a payment, via ACH, to the subcontractor’s bank. 0
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Key Business Benefits: From uploading relevant project documents to finding the right subcontractor for … 0000002306 00000 n
CEGBU Textura v061120 Page 6 of 20 ii. Please don’t hesitate to contact their Subcontractor Support team at 866-TEXTURA or customerservice@texturacorp.com when you need assistance or have questions. 0000081391 00000 n
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Oracle Textura Pre-Qualification Management, Explore Oracle Textura Pre-Qualification Management. endstream
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Your Subcontractor(s) would purchase Textura Subcontractor Payment Management Cloud Service for their own use. Use synonyms for the keyword you typed, for example, try “application” instead of “software.”. 0000100306 00000 n
x�b``�e``�e```�Ẁ x�c```b``������.� ̀ �@1V�] TPM increases efficiency, enables better risk management, and provides improved visibility and control of construction activities for all project participants. 0000028803 00000 n
Please call the Commission at 1-800-SEC-0330 for further information on the public reference room. 0000015105 00000 n
You may read and copy any reports or other information filed by Oracle or Textura at the SEC public reference room at 100 F Street, N.E., Washington, D.C. 20549. 0000014388 00000 n
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We suggest you try the following to help find what you’re looking for: 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. xref
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Contractors can rely on the exchange of e-signed lien waivers and electronic payments. ?5�˼�M�wr����p. 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, 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, Centralize and secure data and enable on-demand access, Automate manual tasks and paper-laden processes, Receive an Oracle-supported subcontractor onboarding team, 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, 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, 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, Adopt an enterprise risk management approach to select best-value bids, Improve cross-departmental communication with respect to subcontractor status, 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, Use on-system standard financial ratios to automatically create a financial score, Set single and aggregate contract limits with financial analysis. 0000062843 00000 n
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… The best place to get a reference is from the end-client who both knows your work, and who has a certain amount of professional standing which gives the reference weight. It replaces the mounds of paper … ������ cG��.30�3�30��n�l��8�Y�Օ㞠��v�J�����j�[W*�6�X�¸�� c���@e���L���6p9�>Pj`b�e�a`|��w�U��Gv i&�CpQV��=`YFq� ��"
Oracle Textura Payment Management Frequently Asked Questions What is Oracle Textura Payment Management (TPM) ? ɍ��\0G"E�J�)$_#���(���KEn Generally this is a Subcontractor for whom the General Contractor wants to track Lien Waiver submissions for compliance reasons. 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. 0000062451 00000 n
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The cloud solution streamlines and automates processes to accelerate payment, mitigate risk, and improve cash flow. x�cd```d`i�^@��H�[ � !
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ACH payments work like direct deposit—funds are immediately available, no waiting for check to clear.
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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. 2�?G��12̞:��=��.V��;�X�}f�q���-^_\mn/v���a�X �:C���:n{'�f���d��F�ds�9��x��A�/��e��������53�. • Self-administered training through online videos and the Customer Reference Guide. 0000099229 00000 n
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72 hours after the GC sends payment instructions, payment is considered completed and Textura releases the signed copy of the unconditional waiver to the GC. 0000099486 00000 n
If you've done a good job, and you've stayed on good terms with the end-client, you have every right to request a reference. 0000052323 00000 n
%%EOF
Try one of the popular searches shown below. 0000001843 00000 n
Oracle Textura Payment Management increases efficiency and control in construction payment management through a collaborative subcontractor invoicing and payment software system. 0000010802 00000 n
ACH will deliver funds faster than a manual check. 0000063383 00000 n
Payments are made through Textura™ directly by your GC and are subject to the terms of your contract. H��W�o�H~G�ا�]�����)┤�5'EJuH}h��HPN���Y^�Rt�R�2;;3�}ߌ�z>+ʚ]]
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>/���Μ���r�I��dzŶ��a�N�ŀ# Textura™ alerts you via email that payment has been disbursed. Oracle Textura Pre-Qualification Management. '�p��l���EO���F���؆K>&��J�NE>� >�4tg�l�����Ĥ.��0d菜���z�I]#a��8���ݤh����!� 4)b�p 148 0 obj
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Textura Payment Management Project Plus Subcontractor Cloud Service (Part #B88701) – If selected, You elect to prepay for Your Subcontractors' access of the Service in addition to the access as Owner or General Contractor. 0000063036 00000 n
Textura is very passionate about customer service, and strives to ensure that you have an exceptional experience using their software solutions. TPM eliminates the inefficiencies of the construction payment management process. 196 0 obj
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Message See Project or System Message Manual Subcontractor A Subcontractor that is not directly participating in Textura™ is known in Textura™ as a Manual Subcontractor.
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