The Textura Solution enables General Contractors to greatly reduce the amount of time, money and risk involved in managing construction payments. Now requesting, reviewing and approving invoices, paying Subcontractors and collecting lien waivers are only a few mouse clicks away.

The Textura Solution Allows General Contractors to:

• Create and manage budgets/schedule of values
• Manage approved subcontractor and owner change orders
• Manage the draw processes
• Invite Subcontractors to submit invoices
• Review/approve/reject subcontractor invoices with comments
• Create and sign invoices, sworn statements and/or lien waivers
• Upload required backup to complete pay applications to owners
• Disburse funds to Subcontractors
• Collect signed lien waivers from Subcontractors
• Track Supcontractor compliance and sub-tier/material supplier lien waivers and automatically place payment holds for non-compliance

Textura Solution Benefits General Contractors By:

• Automating and simplifying processes
• Compressing time window leading to funds disbursement
• Reducing the risk casued by document inaccuracy or non-compliance
• Reducing time spent collecting lien waivers
• Reducing operating costs
• Improving cash flow
• Increasing operating efficiencies