Textura Construction Payment Management
Owner/Developer

The Textura Solution allows Owners and Developers to decrease administrative costs, improve project account efficiencies and reduce risk. The Textura Solution increases control over projects by consolidating and streamlining project finance management, financial reporting, and account reconciliation. Project costs are all current, accurate and easily accessible.

Textura Solution Allows Owners/Developers To:

  • Improve visibility of project billing and payment processes
  • Standardize project billing and payment processes
  • Create budget/SOV
  • Manage the draw process
    • Review and approve invoices, sworn statements and/or lien waivers
    • Disburse funds
    • Review/print signed, current unconditional lien waivers 72 hours after
      payment is made
  • Review compliance and backup documents

Textura Solution Benefits Owners/Developers By:

  • Lowering project administration costs
  • Providing a single, consistent methodology
  • Improving audit functions
  • Reducing financial and legal exposure
  • Providing access to real time information accessibility
  • Increasing efficiencies