9,500 California Subcontractors Make Textura-CPM the Payment Management Solution of Choice

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Dec 23, 2014, 05:30 ET

CHICAGO, Dec. 23, 2014 /PRNewswire/ -- Textura Corporation (NYSE: TXTR), the leading provider of collaboration solutions for the construction industry, announced that with the widespread adoption by over 9,500 Subcontractors across California, Textura-CPM has become the construction payment management solution of choice for the Golden State.

One major factor in the adoption of Textura-CPM by Subcontractors across California is the intuitive user interface. "The solution is very easy to use," said Terrence Olson, CEO, RLH Fire Protection, a company that specializes in the design, installation, inspection and repair of fire protection systems. "When we were invited to use the CPM system by a General Contractor, we found it simple and easy to maneuver. We have never had a problem using it and found that it has improved collaboration between us and General Contractors." With hundreds of subcontracts since they were first introduced, RLH Fire Protection has used Textura-CPM on projects with some of the largest General Contractors in the region.

Textura-CPM automates the construction payment management process, allowing Subcontractors to spend more time on what they do best and less time on completing paperwork. A web-based Software-as-a-Service (SaaS), Textura-CPM saves Subcontractors time with rapid online entry of invoices and with the submission of lien waivers and compliance documents.

With General Contractors and frequently Owners using Textura-CPM, Subcontractors can reduce waiting time for invoice approvals and know in advance the payment amount that will be electronically deposited into their account. "It's the easiest system used by our General Contractors," said Brittni Daley-Grishaeva, CFO, Daley's Drywall and Taping Inc. Based in the Bay Area, Daley's Drywall and Taping Inc. specializes in a variety of sectors, including tenant improvements, health care, commercial & industrial, multi-family residential and custom homes. "Textura-CPM makes it easier for our General Contractors, which results in quicker payments for us. We've noticed that General Contractors who use Textura-CPM pay us within 30-45 days while others take longer." Daley's Drywall and Taping Inc. has been using Textura-CPM for four years.

Another major factor in CPM's adoption in California is the level of support that Textura offers. Textura dedicates staff to each General Contractor and their Subcontractors. This is especially important for Subcontractors, who offer a wide variety of services and have unique needs. "We were very grateful for the support we received from Textura," said Greg Towery, Owner of Towery Construction Services, a contractor that works throughout California. "We were new to Textura and at first found the experience a little overwhelming. However, the dedicated support representative we had assisted us from the first call and guided us with every billing in the beginning. She made the system much easier for us to use and was invaluable to our success in using Textura-CPM."

"Becoming the invoicing and payment solution of choice for Subcontractors in California is a major accomplishment," said Patrick Allin, Chairman and Chief Executive Officer, Textura Corporation. "Subcontractors need to leverage every advantage they can, especially in a state as competitive as California. We're very pleased that Subcontractors across California have joined the more than 45,000 Subcontractor organizations across the U.S. and Canada that are using CPM to increase collaboration. We understand Subcontractor needs and are very focused on continuing to deliver solutions that increase their productivity and effectiveness."

About RLH Fire Protection
RLH helps safeguard lives and property through the design, installation, inspection and repair of fire protection systems. We are a company built on professionalism, integrity, and customer service, while providing a quality work environment for our employees with opportunities to grow and excel. For more information, please visit www.rlhfp.com

About Daley's Drywall and Taping Inc.
Our mission is to build long lasting client relationships through safe job performance, employee development and competitive costs. Daley's Drywall and Taping Inc. is a diversified company with a progressive attitude and a commitment to excellence. We take pride in our long history of meeting and exceeding our clients' expectations for safety, quality and service. For more information, please visit www.daleysdrywall.com

About Towery Construction Services
Towery Construction Services is a contractor based in Bakersville, CA. For more information, please call (661) 330-7812.

About Textura
Textura is the leading provider of collaboration and productivity tools for the construction industry. Our solutions serve all construction industry professionals across the project lifecycle – from takeoff, estimating, design, pre-qualification and bid management to submittals, field management, LEED^® management and payment.

The Textura^® collaboration platform and online product suite represent the first time the industry has all the tools needed to manage their business in an integrated fashion to save time and money and reduce exposure to risks. With award winning technology, world-class customer support and consistent growth, Textura is leading the construction industry's technology transformation. www.texturacorp.com

Contact:
Emily Ries
Textura Corporation, CPM Marketing
[email protected]
847-457-6536

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SOURCE Textura Corporation