CHICAGO, June 11, 2013 /PRNewswire/ -- Textura Corporation, the leading provider of collaboration solutions for the construction industry, announced today that MAPP Construction, a commercial general contractor with 20 years of high-profile construction experience across the Southern United States, has selected Textura Construction Payment Management (CPM) to better manage its construction payment management process.
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"Textura—CPM will allow us to automate processes that we have been doing manually," said Grif McKowen, CFO, MAPP Construction. "That reduces the amount of data being entered into our accounting system. We will also have more control over lien waiver collection and the ability to manage payments electronically, all of which will create efficiencies across the company. Additionally, our subcontractors will benefit from improved communication with online visibility into their payment status. Electronic payments give them faster access to funds too."
A web-based solution, Textura—CPM facilitates collaborative processing of construction billings and payments. General Contractors, such as MAPP Construction, use CPM to automate invoicing, lien waiver collection, document compliance and reporting. Textura—CPM tracks document compliance and generates automatic reminders to subcontractors and payment holds for noncompliance, so MAPP Construction can improve the entire construction payment management process.
"The ability to electronically track lien waiver collection was an essential feature for us," said McKowen. Founded in 1991, MAPP Construction is headquartered in Baton Rouge, Louisiana and has four regional offices in Orlando, New Orleans, Dallas and Houston. MAPP is a licensed contractor in 15 states across the South.
"We're very pleased that MAPP Construction, a leading General Contractor in the South, has chosen Textura—CPM," said Patrick Allin, Chairman and Chief Executive Officer, Textura Corporation. "Using Textura solutions will help this fast-growing contractor focus on their core business, rather than chasing paper. We look forward to seeing what further success they can achieve."
About MAPP Construction
With more than 20 years of high-profile commercial construction experience across the South, the MAPP team brings considerable expertise and resources to every project we begin.
MAPP Construction, LLC, was founded in 1991 and is headquartered in Baton Rouge, Louisiana, with offices in Orlando, New Orleans, Dallas and Houston. We are a licensed general contractor in Louisiana, Texas, Florida, Alabama, Mississippi, Georgia, North Carolina, Oklahoma, South Carolina, Arkansas, Tennessee, Virginia, Colorado and Nebraska. MAPP provides preconstruction and construction services for commercial construction projects including retail, office, mission critical, industrial, warehouse and distribution, hospitality, healthcare, banking and interiors.
For more information please visit www.mappconstruction.com.
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 and pre-qualification to bid management, submittals, LEED® management and payment – on a single, integrated platform.
Textura's 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
SOURCE Textura Corporation
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