Textura Announces New Subcontractor Construction Payment Management Functionality

CHICAGO, Jan. 9, 2012 /PRNewswire/ -- Textura Corporation, the leading provider of collaboration solutions for the construction industry, announces the release of "Invoice Upload." Contractors can now import data from their accounting system into CPM to create their on-line invoice.  This eliminates any double data entry between contractors' accounting systems and Textura—Construction Payment Management (CPM).

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Patrick Allin, Textura Chairman and CEO stated, "Invoice Upload makes it more efficient for our subcontractor clients to use CPM.  It is very important to us and our general contractors that subcontractors have a good experience with CPM and gain maximum value from their use of the application.  The new capability will make CPM easier to use, eliminate duplicate entry and ensure that subcontractors' accounting systems and CPM are in sync.  This was an important expansion of our value proposition." 

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 design and pre-qualification to bid management, submittals 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