Read how Alston Construction keeps payments smooth amid supersonic growth, Mitigate risk by reducing human error and securely managing the claim and compliance process, Read how Commodore Builders manages payment risks. Builders and owners have trusted Oracle Textura on more than USD$1T of projects. . Were sorry. Project Management; My Oracle Support Portal; Premier Support; Channels SuiteAnswers Overview . Draw Process and Invoicing Steps The General Contractor opens a draw and invites participants. Set up and offer your subcontractors early payment programs. Pay sub-tiers directly if required. Oracle Textura Payment Management - Navigation Overview for Subcontractors - YouTube Oracle Textura Payment Management - Navigation Overview for Subcontractors No views May 10, 2022. Track performance with dashboards and analytics to easily see and communicate key project metrics. Automatically generate accurate invoice documents, such as G702/703, that are linked to each contracts schedule of values. Learn the strategies to overcome payment process challenges that limit productivity and present risk. Empower decision-makers with accurate data. Unlock the power of your data to continuously improve project outcomes. Reduce subcontractor payment status inquiries with automated deposit notifications. Eliminate risk of period-to-period calculation errors. including subcontractors, to shorten time to value. (SoP) or Construction Contracts (CC) Acts while managing Gain a portfoliowide view into payment and task status. Increase visibility into downstream payments to minimize the risk of disruption and ensure that your entire supply chain gets paid on time for work completed. Learn how to prevent errors with process automation and gain visibility into downstream payments to lessen the risk of disruption. Over the time it has been ranked as high as 94 499 in the world, while most of its traffic comes from USA, where it reached as high as 16 341 position. Oracle provides unlimited training to all project partnersowners, main contractors and subcontractorsduring implementation and for as long as you use the application at no extra cost. From Alex Takata February 28th, 2023. with process automation and gain visibility into downstream payments to Scott Porter 4 minute read Textura Payment Management; German; Spanish; Financial Services; Food and Beverage; Health Sciences. With an owner-controlled insurance program (OCIP), Oracle Textura provides a "payment check. See Manage Draw Participants for Subcontractors. and analytics delivered to you when and how you want them. Access unlimited training for all users, including subcontractors, to shorten time to value. . View the status of payment and compliance tasks, documents, and information. Accounts Payable Manager - Construction. Create Account Oracle Terms of Use Privacy Policy Construction projects are a team sport. Eliminate manual steps by automating the transfer of approved application documents to your Oracle Aconex document register. Augment your enterprise analytics by adding payment data from Oracle Textura Payment Management to your data warehouse. Use your preferred funding source, either internal or external. Learn why the construction industry trusts Oracle Textura to keep paymentsand projectsmoving forward. Oracle Textura Payment Management Overview. Provide everyone with visibility and reports into task and activity statuses. Customers can access phone support in English, French, and Spanish and can also access support via the support portal, as well as in-app Support Chat. $(document).ready(function() { As a Subcontractor, you can use Oracle Textura Payment Management (TPM) to help streamline your billing and payment process with your General Contractor. In order to use TPM, you need to first create and register an Oracle Cloud Store Account. } ), document.getElementById('js-entry-date_' + '1_ywszx4er')); })(); Oracle Integrated Applications & Platform Services, Maximising the value of your EBS platform. Manage security, availability, performance, and scalability with Oracle Cloud Infrastructure technology. Manage security, availability, performance, and scalability View the real-time status of all compliance documents and requirements, variations, and claims. How Bond Brothers relied on Oracle Textura Payment Management for a smooth upgrade to a new ERP system, How Oracle Textura helps Commodore Builders anticipate and manage payment risks, McShane Construction boosts efficiency and reduces risk with Oracle Textura Payment Management, MW Builders cuts lien waiver management time with Oracle Textura Payment Management, Oracle Textura provides Suffolk secure construction payment management solutions, Read the Reliance Construction Group story, View all Oracle Construction Payment Management posts. . All user actions, electronic signatures, and payment documents are preserved for auditing purposes. Unlock the power of your data to continuously improve project outcomes. By transforming processes, TPM increases productivity, mitigates risk, improves cash flow, and enables organizations to scale operations for growth. Track and report on key metrics for period performance. Ensure your project delivery teams are using the right tools and the best solutions so they can provide you with the information you need, when you need it, giving you the control and assurance you require. 2.Produce a new Flow and add at least one Document Flow. Set up and offer your subcontractors early payment programs. The system comes with ERP and other accounting integrations to increase financial visibility and accurately create invoices for . View the real-time status of all compliance documents and requirements, change orders and applications. Provide everyone with visibility and reports into task and activity status. Oracle Login - Single Sign On Oracle Oracle account sign in Username ERROR: Please enter your username and password Forgot username? Contact us to set up a live demo for Oracle Textura Payment Management. Contractors get tips on how to work more efficiently. Webinar - Container Instance Overview. With everyone using a single collaboration platform, owners, builders and subcontractors have full visibility into change orders, compliance and payment statuses and can identify and fix potential issues before they become problems. Increase visibility into downstream payments to minimise the risk of disruption and ensure that your entire supply chain gets paid on time for work completed. Manage security, availability, performance, and scalability with Oracle Cloud Infrastructure technology. After signing up, log in to start using the portal. FromKyle Topham Eliminate two-factor authentication, single sign-on, and more. application access SSL encryption, user permission, Collect electronically signed invoices, lien waivers, as required sworn statements, and unconditional lien waivers. This webinar is for you if you're looking to automate manual payment processes or are searching for a better solution than the one you have today. You and your subcontractors enjoy dedicated support at no extra cost during implementation and for as long as you use the application. Operate accelerated payment programs with Oracle Textura Payment Accelerator, a simple and convenient extension of your existing workflows and ERP integrations. Customers can access phone support in English, French, and Spanish and can also access support via the support portal, as well as in-app Support Chat. EN English; ZH ; JA ; CA catal; KO . Duties and Responsibilities: Review, code, and enter invoices. Improve visibility into materials and labor risk. Oracle sets up these integrations at no extra charge. Set up application due dates to comply with Construction Act and Prompt Payment Code requirements. The solution provides visibility into payments to the supply chain to head off project disruptions, delivers efficiencies to the invoice and payment processes that go straight to the bottom line, and supports compliance management to minimize risk. Oracle provides unlimited training to all project partnersowners, general contractors, and subcontractorsduring implementation and for as long as you use the application at no extra cost. Build new skills with Oracle Cloud training courses and advance your career with an Oracle Certification. Please answer a few more questions for access to the The system allows construction teams to generate invoices that can be viewed by multiple parties with a quick approval process. Oracle Textura Payment Management is a construction payment management application that helps general contractors, owners, and subcontractors increase efficiency and reduce risk by simplifying and automating processes for invoicing, approvals, compliance and lien waiver management, and disbursement. Save time with the exclusive out-of-the box integration connecting Oracle Aconex and Oracle Textura. Oracle Aconex transmittals send payment schedules to subcontractors. This event is available only to Oracle partners. Manage security, availability, performance, and scalability with Oracle Cloud Infrastructure technology. Prevent unauthorized or fraudulent change orders and payment activity. Find the Oracle Textura Payment Management Bot in the list and choose it. EN . Centrally track everything. extra cost during implementation and for as long as you use Owners, general contractors, and subcontractors gain efficiency by working together in a shared environment and can easily communicate about missing or out-of-date documentation, errors, compliance requirements, payment holds, or payment status. We suggest you try the following to help find what you're looking for: Applications, change orders, and payments dont have to be admin heavy. 3. Prevent errors with process automation and gain visibility into downstream payments to lessen the risk of disruption. Track performance with dashboards and analytics to easily see and communicate key project metrics. Subscribe to the Oracle Construction and Engineering blog for the latest updates. Textura sold to Oracle in April 2016 for over $663 million. documents to your Oracle Aconex document register. As well, existing customers and first-time users can find links and phone numbers, information about weekly live training, and our support portal to open new requests and track existing issues. Late subcontractor payments waste time, create legal disputes and lead to significant sums that are either lost or written off. Were sorry. Proactively monitor subcontractor and supply health to prevent negative project impacts. Enforce use of standardized forms, including lien waivers, and prevent modifications. Set up supplier tracking programmes at the enterprise level to support diversity or green initiatives or at the project level to track per-project attainment. Increase visibility to downstream payments to minimize the risk of disruption and ensure the entire supply chain is paid on time for work completed. Unlock the power of your data to continuously improve project outcomes. See Oracle Textura in action and find out why contractors of all sizes choose this solution to increase productivity and mitigate risk. Provide everyone with visibility and reports into task and activity status. General contractors and subcontractors alike trust Oracle Texturapart of the Oracle Smart Construction Platformto streamline and automate their construction payment management. Reduce risk with automated compliance workflows, secure document collection and strong governance and controls around one of your core financial functions. Read how Alston Construction keeps payments smooth amid supersonic growth. To search for an exact match, please use Quotation Marks. Prevent errors with process automation and gain visibility into downstream payments to lessen the risk of disruption. Automatically receive notifications as Prompt Payment or Construction Act deadlines approach. Payment management is critical for seamless project delivery. We could not find a match for your search. Accelerate invoice review and generation of payment applications with highly configurable and secure approval workflows, tracking, and automated notifications. A new ebook details the complex challenges facing owners and delivery teams You have to enable javascript in your browser to use an . The General Contractor reviews and approves or rejects your invoice. Media Upload; My Media; My Playlists; My History; Login; Selected language: English EN. OptionsHouse sold to E*Trade for $725 million in July 2016. When a document on TPM requires notarization, the Sign Documents page displays notary fields after you apply your signature. Automatically calculate, hold, release retention. Connect your teams and applications in one place. How Bond Brothers relied on Oracle Textura Payment Management for a smooth upgrade to a new ERP system, How Oracle Textura helps Commodore Builders anticipate and manage payment risks, McShane Construction boosts efficiency and reduces risk with Oracle Textura Payment Management, MW Builders cuts lien waiver management time with Oracle Textura Payment Management, Oracle Textura provides Suffolk secure construction payment management solutions, Video: Optimize Construction Invoicing and Payment (1:38), Read the Reliance Construction Group story, Take the Payment Accelerator product tour, View all Oracle Construction Payment Management posts. Simplify payments with electronic funds transfer from Oracle Textura, with amounts linked to requests and approvals, or send payment information directly to your accounting system for processing. 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