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Textura Releases New Subcontractor Payment Function

February 9, 2012

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CHICAGO -- Textura Corporation announced 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).

Patrick Allin, Textura chairman and CEO said, "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." 

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