CKE Restaurants, Inc. Uses Textura—Construction Payment Management for Process Standardization and Risk Mitigation

DEERFIELD, Ill., Sept. 1, 2011 /PRNewswire/ -- CKE Restaurants, Inc. (CKE), the owner of one the most popular U.S. regional brands in quick-service and fast-casual dining, Carl's Jr.®, is now using Textura Corporation's Construction Payment Management (CPM) system to electronically manage the payment and lien waiver collection for all construction and remodels of their restaurants.

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Patrick Allin, Textura Chairman and CEO, stated, "CKE Restaurants is a very important national owner client for Textura.  Their use of CPM demonstrates the value delivered to our owner clients as well as their contractors.  CKE has achieved process improvements and efficiency gains that have led to accelerated workflow, better communication and enhanced visibility into the draw process with their GCs and subcontractors.  CKE reduces their building risk by ensuring all lien waivers are collected and that all other required supporting documents are in order prior to payment.  We are proud to have CKE as a client."  

"CKE has developed a consistent repeatable process for the new construction and remodeling of our restaurants; Textura—CPM is key component of that formula," stated David Luxton, CKE's Vice President of Construction.  "For us CPM standardizes the process as well as the invoices that we receive from many different contractors working on CKE projects across the US.  For our contractors CPM provides efficiencies through the electronic billing and lien waiver collection process.  This automation dramatically reduces submission and approval times, ultimately expediting the exchange of payment for the lien waivers."

"CKE Project Managers have new insight into the billing process through Textura," continued Luxton.  "They can easily verify that all the required conditional and unconditional waivers are present and that they match the reported billings.  This facilitates the approval process, ensures correct payments and eliminates the need for paper."

David Kelly, Vice President of Client Services, added, "We had to make certain that the standard process put in place for CKE is repeatable and transferable.  CKE is a national organization and uses many different General Contractors.  By working collaboratively with CKE, Textura developed an approach that allows for different GCs to be quickly and seamlessly integrated into the standard process.  Textura handles the training and implementations for the new GCs which usually takes less than a day."

Standardization and risk reduction are key components for the success at CKE.  Textura—CPM is the only solution that successfully provides a complete, robust solution to the entire construction payment management process for all participants.

About Textura

Founded in 2004, Textura has developed the only robust collaborative industry solutions for construction payment management, Textura—CPM, and for pre-qualification, Textura—PQM.  Textura—CPM integrates all construction payment management process components into one seamless work flow, helping owners, general contractors, subcontractors and others involved in construction projects realize significant benefits from automation and streamlining.  Textura—PQM automates the entire pre-qualification process for everyone by facilitating the electronic submission, review, approval and updating of all pre-qualification documents.  Please visit our website at www.texturacorp.com.  

You can also call us at 866-TEXTURA (866-839-8872) or email your question to [email protected].  You can submit questions or requests for additional information through our web site at http://www.texturacorp.com/company/ContactUs.php.

About CKE Restaurants, Inc.

CKE Restaurants, Inc. is a privately held company headquartered in Carpinteria, Calif. As of the end of Q1 fiscal 2012, CKE, through its subsidiaries, had a total of 3,182 franchised, licensed or company-operated restaurants in 42 states and in 20 countries, including 1,262 Carl's Jr. restaurants and 1,909 Hardee's® restaurants. For more information about CKE Restaurants, please visit www.ckr.com or its brand sites at www.carlsjr.com and www.hardees.com.

SOURCE Textura Corporation