MINNEAPOLIS, March 15, 2012 /PRNewswire/ -- Twin Cities General Contractors have long recognized the need to improve the paper chase involved with construction invoicing, collecting lien waivers and tracking receipt of subcontractor compliance documents. In 2005 an automated solution had just been launched in the market, Textura—Construction Payment Management™ (CPM). The Minneapolis/St Paul construction leaders embraced it as a revolutionary change to completely streamline the monthly construction invoicing process.
Lorie Eaker, Accounting Manager for Adolfson & Peterson, an ENR 100 general contractor, said, "The Textura staff has been great to work with in dealing with our complex questions. We have seen a reduction in payment time from our owners since we began processing and paying our subcontractor invoices electronically."
Dale Rohling, Accounting Manager for Knutson Construction, an ENR 200 general contractor, added, "Of all the players in the construction software industry, Textura has emerged as the only one to deliver a universally viable solution. Textura is the future of a truly cradle-to-grave approach to managing subcontracts."
Sarah Toepke, Assistant Controller for Minneapolis-based Ryan Companies, a commercial real estate firm and ENR 100 company, commented, "Textura has been a strategic business partner to Ryan Companies as we continue to strive to improve our processes of subcontract payment and lien waiver administration."
Patrick Allin, Textura Chairman and CEO, reflected, "The Twin Cities construction leaders continue to be vital partners for Textura as our product offering and service line continues to grow. Over the last six years our clients in the Twin Cities have helped Textura evolve to the robust functionality we have today."
"These clients helped us identify and understand the industry need for a better method to track and collect sub-tier lien waivers and compliance information," continued Allin. "So we worked with them and other clients to add it to CPM. Many improvements and functionality enhancements are the direct result of feedback from our general contractor and subcontractor clients in the Minnesota market."
"CPM is a solution for everyone involved in the construction invoicing process," concluded Mike Planthaber, Textura Client Services Manager. "Textura provides a valuable technology platform and network for subcontractors, general contractors and owners in the Twin Cities as well as in our other markets throughout the United States and Canada. A consistent billing process across the Minnesota market enables project members to spend more time on important project activities rather than chasing paper."
With over 60 years of experience, Adolfson & Peterson Construction serves owners, architects, and developers with a commitment to teamwork and quality nationally from Los Angeles, CA to Charlotte, NC. Please visit http://www.a-p.com for more information.
Knutson has been proudly serving the Midwest with over 100 years of construction experience. Projects include clinics, hospitals, churches, assisted care facilities, libraries, museums, government facilities, environmental facilities, and universities. Please visit http://www.knutsonconstruction.com for more information.
Ryan Companies began as Ryan Lumber and Coal in 1938 and has evolved into a national leader and developer for projects across North America. Building lasting relationships with owners is the company's motto. Please visit http://www.ryancompanies.com for more information.
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