Textura Corp. (NYSE: TXTR) said that Urban Oaks Builders LLC has selected Textura-CPM to enhance efficiency and improve cash flow in the construction payment management process.
Textura-CPM replaces the stacks of paper invoices and lien waivers with electronic documents that are easier to approve, track and store. By automating processes, CPM reduces the time associated with payments and lien waiver collection from days to mere minutes, improving efficiency across an organization.
Urban Oaks Builders has nearly 1318 units in five projects in various stages of construction for Hines´ Multifamily Division. They are located in Atlanta, Denver, Houston, and St. Petersburg, FL .
Textura is the provider of collaboration and productivity tools for the construction industry. The company´s website is at www.texturacorp.com