Contractor Buildcorp,, Sydney, Australia, is a mid-tier construction company with a 25-year track record across Queensland, New South Wales, and Victoria. The enterprise’s services span commercial construction, interiors, refurbishment, remedial building, and architectural joinery. Its accomplishments appear in a range of markets, including commercial, educational, and healthcare.

To manage the subcontractor billing process more efficiently, the builder will implement Textura-Construction Payment Management (CPM) from Textura Australasia, Melbourne, Australia, a subsidiary of Textura Corp.,, Deerfield, Ill., a provider of collaboration solutions for the construction industry.

Mark Tonkin, CFO, Buildcorp, says the technology improves the claim assessment process and integrates with accounting, eliminating paper handling and manual date entry.

Textura-CPM is a “software-as-a-service” that integrates every step of the “construction claims” process, including progress claims (presumably reports), variation requests (or change orders), payment schedules, statutory declarations, compliance management, and disbursals (payouts).

CPM provides a shared view of the subcontract, work breakdown, and variations to Buildcorp and each of its subcontractors. Accessed through any Web browser, CPM reduces disputes and generates efficiency—meaning both sides waste less time on administration.

Such a collaborative solution is expected to help the multi-faceted contractor improve efficiency, as it automates manual processes, tightening up the workflow as it relates to subs, and increasing the contractor’s responsiveness overall.

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