Across the nation, construction companies are embracing collaboration solutions. In the Lone Star state, for instance, a number of contractors are implementing new technology to improve payment processes.
For example, Textura Corp., www.texturacorp.com, Chicago, Ill., announced more than 4,000 subcontractors in Texas now use the Textura-CPM solution to improve efficiency and enhance visibility into draw status and compliance requirements.
As a Web-based SaaS (software-as-a-service), Textura-CPM integrates all construction payment management processes—including billing, lien waiver collection, progress claims, statutory declarations, sub-tier waivers, compliance management, and payments—into a workflow that makes the entire process faster and more efficient for all users.
As a client that has experienced the success firsthand, Marek Brothers, www.marekbros.com, Houston, Texas, notes the advantages in terms of billing. While these projects are a huge undertaking each month, the Textura-CPM billing system allows the company to be up to date on change orders, billing changes, and so on—in realtime, says Susan Viereck, corporate credit manager, Marek Brothers.
She adds the company can be notified of changes and updates and go online and make the changes, and the paperwork is received by the contractor immediately. There is no lag time in mailing of change orders or notification of draw revisions.
While this is one example, there are a number of construction companies that are using collaboration solutions for a variety of different processes in construction—payment, project management, document management, etc. How is your construction company using technology to improve communication on a project?
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