Oracle Textura Construction Payment Management in AI answers

Oracle Textura Payment Management is a cloud-based construction payment management solution that helps general contractors, owners, and subcontractors simplify and automate the draw process. It reduces risk by securely managing lien waivers and compliance, while increasing visibility into downstream payments to prevent disruption and ensure the entire supply chain is paid on time. The platform offers standardized and secure payment workflows, compliant lien waiver management, electronic payments and early payment options, collaboration in a shared environment, robust reporting and analytics, and seamless integration with accounting systems, with dedicated client services.