Oracle Textura Payment Management Reviews & Product Details

Textura simplifies the collection of lien waivers required for payments and the disbursement of funds is very simple and fast. Review collected by and hosted on G2.com.

Support can take a very long time to resolve issues Review collected by and hosted on G2.com.

Easy for subs to use for billing and payment purposes Review collected by and hosted on G2.com.

Cost. Can get other software that does not charge subs for use Review collected by and hosted on G2.com.

It puts everthing in order, easy to access manipulate and execute. Review collected by and hosted on G2.com.

Cost, discovering issues before they are critical, such as payment holds. Review collected by and hosted on G2.com.

invoice management is great. Seamless when on the platform. Web-based for easy access. Review collected by and hosted on G2.com.

It does not integrate that smoothly with our ERP. It took a while to learn the proper way to use the system with our accounting software. Review collected by and hosted on G2.com.

I like that Textura does not allow math mistakes! The system will not allow you to move to the next step if the SOV does not balance to the contract amount or if a sub attempts to overbill. Similarly, it does not allow a sub to bill for unapproved change orders etc, before they have been entered. Review collected by and hosted on G2.com.

So far, I have not found anything to dislike about the software. A couple of times a year, I have a challenge with a sub not understanding the value in paying for the service offered. But that is more of a PR thing than functionality. Review collected by and hosted on G2.com.

I like Textura overall...It doesn't allow you to make errors...It is like one-stop shopping for submitting my invoicing, waivers including from subcontractors...It makes my payments more automatic that I can depend on when I will collect. I wish all my clients used Textura... Review collected by and hosted on G2.com.

You have to know what you are doing...Textura can be tricky to learn...If you don't use it every day, you can forget what you are doing...The good thing is Oracle support, which will walk you through it all. Review collected by and hosted on G2.com.

I value the ability to be transparent with subcontractors and the instant communication when draws need to be revised. A time saver when reviewing and releasing payments with the click of a few buttons. Review collected by and hosted on G2.com.

The only downside is dealing with subs that are not used to any kind of online billing system. This is easily solved by walking them through the process a few times - which Textura will do if the subs call them direct. Review collected by and hosted on G2.com.

Oracle Textura Payment Management allows our company to easily manage vendor invoicing, approval/rejection, and payments. Their system also syncs with our CMiC software to ensure efficient up-to-date information. Review collected by and hosted on G2.com.

Vendor customer support has improved over the last few years, but could still use improvement. Review collected by and hosted on G2.com.

It is impossible to make mathematical mistakes through Textura, which offloads a large problem with our past manual process Review collected by and hosted on G2.com.

I can't find a single thing I dislike about the product! Everything works pretty seamlessly and easily Review collected by and hosted on G2.com.

I like that with TPM I no longer have to review subcontractor payment applications for math errors anymore. It's impossible to make a math error with the software. I also like that TPM posts my invoices to my accounting system automatically. This saves me hours every month as well as saves hours for people in my finance department. We can also finally pay our subcontractors electronically. Without TPM we pay subs with a paper check. Lastly, waiver collection is much easier since TPM does all of the collection work for us. I used to have to collect waivers via an email I sent to every subcontractor every month and play the waiting game. I no longer have to do this. Review collected by and hosted on G2.com.

My team complains about the number of emails they get. I realize I can turn some emails off but I haven't found a good balance of emails my team should receive and emails I should shut off.

I still find that I have to remind my team to do their reviews but I'm not sure that's a TPM problem. Review collected by and hosted on G2.com.