Oracle Textura Payment Management
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Oracle Textura Payment Management
By Oracle
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4.1 out of 5 stars
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Oracle Textura Payment Management Reviews & Product Details - Page 3

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Oracle Textura Payment Management Overview

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What is Oracle Textura Payment Management?

Oracle Textura Payment Management increases efficiency and control in construction payment management through a collaborative subcontractor invoicing and payment software system. The cloud solution streamlines and automates processes to accelerate payment, mitigate risk, and improve cash flow. Contractors can rely on the exchange of e-signed lien waivers and electronic payments. Key Business Benefits: - Increased efficiency: Eliminate paper and gridlock by standardizing processes and providing a single source of truth to the supply chain. - Control and risk mitigation: Enforce requirements and automate payment holds for compliance issues. - Insights and visibility: Analyze and easily report on payments and compliance data to improve project performance. Features include: - Streamlined Workflows and Automation - Online Collaboration in a Shared Environment - Lien Waivers and Compliance Documents - ERP/Accounting System Integration - Electronic Payment - Insights and Visibility - Dedicated Client Services

Oracle Textura Payment Management Details
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Product Description

Oracle Textura Payment Management Cloud Service enables you to increase efficiency and control in construction payment management. It streamlines and automates processes, mitigating risk, reducing cost, and improving cash flow.

Seller Details
Seller
Oracle
Year Founded
1977
HQ Location
Austin, TX
Twitter
@Oracle
824,405 Twitter followers
LinkedIn® Page
www.linkedin.com
199,405 employees on LinkedIn®
Ownership
NYSE:ORCL
Phone
+1 (650) 506-7000
Total Revenue (USD mm)
$39,068
Description

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems.

Calvin G.
CG
Overview Provided by:
Calvin Glenn

Recent Oracle Textura Payment Management Reviews

Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
2.5 out of 5
"Textura"
Easy for subs to use for billing and payment purposes
Read more
Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"Accurate and easy to use"
It puts everthing in order, easy to access manipulate and execute.
Read more
Kate R.
KR
Kate R.Mid-Market (51-1000 emp.)
4.5 out of 5
"Very helpful software for both small and large contractors"
Textura simplifies the collection of lien waivers required for payments and the disbursement of funds is very simple and fast.
Read more
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0 people requested security information

Oracle Textura Payment Management Media

Oracle Textura Payment Management Demo - Online Collaboration in a Shared Environment
Enable true stakeholder collaboration and version control of payment materials in a shared cloud workspace
Oracle Textura Payment Management Demo - Electronic Payment
Simplify and expedite payments using automated clearing house (ACH) payments
Oracle Textura Payment Management Demo - Insights and Visibility
Gain portfolio-wide view into payment and task status
Oracle Textura Payment Management Demo - Lien Waivers and Compliance Documents
Facilitate the secure digital exchange of current, unconditional, e-signed lien waivers for automated clearing house (ACH) payments
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Have you used Oracle Textura Payment Management before?
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44 Oracle Textura Payment Management Reviews

4.1 out of 5
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44 Oracle Textura Payment Management Reviews
4.1 out of 5
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Oracle Textura Payment Management Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Oracle Textura Payment ManagementQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Construction
UC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Oracle Textura Payment Management?

The ease for Subcontractors to input their billings and documents online and for the General Contractor to view, approve and disburse funds within the system. It is convenient to see all the records in Oracle Textura. Review collected by and hosted on G2.com.

What do you dislike about Oracle Textura Payment Management?

That every now and then there are issues with the integration with our Accounting System. Review collected by and hosted on G2.com.

What problems is Oracle Textura Payment Management solving and how is that benefiting you?

As a user of Oracle Textura I believe paying Subcontractors in a faster way via ACH is very important and record keeping is easy too. Review collected by and hosted on G2.com.

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Verified User in Construction
AC
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Oracle Textura Payment Management?

The support team is responsive and friendly. Review collected by and hosted on G2.com.

What do you dislike about Oracle Textura Payment Management?

Retention billing for self performed items in the owner/gc billing screen can be a little tricky. Review collected by and hosted on G2.com.

Recommendations to others considering Oracle Textura Payment Management:

Its awesome Review collected by and hosted on G2.com.

What problems is Oracle Textura Payment Management solving and how is that benefiting you?

Integration into our accounting system has made the draw process smooth and efficient. Review collected by and hosted on G2.com.

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Verified User in Construction
AC
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Oracle Textura Payment Management?

Having all compliance and invoicing in one place for my subcontractor and my team to see Review collected by and hosted on G2.com.

What do you dislike about Oracle Textura Payment Management?

Would like to have emails sent to the subcontrctor when compliance documents are rejected Review collected by and hosted on G2.com.

Recommendations to others considering Oracle Textura Payment Management:

If you are looking to move away form managing paper and you subs - this is the software for you Review collected by and hosted on G2.com.

What problems is Oracle Textura Payment Management solving and how is that benefiting you?

No issues witht hte software - but your invoicing/credit department is not easy to deal with Review collected by and hosted on G2.com.

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PRIYANKA M.
PM
ENGINEER CONSULTANT
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle Textura Payment Management?

It improves the cash flow and that is what I like most Review collected by and hosted on G2.com.

What do you dislike about Oracle Textura Payment Management?

Searchable Audit screens for ready access to historical information leads information outbreak and make it public Review collected by and hosted on G2.com.

What problems is Oracle Textura Payment Management solving and how is that benefiting you?

ACH coz I can see copies of all lien waivers from all sub contractors Review collected by and hosted on G2.com.

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DB
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Oracle Textura Payment Management?

Lien waiver tracking.

ACH payments.

Accounting system integration.

Automatic footing of values.

Change order management.

Ease of making revisions to applications. Review collected by and hosted on G2.com.

What do you dislike about Oracle Textura Payment Management?

Occasional delayed response from support team. Review collected by and hosted on G2.com.

What problems is Oracle Textura Payment Management solving and how is that benefiting you?

Billing issues with general contractors - e.g. applications with unapproved change orders, totals changing with each monthly roll forward, retention tracking etc.

In response we've benefited from the tools Textura provides to mitigate and in most cases prevent these issues. Review collected by and hosted on G2.com.

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Response from Giselle Rodriguez of Oracle Textura Payment Management
Editedit

Hello David. Thank you so much for your feedback! We apologize for our support team’s delayed response. We strive to provide excellent customer service and take your comments seriously.

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Verified User in Construction
AC
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Oracle Textura Payment Management?

Transparency with subs. Everyone looking and seeing the same thing. Review collected by and hosted on G2.com.

What do you dislike about Oracle Textura Payment Management?

Workflow and Roles work well globally, but we have had to make some changes to our internal processes to fit the software. Review collected by and hosted on G2.com.

What problems is Oracle Textura Payment Management solving and how is that benefiting you?

We have a better subcontractor draw process with Textura. We are more efficient. We are able to have better/easier conversations with our subs since we are both looking and seeing the same things. We are able to pay quicker and receive waivers quicker than we were without Textura. Review collected by and hosted on G2.com.

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Verified User in Construction
UC
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle Textura Payment Management?

It's very friendly. always new updates that has been more modern and new to allow for greater use Review collected by and hosted on G2.com.

What do you dislike about Oracle Textura Payment Management?

Cost is fair for big companies but for small subcontractors and engineers is somehow expensive a little bit Review collected by and hosted on G2.com.

Recommendations to others considering Oracle Textura Payment Management:

a must software to learn and use, more effenciency and less time concerning payments Review collected by and hosted on G2.com.

What problems is Oracle Textura Payment Management solving and how is that benefiting you?

control and manage construction payments between all subs Review collected by and hosted on G2.com.

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Verified User in Construction
CC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Oracle Textura Payment Management?

a great tool to control the payment of my employees Review collected by and hosted on G2.com.

What do you dislike about Oracle Textura Payment Management?

the system is a bit overwhelming at first glance, but it is easy to get familiar with it Review collected by and hosted on G2.com.

What problems is Oracle Textura Payment Management solving and how is that benefiting you?

Managing all the payment schedules, including bonus, meal allowances,... Review collected by and hosted on G2.com.

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PR
President
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Oracle Textura Payment Management?

I don't like anything about this service. It is complicated, not user friendly, and the customer service help is horrible. Review collected by and hosted on G2.com.

What do you dislike about Oracle Textura Payment Management?

Everything. This service is horrible, complicated, VERY TIME CONSUMING, and the customer service keeps you on hold for ever.. Review collected by and hosted on G2.com.

Recommendations to others considering Oracle Textura Payment Management:

Don't use this software. It expensive and will be a huge waste of time. Review collected by and hosted on G2.com.

What problems is Oracle Textura Payment Management solving and how is that benefiting you?

Textura is the problem. We have seen no benefit at all. Review collected by and hosted on G2.com.

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Verified User in Financial Services
AF
Mid-Market(51-1000 emp.)
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Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Oracle Textura Payment Management?

Development using OTPM is reasonable. I liked the automate notification. Salesforce integration as we are big user of salesforce and wanted this service to be integrated with our current systems., Review collected by and hosted on G2.com.

What do you dislike about Oracle Textura Payment Management?

Looking forward to integrate with other system. As a Salesforce platform analyst I am looking for more towards cloud based solutions outside oracle domain. Review collected by and hosted on G2.com.

Recommendations to others considering Oracle Textura Payment Management:

More API based connectorGoing forward

Automate seamless transfer of critical financial data between TPM and most popular ERP solutions

Configure timing and frequency of data transfers based on need

Drive efficiency by eliminating redundant data entry and errors

Increase financial visibility and enable better decision making Review collected by and hosted on G2.com.

What problems is Oracle Textura Payment Management solving and how is that benefiting you?

I am trying to integrate this to use in financial secotrs custom payment so that the sales people shall have better flexibility of payment process. also mobile option of it i am looking. still the POC in progress. Review collected by and hosted on G2.com.

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Oracle Textura Payment Management Categories on G2
Construction Accounting
Construction Accounting

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