Expanding Construction, Multifamily Property Management and Development Firm Selects Textura-CPM and Textura-PQM to Increase Transparency and Improve Efficiency
CHICAGO, April 29, 2014 /CNW/ - Textura® Corporation (NYSE: TXTR), the leading provider of collaboration solutions for the construction industry, announced today that Holland Construction, Inc., a vertically integrated division of Holland Partner Group, an acquisition, construction, multifamily property management and development firm, is using Textura—Construction Payment Management™ (CPM) and Textura—Pre-Qualification Management™ (PQM) to automate processes, increase efficiency and lower risk for their development and construction management operations.
Holland Partner Group currently manages more than 21,000 units in Washington, Oregon, California, Colorado, and Arizona.
"We consistently strive for improvement and were interested in a better way to manage our subcontractor prequalification, payments, and lien waiver processes," said Jeff Dickerson, President, Holland Construction, Inc. "We were gathering information manually and relying on some solutions we built in-house, but as we continue to expand and have more information to manage, that mode of operation was becoming less and less tenable. With Textura, we hope to enhance efficiency and reduce our operational costs by automating processes and increasing collaboration."
Textura—CPM™ provides users with automated lien waiver tracking, replacing the stacks of paper and lien waivers with electronic documents that can be managed with a few simple clicks. CPM integrates all construction payment related process components into a seamless workflow that reduces risk, improves control and enhances visibility.
Before using Textura—PQM™, Holland Construction, Inc. was using spreadsheet and manual processes to gather subcontractor information. With PQM, a solution powered by a sophisticated workflow that allows users to issue invitations, send submissions and review all related info online, Holland Construction, Inc. streamlined their processes and created the transparency needed to properly review and track subcontractors. Subcontractor private information is protected through role-based security, and since Textura—PQM provides electronic tracking of expiration dates, Holland Construction, Inc. can make sure a subcontractor doesn't slip through the compliance cracks. Headquartered in Vancouver, Washington, Holland Partners Group has offices in Seattle, Portland, Long Beach, Sacramento, Tempe and Denver. After successfully implementing Textura initially in their Seattle region, the company rolled it out to their other regions.
"Everyone at Textura is very excited to see the benefits in efficiency and increases in transparency that Holland Construction, Inc. has experienced using our solutions," said Patrick Allin, Chairman and Chief Executive Officer, Textura Corporation. "We are proud to help with their sustained success as they continue to grow as a company and discover the benefits our collaboration solutions can bring."
About Holland Partner Group
Launched in 2001, Holland Partners Group's vision is to create new residential communities in some of the West Coast's most desired locations while improving both the resident's quality of life and the development ties to the community. For more information, please visit www.hollandpartnergroup.com.
Textura is the leading provider of collaboration and productivity tools for the construction industry. Our solutions serve all construction industry professionals across the project lifecycle – from takeoff, estimating, design and pre-qualification to bid management, submittals, LEED® management and payment – on a single, integrated platform.
Textura's collaboration platform and online product suite represent the first time the industry has all the tools needed to manage their business in an integrated fashion to save time and money and reduce exposure to risks. With award winning technology, world-class customer support and consistent growth, Textura is leading the construction industry's technology transformation. www.texturacorp.com
SOURCE: Textura Corporation
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