Top General Contractor Based in Washington Area Uses Textura to Lower Risk and Increase Efficiency in the Construction Payment Process.
CHICAGO, May 29, 2014 /CNW/ - Textura Corporation (NYSE: TXTR), the leading provider of collaboration solutions for the construction industry, announced that Grunley Construction Company, Inc., a leading general contractor based in the Washington D.C. area with expertise in high-profile, complex projects for both the private and public sectors, has chosen Textura® CPM-Enterprise™ to help improve efficiency, and standardize their construction management processes.
"Textura CPM-Enterprise allows us to pay our subcontractors much faster than before," said Chip Scott, Senior Vice President and Operations Manager. "Textura gives a new level of transparency, which has enhanced our relationships with our subcontracting community. Textura-CPM is also helping us standardize the lien collection process by automating many of the processes we had been performing manually with our old system."
A web-based solution, Textura CPM-Enterprise electronically integrates all construction payment management processes, including billing, lien waiver collection, compliance management and payments into one seamless flow. By automating processes and moving them online, Textura-CPM eliminates manual processes, reduces the amount of paper involved in the payment process and increases efficiency.
"We spent far too much time moving invoices through the organization and double-checking for errors with our old system," said Scott. "Our staff can now focus on more important tasks than chasing paperwork."
With a history dating back to 1955, Grunley has more than 300 construction industry professionals and more than 40 projects currently under construction in Washington D.C., Maryland, Virginia, Illinois and North Carolina. Grunley ranks #178 on the ENR Top 400 Contractors list and #10 on the Washington Business Journal's Largest General Contractors.
"We are extremely pleased that Grunley has joined our expanding list of contractors to adopt our collaboration solutions," said Patrick Allin, Chairman and Chief Executive Officer, Textura Corporation. "As one of the most prominent contractors in the U.S., we are confident that they will find advantages in using our solutions and we look forward to helping them achieve new levels of success."
About Grunley Construction Company, Inc.
Grunley Construction Company, Inc. is a full-service, award-winning construction firm with expertise in high-profile, complex projects for both public and private sector customers. Headquartered in the Washington metropolitan area, Grunley specializes in constructing new facilities as well as additions, renovations, restorations and modernizations of large-scale commercial, institutional, and government buildings. Grunley has a staff of over 300 construction industry professionals, including architects, engineers, LEED® Accredited Professionals, historic preservation experts, project executives, project managers, superintendents, tradesmen, and support staff. Grunely's annual revenues are in excess of $325 million and our bonding capacity is $1 billion aggregate. Visit www.grunley.com for more information.
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, pre-qualification and bid management to submittals, field management, LEED® management and payment.
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
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SOURCE: Textura Corporation
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