Commercial building company Automated or Eliminated 67% of Manual Processes in the Subcontractor Billing Process with Textura CPM-Enterprise.
CHICAGO, May 13, 2014 /CNW/ - Commercial building company Kitchell relied on Textura® CPM—Enterprise™ during the company's recent upgrade to the newest version of its ERP system, a customized version of JD Edwards EnterpriseOne. CPM—Enterprise, offered by Textura Corporation (NYSE: TXTR), the leading provider of collaboration solutions for the construction industry, ensured that Kitchell's subcontractors continued to receive payments during the upgrade process, and also integrated with the new ERP system right-out-of-the-box with no modifications and little testing time needed.
"Maintaining day-to-day operations during our ERP system upgrade and minimizing disruptions was very important to us," said Kitchell Controller Jorge Arellano. "Any company that undertakes a project of this magnitude needs to be confident that activities vital to the health of the organization continue. Textura played an important role in helping us maintain the payment process and making sure subcontractors were paid on-time."
Built specifically for the construction industry, Textura—CPM electronically integrates all payment management processes, including billing, lien waiver collection and document compliance, into one powerful workflow. By incorporating all payment activities into one solution and placing the process online where it can be accessed anywhere and anytime by project stakeholders with an internet connection, CPM™ eliminates the manual, paper-heavy process associated with construction payment. Over 300 major General Contractors use Textura—CPM and $2.5 billion in invoices are managed monthly.
"Textura—CPM has eliminated or automated about 67 percent of the manual processes we used to perform during payment," said Arellano. "It eliminated the need for project team personnel to chase subcontract invoice documents and manually route them for approval, and we can track compliance documents in one system as opposed to multiple systems. The documents are already in PDF format, so we don't have to scan them for record-keeping. Our staff can focus on more business valuable tasks, and having those resources free was incredibly helpful during the upgrade process."
"We designed our solutions to interface with all major accounting packages and ERP systems," said Patrick Allin, Chairman and Chief Executive Officer, Textura Corporation. "We are pleased that our CPM solution helped Kitchell during their recent upgrade, and are proud to have such a prominent contractor as our client."
About Kitchell Corporation
A leading builder for the past 60-plus years, Kitchell applies its innovative approaches to quality, safety, lean construction and design/build – among other industry-leading practices – to a wide range of projects in the healthcare, corrections, utility, alternative energy, hospitality, retail, performing arts and academic communities. Its specialized divisions and subsidiaries include Native American, Healthcare, Custom Homes, Facilities Development Inc., Environmental Services and American Refrigeration Supplies. Learn more at www.kitchell.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, 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
SOURCE: Textura Corporation
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