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Fortune-Johnson Selects Textura CPM--Enterprise™

Stocks in this article: TXTR

CHICAGO, Aug. 2, 2013 /PRNewswire/ --  Textura Corporation (NYSE: TXTR), the leading provider of collaboration solutions for the construction industry, announced today that Fortune-Johnson, the premier contractor for multifamily projects in the Southeast, has selected CPM—Enterprise to expedite the processing of pay applications, reduce the chance for errors and bring transparency to the draw process.

(Logo: http://photos.prnewswire.com/prnh/20110602/CG12932LOGO)

"One of main reasons in our decision is the level of automation that Textura—CPM brings," said Karen White, CFO, Fortune- Johnson.  "We had been using a paper-based billing process but that meant a lot of time and resources spent hunting down the right invoice and double-checking to eliminate errors.  Textura—CPM automates the process, so we can spend less time focused on moving paper around and spend more time focused on valuable tasks."  

Textura—CPM automates the construction payment process by using a sophisticated but easy-to-use workflow engine.  An online solution, CPM allows for the easy storage and retrieval of electronic documents, reducing the amount of paper involved in a construction project and increasing efficiency and productivity. 

"Textura has helped us standardize our documents and the draw process," said White.  "We can now pay the subcontractors quicker, and since the information is stored in a centralized database, we know that the data is accurate."  Fortune-Johnson has offices in Georgia and Virginia, and in their 20+ year history has built over 15,000 units. 

"We are very pleased that Fortune- Johnson has opted to use our solutions to enhance the construction payment management process," said Patrick Allin, Chairman and Chief Executive Officer, Textura Corporation.  "By eliminating paper and automating process with our solutions, they join the expanding number of General Contractors that have experienced tangible gains in efficiency and productivity." 

About Fortune-Johnson Fortune- Johnson offers the finest in general contracting and construction management services. Our dedication to building on a foundation of trust has made us the premier contractor for multifamily projects in the Southeast.  Founded in 1991, the principals and senior management of Fortune- Johnson have worked together for more than 25 years, and remain dedicated to hard work, customer satisfaction, and the highest ethical standards.  For more information, please visit www.fortune-johnson.com

About Textura  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

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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