This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Equiset Adopts Textura Construction Payment Management





MELBOURNE, Australia, Oct. 9, 2013 /PRNewswire/ -- Textura Australasia, a joint venture between Textura Corporation (NYSE: TXTR) and Minter Ellison Lawyers, the leading provider of collaboration solutions for the construction industry, announced that Equiset, a premier builder and developer known for efficient construction methods and superior project management, has adopted Textura–CPM  to help improve efficiency, reduce risk and standardise processes across the organisation.

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

"Textura helps us differentiate our services with more efficient internal processes and more transparency to our subcontractors," said Roy Veal, Commercial Manager, Equiset.  "Textura automates many tasks that were previously manual and paper based. We no longer need to recreate each subcontractor claim to properly evaluate overbilling and unapproved variations. With Textura's automation, our Contract Administrators and Project Managers can spend more time assessing the work onsite and less time on paperwork."

"Textura–CPM also provides our subcontractors with transparency to their claim and compliance status and makes it easier for them to submit their progress claim each month," stated Veal.  "Sharing this information will help enhance the strong relationships we have with our subcontractors."

As a web-based solution, Textura–CPM brings efficiency to the claims assessment process and to compliance management, including automated document expiration and payment holds. CPM reduces administrative paperwork and makes it easier for project participants in the field to access real-time information, enhancing collaboration between all project stakeholders.

Equiset is a family-owned, integrated property development, project management and construction company offering a single point of contact for project creation, planning, design, construction, management and finance.

"Equiset is an early adopter of technology solutions in the Australian industry and we are very excited to have them select our solution to help reduce risk and enhance efficiency," said Deborah Coram, Chief Executive Officer, Textura Australasia. "We look forward to seeing their success using our software and helping spread the word about Textura in Australia."

About Equiset Equiset is a family owned integrated property development, project management and construction company which was established in 1998 and which began with Luigi Grollo in 1948. Equiset's focus is in the creation and delivery of buildings which are unique in nature and which combine exceptional physical environments with innovation in design and construction. Equiset's core strength provides commitment in the "Certainty of Delivery" within strict cost, time and quality project objectives. Visit www.equiset.com.au for more information.

About Textura Australasia Pty Ltd Textura Australasia is a joint venture between Minter Ellison Lawyers and Textura Corporation (NYSE: TXTR) ( www.texturacorp.com ) and brings the only robust, collaborative industry solution for construction payment management to the Australasia market – Textura ® CPM.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,288.63 +155.93 0.86%
S&P 500 2,117.39 +12.89 0.61%
NASDAQ 5,008.0960 +44.5690 0.90%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs