CHICAGO, Nov. 6, 2013 /PRNewswire/ -- Textura Corporation (NYSE: TXTR), the leading provider of collaboration solutions for the construction industry, announced today that Callahan, Inc., a full service construction firm that specializes in construction management and preconstruction, is using Textura—CPM to improve the construction management payment process.
"We had our first experience with Textura—CPM when we did some work on an Avalon Bay project," said Pat Callahan, President, Callahan, Inc. "We saw what it could do from the Construction Management side, and we were so impressed we decided to experience it as a contractor."Textura—CPM helps both General Contractors and Subcontractors improve efficiencies and eliminate wasteful steps in the construction payment process. Textura—CPM saves both General Contractors and Subcontractors valuable time with the quick online entry of invoices and the online submission of waivers and compliance documents. Textura—CPM reduces the risk of payment delay with real-time tracking of compliance status and direct electronic payments. "We were performing compliance manually," said Callahan. "We were also spending a lot of time tracking down sub tier lien waivers and we recognized that this was time better spent on more valuable tasks. Textura—CPM gives us the ability to automate payment holds and auto-generate waiver forms for sub tiers, which has generated considerable time savings." "We are very pleased that Callahan, Inc. has decided to implement our solutions after experiencing them on the Avalon Bay project," said Patrick Allin, Chairman and Chief Executive Officer, Textura Corporation. "They will immediately begin to see the advantages of using Textura—CPM to better manage the construction payment process." About Callahan, Inc. Callahan, Inc. is a full service construction firm with experience in the retail, multi-family, education, corporate, industrial, historic preservation and rehabilitation markets. Callahan, Inc. utilizes its multi-faceted preconstruction skills and broad construction management experiences to continue to provide outstanding services for local and national developers. For more information, please visit www.callahan-inc.com