This Day On The Street
Continue to site
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

Callahan, Inc. Uses Textura To Improve Construction Payment Management Process

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

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
Only $9.95
14-Days Free
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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs