Name: Oracle Textura Payment Management
Rating: 9.3 (7 reviews)
Author: Oracle

Help Desk

Web and Video Conferencing

Customer Support

Cross-Browser Testing

PHP Frameworks

Development

Learning Management

Education

Business Intelligence (BI)

Collaboration

Demand Planning

Enterprise Content Management

Enterprise Feedback Management

Facility Management

Knowledge Management

Payment Facilitation

Enterprise

Accounting

Blockchain Payments

Cryptocurrency Wallets

Hedge Fund

Finance and Accounting

ACA Compliance

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Change Management

Cloud Storage

Embedded Database

Endpoint Security

Fraud Detection

Function as a Service (FaaS)

Graph Database

Infrastructure-as-a-Service

Integration Platform as a Service (iPaaS)

Network Attached Storage

Network Performance Monitoring

Object Storage

Privileged Access Management

Rack Servers

Storage as a Service (STaaS)

Technology Business Management

Value Stream Management

Website Hosting

Information Technology

A/B Testing

Account-Based Marketing (ABM)

Ad Serving & Retargeting

All-in-One Marketing

Contact Management

Content Management

Creative Management

Customer Advocacy

Email Marketing

Marketing Automation

Social Media Management

Survey & Forms Building

Translation

Web Analytics

Marketing

Project Management

Video Conferencing

Professional Services

Auction Software

Customer Relationship Management (CRM)

Headless eCommerce

Lead Management

Sales Incentive Compensation Management

Sales

Data-Centric Audit Protection (DCAP)

Database Security

Operational Technology (OT) Security

Security

Aviation

Civil Engineering

Computer-Aided Manufacturing (CAM)

Healthcare Learning Management

Lease Management

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A construction payment management application that helps general contractors, owners, and subcontractors simplify and automate the draw process. Reduces risk by securely managing lien waivers and compliance. Increases visibility to downstream payments to minimize the risk of disruption and ensure the entire supply chain is paid on time for work completed.

Melio is a small business-oriented  Accounts Payable tool, presented as a service that helps small businesses keep up with business. A B2B payments experience and payment workflow designed to be simple, and to enable businesses to pay domestic and international vendors, expedite payments, or pay by card.

Card processing fee

Melio

Kashoo is a simple cloud-based double-entry accounting platform for small businesses. It is mobile-accessible and features include receipt capture, automated invoicing, tax preparation, financial reports, banking, and expense management features.

Kashoo

Oracle Textura Payment Management

Accounts Receivable

Construction

Silverwood Landscape Construction

Likelihood to Recommend

Usability

Invoice Control

Payment Tracking

Automatic Reminders

Payment Reconciliation

Dispute Resolution

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Oracle

Functionality differs depending on the complexity of the product, and whether it’s a point solution or part of a Sales technology suite. Features may include:

Allows users to create and send invoices to customers for payment.

Enables users to track and record customer payments and apply them to the appropriate invoices

Credit Management

Provides tools for managing credit limits, monitoring customer creditworthiness, and setting credit terms.

Aging Reports

Generates reports that show the age of outstanding invoices, helping users identify and prioritize collections efforts.

Customer Statements

Allows users to generate and send periodic statements to customers detailing outstanding balances.

Sends automated reminders to customers with overdue invoices to prompt payment.

Streamlines the process of matching incoming payments with outstanding invoices.

Provides tools for managing and resolving disputes with customers regarding invoices or payments.

Financial Reports

Generates reports that provide an overview of accounts receivable, allowing users to analyze trends and make informed decisions.

Integration with Accounting Systems:

Allows for seamless integration with other accounting software, enabling a smooth flow of data between systems.

Procore

GCPay

Oracle Textura Payment Management 2024-11-18 13:13:42

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

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Accounts Receivable Software

We use Oracle Textura Payment Management when our clients require it. It replaces the need to send invoices each month manually and consolidates the monthly draw process into a well-organized and easy solution. 

 Oracle Textura Payment Management is easy to learn, very intuitive, and allows us to submit invoices in a way that eliminates mistakes and confusion on both sides. Submitted draws are easy to track and payment notifications are emailed allowing us to know exactly when we will receive our funds.

AIA Billing
ACH Payments
SOV Management
Communications
User Management
Compliance Holds

Task Management needs a "Mark all as Read" or similar function. They pile up per job and are only able to be completed using certain links and processes.
Payment Notification emails should include payment details including amount(s), joint check info, and check numbers.
Projects should be able to be removed or archived by the subcontractor. We have jobs showing on our home page that are 3+ years since completion.
Retention billing is very confusing and should be communicated more clearly. There should also be a button that allows for all retention to be billed at once rather than having to type in the amount per line item.
Sub-Tiers should not be a menu to click through if there are no sub-tiers for a sub.

Oracle Textura Payment Management has dramatically improved our AR process (when the GC uses it). We wish that every job used it so we wouldn't have to deal with the dozens of builder-specific invoicing processes each month. Before Oracle Textura Payment Management, each builder had specific process we had to follow in order to get paid. After GCs started to use it, we have been able to consolidate multiple clients and jobs into a single easy-to-learn and easy-to-teach process that allows us to submit invoices easily and track when we are going to get paid.

Oracle Textura Payment Management

Overview

What is Oracle Textura Payment Management?