by Rebecca Walker — April 27, 2011—Textura Corporation, a leading provider of collaboration solutions for the construction industry, announced that MB Real Estate Services, LLC, a full-service commercial real estate and development firm, has begun implementing Textura’s Construction Payment Management system on select tenant improvement, renovation and new construction projects.
John T. Murphy, President, MB Real Estate Services, LLC, said, “We have always valued the team approach here at MB Real Estate, which played a major role in our decision to implement the Textura Construction Payment Management (CPM) system. Textura CPM has significantly reduced our risk and made our payment application process more efficient. The team members on those projects have benefited from a more efficient and cost-effective process.”
Visibility into complex, multi-party construction projects is a must for all participants in today’s economic environment, says Textura. The company’s CPM is the only solution that delivers on this requirement, applying proven, Internet-based technology to an inefficient, paper-based process, helping companies save money and reduce risk, regardless of their project role, according to the company.
Founded in 2004, Textura has developed the only robust collaborative industry solutions for construction payment management, TexturaCPM, and for pre-qualification management, TexturaPQM. For more information, see the Web site.
