Logo of Oracle Textura Payment Management

Oracle Textura Payment Management

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Company health

Employee growth
5% increase in the last year
Web traffic
7% decrease in the last quarter

Ratings

G2
4.1/5
(44)
Capterra
2.4/5
(17)
Glassdoor
3.8/5
(55086)

Oracle Textura Payment Management description

Oracle Textura Payment Management is a cloud-based software designed for the construction industry to simplify and automate payment processes. It allows general contractors, subcontractors, and owners to manage invoices, lien waivers, and payments in one shared online space. The software helps reduce payment errors and delays, improve compliance tracking, and offers greater visibility into project financials. Oracle Textura Payment Management integrates with existing accounting systems and provides dedicated customer support.


Who is Oracle Textura Payment Management best for

Oracle Textura Payment Management helps construction companies streamline payments and compliance. Users praise the automated workflows and improved tracking, but some find the interface complex and customer support slow. Ideal for larger firms seeking to centralize project financials.

  • Best for medium to large construction businesses (100+ employees).

  • Specifically designed for the construction industry to manage complex projects.


Oracle Textura Payment Management features

Supported

Oracle Textura Payment Management automates calculations, reviews, approvals, and compliance for invoices to reduce errors and late payments.

Supported

Oracle Textura Payment Management offers standardized and automated workflows for invoice and payment processing, improving control and reducing fraud and errors.

Supported

The software securely collects, manages, and tracks compliance documents, including lien waivers, ensuring accuracy and compliance.

Supported

Oracle Textura Payment Management allows real-time tracking of payments, compliance, and lien waivers, giving stakeholders up-to-date project information.

Supported

The software supports ACH payments and offers an optional payment acceleration program to expedite payments.

Supported

Oracle Textura Payment Management provides a single, secure platform for real-time collaboration among project stakeholders.

Supported

The software includes reporting and analytics tools that track payment performance and provide insights for cost savings.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Ease of Use

Rather positive
+0.33

Reliability and Performance

Rather positive
+0.5

Oracle Textura Payment Management reviews

We've summarised 61 Oracle Textura Payment Management reviews (Oracle Textura Payment Management Capterra reviews and Oracle Textura Payment Management G2 reviews) and summarised the main points below.

Pros of Oracle Textura Payment Management
  • Automated and streamlined payment processing.
  • Easy tracking of invoices, payments, and lien waivers.
  • Improved compliance tracking and reduced payment errors.
  • Centralized platform for all project financials.
  • Electronic payment options and ACH payments.
Cons of Oracle Textura Payment Management
  • Confusing and lengthy automated emails.
  • Difficult to navigate and limited functionality.
  • Long wait times for customer support, especially for subcontractors.
  • High costs and fees, particularly for small subcontractors.
  • Integration issues with other accounting software.

Oracle Textura Payment Management pricing

The commentary is based on 9 reviews from Oracle Textura Payment Management Capterra reviews and Oracle Textura Payment Management G2 reviews.

While Oracle Textura Payment Management streamlines payment processes, some users express concerns about its cost, especially for smaller subcontractors. Several reviews mention expensive subscription fees and the added burden of charging clients for usage. Despite its benefits, cost remains a significant factor for potential users.

Users sentiment

Strongly positive
+1

Oracle Textura Payment Management alternatives

  • Logo of AvidXchange
    AvidXchange
    Automated invoice and payment processing for smoother business.
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  • Logo of Global PayEX
    Global PayEX
    Automates and streamlines accounts payable and receivable processes.
    Read more
  • Logo of Stampli
    Stampli
    AP automation that streamlines invoice processing and approvals.
    Read more
  • Logo of Factura.ai
    Factura.ai
    Automated invoice processing and payments for multi-location businesses.
    Read more
  • Logo of Yooz
    Yooz
    Automated invoice processing. Saves time and money. Cloud-based.
    Read more
  • Logo of Lightyear
    Lightyear
    Automate purchasing and payables. Streamline approvals. Gain financial insights.
    Read more

Oracle Textura Payment Management FAQ

  • What is Oracle Textura Payment Management and what does Oracle Textura Payment Management do?

    Oracle Textura Payment Management is a cloud-based solution streamlining construction payment processes. It automates invoices, lien waivers, and payments on a shared platform, enhancing real-time visibility and collaboration. This reduces errors, improves compliance, and accelerates payments for general contractors and subcontractors.

  • How does Oracle Textura Payment Management integrate with other tools?

    Oracle Textura Payment Management integrates with existing accounting systems. It also offers a shared online space for general contractors, subcontractors, and owners to collaborate on invoices, lien waivers, and payments. However, some users have reported integration issues with other accounting software.

  • What the main competitors of Oracle Textura Payment Management?

    Top alternatives to Oracle Textura Payment Management include Procore, Autodesk Construction Cloud, and Viewpoint Vista. These construction management platforms offer similar functionalities like payment processing, cost control, and project management tools. Other competitors include Sage 300 Construction and Real Estate and CMiC.

  • Is Oracle Textura Payment Management legit?

    Yes, Oracle Textura Payment Management is a legitimate software. It's a cloud-based platform designed for the construction industry to automate payment processes and improve compliance tracking. While some users find the software difficult to navigate and expensive, others praise its streamlined payment processing and real-time tracking capabilities.

  • How much does Oracle Textura Payment Management cost?

    I cannot find pricing details for Oracle Textura Payment Management. Contact Oracle sales for product pricing or a customized quote. Consider exploring alternative construction payment management software options if budget is a concern.

  • Is Oracle Textura Payment Management customer service good?

    Customer reviews on Oracle Textura Payment Management are mixed. While some users appreciate the automated payment processing and compliance tracking, others cite difficulties with customer service, confusing emails, and software navigation. Some users have also reported issues with missed payments and system delays.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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