Construction Magazine November 2018 | Page 14

LEADERSHIP
14 growing concern in the industry around late payments to contractors ,” explains Mike Antis , co-founder of Textura and Vice President of Client Services at Oracle Construction & Engineering .
“ We enhance visibility in the process and speed it along . We also offer a financing capability which gets money in the hands of the subcontractors much earlier in the process with the goal of improving the working capital position and strengthening business . We ’ re cloud native , collaborative and very high touch from a service perspective . We try to offer value to all parties in the supply chain , not just those who purchase the solution . Our goal is to deliver value to everybody in the ecosystem so the purchaser gets the most value possible through their supply chain .” Antis believes the mobile capability of Oracle ’ s suite of solutions – including Textura ’ s Construction Payment Management ( CPM ) – is putting real time data for informed business decisions in the hands of users . “ It ’ s a game changer ,” he enthuses . “ And it ’ s where the industry has really arrived .”
NOVEMBER 2018