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Description
Managing progress claims, variations, and payments can be simplified significantly, and Oracle Textura Payment Management provides a top-tier cloud solution that integrates all aspects of this process into a unified, secure platform. By automating payment functions for both contractors and subcontractors, this system eliminates tedious manual operations, allowing you to concentrate on enhancing your business performance. Users of Oracle Textura enjoy improved applications, efficient payment scheduling, compliance oversight, and streamlined disbursement processes. This results in greater control, increased efficiency, and minimized risk for everyone involved in the project. With Oracle Textura, you gain a comprehensive view of your digital workflows, which mitigates the possibility of human error while ensuring adherence to Security of Payment regulations. Tailored for the modern construction environment, it provides a seamless end-to-end payment experience, complete with full transparency and straightforward reporting accessible to all key project participants. Ultimately, Oracle Textura not only simplifies payment management but also empowers organizations to thrive in a competitive landscape.
Description
TrakPro serves as a construction payment management system tailored for main contractors and commercial teams operating in the UK and Ireland.
Subcontractors can submit their payment claims based on the pre-established bill of quantities, which quantity surveyors meticulously evaluate on a line-by-line basis, offering recommendations and certifying payments through customizable approval workflows. The platform automatically produces payment certificates and pay less notices, while also keeping track of retention, release processes, and managing variations, dayworks, and site materials, all supported by a comprehensive audit trail.
Both parties involved in the payment process utilize the same platform, providing main contractors with immediate insights into committed costs and certified values for each project.
The notifications and terminology comply with local regulations, ensuring accuracy for UK projects governed by the Construction Act and for Irish projects under the Construction Contracts Act, with CIS compliance for payments in the UK. Additionally, TrakPro seamlessly integrates with various construction ERP systems, such as COINS, Sage Intacct, and 4PS, enhancing its functionality and utility for users. This comprehensive approach makes TrakPro an indispensable tool for streamlining payment management in the construction industry.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
Siteline
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
Subcontractors use TrakPro free. Pricing applies to main contractors only
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Oracle
Founded
1977
Country
United States
Website
www.oracle.com
Vendor Details
Company Name
TrakPro
Founded
2023
Country
Ireland
Website
trak-pro.com
Product Features
Payment Processing
ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture
Product Features
Construction Management
Accounting Integration
Budget Tracking/Job Costing
CRM
Change Orders
Commercial
Contract Management
Contractors
Equipment Tracking
Estimating
Incident Reporting
Mobile Access
Offline Access
RFI & Submittals
Residential
Subcontractor Management
Timesheets