Staying current on contractor compliance is difficult, to say the least – especially on larger, complex projects. Often, compliance status is maintained in spreadsheets, disconnected from claims and payment systems.
Textura®—CPM integrates compliance management with the claims and payment process by providing a colour-coded summary display with expiration details in a single, shared location. Easy access to information ensures accurate decision making and reduces the risk of non-compliance.
- Centralised tracking of compliance requirements – accessible to project teams, accounting staff and executives
- Subcontractor visibility into compliance requirements and status
- Subcontractor ability to securely submit required documents
- Support for recurring requirements includes weekly, monthly, or per-claim enforcement
- Automated e-mail notification of pending expiration, expired items, and resulting payment holds
- Integration with accounting system compliance, when available