CHICAGO, April 8, 2014 /PRNewswire/ -- Mashburn Construction, a full-service construction company providing construction management, design/build and general contracting, has been able to scale their business with the help of Textura—CPM™ and GradeBeam®, two software solutions which are part of the suite of collaboration solutions offered by Textura® Corporation (NYSE: TXTR).
"Before we started using Textura—CPM, we were performing most of the payment process manually," said Robert Parsons, CFO, Mashburn Construction. "It was very time and resource-consuming, and we recognized that in order to achieve our full potential, we needed to standardize the billing process across the organization, reduce clerical errors from the pay application process and allow our subcontractors more visibility into their compliance and payment status."
Textura—CPM allows Mashburn Construction and other General Contractors to automate invoicing, lien waiver collection, electronic payments, document compliance and reporting. Using a powerful but easy-to-use workflow, Mashburn Construction can eliminate wasteful, paper-laden processes with a more streamlined approach, allowing the growing company to focus more on providing superior service and quality to their clients in the healthcare, historical renovation, hospitality, industrial, institutional and church construction sectors.
GradeBeam is a cloud-based solution that simplifies and expedites the massive information exchange that occurs in the pre-construction phases of projects, including Invitations-To-Bid, drawings/specifications distribution, corrections, RFIs and addenda. With GradeBeam, Mashburn has increased transparency, consistency and accountability, resulting in fewer delays and lower project costs. Mashburn Construction started using CPM™ and GradeBeam in 2007.
"We can now pay our subcontractors faster, improving our relationships with our subcontractor community, and we've been able to scale our financial team, which has been important as we have experienced tremendous growth over the last few years," said Parsons. Headquartered in Columbia, South Carolina, Mashburn also has offices in Charleston and Greenville, South Carolina. The firm has completed such notable projects as the Boeing Site Services Building, Medieval Times Dinner Theater and the College of Charleston - Randolph Hall, Porter's Lodge and Towell Library historical renovation.
"Mashburn Construction exemplifies how our collaboration solutions can be used together to create a platform for success," said Patrick Allin, Chairman and Chief Executive Officer, Textura Corporation. "Mashburn's growth over the last few years has been impressive, especially considering the current economic conditions. We look forward to seeing what new levels of success they will achieve."
About Mashburn Construction
Founded in 1976, Mashburn Construction is a full-service construction company providing construction management, design/build and general contracting. For over three decades, the company has exemplified Building with Integrity by providing superior service and quality to clients in the healthcare, historical renovation, hospitality, industrial, institutional and church construction markets. For more information, please visit www.mashburnconstruction.com
About Textura
Textura is the leading provider of collaboration and productivity tools for the construction industry. Our solutions serve all construction industry professionals across the project lifecycle – from takeoff, estimating, design, pre-qualification and bid management to submittals, field management, LEED® management and payment.
Textura's collaboration platform and online product suite represent the first time the industry has all the tools needed to manage their business in an integrated fashion to save time and money and reduce exposure to risks. With award winning technology, world-class customer support and consistent growth, Textura is leading the construction industry's technology transformation. www.texturacorp.com
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SOURCE Textura Corporation
