Textura 24.2
Billing
Updates to the Record Sub-Tiers Workflow
Main Contractor Subcontractor Sub-tier
When adding sub-tiers as part of the record sub-tiers workflow, the parent organisation is now responsible for the contract and payment amounts. These can no longer be updated by the sub-tier. When participating in a payment period, a sub-tier must wait until the parent organisation has entered a payment amount before they can enter their own sub-tiers and sign any documents.
Prompt Added to Acknowledge When No Sub-Tiers Are Added to Project
Subcontractor Sub-tier
Subcontractors must now acknowledge when no sub-tiers are listed during the invoicing workflow. This ensures all parties are confident in supplier status.
Contracts
Grant Subcontractors the Ability to Overbill Contract Value
Main Contractor
Main contractors can now allow subcontractors to overbill, and invoice for more than the contract value. Overbilling must be enabled at the organisation level, then project, before it can be turned on for a contract. A project setting also allows overbilling on new contracts by default.
Note: Prior to enabling this feature please verify that your ERP is able to accept payment applications for amounts greater then the remaining contract balance. Not all integrations support this, and can result in the failure of payment applications to successfully post. If you have additional questions about this feature please reach out to your Oracle Textura support representative.
Textura Payment Accelerator
TPA Declined Enrollment Report Enhanced and Renamed to TPA Enrollment Audit Report
Main Contractor
The following enhancements are added to the TPA Enrollment Audit report:
- Enrollment and decline activity added
- Additional selection criteria available for enrollment status, date range, and project
- Columns added for contact information and enrollment status
Bug Fixes
The following bugs are resolved in this release:
- Contract Status issues on projects with TPA Split Payments
- Browse Projects organization filter
- Various other minor issues resolved
Last Published Friday, August 2, 2024