Textura 24.2

Billing

Updates to the Record Sub-Tiers Workflow

 General Contractor  Subcontractor  Sub-tier

When adding sub-tiers as part of the record sub-tiers workflow, the parent organization is now responsible for the contract and payment amounts. These can no longer be updated by the sub-tier. When participating in a draw, a sub-tier must wait until the parent organization has entered a payment amount before they can enter their own sub-tiers and sign lien waivers.

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.

image-2024-2-6_10-35-59

Contracts

Grant Subcontractors the Ability to Overbill Contract Value

 General Contractor

General contractors can now allow subcontractors to overbill, and invoice for more than the contract value. Overbilling must be enabled at the organization 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 invoices for amounts greater then the remaining contract balance. Not all integrations support this, and can result in the failure of invoices to successfully post. If you have additional questions about this feature please reach out to your Oracle Textura support representative.

A screenshot of the Create Subcontract page. A new checkbox is present for Allow contract to be overbilled

Supplier Tracking

View Parent Organizations for Supplier Qualifications

 General Contractor

The Supplier Qualifications tab in Supplier Tracking now displays the parent organization. If the organization is a sub-tier, the contract number of the parent organization is also displayed in parenthesis.

A screenshot of the Supplier Qualifications tab of the Supplier Tracking page. A new column is present for parent organization.

Textura Payment Accelerator

TPA Declined Enrollment Report Enhanced and Renamed to TPA Enrollment Audit Report

 General 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

A screenshot of the renamed TPA Enrollment Audit report. Columns include project number and name, subcontract number, vendor ID, subcontractor name, contract value, and contact name, email, and phone.

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 Wednesday, July 10, 2024