Items Tagged with 'Prompt Pay'

Can a court reverse an arbitrator’s decision?

After AECOM's net $44-million jury award on a disputed project, potential added interest gets interesting.

AI agent is designed to help answer subcontractor questions in the system without having to contact Textura support directly.

When Matt Andersen ended 20 years in public accounting and joined then-client Superior Masonry Unlimited as CFO in 2022, his first order of business was to modernize the specialty contractor’s accounting systems.

The pandemic drove a theater chain into bankruptcy, leaving the prime contractor with unpaid invoices.

A commentary explaining court decision about Graycor's handling of a subcontractor payment.

A historic financial reckoning is at hand with office vacancies and interest rates high.

McCarthy Building Cos. has standardized its subcontractor payments and most financial transactions on Oracle's Textura cloud-based payments platform. 

A commentary advocating escrow as a way to improve prompt pay and overall project health.