|By PR Newswire||
|July 30, 2014 07:30 AM EDT||
CHICAGO, July 30, 2014 /PRNewswire/ -- Donohoe Construction, one of the leading General Contractors that exclusively serves the Washington, D.C. Metro area, has achieved remarkable growth over the last few years with the help of Textura-CPM®, a web-based software solution that optimizes the construction payment management process offered by Textura® Corporation (NYSE: TXTR), the leading provider of collaboration solutions for the construction industry.
"We were one of the earliest adopters of Textura-CPM, going live with the solution in 2007," said George Heacox, VP of Finance, Donohoe Construction. "By using Textura-CPM, we've standardized the billing process throughout our organization and eliminated clerical errors from the payment application process. CPM™ has allowed us to provide our subcontractors with more visibility into their compliance and payment status, which has helped our relationships with our subcontractor community. And, we've been able to scale our financial operations as our company has grown."
Among the Top 25 General Contractors in the Washington, D.C. area, according to the Washington Business Journal and on ENR's Top 400 General Contractors list for over 34 years, Donohoe Construction has worked on high-profile, award-winning projects such as the Long Bridge Park and Recreation Centre in Arlington, VA, the Yale West Apartments in Washington, and The George Washington University Ames Hall Renovation & Addition. Donohoe Construction recently on-boarded it's 80th project on Textura-CPM.
Donohoe Construction uses Textura-CPM to automate invoicing, lien waiver collection, electronic payments, document compliance and reporting. CPM electronically integrates all construction payment management process into a powerful, but easy-to-use workflow that allows Donohoe to automate manual processes and eliminate the stacks of paper traditionally involved in the payment process.
"The success that Donohoe Construction has achieved over the last seven years is remarkable, especially given the status of the economy during much of that time," said Patrick Allin, Chairman and Chief Executive Officer, Textura Corporation. "Donohoe is one of the many General Contractors on ENR's Top 400 list that are using our solutions to enhance efficiency and increase productivity, and we are looking forward to supporting Donohoe as they continue to be successful."
About Donohoe Construction
Family-owned and operated, Donohoe Construction Company ("Donohoe Construction") is one of the leading general contractors exclusively serving the Washington, DC Metro area. Our diverse construction expertise includes multi-family residential, office, hospitality, senior living, mixed-use, interiors, parking garages, and higher-education projects. Our continued growth and success reflects our steadfast commitment to superior service and uncompromised integrity. For more information, please visit www.donohoeconstruction.com
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.
The Textura® 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
SOURCE Textura Corporation
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