GradeBeam® & Textura-PQM™ Are Now Integrated

Contractor prequalification data is searchable across Textura solutions.

CHICAGO, Dec. 16, 2013 /CNW/ - Textura^® Corporation (NYSE: TXTR), the leading provider of collaboration solutions for the construction industry, announced today another step towards establishment of a single platform for their solutions with the integration of Textura-PQM and GradeBeam. This enhancement enables users to search the databases from a single platform, helping to reduce complexity and improve search efficiencies.

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Patrick Allin, Textura Chairman and CEO stated, "This significantly strengthens the value proposition to our clients of both solutions." Textura—Pre-Qualification Management (PQM) automates and enhances the entire pre-qualification process; GradeBeam simplifies and expedites Invitations-To-Bid and other project information.

"Our GradeBeam General Contractors and Owners needed an easier way to access their prequalified subcontractors," said Matt Carroll, Vice President-GradeBeam, Textura Corporation. "They also wanted improved search functionality to identify subcontractors with the required qualifications when entering new markets or undertaking new types of projects. Subcontractor clients of GradeBeam have wanted a more effective way to promote their qualifications. This new integration will prove very useful to both groups."

The integration between GradeBeam and PQM provides enhanced search insights and custom targeting capabilities. This will help users understand, analyze and quickly extrapolate critical vendor information to meet their prequalification needs.

Jonathan Halloran, P.E., Executive Vice President-PQM, Textura Corporation, elaborated, "Combining the search and bid list development functionality delivers a unified and integrated business solution, providing increased vendor insight, mitigating client risk and expediting the pre-construction process – all from easy-to-navigate functionality. Now estimators can build bid lists with full knowledge of who their organization has vetted in the rigorous PQM process. Qualification managers no longer need to have manual systems to keep their estimating and purchasing teams up to date on subcontractor qualification status."

Allin concluded, "As we continue to integrate our solutions we will establish a single platform that can serve as an ecosystem platform for the industry and enable clients to work across our suite of collaboration solutions in a way that mirrors how they work on a construction project."

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

SOURCE: Textura Corporation

Textura Corporation, 866-839-8872, [email protected]

http://www.texturacorp.com

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